This card is the most exclusive credit card in the market however it comes with a $699 annual fee which is one the highest for a Canadian credit cards. The Platinum Card® is perfect for those who are looking for a luxury credit card with outstanding benefits, rewards, insurances, and platinum experiences. The annual fee is high however a frequent traveler will enjoy every single benefit on this card.
Platinum Card's rewards earn rate:
25,000-point welcome bonus: New card holders are eligible to receive a welcome bonus of 25,000 membership reward points. In order to qualify for the welcome bonus, cardholders must spend $2,000 within three months after the card activation.
No credit limit: There is no preset credit limit with this credit card
Premium airport lounge access: Complimentary access to over 1,200 airport lounges across 130 countries.
Premium insurance: The Platinum Card® offers different types of insurance like below:
High annual fees: The Platinum Card has an annual fee of $699. Each additional card is $175.