Is Amex Platinum still worth it?
Is Amex Platinum still worth it? IS IT WORTH IT? YES. Based on your spending, your estimated rewards on The Business Platinum Card® from American Express would make up for the annual fee.
What is so special about American Express Platinum?
The Amex Platinum card gives the same Priority Pass Select Lounge access upon enrollment plus same-day flight access to the Global Lounge Collection, Airspace lounges, Delta SkyClub lounges, Escape Lounges-The Centurion Studio Parter, select Lufthansa Lounges, Plaza Premium Lounges, and the Centurion Lounges.
Is Amex Platinum annual fee going up?
Beginning September 26, 2023, the Platinum Card's already steep annual fee will go from $699 to $799 per year on your next card anniversary. It will also cost more to add a supplementary Platinum Card to an account with the fee rising from $175 to $250 at the same time.
Does Amex Platinum pay for itself?
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? It doesn't have to be exact, just give your best guess!
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.