What are the changes to American Express Platinum 2023?

Beginning September 26, 2023, the Platinum Card's already steep annual fee will go from $699 to $799 per year on your next card anniversary. It will also cost more to add a supplementary Platinum Card to an account with the fee rising from $175 to $250 at the same time.



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Upcoming Changes to the American Express Platinum Card The card's annual fee is set to increase from $699 to $799 (all figures in CAD) per year. If you currently have a Platinum Card, this fee will come into effect on your next card anniversary date after September 26, 2023.

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The American Express Platinum card caters to high-spenders who travel frequently and want a wide range of luxury travel perks and lifestyle benefits. You'll need a high income and at least good credit to qualify.

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IS IT WORTH IT? NO. Based on your spending, your estimated rewards on The Platinum Card® from American Express would not make up for the annual fee. How much do you spend annually on flights and hotels in U.S. dollars booked on AmexTravel.com?

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AAdvantage members earn 5 miles per dollar spent on American flights. Platinum members earn 60% more, for a total of 8 miles per dollar. Priority check-in, security lanes and boarding. Platinum elite members board with Group 3 on American Airlines flights.

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If eligible, use Membership Rewards points to place an offer towards an upgrade. Your upgrade offer will be accepted or declined by the airline, usually within 5 days of your flight. Whatever the airline's decision, American Express will communicate the result to you via email prior to your departure.

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As part of The American Express Global Lounge Collection®, Platinum Card® members can enjoy unlimited, complimentary access to Plaza Premium lounges around the world. Plaza Premium is a network of airport lounges around the world that are open to The Platinum Card® members, regardless of airline or ticket class.

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As of Feb. 1, 2023, the ability to bring in two guests at no additional cost went away for most cardholders. Now, unless you spend $75,000 or more each calendar year on your card, you'll need to pay $50 to bring an adult guest ($30 for children ages 2 through 17) into the Centurion Lounge.

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Platinum Card? Members and Additional Platinum Card? Members on the Platinum Card? Account can enroll in complimentary Hilton Honors Gold status in the Benefits section of their americanexpress.com online account or by calling the number on the back of their Card.

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Amex Platinum Annual Fee and Suite of Credits and Benefits The Platinum Card has a $695 annual fee. Though the fee is paid once a year, the math works out to about $58 a month.

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