Major Amex Platinum Card Changes Unveiled: $895 Fee, Big New Credits

Major Amex Platinum Card Changes Unveiled: $895 Fee, Big New Credits

176
In the interest of full disclosure, OMAAT earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers (terms apply) that we have found for each product or service. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, hotel chain, or product manufacturer/service provider, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out our advertiser policy for further details about our partners, and thanks for your support!

Link: Learn more about The Platinum Card® from American Express

We’ve known that American Express was planning its largest overhaul ever of The Platinum Card® from American Express (review). Along those lines, the changes are live as of today, and they’re roughly what you’d expect… or perhaps maybe even a bit better than expected. In this post, I’d like to take a look at the changes to the personal version of the card, and in a separate post, I’ve covered the changes to The Business Platinum Card® from American Express (review).

The card’s annual fee has increased, but several valuable new perks have been introduced as well, and I think the card’s value proposition might just be better than before, which is a pleasant surprise. Let’s take a look at all the details.

Details of the Amex Platinum Card changes

The Amex Platinum Card is undergoing major changes. For new cardmembers, all these changes (including the higher annual fee and new perks) kick in effective immediately. Meanwhile for existing cardmembers, the new perks kick in effective immediately, while the higher annual fee only applies for the first renewal on January 2, 2026, or later.

I’ll cover the changes below, though let me note that most of the existing perks stick around, so a lot of the changes are just incremental improvements. So there are no changes to the lounge access perks, existing benefits and credits (Equinox, Saks, airline fee, etc.), rewards structure, etc.

Annual fee increases from $695 to $895

Let’s start with the bad news first. The Amex Platinum Card’s annual fee has increased by $200, from $695 to $895 (there’s no change to the authorized user fee). This is a new high among card annual fees, but is hardly surprising, given the annual fee inflation we’ve seen over the years. Obviously that’s a significant increase, though on the plus side, some valuable new perks have been added as well.

Hotel credit increases from $200 to $600

With the refresh, the Amex Platinum Card now offers up to $600 in hotel credits annually. This is a semi-annual credit, so you receive up to a $300 credit in January through June, and up to a $300 credit in July through December.

This credit is valid for prepaid Amex Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel®. For The Hotel Collection, stays must be at least two nights, while a single night stay is valid with Fine Hotels + Resorts®.

This is pretty awesome, since you could basically book a $300 hotel stay every six months, and maximize the credit that way.

The Amex Platinum now offers a $600 hotel credit

Digital entertainment credit increases from $240 to $300

With the refresh, the Amex Platinum Card now offers up to $300 in digital entertainment credits annually. This is a monthly credit of up to $25, valid on select digital subscriptions, and enrollment is required. As a point of comparison, previously the credit was up to $20 per month, so this is an increase of $5 per month.

This credit is valid with Disney+, a Disney+ bundle, ESPN+, Hulu, The New York Times, Paramount+, Peacock, The Wall Street Journal, YouTube Premium, and YouTube TV. Most notable is that YouTube now qualifies, which wasn’t previously the case.

The Amex Platinum now offers a $300 entertainment credit

New $400 Resy dining credit added

With the refresh, the Amex Platinum Card now offers up to $400 in Resy credits annually. The way this works, you can get up to $100 in statement credits each quarter when you use your card to make eligible purchases with Resy, including dining purchases at over 10,000 U.S. Resy restaurants, and ennrollment is required.

If you dine out with any frequency, this has the potential to be quite valuable. Admittedly the downside is that the card doesn’t otherwise have a great value proposition for dining spending, as it’s not a bonused category.

The Amex Platinum now offers a $400 Resy credit

New $300 Lululemon shopping credit added

With the refresh, the Amex Platinum Card now offers up to $300 in Lululemon credits annually. The way this works, you can get up to $75 in statement credits each quarter when you use your card to make eligible purchases with Lululemon in the U.S., and enrollment is required.

The Amex Platinum now offers a $300 Lululemon credit

New $200 Oura Ring credit added

With the refresh, the Amex Platinum Card now offers up to $200 in Oura Ring credits annually. This is valid if you use your card to purchase an Oura Ring through ouraring.com, and enrollment is required.

The Amex Platinum now offers a $200 Oura Ring credit

New $120 Uber One credit added

With the refresh, the Amex Platinum Card now offers up to $120 in statement credits each calendar year after purchasing an auto-renewing Uber One membership with the card. This is separate from the card’s $200 annual Uber Cash benefit, which continues to be available.

The Amex Platinum now offers a $120 Uber One credit

New Leaders Club Sterling status from LHW added

The Amex Platinum Card already offers Hilton Gold and Marriott Gold status (enrollment required), and now we can add another hotel elite tier to the mix. With the refresh, the Amex Platinum Card now offers Leaders Club Sterling status from Leading Hotels of the World, with enrollment being required.

This status ordinarily requires $5,000 of spending at these hotels per year, and offers things like five pre-arrival upgrades per year.

The Amex Platinum now offers Leaders Club Sterling status

My take on these Amex Platinum Card changes

Of course I don’t like to see card annual fees go even higher, since we’ve seen a huge amount of inflation in that regard. That being said, for those of us into maximizing value, I think these changes are surprisingly positive.

Most crucially, for the $200 annual fee increase, we’re getting $400 in annual Resy credits, plus an incremental $400 in hotel credits. Previously you received one $200 hotel credit every year, and now you get two $300 hotel credits every year. I think many of us will come out way ahead with these changes, and that’s great.

And that says nothing of the Lululemon credit, Oura Ring credit, Uber One credit, increased digital entertainment credit, etc.

