Is the American Express AeroplanPlus Platinum Card worth it?

Is the American Express AeroplanPlus Platinum Card worth it?

With a multitude of perks including an excellent point to dollar earn ratio, a wide selection of travel insurance and access to luxurious perks like airport lounges and valet services, the American Express AeroplanPlus Platinum Card is no doubt a powerful travel companion.

How do I get an American Express Platinum card with no annual fee?

You can get the annual fee waived on The Platinum Card® from American Express exclusively for Morgan Stanley* if you have an eligible Morgan Stanley investment account and one of Morgan Stanley’s Platinum CashPlus accounts (those also come with unlimited ATM fee rebates and they’re FDIC-insured).

Does Amex charge a yearly fee?

HOW MUCH IS THE ANNUAL FEE FOR AN AMERICAN EXPRESS CARD? Pay $0 annual fee if you choose from our Cards above and still enjoy great perks. We also have annual fee Cards with a range of different fees. Each one has its own unique benefits so explore them all.

Is there an income requirement for AMEX Platinum?

While there is no set score needed, we recommend you have a credit score of at least 720, 2 years of clean credit history, and an income of at least $50,000 per year to apply for the Amex Platinum card.

How much is Amex Platinum?

The Platinum Card® from American Express recently underwent a major revamp of the benefits offered on the card. Several new features were added, but to offset that cost, American Express raised the annual fee from $550 to $695 (see rates and fees).

Does American Express ever waive annual fee?

American Express typically does not waive annual fees entirely, but it may offer a side benefit to offset the Platinum card’s $695 annual fee. Retention offers traditionally include statement credits, bonus points or spending bonuses. If there’s no offer, a customer can always cancel the card.

What is a annual fee?

An annual fee is a yearly charge by banks and financial institutions to customers for use of their credit cards. The card issuer adds the annual fee to the customer’s statement.

Does Amex mean your rich?

American Express is not specifically for rich people, though applicants need good or excellent credit scores of 700+ to qualify for Amex credit cards. In addition to high credit scores, applicants that have an annual income of $60,000 or higher are often more likely to get approved.

Do you have to pay off Amex Platinum every month?

Platinum cards must be paid off in full every month. Gold card owners can carry over certain balances with interest.

Is the American Express Aeroplan Platinum card changing?

Your American Express® AeroplanPlus®* Corporate Platinum Card is changing to the NEW American Express Aeroplan Corporate Reserve Card with enhanced benefits. What are the changes to the earn rate? When will I receive my new American Express Aeroplan Card?

What is the annual fee for an American Express Platinum Card?

Today we’ll consider The Platinum Card® from American Express, which has a $695 annual fee (see rates and fees ).

How many miles do you get with Aeroplan card?

For every $5,000 in eligible purchases (less any returns, credits and adjustments) charged to the card and posted to the card account, Cardmembers will earn 1,000 Status Qualifying Miles (SQM) and 1 Status Qualifying Segment (SQS) which will be deposited in their Aeroplan member account and appear on the next card account billing statement.

How many points do you get with AMEX Platinum?

The Platinum Card from American Express comes with 60,000 bonus points after you make $5,000 in purchases in the first three months of card membership (you may be eligible for an Amex Platinum 100k points bonus offer using the CardMatch tool)