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3h ago

AmEx Raises Platinum Card Fee to $895, Adds $3,500 in Annual Credits

Existing cardholders can use the expanded perks now, with the higher price appearing at renewal starting late 2025 for business accounts then early 2026 for consumer accounts.

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amex business platinum mirror design
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Overview

  • American Express says the refresh keeps all prior Platinum perks intact and introduces a limited‑edition mirror card design plus a revamped app to simplify enrollment and tracking.
  • New consumer credits include up to $600 for prepaid Fine Hotels + Resorts or The Hotel Collection stays, $400 at Resy restaurants, $300 at Lululemon, and a $300 digital entertainment allowance that adds Paramount+, YouTube Premium, and YouTube TV.
  • Many credits require enrollment and are delivered on quarterly or semiannual schedules, so cardholders must time purchases to capture the full value.
  • Existing Business Platinum members see the $895 fee at renewals on or after December 2, 2025, and existing consumer members on or after January 2, 2026, while all new benefits are active immediately.
  • Business Platinum gains new Dell and Adobe credits alongside a $600 hotel credit, reflecting a broader premium-card competition with recent updates from Chase and Citigroup.