The major downside here is the continued issue of credit card fatigue, as I call it. For those of us looking to maximize value, there’s just so much to keep track of in terms of things to do monthly, quarterly, semi-annually, etc.

The ability to get outsized value is definitely there. The question is just how exhausting it is to actually do all of that. But I do think these are some of the more positive changes that we’ve seen to a premium card in quite some time. Obviously Amex’s hope with these changes is that cardmembers will increasingly use their cards for dining and travel spending, and the credits are intended to incentivize that.

My one major frustration with this card is its value proposition, and the lack of bonus categories. It’s quite a contrast to other premium cards, which offer bonus points in some popular spending categories. Obviously Amex’s hope is that the strong perks and credits will get people to keep their card front of wallet, even if the card isn’t that rewarding for spending.

Bottom line

The Amex Platinum Card has just undergone a major revamp. The card’s annual fee has been increased by $200, to $895 per year. That being said, we’ve seen a substantial number of new perks added, including an increased hotel credit and digital entertainment credit, new credits for Lululemon, Oura Ring, and Uber One, and more.

I think there’s definitely the potential to get outsized value with these changes, and on balance, I’d consider them to be positive. At a minimum, the new Resy credit seems really easy to maximize. It’s all just a function of whether you’re willing to put in the effort to take advantage of all these perks.

What do you make of this Amex Platinum Card revamp?

Conversations (176)
The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.
Type your response here.

If you'd like to participate in the discussion, please adhere to our commenting guidelines. Anyone can comment, and your email address will not be published. Register to save your unique username and earn special OMAAT reputation perks!

  1. RajivM Guest

    On the Amex website, there is a glitch. Fine Hotels & Resorts or Hotel Collection does not show up. Any search for ANY location and date selection returns ALL hotels. If you select only Fine Hotels or Hotel Collection choices, there is a message saying NO hotels are available. I phoned Amex and they said this was affecting all cardholders. This is getting quite frustrating as I would like to make a booking. What is...

    On the Amex website, there is a glitch. Fine Hotels & Resorts or Hotel Collection does not show up. Any search for ANY location and date selection returns ALL hotels. If you select only Fine Hotels or Hotel Collection choices, there is a message saying NO hotels are available. I phoned Amex and they said this was affecting all cardholders. This is getting quite frustrating as I would like to make a booking. What is the point of giving a $300 x 2 credit but not showing any Fine Hotels on the search? This problem started a few days before the September 18 program update. Has anyone else noticed this issue? Ben, could you please reach out to Amex? Thanks.

  2. CXP Gold

    Wait, if you have already used the $200 hotel credit this year you get another $300 now (so $500 total), but if you haven't used it you also just get $300??? That doesn't seem right! Has anyone checked with Amex on this? If they are stacking it for some people they really should for all.

  3. Dhruv Gupta Guest

    Ben, do you think the sign up bonus would go any higher? Kinda surprised that the SUB hasn’t gone up with the fee

    1. Mr. Wise Guest

      I got a 175k offer, 8k spend in 6 months.

  4. Anthony Guest

    This is petty stuff to help pay for the card. I've been with AE for over 40 years. Sometimes they have done some good things supporting me as a customer.
    And inflation is all around us, not just here. Check hotel prices in London, Paris and Rome. Astronomical.
    So as much as I don't like the pettiness of AE, as a card they have been supportive in situations.

  5. Mikedk Guest

    Curious to see if buying gift cards at Lulu Lemon will trigger the $75 credit. In the Amex app I found this in the fine print.

    “Not valid on purchases shipped outside the U.S. or gift card purchases.”

    1. Danny Guest

      I think it should work as long as you make the transaction in-store, it would code like any in-store purchase. Same for the Sak's credit (confirmed works).

    2. Ritchie Guest

      Some credit card transactions do pass along the items that were purchased (that’s why you can’t buy just anything with an HSA/FSA debit card). However, most data points suggest that you should be able to buy gift cards with Amex credits.

  6. Bbt Guest

    This is supposed to be a premium travel card. But as can be seen it has devolved into an expensive coupon book.

    The comments are how much of a better coupon book this is compared to the other expensive coupon book. All for a drug called lounge access that comes with its own problems like long waits and overcrowding.

  7. Luis Guest

    Just received a sign up bonus offer of 175k after $8k in spend. If you haven't received it, might be worth waiting for it.

  8. eaci Guest

    Did the airline fee credit go away? I don't see it anymore...

  9. Luke Guest

    Im interested in knowing if the Lululemon credits will work at their outlet stores, such as Woodbury Commons, NY That can stretch the quarterly $75 well with discounted items

    1. Anth5 Guest

      The credit will not work at the outlet stores

    2. xdambox Guest

      Their T&C specifically exclude outlets.

    3. 305 Guest

      Can still use it on the "we made too much" section of the main site, which typically has some great deals

  10. Husein Alibhai Guest

    Im so thrilled at these changes. 1 - its a bit much out of pocket and too much work for most of the population so it will take out the ...cheapos and complaining folk 2 - love the add ons...who knows how long this will last. 3. I have a feeling this is just the beginning...with the egalitarian-ness of points and cards, I think AMEX will do a lounge in lounge at some point where...

    Im so thrilled at these changes. 1 - its a bit much out of pocket and too much work for most of the population so it will take out the ...cheapos and complaining folk 2 - love the add ons...who knows how long this will last. 3. I have a feeling this is just the beginning...with the egalitarian-ness of points and cards, I think AMEX will do a lounge in lounge at some point where it has a more exclusive but u know for like a lot of those folk and tech folks and big spenders...where it gets even more exclusive. my theory. like some lounges already have. surely, FHR is gonna get pricier...

