The Platinum Card from American Express: A Review of the Benefits, Features, and Fees

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Platinum Card from American Express
Platinum Card from American Express

The Platinum Card from American Express is a credit card that offers benefits that most other cards don’t. This card has a $200 annual fee, but it also comes with many perks.

How Can You Apply For The Platinum Card From American Express?

The Platinum Card from American Express is a luxury card only given to those with a high net worth. It has no annual fee and comes with many perks, such as airport lounge access, free travel insurance, and priority check-in.

While the application process for this card can be pretty lengthy, it’s not impossible to get approved for it. Here are some tips on how you can apply for the Platinum Card from American Express:

-Apply in person at an American Express office or by mail.

-Have two years of personal tax returns and three years of business tax returns.

-Provide proof of income by showing your most recent pay stubs or W2 form.

-Provide proof of your net worth with bank statements.

What are Some of The Fees Associated with The Platinum Card from American Express?

The Platinum Card from American Express is one of the most expensive credit cards in the United States. The card has a $550 annual fee which is waived for the first year. After that, there are no other annual fees or foreign transaction fees associated with this card. However, there are some additional fees to consider when applying for this card. Fees related to the Platinum Card from American Express: – Application Fee $450. – Annual Fee is $550 (waived during the first year).

– Foreign Transaction Fee 2.7%.

– Purchase Protection Plan $99.

– Return Protection Plan $99.

– Concierge Service Monthly Fees.

What are The Features of The Platinum Card from American Express?

American Express has just announced the release of its new Platinum Card. The card is designed to offer its owners luxury, convenience, and security.

Some of the features that come with this card are:

– A $200 airline fee credit every year.

– A $100 Global Entry credit every four years.

– An annual $100 airline fee credit for each authorized user.

What are the Benefits of the Platinum Card from American Express?

These benefits include:

-Up to $200 in airline credits each calendar year;

-Up to $100,000 in airline accident insurance;

-Athletic and entertainment events access and discounts;

-Free international lounge access for you and up to five guests on each trip;

-Complimentary airport lounge access for you and up to five guests when flying out of the U.S.;

-Additional 10,000 miles per calendar year when using your card for purchases in foreign currency or traveling internationally.

Conclusion:

As a final note, we would like to say that the Platinum Card from American Express is not for everyone, and it is not worth it if you will spend more than $1,000 per year on the card.

This card is designed for people who want to make a big purchase. If you want a credit card for convenience and don’t plan to spend more than $1,000 per year, this isn’t the right credit card for you.

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