The Air Miles Platinum credit card by American Express is a rewards card with the popular Air Miles program with a low annual fee, low balance transfer rates and good insurance benefits. With this credit card, earn 1 Air Mile for every $15 dollars spent. Earn 1 Air Mile per $10 spent when purchased at an Air Mile sponsor. Air Miles can be redeemed for travel, merchandise and gift certificates. Take advantage of an low introductory interest rate of 2.99% on purchases for the first 12 months, after which a standard interest rate of 19.99% applies for purchases and balance transfers. This card has an annual fee of $65 which is waived for the first year of membership.
Insurance benefits include extended warranty doubling the manufacturers warranty, travel accident insurance and car rental insurance. Optional balance protection can be added at $0.79 per $100 of outstanding balance for those under 70 years of age with a maximum benefit of $10,000.