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Best High Limit Credit Cards of August 2022 – Forbes Advisor

Amex No Preset Spending Limit Terms means Platinum Card® from American Express (Terms apply. See rates & fees) will adjust your spending limits based on your purchases, payments, and credit history. Although it carries a significant annual fee, the card offers many benefits to those who can fully utilize them.

Awards: 5 Membership Rewards points per dollar for flights booked directly with the airlines or with American Express Travel up to $500,000 per calendar year, 5 points per dollar on prepaid hotels booked with American Express Travel and 1 point per dollar on other eligible purchases

Welcome offer: 100,000 Membership Rewards points after spending $6,000 on card purchases within the first 6 months of card membership

Annual fees: $695

Other advantages and disadvantages: With up to $200 annual fine hotels and resorts or hotel collection statement credit, up to $20 monthly digital entertainment statement credit at select providers (registration required), monthly Walmart+ membership credit $12.95 (registration required), an annual airline fee statement credit of up to $200 (registration required), up to $200 in annual Uber Cash (distributed monthly and can only be applied in the U.S.), monthly Equinox credit of up to $25 when paying for Equinox+ or qualifying Equinox Club membership (registration required), annual CLEAR statement credit of up to $189 (registration required ), up to $100 Saks 5th Avenue statement credit with enrollment (distributed semi-annually), and access to the Centurion network of over 40 salons and studios, the Platinum Card® from American Express has no shortage of perks. .

The card also charges no foreign transaction fees, includes luxury travel benefits, elite status with Hilton and Marriott with enrollment, cell phone protection*concierge service and many other advantages.

For more information, see our full review of The Platinum Card® from American Express.