    1. Dennis Guest

      They already do this. In their lounges they have areas roped off for Centurion Card members (aka "The Black Card").

  11. Ahorn Guest

    1. Are these all credits apply around the world or are there exclusions e.g., US only?
    2. Uber: does it work only for travel or also uber eats?
    3. This Coupon book gets really think with multiple „rules“. Is there any way to put it in one basic table or something? I totally understand that some people are struggling to monitor all or it (probably this is the intention on AMEX side).

    1. Luke Guest

      #2, yes it works for Uber Eats and works especially great for pickup orders where restaurant menu prices are the same on uber as direct order

      For #3 suggest making your own spreadsheet to track all these credits!

    2. Brian Guest

      I just checked 3 restaurants in the Seattle area and the prices, even for pickup, are higher on Uber Eats than ordering direct from the restaurant.

  12. Ian Guest

    Did the $200 airline fee credit disappear? I don't see it anymore.

    1. Mr. Wise Guest

      It's there, I see it in my application invite

  13. BLAMEX Guest

    Congratulations for those in the USA. In Australia not only is the annual fee $1495 it has now been announced that the transfer rate to airlines is being devalued yet again to 3:1. Our earn rate is equal to 1.25 only for each transaction (excluding Government charges). Your revised enhancements with a modest $200 increase is fantastic!

  14. Chris L Guest

    Any update on which credits will be available to Authorized Users? (e.g., the Uber One Credits)

  15. dixieboz Guest

    Ben, (Or anyone that knows the answer) I would like to verify something that I read. If I have an Amex Platinum card that I use for the FHR credit, are my authorized users also eligible to get the same benefit, credit wise? I have seen 2 answers that claim they do, but I find it hard to believe. Thank you!

  16. Northern Flyer Guest

    Seeing nothing here to make me want to give up my Amex gold card.

    1. Pete Guest

      I've held a green Amex charge card since 1991, and I have no intention of changing it.

    2. Santos Guest

      "I've held a green Amex charge card since 1991, and I have no intention of changing it."

      LOL unless you can't afford $95 a year... why?

    3. Pete Guest

      Why would I? I'll wager my exposure limit is higher than most people with the platinum card.

  17. Alexander Guest

    What a miserable update. Chase and Citi are going to destroy the platinum. I was waiting to see the new changes before pulling the plug on this coupon book. I finally got a confirmation. Points multipliers were left unchanged. What were they thinking.

  18. Janet Member

    I cancelled my Platinum during Covid and nothing in these changes makes it any more attractive. I hate how they want to force you into certain brands, whether it is booking their own hotels, using the (desperate) Lululemon (I prefer ASICS and Nike), using UBER etc. My Amex Gold gives me points where I need them (groceries and dining) and a (albeit smaller) Resy credit. I prefer to book my own hotels as I find...

    I cancelled my Platinum during Covid and nothing in these changes makes it any more attractive. I hate how they want to force you into certain brands, whether it is booking their own hotels, using the (desperate) Lululemon (I prefer ASICS and Nike), using UBER etc. My Amex Gold gives me points where I need them (groceries and dining) and a (albeit smaller) Resy credit. I prefer to book my own hotels as I find the Amex/Chase travel sites charge more than the hotel’s own websites a lot of the time.

  19. OneAlphaTwo Gold

    @Ken, Regis & Luis

    Thanks guys!

  20. OneAlphaTwo Gold

    Sorry for my ignorance, but I’m not quite understanding how the Resy credits work. I have the Plat and a Resy account which are already tied together. Do I have to make a reservation through Resy for it to trigger? Is there a way to pay the bill via the Resy app or are you just tapping your Amex and it triggers?

    Thanks all!

    1. Ken Guest

      AMEX owns Resy so they’ll know to apply the credit to the restaurant.

      Any restaurant that is bookable via Resy should qualify even if you didn’t book a reservation.

    2. Regis Guest

      As long as your Platinum card is enrolled to receive Resy credits, the credits are automatically triggered whenever you use the card at any restaurant part of the Resy network, irrespective of reservations. Reservations have nothing to do with the Resy credit. The only thing that counts is paying the bill with the enrolled card.

    3. Luis Guest

      You just pay with your amex card when the bill comes. If they're on the resy network, you'll get the credit even if you didn't make a reservation via resy.

    4. 305 Guest

      It's like AA Dining (or similar). If the card is used at a qualifying restaurant, the credit hits automatically.

      Imagine my surprise when a "let's get one more drink" date night ended up being "free" because the bar/restaurant was on Resy. I had zero clue until I checked my statement at the end of the month.

  21. Jrod Guest

    Would have been nice if could have applied the Oura credit to monthly subscription instead of a ring purchase. It is not something replaced annually so I do not see this as an annual benefit.

  22. Vernon C Guest

    Why Am/Ex? Nothing says premium luxury like having to go to an app and figure out how to apply coupons on your purchases. Other than LHW Sterling status, there’s no real/tangible travel benefits. Maybe that’s the point, try to whittle off membership to decrease the ridiculous lines at their overcrowded airport lounges but make up for it with the increased fees. Suckers.

    1. TranceXplant Member

      My thoughts exactly. Most of these credits do nothing for frequent international travelers. Uber and Resy credits are explicitly US only. Streaming credits are effectively US only (content is often geo-restricted). And FHR credit is basically a Bed, Bath & Beyond coupon (a discount on inflated prices). I really don't see the value here when cheaper (or even free) cards and less expensive hotel platforms can easily yield similar or better results (eg. A C1...

