AMEX Platinum Card Gets MASSIVE Update: $895 Fee + $3,500 Benefits Worth It?

American Express Platinum card just announced major changes effective September 18, 2025! The annual fee jumps to $895 (up from $695), but you now get $3,500 in annual benefits - more than double the previous amount.

In this video, we break down:
• New $895 annual fee vs old $695 fee
• Complete breakdown of $3,500 in new benefits
• Credits for Uber, Lululemon, Oura, and Resy
• Enhanced hotel and streaming perks
• $600 Fine Hotels + Resorts credit
• Business card updates with Dell and Adobe credits
• How this compares to Chase Sapphire Reserve
• Whether the premium credit card arms race benefits consumers
• Tips to maximize your new benefits

The luxury credit card competition is heating up as Amex, Chase, and Citi battle for high-spending customers. With wealthy Americans driving record spending levels, these premium cards are getting more expensive but also more rewarding.

Is the new Platinum card worth the higher annual fee? Should existing cardholders keep or cancel? We analyze the math and help you decide if this premium credit card refresh makes sense for your spending habits.

Timestamps:
00:00 Amex Platinum Fee Increase Announced
02:15 New Benefits Breakdown
04:30 Hotel Credit Changes
06:45 vs Chase Sapphire Reserve
08:20 Should You Keep or Cancel?
10:15 Maximizing New Benefits

Видео AMEX Platinum Card Gets MASSIVE Update: $895 Fee + $3,500 Benefits Worth It? канала TrendTrove