Archive · 18 Sep 2025
Amex Hikes Platinum Card Fee to $895, Adds New Perks
American Express is making some changes to its Platinum credit card.
They're raising the yearly fee to $895.
However, they're also adding new benefits to make the card more attractive.
Cardholders can get money back on dining at certain restaurants, purchases at Lululemon, and Oura rings.
They also get more credit for hotels and digital entertainment, plus money for an Uber One membership.
Existing perks will continue to exist after the overhaul.
American Express increased the annual fee for its Platinum card to $895.
The fee increase will go into effect at different times for business and consumer cards.
New benefits include credits for dining, Lululemon, Oura Rings, hotels and entertainment.
Existing benefits such as credits for Clear Plus, airline fees, Walmart, and Saks will remain.
The Platinum card will offer complimentary 'sterling status' at Leading Hotels of the World.
- Who
- American Express (Amex)
- What
- Increased the annual fee for the Platinum credit card and announced new benefits.
- When
- Announced September 18, 2024; fee increase effective December 2, 2025/January 2, 2026.
- Where
- N/A
- Why
- N/A
- Annual Fee Increase
- To $895
- Fee Effective Dates
- December 2, 2025 (Business), January 2, 2026 (Consumer)
- Dining Credit
- $400/year at Resy
- Lululemon Credit
- Up to $300
- Oura Ring Credit
- $200
- Fine Hotels & Resorts Credit
- Up to $600 annually
- Digital Entertainment Credit
- $25/month
- Uber One Credit
- $120/year
- Existing Benefits
- Credits for Clear Plus, airline fees, Walmart, Saks Fifth Avenue