Does it make sense to hold an Amex Platinum and Amex Gold card?

I know what you’re thinking: It doesn’t make much sense to hold two cards that earn the same type of points while paying hefty annual fees to keep them both in your wallet.

For me (and many others), however, it’s entirely worthwhile.

It’s true that the price tags on The Platinum Card® from American Express and American Express® Gold Card can look hefty — especially combined — and that they earn the same type of points. However, these cards’ earning rates and perks couldn’t be more different.