💳 Amex Platinum Refresh (2025)

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🎉 Best-Ever Welcome Offer

The Business Platinum Card^®

Earn 200,000 Membership Rewards® Points after you spend $20,000 in eligible purchases on your new card within the first 3 months of card membership.

Learn More to Apply

📰 Relaunch News

Amex just announced a major refresh to both The Platinum Card® from American Express and The Business Platinum Card® from American Express, and these are some of the biggest changes we’ve seen in years. Fees are up, perks have shifted, and both cards now pack in over $3,500 worth of annual credits (if you can actually use them).

The biggest change is that the annual fee on both cards is jumping from $695 to $895. That’s nearly a 30% increase, making them two of the priciest cards on the market. The higher fee kicks in right away for new applicants, while existing cardholders get a short grace period (12/2/25 for business and 1/2/26 for consumer).

🤩 What’s New on The Platinum

The Platinum Card^®

Earn 175,000 Membership Rewards® Points after you spend $8,000 in eligible purchases on your new card within the first 6 months of card membership.

Learn More to Apply

New Perks

• $400 Resy Credit ($100/quarter)
• $300 lululemon Credit ($75/quarter)
• $120 Uber One Membership Credit ($10/month)
• $200 ŌURA Credit
• Complimentary Leaders Club Sterling status with The Leading Hotels of the World.

Enhanced Perks

• $600 Hotel Credit ($300/6 months) for prepaid Fine Hotels + Resorts or Hotel Collection bookings (previously $200/year).
• $300 Digital Entertainment Credit ($25/month) which is up from $20, with expanded partners including Paramount+, YouTube Premium, and YouTube TV

Existing Perks (unchanged) 

• $200 Airline Fee Credit (incidental fees at one airline of choice)
• $200 Uber Cash ($15/month + $20 December bonus)
• $100 Saks Fifth Avenue Credit ($50 semi-annual)
• $300 Equinox Credit
• Walmart+ Credit ($12.95/month)
• $209 CLEAR+ Credit
• 5X Membership Rewards® on flights (up to $500K annually) and prepaid hotels via Amex Travel
• Free access to Centurion Lounges, Delta Sky Club (with eligible Delta flights), and Priority Pass

Removed/Changed Perks: All prior benefits are being kept the same. 

💼 What’s New on The Business Platinum

The Business Platinum Card^®

Earn 200,000 Membership Rewards® Points after you spend $20,000 in eligible purchases on your new card within the first 3 months of card membership.

Learn More to Apply

New Perks

• $600 Hotel Credit ($300/6 months) for prepaid Fine Hotels + Resorts or Hotel Collection bookings
• $1,150 Dell Technologies Credit ($150 annual + $1,000 after $5,000)
• $250 Adobe Credit (annual credit after $600+ in purchases with Adobe)
• Complimentary Leaders Club Sterling status with The Leading Hotels of the World.
• $250K annual spend unlocks:
  • $1,200 Flight Credit via Amex Travel.
  • $2,400 One AP® Credit (monthly fees for Amex’s accounts payable tool).

Enhanced Perks

• 2X Membership Rewards®: Expanded to cover purchases in key business categories (construction, electronics, software/cloud, shipping) + purchases of $5,000+. (Capped at $2M spend/year.)

Existing Perks (unchanged)

• $360 Indeed Credit ($90 quarterly).
• $120 Wireless Credit ($10 monthly).
• $200 Hilton Credit ($50 quarterly).
• $200 Airline Fee Credit (incidental fees at one airline of choice).
• $209 CLEAR+ Credit.
• 5X Membership Rewards® on flights and prepaid hotels via Amex Travel.
• 1X Membership Rewards® on all other purchases.
• No Preset Spending Limit + Pay Over Time option.

Removed/Changed Perks

• 35% Airline Bonus (devalued): Still 35% points back with Pay with Points, but now limited to flights booked with nine selected airlines (was previously available for premium cabin tickets on all airlines).
• Employee Card Fee Increase: Employee Platinum Cards now $400/year (up from $350).

🛠️ Additional Features 

• Amex App: New tools in the Amex app help you track perks and credits in real time, with reminders so you don’t miss out. However, I came across this website that lets you keep track of credits on all your cards. 

• Mirror-Metal Design: A limited-edition mirror-metal Platinum Card design is now available for cardholders who want a sleeker look. Here's a blog post with details on how to apply for one. 

💭 Final Thoughts

Overall, Amex has made the Platinum lineup better, betting people will tolerate higher fees in exchange for more credits

• The Platinum Card®: Great if you’ll actually use the hotel, dining, lululemon, entertainment, and Uber credits. Otherwise, it’s too many hoops for an $895 fee.
• The Business Platinum Card®: The 200K offer makes this a no-brainer today, and it’s still strong for big spenders in Dell/Adobe/2X categories. But the weaker Pay with Points rebate is a downgrade for travelers who relied on it.

If you like chasing perks and can squeeze every dollar out of them, these cards can be hugely valuable. If you want simplicity, you might be better off with other options.