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American Express To Make Changes To Personal & Business Platinum Cards Later This Year

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Saleen099
Senior Contributor

American Express To Make Changes To Personal & Business Platinum Cards Later This Year

In a move designed to take attention away from the Chase Sapphire Reserve changes and new Chase Sapphire Reserve business card American Express has announced that it too will be making changes to the American Express personal and business Platinum cards. Unfortunately American Express has given no details on what these changes are outside of the fact that they will be coming in the fall. I suspect that this is because American Express hasn’t actually planned changes as of yet and this is purely in response to the Chase changes.


https://www.doctorofcredit.com/american-express-to-make-changes-to-personal-business-platinum-cards-...

 

Message 1 of 37
36 REPLIES 36
Saleen099
Senior Contributor

Re: American Express To Make Changes To Personal & Business Platinum Cards Later This Year

Message 2 of 37
Dcowboy08
Regular Contributor

Re: American Express To Make Changes To Personal & Business Platinum Cards Later This Year

As a holder of the Plat Bus card, I wonder what the perks will be. Paying close to a grand, they better be worth it.

Message 3 of 37
USMCOne
Contributor

Re: American Express To Make Changes To Personal & Business Platinum Cards Later This Year

Be some good some bad just how it goes. I think to they probably will realign the product to also take into account the massive number of young people who are now signing up using this product and paying the bills which will undoubtly anger some users but how it goes. 

Message 4 of 37
swankytiger
Frequent Contributor

Re: American Express To Make Changes To Personal & Business Platinum Cards Later This Year

so will it be an AF of $995 or do we go full 4 digits?

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Message 5 of 37
USMCOne
Contributor

Re: American Express To Make Changes To Personal & Business Platinum Cards Later This Year

4 digits lol...sush. Thats a pyschological barrier they dare not cross. I think well see $999.99 before then. 

Message 6 of 37
swankytiger
Frequent Contributor

Re: American Express To Make Changes To Personal & Business Platinum Cards Later This Year

Part of this is likely from how hard it is to get into AMEX lounges and how crowded they are. There is one solution that will help but they likely wont do it for the optics.  The military not having to pay the annual fee.

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Message 7 of 37
creditrizz
Frequent Contributor

Re: American Express To Make Changes To Personal & Business Platinum Cards Later This Year

I have a feeling the overall deal will get a bit less appealing rather than more appealing, but will standby. Maybe if the fee gets high enough they'll start serving white meat chicken in the amex lounge.




Equifax:822, TransUnion:825, Experian: 820
Message 8 of 37
Zoostation1
Valued Contributor

Re: American Express To Make Changes To Personal & Business Platinum Cards Later This Year

I'm betting on the AF going up $100-$150 on the personal, but with additional credits that will have a niche use (more in the lifestyle vein than an actual travel card).

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Message 9 of 37
Gregory1776
Valued Contributor

Re: American Express To Make Changes To Personal & Business Platinum Cards Later This Year

As part of the "entertainment" credit, zoomers and millennials are not ever subscribing to NYT or whatever other ... rag they offer, they should IMO make it easier to earn the credit with something we'd actually organically use.
For me, YouTube subscription (I cannot do ads), Substack, Twitter, or twitch / Discord would be a big fat yay from anyone in their 20s. Throw in an AI subscription. 🫶

IDK nobody is going to care for my opinion lol



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