If your credit score is above 720, then your credit isn’t just good – it’s excellent. The very best credit cards are available to you, including:
- Cards with VIP perks like concierge service
- Cards with big sign-on bonuses
- High-value rewards credit cards
You have excellent credit because you know how to manage your money, so consider this: a card with a high annual fee may actually be well worth the money. Some cards, like the American Express Platinum Card, have steep annual fees (that one is $450) but only people with the very highest credit scores can get them. If you’re wondering why you’d want to pay an annual fee, consider how valuable the credit card rewards are.
American Express Membership Rewards points can be transferred to your preferred frequent flyer program and used to get free flights, making them worth much more than the annual fee you pay. Their outstanding concierge service can save you time and hassle by making restaurant and hotel reservations, securing rental cars, and even shopping for last-minute gifts or helping with other errands. So consider a card with a high annual fee if you would like or need these kinds of services.