Introduction
Recently, American Express announced some changes to their Platinum card benefits that have left many cardholders feeling excited. While changes to credit card perks can often be met with skepticism, there are several reasons why the new AmEx Platinum changes are actually something to look forward to.
Increased Annual Fee
One of the most notable changes to the AmEx Platinum card is the increase in the annual fee from $550 to $695. While this may seem like a negative at first glance, the new benefits that come with this increase actually make it worth the cost.
Additional Statement Credits
One of the most exciting updates to the AmEx Platinum card is the addition of new statement credits. Cardholders will now receive up to $300 in Equinox credits, $200 in Hotel Collection credits, and $200 in digital entertainment credits. These new credits can help offset the increased annual fee and provide even more value to cardholders.
Increased Lounge Access
Another benefit of the new AmEx Platinum changes is the increased lounge access. Cardholders will now have access to even more lounges around the world, including the Centurion Lounges, Priority Pass lounges, and Delta Sky Clubs. This can make traveling more comfortable and enjoyable for Platinum cardholders.
Expanded Travel Benefits
In addition to the increased lounge access, the new changes to the AmEx Platinum card also include expanded travel benefits. Cardholders will now receive $200 in annual Uber credits, up to $200 in annual airline fee credits, and a complimentary CLEAR membership. These perks can make traveling easier and more affordable for Platinum cardholders.
FAQ
– Will existing cardholders automatically receive these new benefits?
– How do the new statement credits work?
– Are there any restrictions on the increased lounge access?
– Can cardholders still earn Membership Rewards points with the new benefits?
In conclusion, the new changes to the AmEx Platinum card are actually something to be excited about. With increased statement credits, lounge access, and travel benefits, cardholders can enjoy even more value from their Platinum card.
