American Express Makes Major Change To Platinum Card
Summary
American Express is increasing the annual fee for its Platinum card to $895. The card now offers more benefits, which include travel, dining, and technology credits worth $3,500 a year. The fee change starts on January 2, 2026.Key Facts
- American Express is raising the Platinum card's annual fee to $895 from $695.
- New benefits are valued at approximately $3,500 annually.
- Perks include $400 in dining credits at specific restaurants and $300 for Lululemon purchases.
- The changes begin for existing cardholders on January 2, 2026.
- American Express plans to expand its global lounge network with new locations.
- New features also involve additional hotel benefits and lifestyle partnerships.
- The company aims to enhance app functionality for easier benefit use.
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