Starting September 18, 2025, the Platinum Card® from American Express will roll out several exciting updates, but with a significant cost increase. The annual fee will rise to $895, marking a $200 increase. Here’s everything you need to know about what’s changing, what’s staying the same, and how you can make the most of these new benefits.
What’s New for the Platinum Card® Holders?
If you’re applying for the card on or after September 18, the new fee will apply immediately. Current cardholders will see the increased fee at their next renewal date starting January 2, 2026. However, both new and existing cardholders will have access to the updated benefits beginning September 18.
Limited-Edition Mirror Card Design
In celebration of the updates, American Express is introducing a limited-edition mirror card design for new applicants. Existing cardholders can also request this special design. This isn’t the first time the card has undergone a transformation — back in 2022, artists Julie Mehretu and Kehinde Wiley designed two unique card designs that are still available today.
Brand-New Benefits
Let’s dive into the fresh perks coming your way.
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$120 Uber One Credit
Get up to $120 per year in statement credits when you enroll in an auto-renewing Uber One membership. Uber One perks include $0 delivery fees, ride discounts, and exclusive offers on car rentals. Normally, Uber One costs $9.99 per month. -
Hotel Status with Leading Hotels of the World
Enjoy Leaders Club Sterling Status with The Leading Hotels of the World (a collection of more than 400 independent hotels). This status comes with perks like room upgrades and daily breakfast for two. Enrollment required. -
$400 Resy Credit & Resy Platinum Nights
Get up to $100 per quarter in statement credits for eligible Resy purchases (dining at participating restaurants). Additionally, enjoy access to exclusive Platinum Nights at select restaurants in New York, Los Angeles, and Miami. Global Dining Access also unlocks exclusive reservations and experiences. -
$300 lululemon Credit
Receive up to $75 per quarter in statement credits when you make eligible lululemon purchases in the U.S. (both in-store and online). Enrollment required. -
$200 Oura Credit
Get up to $200 in statement credits each calendar year when purchasing an Oura Ring through ouraring.com. AmEx Platinum Hikes Fee to $895, Adds Hundreds in Credits. The Oura Ring tracks health and wellness metrics such as sleep, stress, and exercise.
Enhanced Current Benefits
American Express is also enhancing several existing benefits for Platinum Card holders:
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$600 Hotel Credit
You’ll now receive two semi-annual $300 credits for Fine Hotels + Resorts or The Hotel Collection bookings made through Amex Travel (up from a $200 annual credit previously). -
$300 Digital Entertainment Credit
Get $25 monthly credits toward select digital subscriptions, such as Disney+, ESPN+, Hulu, YouTube Premium, Paramount+, and more. This benefit now provides $300 annually, an increase from the previous $240 per year. Enrollment required.
What’s Staying the Same?
Despite the higher annual fee, many of the core benefits of the Platinum Card remain unchanged, offering excellent value for cardholders.
Welcome Offer
The welcome offer for new cardholders is unchanged. You may be eligible to earn up to 175,000 Membership Rewards® points after spending $8,000 on eligible purchases in the first 6 months. Terms apply, and eligibility varies, so check with American Express for your specific offer.
Ongoing Rewards
The Platinum Card continues to earn impressive Membership Rewards points:
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5 points per dollar on flights booked directly with airlines or through American Express (on up to $500,000annually).
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5 points per dollar on prepaid hotels booked through American Express.
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1 point per dollar on all other purchases.
Statement Credits
These valuable statement credits are also still part of the Platinum Card benefits:
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$200 Airline Fee Credit: Up to $200 annually for incidental fees with a qualifying airline.
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$200 Uber Cash: Get $15 in Uber Cash each month (and $35 in December) after adding your card to your Uber account.
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$209 CLEAR Plus® Credit: Use your card to pay for a CLEAR Plus® membership and get up to $209 in statement credits. CLEAR uses biometric information to speed up airport security at over 50 airports.
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$155 Walmart+ Credit: Up to $12.95 monthly statement credits for Walmart+ membership, which includes benefits like free shipping and access to Paramount+.
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$100 Saks Fifth Avenue Credit: Up to $50 in statement credits per half of the year (January-June and July-December) for purchases at Saks Fifth Avenue.
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$300 Equinox Credit: Get up to $300 for an Equinox gym membership or Equinox+ digital subscription.
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Airport Lounges: Access to American Express Centurion Lounges, Priority Pass, Plaza Premium, Escape Lounges, Delta Sky Club (with eligible Delta flights), and Lufthansa Lounges (when flying Lufthansa).
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TSA PreCheck or Global Entry Credit: Get up to $120 for Global Entry or $85 for TSA PreCheck application fees.
Hotel Benefits
Enjoy complimentary Hilton Honors™ Gold Status and Marriott Bonvoy Gold Elite Status, both of which come with added perks like room upgrades and late check-outs (enrollment required). Additionally, book eligible stays at Fine Hotels + Resorts or The Hotel Collection through Amex Travel and receive credits toward on-property purchases.
Final Thoughts: Is the Platinum Card® Still Worth It?
While the Platinum Card® from American Express comes with a higher annual fee, the new and enhanced benefits make it a powerful choice for frequent travelers, dining enthusiasts, and fitness buffs alike. The new perks, such as Uber One credits, Resy dining benefits, and lululemon credits, add more value to an already robust lineup of offerings.
For those who regularly take advantage of the card’s benefits, the $895 annual fee might well be justified. However, if you’re considering applying for the card, make sure to evaluate how the new benefits align with your spending habits to determine if it’s a good fit for your lifestyle. AmEx Platinum Hikes Fee to $895, Adds Hundreds in Credits
Disclaimer: Terms and conditions apply to all offers, and eligibility may vary. Always review the latest details from American Express before applying or making any decisions related to your Platinum Card® benefits.
