Will Amex Platinum be refreshed in 2025?
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Yes, American Express announced a major refresh of the U.S. consumer and business Platinum cards in June 2025, with changes effective in late 2025 and early 2026.
What are the new changes to Amex Platinum 2025?
Beginning September 18, 2025, cardholders will enjoy new benefits, including: Dining and Resy credits. Platinum Card® holders can earn up to $100 in statement credits each quarter (up to $400 annually) when they use their card at U.S. Resy restaurants or for other eligible Resy purchases.
What is the forecast for Amex 2025?
What is the 2025 price prediction for American Express (AXP)? Financial analysts have set a price target of $332.58, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends.
How to get the 175k Amex Platinum offer?
AS HIGH AS 175,000
after you spend $8,000 in purchases on your new Card within the first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply, and if approved: Find out your offer amount.
How much is the Amex Platinum 2025 fee?
The new Amex Platinum Card annual fee is $895, up from $695 (see rates and fees). For current cardholders (those who opened cards before Sept. 18, 2025), the annual fee will increase at their next renewal date, on or after Jan. 2, 2026.
The NEW Amex Platinum Card - HUGE Update
Is 175k Amex Platinum worth it?
Is 175,000 Amex Points Worth the $895 Annual Fee? Short answer: Absolutely. The welcome bonus alone is worth 4X the annual fee.
Can I get the Amex Platinum fee waived?
If you're having difficulty paying your annual fee due to unforeseen financial difficulties, apply for the financial relief program online or call Amex at (866) 703-4169. You could potentially have your annual fee waived, or you might receive other assistance such as lower monthly payments or lower interest rates.
Is Amex Platinum a rich card?
The American Express Platinum Card® is for fairly rich people. A high income will help you afford this premium travel card's $895 annual fee.
How much are 200K Amex Platinum points worth?
While 200K Amex points will typically only give you about $2,000 in value when you shop for flights in the Amex travel portal, you can sometimes find Business or First Class flights — that can normally cost over $10,000 — for only 200K points, when transferred to a frequent flyer program.
What is the 2 in 90 rule for American Express?
2 in 90 Rule
You can only get approved for two credit cards every 90 days. This means that if you apply for a third card within the 90-day window, you'll automatically be rejected. These rules apply to credit cards only and not charge cards, so you can apply for as many charge cards as you like.
Why did Buffett buy Amex?
Buffett concluded that the trust, integrity, and customer satisfaction with the brand were worth more than the short-term (and severe) cost of the bailout. Buffett bet big. In 1964, he purchased 5% of the company's shares for $13 million, committing over 40% of his investment partnership's assets.
Why is Amex considered high end?
Reasons Amex Is a Prestigious Credit Card Brand
VIP benefits: Several Amex cards include access to concierge services. In addition, Amex routinely offers invitation-only events, tickets, shows, and more to eligible cardholders through the Amex Experiences program.
Is Amex Platinum fancy?
The Amex Platinum card has been around since 1984, and in the realm of fancy credit cards, it's one of the fanciest, along with the Chase Sapphire Reserve.
What's next after Amex Platinum?
The American Express Centurion Card, colloquially known as the Black Card, is an exclusive invitation-only charge card issued by American Express. It is reserved for the company's wealthiest clients who meet certain net worth, credit quality, and spending requirements on its gateway card, the Platinum Card.
Will Costco accept Amex in the future?
In fact, Amex was partnered with Costco until as recently as 2016. But due to the aforementioned high merchant fees, that partnership ended in favor of one with Visa. And Tremblay doesn't foresee the big-box retailer returning to Amex in the near or distant future.
Is 2 million Amex points a lot?
This means that 2 million Amex points are worth an astounding $44,000 for travel. There are numerous ways to redeem Amex Membership Rewards points, including using them for gift cards or statement credits, shopping with points, and booking travel through AmexTravel.com.
What will 300,000 Amex points get you?
When it comes to air miles, a balance of 300,000 points opens up a world of destinations, from the beaches of the Seychelles to the buzz of San Francisco. Transfer your points to Avios to enjoy two return business class flights to some of British Airways most coveted US destinations.
Why is Gen Z obsessed with Amex?
Millennials and Gen Z are driven by lifestyle choices more than any previous generation. AmEx's network of airport lounges, dining rewards, travel benefits and exclusive-event access aligns with a generation that prioritizes experiences over material things.
What is the credit card limit for $75000 salary?
The credit limit you can expect for a $75,000 salary across all your credit cards could be as much as $15000 to $22500, or even higher in some cases, according to our research. The exact amount depends heavily on multiple factors, like your credit score and how many credit lines you have open.
Why is Amex Platinum so hard to get?
It may be hard to get the Platinum Card® because you need a good to excellent credit score and a high income to be eligible for this card. Approval is never guaranteed, though. What Makes the Platinum Card® Hard to Get? You'll need a good credit score or better to have a shot at getting approved for the Platinum Card®.
Does cancelling Amex Platinum hurt credit?
Assuming your credit history is otherwise "clean", your score is unlikely to change by more than a couple dozen points by simply closing an account. Your credit use percentage will be affected, but your score will recover within a year or so even if it does change, provided you don't have debt on other cards.
What salary do you need for an Amex Platinum?
There isn't a published income requirement for the Amex Platinum Card.
Is Amex Platinum worth it for military?
Therefore, the American Express Platinum Card® costs $0 in annual fees for military members. This is true regardless of when the card was opened. Since American Express usually charges a hefty $895 annual fee, this can represent a huge savings.