shhyfz wrote:Actually I didn't find any place on the app that lets me to enter my assets (I am in Canada).
Well, I don't travel a lot and don't even spend that much money every month(1K?) So i am not sure if the annual fee is worth it($699). I just feel that having the card might looks cool. Do you think there is an better card out there for me?
Actually, yes. Here's the problem. We all want something blingy in our pocket that makes us feel better about ourselves. The problem is that the price of admission is way too high in this case. With your assets, Amex may grant you Platinum. But if you read what benefits that you actually will enjoy and use with the card, I would bet that few of them will be worth the cost of the annual fee. In fact, I doubt it would even be close.
I have an Amex Platinum and the only reason I carry it is because I travel for a living and it gives me access to Delta's Sky Clubs. Otherwise I'd have a hard time justifying carrying it and would likely downgrade back to a Gold which I carried since I had my first job out of college.
Starting a credit relationship with American Express is a good long term idea. But at your stage in life, a Green card is probably a good place to start, or maybe a Gold if you see yourself benefiting from the rewards program in a significant way. You'll have a real job at some point, maybe after grad school. At that point you can re-evaluate your needs and mate them to the products they provide.
I have no doubt that at some point you would benefit from Amex Platinum. But right now it just doesn't sound like financial sense. After all, isn't there something else you'd rather spend $699 CD on right now?