KEY POINTS
- The Platinum Card® from American Express is loaded with value, but comes with a steep upfront cost.
- The Capital One Venture X Rewards Credit Card is a powerful travel card that can easily return its annual fee in credits.
- The American Express® Gold Card is a better alternative for foodies, while the Wells Fargo Autograph℠ Card is free and more versatile.
Join 20,000+ Americans getting smarter and richer with our expert money tips
Get on the path to financial success — subscribe today for tips, guides, and top-tier financial products straight from the personal finance experts
If you’re a frequent traveler, then it pays to have a good travel card. These cards can help you easily rack up miles or points, helping you cover your airfare or accommodation without digging deep into your pockets. The best travel cards also come with annual statement credits, like hotel and airline credits, simply for being a cardholder.
Among the most luxurious travel cards, few can rival The Platinum Card® from American Express. This card can give you more than $1,500 in annual spending credits for services like Uber and Walmart+. It also earns 5x points per $1 spent on flights booked directly with airlines or through American Express Travel. And to top it off, it offers airline and hotel credits totaling $400 per calendar year. Terms apply.
But it isn’t cheap. In fact, with an annual fee of $695, it’s one of the most expensive cards out there (see rates and fees). That’s a steep price for a card, even if it does offer double the fee in value.
Leave a Reply