      My thoughts exactly. Most of these credits do nothing for frequent international travelers. Uber and Resy credits are explicitly US only. Streaming credits are effectively US only (content is often geo-restricted). And FHR credit is basically a Bed, Bath & Beyond coupon (a discount on inflated prices). I really don't see the value here when cheaper (or even free) cards and less expensive hotel platforms can easily yield similar or better results (eg. A C1 Savor card provides cash back globally on anything food-related).

    2. Joe Johnson Guest

      10000%.

      its the modern passbook from 90s with coupons to everything. too much work. ur time is better served not wasting on these things. which card will u use more now that ur cancelling platinum?

    3. NFSF Diamond

      The increased hotel credit is easy to use and a very good value. The rest are annoying

  23. Luis Guest

    Ben any insights as to whether AMEX will be offering an increased sign up bonus for this card?

    1. Mr. Wise Guest

      I got 125k points for 8k spend in 6 months, just today. Not ready to hit submit yet.

    2. Luis Guest

      Yeah that's what I'm seeing too. Was hoping for something in the 175k point range for the refresh.

    3. Mr. Wise Guest

      If there was an offer like that, Amex would probably have been shouting it from the rooftops. Am sure somebody might get targeted with an offer like that though.

    4. Mr. Wise Guest

      Well would you look at that, I just received the 175k offer. 8k spend in 6 months.

  24. Damon Guest

    Re: hotel credit, this might be of news to some folks. I literally booked YESTERDAY with intention of using the $200 credit. When I called just now to see if the $300 (semi-annual) credit would/could instead be applied, I was informed (after confirming and double-confirming) that the usual $200 was for bookings BEFORE 9/18. Any new bookings AFTER 9/18 gets the new $300 — meaning I get BOTH this year!

    1. Regis Guest

      OK, $200 for bookings before 9/18 and $300 after 9/18. What about bookings on 9/18?

  25. Chris Guest

    Having to piece together various transactions from various merchants, throughout the year, to justify the huge annual fee, is anything but upscale…..stay classy Amex! (hard pass for me)

    1. DiogenesTheCynic Member

      People keep saying this system is not "upscale," not recognizing that if you are the kind of customer Amex wants -- high consumable/luxury spend, major urban area -- many of the credits are automatic: $200 in Uber cash, $400 in Resy, $300 digital entertainment credit is already the annual fee. $200 in airline incidentals puts you at $1100.

      If you are not spending $20 a month on Uber, $100 a quarter at Resy restaurants...

      People keep saying this system is not "upscale," not recognizing that if you are the kind of customer Amex wants -- high consumable/luxury spend, major urban area -- many of the credits are automatic: $200 in Uber cash, $400 in Resy, $300 digital entertainment credit is already the annual fee. $200 in airline incidentals puts you at $1100.

      If you are not spending $20 a month on Uber, $100 a quarter at Resy restaurants (probably half the good restaurants in any major metro area), and $300 on some combo of NYT/ESPN/Disney/Hulu/WSJ etc., you are not the kind of customer Amex is trying to pull in these days.

    2. Chris Guest

      Whatever makes you feel better about a ~$1K annual fee…

    3. Pete Guest

      For some people the annual fee seems like a lot of money. I'll wager that for many cardholders, it's a drop in the ocean.

    4. Joe Johnson Guest

      Thank you!!! im hoping many many more follow suit! opportunity cost right? why waste time, stress, and figuring it out when ur time is worth more than that I say. thanks again

  26. Greg Guest

    Took a peek in my area and surprised at how many fewer restaurants are on Resy than when I last checked.

    1. Ken Guest

      OpenTable have been paying restaurants to switch over to them. Similar to what Resy did when they were first getting started.

    2. Andrew Diamond

      Yeah, I was just noticing this in SF as well. :(

  27. Mike Guest

    These 2 posts from OMAAT for the 2 cards are the best posts in the blogosphere today. Well done!

  28. Luke Guest

    For the credits that are quarterly, I guess it should be spent in the next week or so before 9/30 for the first credit? Which means Resy & Lulumemon pretty quickly!

  29. DonnyBrasco Guest

    why is no one talking about the ending of the 35% point rebate on any airline premium cabin?

    1. Andrew Diamond

      Me not knowing they even had it until they cut it. :( I guess this was never a celebrated aspect of the card - I've never read a "8 reasons to apply" article that mentioned it.

  30. nc-retiree Guest

    Nope, I'm out. I have never used Resy and I've never been able to make a FHR stay make sense. I will buy the digital services and pay for them, and buy my Walmart+/Paramount+ through AARP. Even if I buy 3 Delta SkyClub day passes each year, I'd be ahead by cancelling. I've had the card since the beginning, but I can't justify it any more.

    1. Andy Guest

      Cool story bud. We were all waiting with bated breath on how you felt about this.

      Thx for sharing, it means a lot to me and everyone else here!

    2. DiogenesTheCynic Member

      If you've never gone to a Resy restaurant, you must basically never eat out in a major metro area. If you've never been able to make a FHR stay make sense, you must not do much somewhat high-end hotel travel. And if you do neither of those, yeah, Amex isn't trying to pull you in.

    3. Ritchie Guest

      It isn’t at all scientific, but I’d estimate that 8 out of every 10 reservations I make are on OpenTable and not resy. I’m happy to shift my usage a bit, but it doesn’t look like I’d naturally recoup this credit.

  31. OldCrowAZ New Member

    Ben,

    Great overview of the annual fee increase and new benefits.

