Amex Platinum’s $895 Shake-Up: Luxe Perks Galore – But Is It Still King of Premium Cards in 2025?
American Express will raise the Platinum Card’s annual fee from $695 to $895 for new applicants starting September 2025, with existing cardholders seeing the increase after January 2026. The update adds a $400 Resy dining credit and $300 in Lululemon credits. Amex claims over $3,500 in annual value if perks are maximized, but many benefits require activation and the card’s everyday rewards remain limited.