The American Express Air Miles Platinum Credit Card is an annual fee credit card, but only those with excellent credit scores are eligible for it.
With the American Express Air Miles Platinum Credit Card, cardholders earn 1 Air Miles reward mile for every $10 spent at participating Air Miles sponsors. In addition, 1 Air Miles reward mile can be earned for every $10 charged to the card at eligible Canadian grocery stores, gas stations, and drug stores. Purchases made everywhere else earn cardholders 1 Air Miles reward mile for every $15 spent.
Cardholders also have the ability to earn double the points with their Air Miles card at any participating retailer. Here's how: pay for your purchase with the American Express Air Miles Platinum Credit Card and show your Air Miles card — it's that easy.
Plus, enjoy an interest rate of 1.99% for the first six months of ownership if you transfer your other credit balances to the American Express Air Miles Platinum Credit Card.
The American Express Air Miles Platinum Credit Card has an annual fee of $65 and carries no fee for additional cards. The card features an interest rate of 19.99% on purchases and 21.99% on cash advances and transfers. Late or missed payments will trigger an increase in interest. Depending on your payment history, your interest could rise to 23.99% or 26.99%.
Purchases made on the card in a foreign currency are subject to a 2.5% fee.
Why get the American Express Air Miles Platinum Credit Card?
Welcome Bonus – New American Express Air Miles Platinum Credit cardholders are eligible to receive a welcome bonus of 2,000 Air Miles reward miles when $1,500 in purchases are charged to the card within the first three months.
Balance transfers - Transfer a balance from another credit card and take advantage of a 1.99% interest rate for the first six months.
More than 1,000 Reward Options – American Express Air Miles Platinum Credit cardholders are able to redeem their reward miles for flights, as well as more than 1,000 other rewards. These rewards vary from event tickets to electronics to travel perks and much more.
Transfer Offer – New cardholders have the option to transfer their balance from another credit card at a rate of 1.99% interest for the first six months. There is no fee for transferring. The maximum balance is $7,500.
Referral program – When a cardholder refers the American Express Air Miles Platinum Credit Card to friends or family, they are eligible for a referral bonus of 500 Air Miles reward miles. Cardholders are able to earn up to 7,500 reward miles in referral bonuses per the calendar year.