Why we recommend it: If you're a high roller with high-class travel expectations, the Platinum Card from American Express offers it all. The card’s exclusive benefits and travel privileges make it a staple among affluent travelers. The best benefits include club access to airport lounges worldwide (typically around $400), expedited travel arrival at airports (around $100), $200 in airline fee credits annually to cover incidental fees, complimentary benefits and special amenities at more than 700 hotels worldwide (upwards of $450) and 24/7 Platinum Card Concierge to get you everything from dinner reservations at Michelin-rated restaurants to private jet access. These perks are in addition to travel protections such as car rental loss and damage insurance, travel accident insurance and purchase protection. Finally, as a charge card there is no preset spending limit and no foreign transaction fees. It’s your unlimited ticket to luxury when traveling abroad.
Drawbacks: This charge card has an immense $450 annual fee and requires excellent credit to qualify. Plus, with a charge card, you'll need to pay off the balance in full every month.
