Cards like the Amex Platinum and Chase Sapphire Reserve offer annual credits for travel that can offset their high annual fees. Here’s what you need to know.

• Premium cards like the Chase Sapphire Reserve and the Platinum Card® from American Express generally charge high annual fees, but they offer lots of benefits in exchange.
• One such benefit is an annual travel credit: essentially a statement credit that reimburses you for travel purchases up to a certain dollar amount each year.
• For example, the Chase Sapphire Reserve offers up to $300 in annual travel credits, and this credit is automatically applied to any travel purchases — from airfare to parking to highways tolls — that you make with the card.

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Source : BusinessInsider.Com