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Many premium credit cards charge high annual fees, sometimes reaching or exceeding $450 a year.
That sounds like a lot, but some of these high-fee cards, like the The Platinum Card® from American Express and the Chase Sapphire Reserve, have fantastic benefits.
You have to decide if you’ll use the benefits enough to justify paying for one (or more!) cards with a high annual fee.
When it comes to choosing a luxury rewards credit card, there are many options to choose from. From hotel credit cards to airline-only credit cards, it seems that every bank will pull out all the stops to compete for new cardholders’ loyalty.
But the lucrative incentives they offer often come with a high annual fee. While some annual fee charges reach $450 (or even more), the Platinum Card from American Express, the Chase Sapphire Reserve, the Marriott Bonvoy Brilliant™ American Express® Card, the Delta Reserve® Credit …read more
Source:: Businessinsider – Finance