04/04/2026
WHYYYY would I pay $895 per year for a credit card I hardly use??? š³
Letās back up for a minute.
I like think of my credit cards as belonging to one of three categories:
āØDaily use cards. These are credit cards that I carry in my wallet and use regularly because they have high multipliers on daily spending categories, like groceries, gas, and dining out. They are my default cards when I am not working on meeting a minimum spend.
āØSign up bonus cards. These are credit cards I open for the sign up bonus, but stop using after I meet the minimum spend. Iāll usually cancel or downgrade these after the first year.
āØBenefits cards. These are credit cards I keep open because the value of the benefits and credits that come with the card outweigh the annual fee. Butā¦I donāt actually use these cards all that often!
The American Express Platinum card falls into the last category. While I do use it to pay for flights (5x points per dollar) and to use the various credits (Fine Hotels & Resorts, Resy dining, Lululemon, Hulu/Disney+, Walmart+, etc.), it doesnāt see the light of day otherwise!
I know it looks cool, but the Amex Platinum only gets 1x point per dollar on the vast majority of purchases, so itās a pretty awful choice for everyday use.
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