    I need to do the math, but I’m likely going to cancel this card despite the some of the more positive benefits. I love the digital entertainment credit and like the credit increase. On the downside, I’ve had bad luck booking hotels on AMEX Tavel, do not live in an area that allows me to take advantage of the Resy credits, and not interested in the Lulumom or Oura Ring credit.

  32. Gugs815 Guest

    Overall I’m quite happy with these changes. As others have noted the hotel credit is easy to use - we often find the most value while traveling in Europe. Resy - easy as I live in a major metro with numerous options. Happy to see I’ll be getting a discount on my YouTube TV subscription and will also be purchasing more ABC pants from Lulu :).

  33. John B Guest

    Resy credits work with take out. No tips and service charges (common at some restaurants)

  34. michael Guest

    Do you think physical Lulu gift card will trip the credit? like saks

    1. Andrew Diamond

      I'd bet it would work in store. Saks stopped working online some time ago since it charges a 3rd party instead of the org themselves.

      Which sucks because the bay area lost their only Saks last year... I'm not flying down to LA for a $50 credit. :P

    2. dixieboz Guest

      You could buy something online….

  35. CXX Guest

    very convincing. Makes me want to get the Amex Plat personal too, along with the Biz version. I wish Amex has some kind of combo credit like the Chase United personal+Biz cards, because a lot of benefits overlap (e.g., lounge access).

  36. KL Guest

    I was really looking at this update with trepidation - thinking this might be the year I drop it. But... we have been long time users of the Fine Hotels and Resorts. We like the little extras it gets us (like late checkout and breakfast) and about 40% of the time we get a nice upgrade. So for us, the $600 hotel credit is a huge plus. Then, it just so happens that our favorite...

    I was really looking at this update with trepidation - thinking this might be the year I drop it. But... we have been long time users of the Fine Hotels and Resorts. We like the little extras it gets us (like late checkout and breakfast) and about 40% of the time we get a nice upgrade. So for us, the $600 hotel credit is a huge plus. Then, it just so happens that our favorite local is a Resy restaurant. So at $600 + $400, this card more than pays for itself. I agree that the lounge is the one big disappointment. We are based in Charlotte and the one here is usually overcrowded. But we were just in Seattle, flying AA home with no lounge and otherwise homeless - the Centurion lounge there provided adequate shelter and a nice mocha. I'll keep it, but I 100% get where others may not see the benefits

  37. AAflyer Guest

    How do people even trust the value of uberone and uber credits when their pricing is completely opaque?
    For all we know Uber upcharges the user on ride cost to offset the “credit”.

    1. Andrew Guest

      Pull up lyft at the same time and pick the cheaper one... Ubereats pickup is easy to use.

    2. sam kim Guest

      they're lemmings basically. the only analyses ever to have been done show (last was a medium post) that uber one, uber credits, and having a payment cards with uber credits adversely affects pricing.

      I'm lucky enough to most often live in a place with lots of transportation options and uber and lyft are my transpo options of last resort and when I do use them, I choose on price alone.

    3. nc-retiree Guest

      I use the credit almost completely for Uber Eats pickup. The places I order from also have direct web/app ordering. I usually get back about $11 worth of real value from my $15 credit after comparing total price. Sometimes Uber throws in a free item if I spend $25 and I get back around $16 of value.

    4. Bob Guest

      I've noticed this type of behavior across many apps. Sometimes they include your monthly discount but you're thinking when you get billed you'll get your discount. Then there are other shady apps. For example, target charges higher prices in my neighborhood but if I'm on a vpn and not logged in the prices drop, sometimes drastically depending on how I turn the tables and abuse them trying to abusing me. I've also noticed there are...

      I've noticed this type of behavior across many apps. Sometimes they include your monthly discount but you're thinking when you get billed you'll get your discount. Then there are other shady apps. For example, target charges higher prices in my neighborhood but if I'm on a vpn and not logged in the prices drop, sometimes drastically depending on how I turn the tables and abuse them trying to abusing me. I've also noticed there are fishy things going on with ride share as well between membership discounts and dynamic discounts. If one is 10% and the other is 5% how does my fare end up the same? I've tested this with friends. It's because they change the base price for each of us, put a strike through over the price to reflect a discount so you don't notice the base price.
      Then there is doordash who routinely changes the default tip, sometimes it's 8% sometimes it's 12% and sometimes especially if the order is low the tip could be over 30%. Clearly they're counting on you not paying attention. EVIL!!

    5. James S Guest

      Uber and lyft absolutely do this. When you book one, have the person you're with who doesn't have the plan call for the same ride. They will always see a cheaper price than what you're being quoted as the pre discount value

  38. atljetplane Guest

    If i just used the $200 FHR offer last week, will the $300 semi-annual hotel credit still apply if I used it now

    1. PENILE Guest

      Yes it will. Get out of ATL and go to a real city like New York, London, Paris, Tokyo, or Hong Kong.

    2. DiogenesTheCynic Member

      Has this been clarified somewhere? I'm in the same boat.

    3. Damon Guest

      I posted separately, but yes it will! It was a pleasant surprise when speaking to customer service. :-)

  39. Anthony Diamond

    A few other notes
    1) They appear to have launched some new Amex Offers in conjunction with this refresh. I saw 5,000 MR points for a $250 JetBlue purchase in my account, along with a pretty good Hertz cash back offer

    2) The new mirror design does not appear to be available on the Charles Schwab version of the card

    1. DiogenesTheCynic Member

      Nice flag, thanks -- saw both of those. The JetBlue offers are great (they appear on Citi sometimes too) -- if you fly JetBlue relatively frequently, just book an approx. $250 flight, cancel it, and then use the travel credit whenever.

