Apple created some buzz when it said that cardholders won’t be subject to annual fees, international usage fees, over-limit charges, and even late fees.
American Express Platinum, on the other hand, is quite different. Cardholders are charged a $550 annual fee for having the card and up to $38 for both late payments and returned payments. And if cardholders want to add cards to their account for family members, American Express charges $175. There’s no charge for foreign transactions.
Read More.. Source Fortune