How much is American Express Platinum yearly fee?

How much is American Express Platinum yearly fee?

$695
At-A-Glance. The American Express Platinum Card annual fee increased to $6951 starting in July 2021 for new Card Members and on or after January 2022 for existing Card Members (upon their renewal date). The Platinum Card offers a suite of elevated benefits, including wellness, entertainment, and travel credits.

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).

Is American Express Platinum card free?

An American Express Platinum Card comes with an annual fee of $695 but the Morgan Stanley Platinum CashPlus account gives you an annual engagement bonus of $695 a year, which covers the cost of the annual fee.

Is Amex Platinum fee waived first year?

The reason is that this card carries a $450 annual fee – not waived for the first year! While the big point bonuses of 50,000 and 100,000 Membership Reward points help to offset that, the current bonus is only 25,000 Membership Reward points.

How do I waive Amex annual fee?

Apply for the Amex financial relief program: If you’re having difficulty paying your annual fee due to unforeseen financial difficulty, apply for the financial relief program online or call Amex at (866) 703-4169. You could potentially have your annual fee waived.

Does Amex charge annual fee immediately?

Amex charges the annual fee on your Card anniversary date. So if you opened your Gold Card on March 10, the fee will be charged that day and every March 10 going forward – as long as your account is open.

Is Amex Platinum difficult to get?

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. Another reason why the American Express Platinum card may be hard to get is because of the card’s daunting $695 annual fee.

How prestigious is the Amex Platinum?

The Amex Platinum is one of the most prestigious travel credit cards you can own. Trying for an American Express credit card lets you establish a relationship with Amex. Plus, it can make it easier to add the Amex Platinum Card to your wallet in the near future.

Is Amex platinum hard to get?

Getting approved for the American Express Platinum is like any new credit card application. You have better chances with a credit score above 700, a clean credit history, and a low debt-to-income ratio. If you think you might have to work on these factors, take the time to improve your credit to enjoy the benefits.