  40. Nate Guest

    We have been using the hotel credit and my wife and kids love lululemon. Those changes plus Resy and the streaming increase get to more than the total cost of the card.

  41. 305 Guest

    Bigger question is should we assume any previous credits not mentioned in this post are now gone (and immediately)? Thinking Saks, Equinox, etc.

    1. Ben Schlappig OMAAT

      @ 305 -- Nope, they're all still there, nothing has changed with those credits. :-)

    2. eaci Guest

      Airline fee seems to have vanished?

  42. Anthony Diamond

    A few comments…
    - I was just about to buy some new Luluemon stuff. I can now buy the shirt i wanted, and get some shorts and socks I wanted in October, basically for free. LOL
    - Hotel credit has always been a nice benefit, especially given you can get some nice FHR hotels for good prices
    - Resy credit can now reliably cover an entire nice meal. You and a partner,...

    A few comments…
    - I was just about to buy some new Luluemon stuff. I can now buy the shirt i wanted, and get some shorts and socks I wanted in October, basically for free. LOL
    - Hotel credit has always been a nice benefit, especially given you can get some nice FHR hotels for good prices
    - Resy credit can now reliably cover an entire nice meal. You and a partner, each with their own Amex Plat, can eat a good meal for free every month.
    - While the changes are beneficial, I am really surprised they didn’t make any changes (positive or negative) to the earnings structure or other benefits of the card.
    - Can we confirm that credits like Saks, Equinox remain the same?

    1. Ben Schlappig OMAAT

      @ Anthony -- Yep, those credits remain the same.

  43. Jack Rivers Guest

    Meh at best. The $600 obviously is better but I happen to be looking at booking a stay in Bangkok right now and the cost through FHR is $200+ more for the Kimpton Maa Lai than through IHG on a breakfast included rate. Resy is nice IF you want to go to restaurants through them. The Oura benefit? I guess for the 10’s of people who want to buy one who haven’t yet. I am...

    Meh at best. The $600 obviously is better but I happen to be looking at booking a stay in Bangkok right now and the cost through FHR is $200+ more for the Kimpton Maa Lai than through IHG on a breakfast included rate. Resy is nice IF you want to go to restaurants through them. The Oura benefit? I guess for the 10’s of people who want to buy one who haven’t yet. I am lucky and got in just under the wire so I have a year before I have to decide but I just don’t see my spending being enough to justify it.

    1. sam kim Guest

      i'll guess that fhr margins will be getting a bit fatter to offset bigger plat credit. so, real value of credit will be lower as percentage.

      e.g. with $200 credit, you'd find a apples-apples rate of $400 for a room on another site, $450 on fhr; now, with $600 credit, it will be $475-$500.

  44. Andrew Guest

    Waaaay better than Chase. If you can still get an every other year retention bonus, this seems like a keeper.

  45. Voian Guest

    These changes look good to me… I use FHR and Resy so that’s enough to offset the fee.

    I assume the Equinox credit remains unchanged (?)

    1. Ben Schlappig OMAAT

      @ Voian -- Yep, the Equinox credit remains.

  46. Jason Guest

    Didn't see it mentioned but I assume the Saks credit goes away in place of lulu?

    1. atljetplane Guest

      answered my own question....
      per the Yahoo article (only one via a google search that quoted the $200 airline credit and Saks credit specifically)

      None of the Platinum Card’s previous perks, such as a $200 airline fee credit or the credit to shop at Saks Fifth Avenue, are going away, the company said.

  47. Ben Kingsley Guest

    They try to make money from the credit fatigue that you mentioned. It is just a revamped coupon book! Their management in AMEX never gets it.

    1. John Guest

      My thoughts exactly. An Entertainment Club coupon book for 2025. “Get thousands of dollars in valuable coupons!” They’re jumping the shark with the annual fee unless they wrap it up in something more interesting than a bunch of junky coupons.

  48. shoeguy Guest

    Buh bye Amex Platinum. I won't renew my card.

    1. PENILE Guest

      Telling on yourself. Too poor or uncultured to have natural use of the new benefits.

    2. Andrew Guest

      See if you can get a retention offer, amex is really good about this. This is way more valuable than CSR as a coupon book.

  49. Albert Guest

    For an existing cardholder who has already used the $200 hotel credit, would you get an aAlbertdditional $300 before 12/31?

    1. WildAndFree Guest

      I see a tracker on the Amex website (under Benefits) that shows I have a fresh $300 to spend before 12/31, even though I already spent and was reimbursed for $200 earlier this year.

  50. BenA New Member

    Since September 30 would be end of quarter 3 , need to us the Resy credit by then and then have a credit for 4th quarter?

    1. Ben Schlappig OMAAT

      @ BenA -- Yep, you'd want to use the quarterly credits by September 30.

    2. A F Guest

      Are the quarterly resy credits attributed to auth. Users or only primary card holder?

  51. barryw New Member

    All of these credits across multiple cards make my brain hurt. Does anyone know of an app to help track credit availability/usage across all cards? That would be super amazing. I suppose I could make my own monthly spreadsheet, but ugh, please no.
    I need to just find a reasonable way to use the amex points and close the account. The only real reason for the card is Centurion club and the one in Houston is laughably bad.

    1. Frances Price Diamond

      Nick at Frequent Miler posted this the other day:
      https://frequentmiler.com/coupon-book-tracker-1-0/

    2. Chris Guest

      I set up recurring check offs in my iPhone reminders app and check them done as I use them.

  52. Anonymous Guest

    Q3r is einding in 12 days, do we have to use the resy credit asap?

    1. Ben Schlappig OMAAT

      @ Anonymous -- Yep, by September 30!

