American Express has just announced some major changes to one of the best travel cards in the industry, the AMEX Platinum Card. The Platinum Card is widely regarded as one of the best travel cards out there due to the numerous benefits, which include worldwide airport lounge access, a $200 USD airline incidental-fee credit, 5x points-per-dollar spent on airfare, $100 USD fee credit for Global Entry or TSA PreCheck, and much more.
The new additions to the American Express Platinum card go into effect as of 30 March 2017. They include:
- $200 USD Uber Credit
- $15 USD per month (January – November)
- $35 USD in December
- 5x Membership Rewards points earned per-dollar-spent on hotels
- booked through AMEX Travel
- New metal design
- card number and expiration date will be located on the back
- larger “Member Since” logo
All of these changes come at a new price – the current annual fee for the AMEX Platinum Card is $450 USD and that fee will be raised to $550 USD when these new changes go into effect on 30 March 2017. Meaning that if you want a new Platinum Card at the old annual fee, the time to apply is now because you will be charged the $450 USD fee and still receive the new benefits starting at the end of this month.
The changes apply to ALL versions of the American Express Platinum Card, including the Ameriprise and Mercedes-Benz versions. However, these changes only apply to the personal version of the card and not the Business Platinum Card. These changes are part of a set of new changes AMEX promised – late last year, American Express added 5x points-per-dollar spent on airfare to the Platinum Card, which is a huge benefit since it is a travel card, after all.
Perhaps for me personally, the biggest benefit of the AMEX Platinum Card is access to the wonderful and stunning American Express Centurion Lounges, which offer a premium selection of food items, complimentary premium alcohol, a comfortable space to work and relax, fast and free WiFi, etc.
Here are my reviews of some AMEX Centurion Lounges:
There are also Centurion Lounges located in Miami and Houston. New Centurion Lounges are set to open in Hong Kong and Philadelphia later this year.
All in all, these are incredible improvements to the American Express Platinum Card. The new $200 USD Uber credit easily offsets the $100 USD increase in the annual fee. The 5x points earned on hotels is an added plus. The redesign of the card is awesome and will give the card a more premium feel, it is a premium travel card after all!
I’m excited for the changes and as always, I remain loyal to American Express since they issue some of the best travel cards out there and their Membership Rewards points are incredibly valuable when transferred to airlines.