Reported about 2 hours ago
American Express has announced significant upgrades to its U.S. Platinum cards, including new benefits valued at over $3,500 annually while increasing the annual fee from $695 to $895. This strategy aims to leverage the affluence of its clientele and maintain competitiveness in the premium credit card market. The enhancements include dining credits, purchases at lululemon, Uber One memberships, and expanded hotel perks, catering particularly to younger cardholders who view fees as a valuable investment in experiences.
Source: YAHOO