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American Express AIR MILES Platinum credit card reviews

American Express AIR MILES Platinum credit card details and credit card application link.

What makes the Amex Air Miles Platinum Card unique? It is very hard to find a credit card setup that is better suited to your travel needs. All miles can be redeemed for travel, goods, gift cards, services and more. Shopping with participating merchants can earn you additional points. At the exceptionally low fee of $50 a year and with free supplementary cards, the Air Miles Platinum keeps you protected with the included damage, travel, and car rental theft insurance. Your spending is secure with the assurance protection plan offered by Amex. Support is available 24 hours a day, 7 days a week.

The Air Miles Platinum lets you earn 350 bonus miles, one mile for every 10 Canadian dollars spent at participating establishments, and one mile for every 15 spent everywhere else. The annual interest rate on funds advances and purchases is 19.99 percent. Naturally, applicants are required to show an excellent credit history. Certain restrictions may apply.

When you shop at participating sponsors throughout Canada, be sure to get an Air Miles Collector Card issued. These are two sources of reward miles. If you apply for the card prior to the deadline of October 11, 2010 you are eligible for the 350 free miles, and your friends or relatives will enjoy the advantage of the free supplementary cards and earn miles as well.

You are automatically eligible for damage insurance and car theft insurance if you charge car rentals to the card and turn down the loss damage waiver or equivalent. All rental items charged to the credit card give you the benefit of an extended warranty (up to a year) under the Assurance protection plan. The Purchase protection plan provides three months’ insurance coverage against theft and physical damage. You are also eligible for the standard American Express extra “Front of the Line”. This service grants access to the best seats at entertainment events throughout Canada, usually before tickets are offered for sale to the public.

So who can apply for the Air Miles Platinum Credit Card? All Canadian residents possessing a Canadian credit file, who are of legal age, make at least $15,000 a year, and have not declared insolvency in the past seven months are eligible

Participating sponsors in Canada include A&P and Metro (in Ontario excluding Thunder Bay), Foodland (New Brunswick, Newfoundland and Labrador, and Nova Scotia), Jean Coutu (New Brunswick, Ontario, Quebec), Goodyear Select, Shell, Budget Car and Truck Rental, etc. Being a client of these enterprises and/or a number of others will enable you to get a mile on every 10 Canadian dollars spent.

To give you the possibility to compare, CIBC AeroGold Visa comes with an interest rate of 19.5 percent, an annual fee of $120, and a minimum credit limit of $5000. The card is on offer for clients with a minimum household income of $35,000. Additional cards cost $50 a year, and individuals can order up to 3 cards. As an added bonus, card holders earn 1.5 rewards miles for every dollar spent at groceries, gas stations, and drug stores. Moreover, clients gain access to all available seats on Air Canada, Executive Class included. CIBC guarantees that clients will not loose their reward air miles, even after one year of inactivity. Finally, with the online banking service, card holders can view their balance, last payment, available credit, payment due date, transaction details, minimum payment, and other important details.

Credit Card Details
NameAmerican Express AIR MILES Platinum Apply Now
Interest Rate19.99%
Annual Fee$50
Cash BackNo
Low InterestNo
Auto and GasNo
Instant ApprovalNo
Balance TransferNo
US DollarNo
No Annual FeeNo