The AmEx Platinum is available to active-duty servicemembers at no annual fee — but even with the fee, the credit card is a great value

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• The Platinum Card® from American Express offers a tremendous value to cardholders, despite its $550 annual fee.
• If you're an active-duty servicemember, AmEx will waive your annual fee if you request it. The benefit is available as part of the Servicemembers Civil Relief Act (SCRA).
• The easiest way to get the fee waived is to call the number on the back of your card and request it. The fee will be waived for 2019 and every year you remain on active duty.
• Keep in mind this only applies for active-duty servicemembers — reservists won't be able to get the fee waiver unless they're deployed.
• The card offers a number of shopping and travel benefits, including annual airline fee credits and monthly Uber credits. With the annual fee waived, this is basically free money, as long as you pay the card off in full and on time.
• Even if you have to pay the fee, the card can still be worth having. With the fee waived, though, the card is a no-brainer for US servicemen and women.

The Platinum Card from American Express has one of the highest annual fees of any consumer credit card — a staggering $550 each year, starting when your first billing statement hits. However, the card is easily worth that annual fee because you get more value than that back. For example, I got more than $2,000 of demonstrable value from the card my first year.See the rest of the story at Business Insider

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SEE ALSO: I got more than $2,000 worth of value from the American Express Platinum credit card in my first year — despite its $550 annual fee