    2. Voian Guest

      Ben, apologies for being slow. Doesn’t the article say that for existing cardholders these new perks kick in after the first renewal in 2026? Or some are available immediately?

  53. Ben Guest

    Meh - hike the fee by appx 30% and give you MORE coupons. Lounge still remains WAY TOO CROWDED. This card lost its shine a LONG time ago. Go to CSR or C1VX. MUCH better cards.

  54. Alonzo Diamond

    Didn't think I would say this, but I'm impressed. Amex got this one right. Lots of credit but certainly useful.

    I'll echo another user saying I wish there was a checklist somewhere that would make use of these credits super easy. Then you'd just have to add a bunch of calendar reminders lol.

    1. sam kim Guest

      someone will do this, and monetize it, you'll pay for it, and you will like it.

  55. Regis Guest

    Are these new credits effective immediately for everyone who has the card?

    1. Ben Schlappig OMAAT

      @ Regis -- Yep!

    2. Anonymous Guest

      So we have 12 days to use Q3 Resy ?

    3. Ben Schlappig OMAAT

      @ Anonymous -- Yep!

  56. JustinB Diamond

    I was worried they were going to make 5x on airfare only through Amex Travel - relieved that isn’t the case.

    1. James K. Guest

      Same! Twas my biggest fear

  57. Samar Member

    Something for everyone to be aware (if you weren't already): enroll and use the $75 Lululemon and $100 Resy credits before the end of the month, since they should be refreshing for the October quarter.

  58. Dmitry Guest

    So do the credits go into effect today? What happens if you already used your hotel credit for the year? Do you get an extra $100 or a full $300?

    1. Ben Schlappig OMAAT

      @ Dmitry -- Yep, all the benefits apply effective immediately. It looks to me like the new $300 hotel credit is separate from the previous $200 credit, so you should be able to still get a full $300 credit (though check your account, as there should be a tracker showing what you've used).

    2. Dmitry Guest

      Looked at my account and it looks like the answer is the full $300 and yes they're in effect

  59. Omer Guest

    Are these perks per account or per individual card?

    1. Ben Schlappig OMAAT

      @ Omer -- The credits are per account.

  60. Anonymous Guest

    With the overlapping Uber and Resy benefits, I wanted to cancel Gold card, accepted a retention offe 15000 MR points for 1500 spend in 3 months

    1. Samar Member

      Good to know. I'm planning to cancel my Gold card when the renewal comes up, since I don't spend on it anymore and the benefits don't seem to add up to me. I'd be happy to hold on to it if they provide a retention offer.

    2. Gus Guest

      To each their own, but the only reason to have the personal gold card is to spend on it—restaurants and grocery 4X. Not really a sock drawer card, regardless of retention offer.

    3. max Guest

      Picked up the Atmos Summit card recently. It's 3x on dining vs. 4x on dining and grocery, but a $60K spend per card year gets you OneWorld Sapphire AND a 100K Global Companion award. Planning on cancelling Gold on renewal and putting all spend on Summit.

  61. Never In Doubt Guest

    I’m waiting to hear from Schwab about how much (if any) their kickback amount changes.

    1. Matt Guest

      My Schwab Platinum information has already been updated for today's changes.

      Unfortunately, there are no changes to the appreciation bonus. Both the thresholds ($250,000, $1 million, $10 million) and the rebate amount ($100, $200, $1,000) remain the same.

    2. dx Guest

      They didn't change last time in 2021 either so not surprising.

  62. Craig Guest

    Image features a Business Platinum. Will you be preparing a separate analysis of the changes to it?

    1. Ben Schlappig OMAAT

      @ Craig -- Yep, separate post coming about the business card changes shortly, stay tuned.

    2. Jacob Guest

      I have the business platinum card. Nothing has been removed from what I can tell which is good to see. The 1.5x spending categories has been increased to 2X. The $600 hotel credit and Leaders Club Sterling Status has also been added.

  63. Anonymous Guest

    For Resy what are the examples of purchases I can do on Resy.com for getting the credit?

    1. Samar Member

      I don't think you can purchase anything from Resy directly. You just need to dine at one of the restaurants that uses Resy as their reservation system.

    2. Ben Schlappig OMAAT

      @ Anonymous -- Yeah, I'm not sure what the actual online purchases are that can be made, but just dining at a participating restaurant does the trick.

    3. Andrew Guest

      @ben Can you order take out at the restaurant if it’s not through a third party?

    4. Luis Guest

      @Andrew - Yes you can order take out as long as you pay directly to the restaurant

  64. Chris Guest

    Has anyone made an app or site that helps track the usage of the various credits on cards? That would be useful!

    1. Ben Schlappig OMAAT

      @ Chris -- Amex's website and app are pretty decent in terms of showing trackers for benefits. Other than that, sites like AwardWallet also help keep track of this.

  65. Peter Guest

    This is a home run. I was cautiously optimistic about the Amex changes and I'm very pleased. Sure I'd like a lower annual fee and I'd like my renewal date to not be in February, but inflation is real and what can you do. Meanwhile, they have coupons that are clear and easy to use and that deliver meaningful increased value, even if there's no reason to put any real "spend" on this card. Amex should be congratulated. Heads should roll at Chase.

  66. Robbie Guest

    This...is fantastic! I'm genuinely pleasantly surprised.

    Much, much, MUCH better than the CSR update.

    Good-bye Chase, it's been a good run! Going to focus all spend in the AmEx ecosystem now...

    1. Peter Guest

      Keep the Amex for the benefits. Put spend on Citi. Between Strata Premier, Strata Regular and DoubleCash, it's a $95 trifecta ($0 if you use the $100 Premier hotel credit) and a points earning machine.

