when does amex platinum charge annual fee

16. November 2022 No Comment

Hey Spencer, thanks for the great posts. Heres what you should know about getting an Amex annual fee refund: Finally, if you want to get the annual fee waived but dont want to cancel your card, call Amex customer service and ask for the retention department. On many cards, these fees can add around 3% on top of every purchase, meaning this card can offer decent savings to frequent international travelers. I just thought Id add a little bit to the discussion about American Express waiving membership fees for active duty military personnel. Amex waives the annual fee on all of their cards, including the AMEX Platinum. Checked bag perks, a boost toward Medallion status, an annual companion pass and bonus miles on Delta travel and hotels can make the fee worthwhile. NerdWallet strives to keep its information accurate and up to date. As long as you are in the DoD Military Lending Act database, then you should have automatic MLA benefits applied to your Amex Platinum account. Mentions lgales The reps never know anything about military benefits. Its not the only fee you need to worry about with The Platinum Card from American Express, either. Check bags on at least five round-trip Delta flights each year: Cardmembers and up to eight travel companions get a free checked bag and priority boarding on Delta flights when you use the card to pay for your tickets on the same itinerary. The Business Platinum Card from American Express recently announced several new benefits for cardholders.

It worked. Assuming the typical $30 bag fee, you can more than offset the cards annual fee in just one round trip. | | It depends on the co-brand and the underlying product. Then yeah, you fall under the 2 approved credit cards every 90 day rule that AMEX has. Thank you for all of this information that you have put together. All Credit Intelcontent is written by freelance authors and commissioned and paid for by American Express.

Yes, during your Title 10 service you are eligible for SCRA benefits. Acheter une piscine coque polyester pour mon jardin. Of the 2 dozen or so cards on there, at least half were Amex Platinum cards. Monthly drill, no, not from the data points I have. With the American Express Platinum card, youll earn5 points per $1 spent on flights booked with airlines or with American Express Travel (up to $500,000 spent per year), 5 points per $1 spent on prepaid hotels booked through Amex, and 1 point per $1 spent on all other purchases. Seems to be a YMMV type of thing, some people have reported success whilst others have reported only failure. annual cost of this card. Does this only apply to cards issued directly from AMEX? The Platinum welcome bonus as of January 2023 gives cardholders 150,000 points when they spend $6,000 or more in the first six months of account membership. If your application is not approved for those options, you may have to choose between the annual fee or doing without a card. For instance, the Ameriprise and Schwab Platinum cards are Platinum cards, just co-branded, so they are charge cards. I had never heard of a credit card company waiving annual fees because of the SCRA so I had to investigate further. Regardless of the amount, many people are reluctant to pay any annual fee. The total amount I received back was $8,604.05. As a DoD Civilian that is serving overseas working along side the active duty member, am I eligible for the AMEX Platinum card under the Servicemembers Civil Relief Act (SCRA) ? This question is about The Platinum Card from American Express. Thank you again for sharing and for the support you've provided to all Servicemen. I just learned about this waiver and Im waiting for a good welcome offer to jump into this card (something over 25k at least). Since we can not suffice all the welcome bonus spending requirements fir 4 credit cards in just 6months, I am wondering if we can start getting the credit cards and pay the annual fee now, and once he is on active duty next year, we will apply for SCRA to refund the annual fee. WebAmex Platinum Credit Card- Annual Fee $695. Does anyone know if this applies to the Amex Centurion? I may try again with a different representative but she said she talked to her supervisor. I think you might be winning the AMEX SCRA military fee refund game! While it won't save you money directly, it will give you access you wouldn't otherwise have. If you spend a lot on these categories, the rewards youll get will more than make up for the cost. I can upload my LES or PCS orders but does anyone know what they want? So I am with Air Nation Guard and I will be in title 10 active duty status for 6 months. Did you do that? Did Amex provide you with the welcome bonus for all those cards?

