In this video, I review 5 reasons why you should avoid the Amex Platinum card if you are considering applying for this credit card. The American Express Platinum card is a great card with many benefits and credits for travelers, but with a $695 annual fee - is the Amex Platinum even worth it? Would you be better off with other credit cards instead, or even the Charles Schwab version of the Platinum card?
There are many things that you should consider when looking at the American Express Platinum, including the newly increased annual fee, the $1,400+ of credits that the card offers, the other options out there, and things like that. Because while this credit card has a huge welcome bonus offer right now, that should not be the only reason to get this card.
Since I got the Amex Platinum card in early 2021, at the end of this video, I will also be discussing what I plan to do with it in 2022 when the annual fee is due. I will talk about whether I plan to cancel or keep my card.
Let me know down in the comment section below what you think of the Amex Platinum card! Do you think the annual fee of $695 is worth it for all of the credits and benefits that this card offers, especially for those who travel a lot? Or will you be looking at getting other credit cards instead?
Check Out Some of My Other Videos:
7 Credit Card MISTAKES to Avoid (Increase Your Credit Score ASAP): [ Ссылка ]
NEW Amex Platinum Card - HUGE Changes (Time to Cancel??): [ Ссылка ]
4 TRAPS That Credit Card Companies Use: [ Ссылка ]
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DISCLAIMER: I am not a financial advisor and the opinions in this video are my own. This video is for entertainment and educational purposes only, it is not financial advice. You must do your own research and should talk to professionals before making any financial decisions for yourself.
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