Retire with MONEY

Aug. 3, 2020, " Is a Travel Rewards Card With a $550 Annual Fee Worth It Even When You're Not Traveling?"

08.03.2020 - By MoneyPlay

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by Jason Steele It’s really hard to match the benefits of the American Express Platinum — which, like that of other travel rewards cards, are most valuable to frequent travelers. But if you’re grounded these days due to travel restrictions and concerns surrounding COVID-19, is this card still worth its annual fee? While the American Express Platinum is loaded with perks and benefits, its big drawback is the BIG annual fee: $550.

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