Is American Express Platinum status worth it?


Is American Express Platinum status worth it? IS IT WORTH IT? NO. Based on your spending, your estimated rewards on The Platinum Card® from American Express would not make up for the annual fee. How much do you spend annually on flights and hotels in U.S. dollars booked on AmexTravel.com?


Is Amex Platinum worth it 2023?

Compare Amex Platinum to other cards Amex Platinum has a higher annual fee than most credit cards, but it also offers unparalleled travel benefits and a robust rewards program. For example, your card gives you access to Delta Sky Club, The Centurion Lounge and several other airport lounge options.


Does Amex Platinum have a limit?

The Platinum Card® from American Express does not have a traditional credit limit; utilization for this card is not calculated the same as cards with credit limits. Average age of members who matched this card or similar cards. Average annual income of members who matched this card or similar cards.


Is 3 credit cards too many?

If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.