The Platinum Card from American Express has become an American standard for cardholders. The high annual fee may put your head spinning at first, but with the wide variety of benefits and perks that come along with the top of the line luxury credit card offers lots of value. Here is a look at some of the best features to look for when choosing a credit card.
The Platinum Card from American Express has a variety of great rewards and perks, including rewards for using points for air travel, dining, gasoline and department store purchases. The rewards are designed to help you save and manage your spending more efficiently. Plus, you can earn a generous credit line which allows you to take advantage of special offers when it comes to traveling. You can enjoy discounts on airfare, hotels, rental cars, and rental car services.
One of the most excellent benefits to the Platinum Card from American Express is the ability to transfer your balance to other cards. Each month, you can earn a certain amount of points toward paying your balance off by transferring your balances from one card to another. The more balance transfer points you have, the higher the rate of interest you will pay on your account. The transfer of balances to different cards is not always easy, however. You will want to ensure that the card you are considering offers a reasonable transfer fee or that you can pay off your balance in full each month to avoid a transfer fee.
Another benefit to the Platinum Card from American Express is the ability to transfer balances from your other cards into your Platinum Card. With a larger credit line and greater flexibility in spending, you will be able to take advantage of the many special offers and rewards to pay down your debt and start paying it down faster. This is also a convenient way to avoid accumulating large amounts of debt while still maintaining a good credit score.
The Platinum Card from American Express has some additional features, such as cash back reward programs and travel alerts. If you plan on using your card while traveling, these features are an additional bonus. You can also choose from a variety of airline miles to use when traveling with the card.
While these features may not sound like much, the Platinum Card from American Express is a card that deserves consideration. As it offers great rewards and benefits, it is also one of the best credit cards out there. For those looking for the best value in a credit card, it is well worth the initial cost.