Once debit cards came out charge cards lost a lot of their appeal. Charge cards also tend to have a higher yearly fee (an Amex Platinum is $550 a year) because

Once debit cards came out charge cards lost a lot of their appeal. Charge cards also tend to have a higher yearly fee (an Amex Platinum is $550 a year) because they aren't making money off of interest (although it should be noted they are making money off of the merchants who accept them).