Amex CEO Gives Hints to Platinum Card Changes: What We Know

Amex CEO Gives Hints to Platinum Card Changes: What We Know

During its Q2 2025 earnings call, American Express shared some staggering numbers: record-breaking quarterly revenue of $17.9 billion and 1.5 million new U.S. cards issued. The financial giant isn’t hitting the brakes anytime soon. Major updates to 2 of its flagship U.S. products, The Platinum Card® from American Express and The Business Platinum Card® from American Express, are confirmed for later this year. Both premium cards are set to underg…

American Express CEO Reveals Plan To Raise Platinum Card Annual Fee (Rumor: $895) - Live and Let's Fly

In true American Express fashion, a higher annual fee is all but certain to arrive for the Platinum Card this autumn, along with more “benefits” to justify it. Not only do we have a rumored number ($895), but a defense from the AMEX CEO about the increased annual fee. American Express Platinum Refresh Rumor: $895 Annual Fee, More Coupon-Style Benefits Ahead In terms of the premium credit card market in the USA, issuers are opting for a “coupon b…

Amex CEO Admits: 'We Made Benefits Hard To Use On Purpose'—Now Reveals Plan For Even Higher Fees - View from the Wing

American Express still sees headroom to charge customers more, and make them feel o.k. with it by selling access to their cardmembers to adjacent brands in exchange for coupons and discounts. That strategy will work until they reach some theoretical limit - but they haven't found it yet. As long as they keep promising you a somewhat better experience in aspirational portions of your life like travel, you will keep paying and keep spending on the…