Is the TAP Miles&Go American Express® Credit Card Worth the $79 Annual Fee?
Likely yes. On a typical budget the TAP Miles&Go American Express® Credit Card earns about $299 a year in rewards, which already clears the $79 fee with $220 to spare, before counting any perks. Heavier spenders come out further ahead.
Credits and benefits
The TAP Miles&Go American Express® Credit Card does not lean on statement credits to justify its $79 fee, so the case for it rests on rewards, the welcome bonus, and any perks like transfer partners or travel protections. That makes the math simpler: the rewards have to clear the fee.
What you earn on spending
Credits are only half the story; the card also earns rewards every time you swipe. On $29,160 of annual spending, the TAP Miles&Go American Express® Credit Card earns about $299 a year at a flat 1 cent per point. The figure below is based on a typical household budget. See the full category breakdown in our TAP Miles&Go American Express® Credit Card review, or run your own numbers in the rewards calculator.
The break-even
Add it up. The TAP Miles&Go American Express® Credit Card costs $79 a year. It leans on rewards, and everyday rewards add about $299. That is a net of $220 in your favor every year you hold it, before any welcome bonus. First-year holders also collect a welcome bonus worth about $400, pushing the first-year total to roughly $620.
Frequently asked questions
- Is the TAP Miles&Go American Express® Credit Card worth the annual fee?
- Likely yes. On a typical budget the TAP Miles&Go American Express® Credit Card earns about $299 a year in rewards, which already clears the $79 fee with $220 to spare, before counting any perks. Heavier spenders come out further ahead.
- How do you offset the TAP Miles&Go American Express® Credit Card annual fee?
- Through rewards and the welcome bonus. On a typical budget the card earns about $299 a year, clearing the fee on its own.
- Is there a no-annual-fee alternative to the TAP Miles&Go American Express® Credit Card?
- Yes. If you cannot clear the $79 fee, a no-fee card keeps every dollar of rewards as profit. See our ranked no-fee picks to compare.