      Chase is now, sadly, a joke after having the best one-two combo in the business for nearly a decade with CSR/Freedom Unlimited. RIP 10/26. It makes no sense for the US banking market leader to antagonize its HNWI customer base...

      Keep the Amex for the benefits. Put spend on Citi. Between Strata Premier, Strata Regular and DoubleCash, it's a $95 trifecta ($0 if you use the $100 Premier hotel credit) and a points earning machine.

      Chase is now, sadly, a joke after having the best one-two combo in the business for nearly a decade with CSR/Freedom Unlimited. RIP 10/26. It makes no sense for the US banking market leader to antagonize its HNWI customer base in the manner that they just did, and heads should be rolling at Chase.

    2. Robbie Guest

      Yeah, that's fair, Peter, that's solid.

      For me the Plat CS, combined with Biz Gold & BBP is my cash-back machine, but it depends on one's spend and if one has a business or not.

      Completely agreed on Chase, I think the same. I was in their corner for a LONG time, and put a LOT of spend on those cards...very sad what they've done!

    3. sam kim Guest

      I wish m/c "fraud prevention" didn't create so much unnecessary friction with citi cards. Real problem for me I've never had with amex or visa cards from any bank.

    4. max Guest

      Agree CSR is now a mess. But I will keep my CSP for Primary Rental Insurance and other travel benefits.

  67. Andrew Guest

    If you live in a major city I get it, but otherwise these perks are highly useless for many or require to much effort to keep track. Not for me.

    1. Jacob Guest

      I live ten minutes from a LuluLemon and have no desire to shop there.

    2. atljetplan Guest

      buy the gift cards online and resale or regift. Easy peasy.

    3. Ritchie Guest

      Be careful: online gift cards are sometimes processed by third parties.

    4. James K. Guest

      I live in a town of 15,000 people and have two Resy restaurants. FWIW

    5. Andrew Guest

      Good for you, get the card then lol. No need to debate.

      For me most of these credits would either be unused or forced spending on things I would not have gotten otherwise.

      Rather keep my Venture X which is half the price, provides lounge access and what not.

    6. Peter Guest

      Good thing that 80% of the US population lives in or adjacent to an urban area and 1 in 8 people lives in the NY/LA/Chicago metro areas.

  68. CF Frost Guest

    It’s too expensive for me to have to do this much work to recover the value. I’m fatigued and done.

  69. justlanded Guest

    Lemonade, lemon pie, lemon cookies?

    ;)

  70. PENILE Guest

    Resy credits are as good as cash if you live in NYC, which you do if you’re not a loser.

    Lululemon is great for your girlfriend/fiance/wife, which you also have if you’re not a loser.

    I actually wish the Saks credit would disappear. You want to see the world’s biggest collection of mouth breathing losers in one place? Go to the basement of Saks Fifth Avenue (yes, that Fifth Avenue) and watch all the pathetic...

    Resy credits are as good as cash if you live in NYC, which you do if you’re not a loser.

    Lululemon is great for your girlfriend/fiance/wife, which you also have if you’re not a loser.

    I actually wish the Saks credit would disappear. You want to see the world’s biggest collection of mouth breathing losers in one place? Go to the basement of Saks Fifth Avenue (yes, that Fifth Avenue) and watch all the pathetic incels walk up one by one to the counter asking for a $50 gift card.

    1. TX Guest

      I think living in NY you will be a loser pretty soon once you get your new Mayor

    2. PENILE Guest

      The new mayor is pathetic, I agree

    3. Jd Guest

      You are pathetic and sad

    4. ErikOJ Guest

      Your handle - PENILE - seems quite appropriate

  71. Jacobn Guest

    Still only 1X points back on regular everyday purchases though. Would have liked to see that increased.

    1. DiogenesTheCynic Member

      I think that would cost Amex real money. I will note, though, that I've had an Amex offer a few times this year for "Earn 4,500 additional Membership Rewards® points after using your enrolled eligible Card to spend a minimum of $9,000+ in one or more qualifying purchases within 90 days after adding the offer, up to 3 times." So it's not hugely appealing but if you put a lot of spend on the card...

      I think that would cost Amex real money. I will note, though, that I've had an Amex offer a few times this year for "Earn 4,500 additional Membership Rewards® points after using your enrolled eligible Card to spend a minimum of $9,000+ in one or more qualifying purchases within 90 days after adding the offer, up to 3 times." So it's not hugely appealing but if you put a lot of spend on the card (and it could even come on top of airline earn) -- you are getting 1.5x per dollar.

  72. Matt Guest

    This is a great write-up, and it's amazing that you got it published so quickly. Well done!

    One minor quibble: the Lulumon section includes a paragraph copied, and unchanged, from the Resy section.

    Thanks again for this.

    1. Ben Schlappig OMAAT

      @ Matt -- Whoops, fixed, thank you! :-)

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

Regis Guest

As long as your Platinum card is enrolled to receive Resy credits, the credits are automatically triggered whenever you use the card at any restaurant part of the Resy network, irrespective of reservations. Reservations have nothing to do with the Resy credit. The only thing that counts is paying the bill with the enrolled card.

3
Jrod Guest

Would have been nice if could have applied the Oura credit to monthly subscription instead of a ring purchase. It is not something replaced annually so I do not see this as an annual benefit.

3
Greg Guest

Took a peek in my area and surprised at how many fewer restaurants are on Resy than when I last checked.

3
Meet Ben Schlappig, OMAAT Founder
5,527,136 Miles Traveled

39,914,500 Words Written

42,354 Posts Published