Do all American Express (Amex) cards have an annual fee?

10 Mar 2023

No, not all American Express cards have an annual fee. However, many of their premium cards, such as the Platinum Card® from American Express, do have annual fees.

The fee varies from card to card and can range from $0 to several hundred dollars per year. Cards with more benefits and rewards typically have higher annual fees than cards with fewer perks.

Annual fees are one way that credit card issuers make money from their customers. In exchange for paying the annual fee, cardholders may receive benefits, such as rewards points, cashback, travel perks, and other exclusive benefits.

For example, the American Express Blue Cash Everyday Card and the American Express Green Card do not have an annual fee, while the American Express Platinum Card and the American Express Gold Card require one.

It's important to note that while some cards may not have an annual fee, they may still have other fees, such as foreign transaction fees or late payment fees. Before applying for an American Express card, read the terms and conditions carefully to understand all the fees and costs associated with the card.

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