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The Platinum Card® from American Express offers a tremendous value to cardholders, despite its $550 annual fee.
If you’re an active-duty servicemember, AmEx will waive your annual fee if you request it. The benefit is available as part of the Servicemembers Civil Relief Act (SCRA).
There are a couple of ways to get the benefit, but the easiest way is to call the number on the back of your card and request it. The fee will be waived for 2019 and every year you remain on active duty.
Keep in mind this only applies for active-duty servicemembers — reservists won’t be able to get the fee waiver unless they’re deployed.
The card offers a number of shopping and travel benefits, including annual airline fee credits and monthly Uber credits. With the annual fee waived, this is basically free money, as long as you pay the card off in full and on time.
Even if you have to pay the fee, the card can still be worth having. With the …read more
Source:: Businessinsider – Finance