Amex Platinum's $895 Fee Hike Sparks Enhanced Perks and Competitive Edge
TL;DR Summary
American Express has increased the annual fee for its Platinum Card to $895, adding new perks like credits at Resy, Lululemon, and Oura, which some cardholders find valuable enough to justify the cost. Unlike the controversy surrounding Chase Sapphire Reserve's fee hike, the Amex change has been met with mostly positive reactions from users who benefit from the new perks, though it remains a personal decision based on individual lifestyle and spending habits.
- Why Amex Platinum's annual fee increase went over so much better than the Chase Sapphire Reserve card's Business Insider
- The new annual fee for each of the U.S. Consumer and Business Platinum Cards is $895 American Express
- Amex’s Platinum overhaul intensifies the credit card perk wars Yahoo Finance
- Amex Revamps Its Platinum Card, Raises Fee to $895 The Wall Street Journal
- Amex Boosts Platinum Fee to $895, Adds Resy and Lululemon Perks Bloomberg.com
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