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American Express Platinum Card gets pricier and adds new perks, including a $400 dining credit
American Express claims the Platinum Card's $895 fee offers $3,500 in annual benefits, including increased hotel credits and new perks at popular retailers and services.
- American Express unveiled an updated Platinum Card on September 18, 2025, raising the annual fee to $895 and adding new perks including a $400 dining credit.
- The update reflects rising restaurant spending and intense competition from Chase and Citigroup, which released premium cards with similar dining and event credits in recent months.
- The refreshed card offers roughly $3,500 in annual benefits, including $600 hotel credit, $400 Resy dining credit redeemable at 10,000 restaurants, and credits for Lululemon, Uber One, streaming, and health tracking.
- AmEx executives emphasize ease of benefit use and value, with Grosfield stating they want to make benefits clearly accessible and Squeri asserting the card offers the richest rewards available today.
- The upgrade aims to attract affluent, free-spending younger generations who now account for 35% of AmEx's U.S. consumer spending, while some users consider downgrades due to higher fees.
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American Express Platinum Card gets pricier and adds new perks, including a $400 dining credit
American Express’ latest update to its high-end Platinum Card, unveiled Thursday, comes with a lot more perks and a lofty annual fee of $895.
·United States
Read Full ArticleAmerican Express's CEO unveils a big upgrade to its $895 Platinum Card—and explains how he's targeting Gen Z and Millennials
Steve Squeri is super-pumped on the new Amex Platinum Card “refresh.” On this afternoon in early September, the American Express CEO is giving Fortune an exclusive preview of the new and enhanced benefits in store for its Platinum cardholders in the highly anticipated, forthcoming update, the first in four years, that they’ll unveil the morning of September 18. Seated in his glass framed office overlooking the Hudson River in Lower Manhattan, sp…
·New York, United States
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Total News Sources27
Leaning Left7Leaning Right1Center17Last UpdatedBias Distribution68% Center
Bias Distribution
- 68% of the sources are Center
68% Center
L 28%
C 68%
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