American Express Platinum Card Gets Pricier and Adds New Perks, Including a $400 Dining Credit
- 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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Amex Bets Big On Premium Segment, Unveils $3,500 Perks For Platinum Cards While Raising Annual Fee - Adobe (NASDAQ:ADBE), American Express (NYSE:AXP)
American Express Co (NYSE:AXP) has announced significant upgrades to its U.S. Platinum cards, adding new perks worth over $3,500 annually while increasing the annual fee by $200. Amex Revamps Platinum Perks, Raises Annual Fee to $895 The updated perks will feature credits for dining via Resy, shopping at Lululemon (NYSE:LULU), and Uber One memberships, along with enhanced hotel and entertainment benefits, reported Reuters. Platinum Business card…
American Express Enhances Platinum Card; Fee Rises to $895
American Express revealed on Sept. 18 new enhancements for both consumer and business Platinum cardholders, providing access to more than $3,500 in annual value. Meanwhile, the annual fee for the special Silver card increased by $200, rising from $695 to $895. For consumer Platinum card members, this includes new credits on eligible purchases with Resy, Lululemon, Uber, One Membership, and perks with existing hotel and digital entertainment cred…
Platinum Is Now the Priciest Luxury Card
American Express is hiking the annual fee on its flagship Platinum Card, raising it from $695 to $895—a 29% increase that puts it atop the list of priciest premium cards on the US market. The change introduced Thursday comes with a revamped rewards package Amex says now exceeds $3,...
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