All articles tagged with #amex platinum
The author is reconsidering keeping the Amex Platinum card after its annual fee increased from $695 to $895, questioning whether the benefits justify the higher cost, especially given the need to adapt spending habits to maximize rewards. Despite added perks, the value of the card depends on individual usage and lifestyle, with some finding it worth the cost and others feeling the expense is excessive.
The article compares the Chase Sapphire Reserve and American Express Platinum cards, highlighting their increased annual fees, extensive credits, travel perks, and points earning and redemption strategies. It suggests that the best card depends on individual travel habits and how well one can utilize the offered benefits to offset the high costs, with the author favoring the Chase Sapphire Reserve for its practical benefits and earning potential.
The article compares the coupon book credits offered by Amex Platinum and Chase Sapphire Reserve credit cards, providing insights into their benefits and differences.
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.
American Express has announced a major refresh for the Amex Platinum card in 2025, introducing new and enhanced benefits to attract and retain premium cardholders.
The article discusses rising fees for premium credit cards like Amex Platinum, the potential increase in IPOs following a Federal Reserve rate cut, and Nvidia's $5 billion stock purchase of Intel, which has boosted Intel's shares and investor confidence.
American Express has revamped its Platinum Card, adding numerous new perks across travel, dining, wellness, and entertainment, while increasing the annual fee to a record $895. Existing cardholders will see the higher fee after their next renewal, but new applicants pay immediately. The updates include expanded hotel credits, dining and wellness credits, exclusive reservations, and a new card design, emphasizing the card as a lifestyle membership rather than just a travel card. Despite the fee hike, the card's benefits aim to create a comprehensive ecosystem to retain affluent customers amid rising competition in the premium credit card market.
American Express announced significant updates to its Platinum and Business Platinum cards, with the potential for the annual fee to increase towards or beyond the $1,000 mark, reflecting a trend of rising fees for premium credit cards amid economic uncertainties and upcoming competitor changes.