American Express updates Business Platinum card
Digest more
Talk about sticker shock: Your premium-rewards credit card might soon carry a $1,000 annual fee. At least that’s what some card and rewards experts are saying, particularly with the news that American Express AXP is planning to revamp its Amex Platinum card, which already carries a $695 fee.
The annual fee for the Sapphire card will jump 45% to $795. Amex did not say if there would be a fee increase.
JPMorgan Chase teased fans of its Sapphire Reserve premium credit card that a new 2025 version will be out this summer prompting competitors to react.
Get rewarded for your grocery runs with up to $360 a year in cash back, plus a welcome bonus, with this American Express card.
American Express is offering limited-time welcome bonuses of up to 175,000 Hilton Honors points on three Hilton co-branded credit cards. Learn which card is best for your travel style and how to qualify before the Aug.
American Express is powering a new Coinbase-branded credit card product, a rare foray by a large card network into crypto rewards. It brings Amex's crypto ambitions out of dormancy and marks a turning point toward stronger acceptance of digital assets into credit.
Cardholders between their 20s and 40s make up 75% of Amex's new accounts acquired on its two premium cards, Platinum and Gold.
Sturdy payment card mainstay American Express's (NYSE: AXP) stock was looking a bit rickety on the last trading day of the week. The company's shares lost more than 3% of their value on Friday following a report in a top financial newspaper regarding the potential defection of an important customer base.