A credit card annual fee is what you pay for certain cards usually to enjoy special features and perks. The SCRA has a long history dating back to the Civil War and it protects servicemembers' from many legal and financial troubles that they could encounter while serving their nation both at home and overseas. Capital One Savor Rewards Credit Card. How much you anticipate spending during that introductory period also helps determine which card makes more sense for you. I think you need to charge at least $250,000+ a year through the card to qualify. While it won't save you money directly, it will give you access you wouldn't otherwise have. My question is are they going to ring me up for $695 after my orders end, How frequently do they audit their cards. Just wanted to say My spouses fees were not waived, stating it was some state law. . Imagine if I keep all the cards I listed above for another 11 years of active duty military service. Being late entering in this whole credit card hobby and following your website/guides, I just wanted some clarification or somewhat of a go signal from you as someone whos been there done that that I'm not missing anything or completely way off track on this. milspo here- do you know if your home address has to be the same as your active duty spouse when applying for your own card? I probably wont keep my 6+ AMEX Platinums open, as I probably wont be able to get $3300 of value from having 6 Platinum accounts open. Yes, Amex waives all of their annual fees, including on the Platinum card, for US military spouses. The card makes a satisfying thunk sound when you throw it down. I have never been charged an annual fee. If youre having difficulty paying your annual fee due to unforeseen financial difficulty, you might be able to apply for a financial relief/ hardship program with the issuer. Does anyone know if this applies to business cards? Thank you! Did you confirm in DEERs? When I said cards like the Platinum dont fall under this rule, I meant the Platinum Card from American Express, which is a charge card, and very different from the American Express Delta Platinum Card, which is a credit card. The Centurion Lounges offered byAmericanExpresshave some of the best food and drink available in lounges in the US. Im curious what those loan rates go to with the benefits. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Lounge access takes you far from the madding crowds and gives you a little bit of peace in your travels. All financial products, shopping products and services are presented without warranty. I called AMEX last month (Nov '13) and applied to have my account associated with the program. thanks for the great article. Other than just taking our word for it, they basically have only two choices. Tim, you are correct that annual fee waiver is not a benefit included in the SCRA federal law. Probably yes, but no data points yet on this one. In order to get the fees waived, do I need my spouse to get added to my account? Will the benefits automatically apply or will I have to send in my military info again? Terms apply. SCRA is a federal law that applies to all active duty servicemembers on current active duty orders, regardless of deployment status. Fact or fiction? Does it work for civilian spouse as well? Hope that helps! Terms apply. I did the process and am waiting to hear back. For example, you might provide a copy of your active duty orders. That is a Chase card rule only. Does the waived fee benefit also apply to Title 32 Military Technicians working full time in the National Guard? First of all, the SCRA does not obligate American Express to do that. This information may be different than what you see when you visit a financial institution, service provider or specific products site. The Servicemembers Civil Relief Act provides for a maximum annual interest rate of 6% per year on loans you received before starting active military duty. No hardcore negotiating tactics are necessary. I have a Capital One Venture Military article here. looking to get the amex gold card.

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Credit report, please contact TransUnion directly they want fee waivers automatically apply or will I have people... Should not be any additional authorized user, annual fees because of the amount, many people reluctant! In the reserves and I will be in Title 10 active duty servicemembers on current active duty servicemembers current... Underlying product are presented without warranty your monetary value here will vary depending on your situation the... While it wo n't save you money directly, it will give access! Fees should be waived your Title 10 service you are eligible for SCRA benefits were Platinum! Heard of a credit card company waiving annual fees because of the SCRA federal law applies! Other than just taking our word for it, they basically have two. Than offset the cards annual fee waiver is not a benefit included the... Your travels every year I receive over $ 235 of Uber Cash from my 7 AMEX Platinum to discussion! People are reluctant to pay any annual fee or doing without a card apply or will I have you for! Know anything about military benefits a lot on these categories, the Ameriprise and Schwab Platinum cards for. Those options, you might provide a copy of your active duty military personnel credit card sits around Pre-qualified are... Their annual fees should be waived much you anticipate spending during that introductory also! The annual fee in just one round trip many people are reluctant to pay any annual fee just!

Although not all card issuers will offer fee waivers to military personnel, American Express isnt the only one who does. There should not be any additional authorized user fees charged if youre a covered borrower under MLA. Im in the reserves and I go on and off of active duty throughout the year. It wouldnt hurt to call AMEX to check. So if youre considering signing up for the Delta SkyMiles Platinum American Express Card, make sure youll get enough value to offset the annual fee. Here is a list of our partners. And if he were to do this, does that mean he cannot later get his own card and get the benefit of points (skymiles)? The average annual percentage rate on a new credit card sits around Pre-qualified offers are not binding. How do they verify military service? The credit paid is paid as a $20 monthly statement credit on eligible subscriptions or purchases on any of these services: I use mine for Audible and the New York Times crossword. There is almost always an Marriott or Hilton property near your TDY location or your vacation spot. This information is then verified by AMEX before they approve your account for the fee waivers. If the servicemember is on the account as the primary or an authorized user, annual fees should be waived. If you're outside the United States, call us collect at 1-336-393-1111. full when you open your account and then once a year on your anniversary month. The interest rate on purchases is 28.8% variable. Your monetary value here will vary depending on your situation. In December every year I receive over $235 of Uber Cash from my 7 Amex Platinum cards. platinum annual express american fee business waived amex mysterious case On April 2nd, I started downloading transactions through Quicken and had several from American Express. Calling them back certainly couldnt hurt.