Analysis: The
Amex Platinum Card
is the most rewarding card for airfare purchases, offering a whopping 5x points for airfare booked directly with the airline or through Amex Travel. You also earn 5x points on hotels booked through Amex Travel and 1x points on other purchases.
Is Amex platinum worth it for travel?
Overall,
the Amex Platinum still remains worth it if you can take advantage of the benefits without overextending yourself
. At the end of the day, it's not financially savvy to spend more money just to take advantage of the card's benefits.
What credit card has the most travel benefits?
- Winner: American Express® Gold Card.
- Runner-up: Capital One Venture Rewards Credit Card.
- Best welcome bonus: Chase Sapphire Preferred® Card.
- Best for luxury travel: Chase Sapphire Reserve®
- Best for no annual fee: Discover it® Miles.
What is the highest level American Express card?
The highest level American Express card is the
Centurion card
, which is also known as the ‘black card.
Is American Express good for travel?
Amex Travel can be a very useful tool when booking flights, hotels, vacation packages, cruises, or rental cars
. In many cases, it may not offer the best rate options, but it's worth comparing to other booking sites and airlines or hotels directly.
Is it better to book through Delta or American Express?
The main and most obvious difference between the two cards, at least in regards to bonus points and miles, is that the 5x points on airfare when booked directly with the airline or through AmexTravel.com from the Platinum will generate a much higher return than the 2x Delta miles you'll earn with the Reserve.
Is Amex platinum worth it 2022?
The Amex Platinum card is
well worth it for frequent travelers who want luxury travel and lifestyle perks, and who can regularly take advantage of the card's premium benefits
.
Is it hard to get Amex Platinum?
Yes, the American Express Platinum card is hard to get approved for
. It will be difficult for the average person to get the American Express Platinum card because of the card's 700+ credit score and reportedly high income requirements.
How much income do you need 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.
Is American Express accepted everywhere?
The American Express card isn't accepted by every merchant
, but it can be used at a growing number of locations in the United States and around the world.
Is American Express a good credit card to have?
Yes, it is good to have an American Express credit card
because Amex cards offer bonus rewards on a variety of purchases for people with good or excellent credit. American Express cards also come with an array of welcome offers and introductory 0% APR promotions, in addition to a certain air of prestige.
How can I travel for free?
- Work Abroad in Expat-Friendly Industries. …
- Look for Work Exchanges. …
- Volunteer Long-Term With the Peace Corps. …
- Volunteer With Short-Term Volunteer Organizations. …
- Organize Your Own Volunteer Trip. …
- House-Sit or Pet-Sit. …
- Swap Houses. …
- Travel to ‘The Old Country' for Free.
Is the Sapphire Preferred worth it?
The Chase Sapphire Preferred® Card is
an excellent card for travelers in general
. It even has a few travel perks, such as primary rental car insurance, trip cancellation/interruption insurance and lost luggage insurance.
What credit cards do millionaires use?
Millionaires use credit cards like
the Centurion® Card from American Express, the J.P. Morgan Reserve Credit Card, and The Platinum Card® from American Express
. These high-end credit cards are available only to people who receive an invitation to apply, which millionaires have the best chance of getting.
Is American Express for rich?
American Express is not specifically for rich people
, even though it does have a high level of status in many people's minds. Applicants need good or excellent credit scores of 700+ to qualify for Amex credit cards, and you don't need to be rich to have a good credit score.
How much is 50000 Amex points worth?
To get maximum value from your 50,000 Amex points, redeem for certain gift cards or travel packages through Membership Rewards. Depending on the redemption method, the value of 50,000 Amex rewards points ranges from
$250 to $500
. The average value is $325, as each Amex point is worth an average of about 0.65 cents.
What are the benefits of an American Express card?
- Bonus rewards on dining, supermarkets and certain travel.
- A sizable welcome offer.
- Flexible reward redemptions.
- $120 Dining credit.
- Up to $120 a year in Uber cash.
- $100 resort credit.
- Presale and preferred event tickets.
- No foreign transaction fees.
How much is 75000 American Express points worth?
The Amex Gold's 75,000-point welcome bonus through CardMatch is also much better than the current public offer of just 60,000 points and is worth
around $1,500
based on TPG's valuations.
What is better Amex Platinum or Reserve?
Chase Sapphire Reserve: Reserve Has More Mass Appeal.
The Platinum Card from American Express might be the better option for traveling in style, but the Chase Sapphire Reserve is better for travel rewards and daily use
. Many or all of the products featured here are from our partners who compensate us.
Is it worth having Amex Platinum and Delta Reserve?
At $695 per year, the Amex Platinum isn't an affordable card — but neither is the Delta Reserve.
For a difference of $150, the Amex Platinum can offer a better value
, since there's a long list of non-Delta benefits that are useful for other parts of the travel experience, whether that's with hotels or rental cars.
Does Amex Platinum get Delta status?
The Amex Platinum card can be a better card for the frequent international traveler who is already a Delta Medallion elite and
receives core Delta benefits through elite status
.
What is higher than Amex Platinum?
Here are some of the most expensive credit cards:
Mastercard® Gold Card
: $995 annual fee. The Platinum Card® from American Express: $695 annual fee. J.P. Morgan Reserve Credit Card: $550 annual fee.
Do you have to pay American Express Platinum in full every month?
In order to keep the account in good standing and keep a spotless credit score, it is always important to make payments on time every month. There are no interest charges on the Platinum account because
it must be paid in full each month
.
Does Amex Gold have a limit?
The American Express® Gold Card has
no preset spending limit
, which reflects its origins as a charge card — a card that requires you to pay your bill in full every month. Nowadays, the card allows you to pay for some purchases over time.
Which is the easiest Amex card to get?
The
USAA® Secured American Express® Card
used to be the easiest American Express card to obtain as it was available to people with bad credit.
Can you have 2 American Express cards?
You can only have four Amex cards with spending limits
, and ten Amex cards with no spending limits, open at any given time.
How do you get a gold American Express card?
In order to get the Amex Gold card, you will have to
meet the credit score requirement, have a steady income and be at least 18 years old
. You'll also need to have an SSN or ITIN. Keep in mind that even if you meet all of the requirements for the Amex Gold card, you're never guaranteed to be approved.
