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The Platinum card from American Express is the epitome of a practical and elegant credit card. The only reason I could see why an individual may not like it is because of the 495 dollar annual fee. The fee is easily compensated with the perks regarding this card. For example, you get 25,000 rewards points for spending 2,000$ in the first 3 months. The amazon prime is also a plus, and I have also used many of the perks regarding Ticketmaster presale concerts as well. The platinum card is also practical when travelling, because of the non-existent fee. Their customer service is world class, and I have never had an issue, and by itself is almost worth the fee. I would recommend this card to anyone that wants something better from their credit card company.
This card is designed for individuals looking to increase their credit scores. The interest rate of 19 percent seems extremely high but for the nature of what this card is, I understand why. This, simply put, is just a typical secured credit card as you set the spending limits of how much you can deposit, and in return spend. The annual fee of 25 dollars is quite reasonable, and I think the card, overall, is a good way for individuals to build credit. I have had great personal experiences with Wells Fargo throughout my banking endeavors, so to most I would recommend this card and their service.
The matrix credit card is the premiere option for individuals with low credit to use.However, the fees regarding this card seem exponentially high. For your first year you are spending 75 dollars as an annual fee, then after the first year, you are required to pay an additional monthly fee. The interest rates are also very high with the card, I would not recommend this card to anyone looking to rack up large transactions. I would also be quite weary of the purchase rate of almost 30 percent, that is higher than almost any card I have ever seen. The only purpose of this card should be to rebuild credit. Otherwise look for another card.
I guess the GM-Card seems like a good idea if you are in the market to buy an American car. The perks are that the card has no annual fee, and it gains rewards that can be redeemed for a GM car. I think the issue arises in it's longevity, and practicality. For example, it doesn't state how many rewards dollars need to be spent for a card holder to receive a vehicle. Also, what does a card holder do after they receive a vehicle, do they keep using the card, Probably not as who needs 2 cars. Overall, it has a low APR and the point system seems logical,