{"id":130332,"date":"2024-10-10T15:00:28","date_gmt":"2024-10-10T15:00:28","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/10\/10\/are-premium-credit-cards-worth-the-annual-fee-the-points-guy\/"},"modified":"2024-10-10T15:00:28","modified_gmt":"2024-10-10T15:00:28","slug":"are-premium-credit-cards-worth-the-annual-fee-the-points-guy","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/10\/10\/are-premium-credit-cards-worth-the-annual-fee-the-points-guy\/","title":{"rendered":"Are premium credit cards worth the annual fee? – The Points Guy"},"content":{"rendered":"


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I remember the first time I heard about a credit card with an annual fee of over $400. I scoffed. “No way I’ll ever sign up for one of those.”<\/p>\n

Years later, I now hold multiple premium credit cards. This can present some sticker shock to my relatives and to people who are new to the points and miles hobby. “Are those premium credit cards really worth the high annual fees?” they ask.<\/p>\n

My answer? It depends.<\/p>\n

On the one side, you will find many people who say premium credit cards are worth it because of the numerous perks they offer. On the other side, you will find many people who want to keep their expenses low and can’t justify the high price tag associated with these luxury-focused credit cards.<\/p>\n

Let’s take a look at what premium credit cards can offer so you can decide for yourself whether one of them might fit your lifestyle.<\/p>\n

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Popular premium credit cards<\/h2>\n

Before we talk about what premium credit cards can offer, let’s first look at some examples.<\/p>\n

Possibly the most popular example is The Platinum Card\u00ae from American Express<\/a><\/span>, with an eye-watering annual fee of $695 (see rates and fees<\/a>). Slightly less expensive is the Marriott Bonvoy Brilliant\u00ae American Express\u00ae Card<\/a><\/span>, which confers automatic Platinum Elite status in Marriott Bonvoy but comes with an annual fee of $650 (see rates and fees<\/a>).<\/p>\n

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