Over the last one week, we’ve been covering the upcoming ‘refresh’ to the Chase Sapphire Reserve. Now, it seems like American Express is also planning on another refresh to their lineup of Platinum cards. The Amex Platinum card and the Business Platinum card are now set to undergo a refresh soon.
Amex Platinum Card refresh on the horizon
Amex spells out the details of the upcoming changes in this release on their website.
NEW YORK – June 16, 2025: American Express (NYSE: AXP) is announcing today major updates coming to its U.S. Consumer and Business Platinum Cards® later this year. With these updates, the company is making its largest investment ever in a Card refresh.
“More than forty years ago, we introduced the Platinum Card, and we continue to offer Platinum Cards with global servicing, unique benefits and experiences that our Card Members love,” said Howard Grosfield, Group President, U.S. Consumer Services. “Platinum Card benefits and services resonate across generations, particularly with Millennial and Gen Z who accounted for 35% of total U.S. Consumer spending last quarter. We’re going to take these Cards to a new level, not only in what they offer in travel, dining and lifestyle benefits, but also in how they look and feel, to meet the evolving needs of our customers.”
If you look closely at the release, it looks like both consumer and business versions will see more of dining, travel and lifestyle credits.
A pioneer of the premium business card experience, American Express also plans to update the Business Platinum Card to offer Card Members more benefits they can use to help their companies grow. Business Platinum Card Members enjoy a flexible spending limit that adapts based on purchase, payment and credit history, business and travel benefits, rich rewards on business expenses, virtual cards and access to cashflow management tools. Business Platinum Card Members can also access the dining, lounge and hotel benefits.
In addition, American Express offers access to unique experiences across the U.S. and around the globe, from motor sports and tennis to music festivals and sporting events, all with the powerful backing of award-winning global servicing and digital capabilities. American Express partners with leading brands on the Platinum Card and plans to announce more as part of the Card refresh.
The Pundit’s Mantra
If I were a betting man, I’d bet on the fact that we’ll see higher annual fees in addition to more coupon like credits. I’d love to be proven wrong but I’m not counting on it.
I currently have the Amex Platinum Card (Charles Schwab version). I’ll wait and see once the changes are confirmed and decide whether I’d want to keep the card for another year. In my case, my annual fee won’t be billed until Jan 2026.
Do you plan to keep the Amex Platinum card or the Business Platinum card once the changes kick in? Tell us in the comments section
___________________________________________________________________________________________________________________
New Credit Card Offers
Co Branded Hilton Honors Cards
- Earn 100,000 bonus points and a $100 statement credit with the Hilton Honors American Express card
- No fee for the first year, earn 130,000 bonus points with the Hilton Honors American Express Surpass card
- Earn 175,000 bonus points with the Hilton Aspire card, in addition to 1 free night certificate each year
- Earn 175,000 bonus points with the Hilton Business Card
Co-branded Delta SkyMiles cards
- No annual fee for the first year, earn 80,000 bonus miles with the Delta SkyMiles Gold American Express Card
- Earn 90,000 bonus miles with the Delta SkyMiles Platinum American Express Card
- Earn 100,000 bonus miles with the Delta SkyMiles Reserve American Express Card
- No fee for the first year, earn 90,000 bonus miles with the Delta SkyMiles Gold Business American Express Card
- Earn 100,000 bonus miles with the Delta SkyMiles Platinum Business American Express Card
- Earn 110,000 bonus miles with the Delta SkyMiles Reserve Business American Express Card
Marriott Credit Cards
- Earn 5 free nights with the Marriott Bonvoy Boundless card by Chase
- Earn 60,000 points and 1 free night with the Marriott Bonvoy Bold Card by Chase
___________________________________________________________________________________________________________________
Never miss out on the deals, news and travel industry trends. Like us on Facebook, follow us on Instagram and Twitter to keep getting the latest content!
To be honest, the best perks for me with the personal plat are the lounge access, hotel and rental car status. I just found out that my company has a deal that grants executive status with one of the car rental companies. I’ll likely cancel the card if the annual fee rises and opt for the gold card instead. I can get a Marriott card to keep my status and still pay less in annual fees with the Amex gold, Marriott card and my Blue cash preferred card. I’ll miss the lounge but it’s not a guarantee to get in before my flight. I’ve often been the victim of long lines and crowded lounges before.
To be honest, the best perks for me with the personal plat are the lounge access, hotel and rental car status. I just found out that my company has a deal that grants executive status with one of the car rental companies. I’ll likely cancel the card if the annual fee rises and opt for the gold card instead. I can get a Marriott card to keep my status and still pay less in annual fees with the Amex gold, Marriott card and my Blue cash preferred card. I’ll miss the lounge but it’s not a guarantee to get in before my flight. I’ve often been the victim of long lines and crowded lounges before.
I’ve been pretty much on the fence for a few years with the personal Plat. I see use out of my Gold card, but not the Plat as much.
I feel like I might get more value out of the Green card, but sine I’ve had the two higher cards, I don’t think I qualify for the SUB so I’m really not sure what to do at this point.
Looking strongly at getting rid of my AMEX Biz Plat when it is up for renewal in November.
CONS for keeping card:
– Centurion lounges getting more crowded, long lines, decline in food quality (and I only use them a few times a year anyway)
– Dell credit cut from $400/yr to $150
– price continues to go up
– Very few real deals when booking through AMEX travel, and significantly fewer flight options showing up on a search there (yes the 35% rebate on points used good if the flight is a good deal, but even with a 35% rebate most of the flights still more expensive than when booked with points through the airline or just for cash)
PROS for keeping card:
– the one time i needed cel phone damage coverage it was smooth as heck. but in MANY years of owning phones I’ve only used this once. Perhaps just buying a new phone would be cheaper than many years of annual membership