Why does amex charge such high annual fees compared to other credit cards in India? Is it really justified? I mean, I am not even very clear about their exclusivity, but regardless the cost seems way too high for what I think I get. The luxury perks don’t seem to add up to the price tag
In my personal opinion, it just feels alot overpriced
There are several reasons why amex charges higher annual fee than other credit card-
1.) They comes with many premium benefits such as big initial bonus offers and generous ongoing rewards rates, as well as exclusive perks such as access to high-end airport lounges, airfare credits, and concierge services.
2.) It is Renowned for exceptional customer service, including 24/7 support, personalized concierge services, and comprehensive travel assistance.
3.) They have strong partnerships with many luxury brands.
4.) They have advanced security features, including fraud protection, account alerts, and secure online shopping tools.
In my opinion amex cards are worth the annual fees.