The Amex Platinum Card's annual fee increased to $895 as of late 2025, up from $695, marking its first major hike since 2021. This change applies immediately to new cardholders and hits existing ones at renewal on or after January 2, 2026 for consumer versions (December for business).

Fee Breakdown

Amex raised the fee by $200—a 29% jump —to fund over $1,400 in fresh perks like Resy dining credits, lululemon rebates, Oura Ring discounts, and Uber One perks. Existing cardholders got advance notice via Amex Newsroom, sparking widespread forum debates on value.

Forum Buzz

Reddit's r/amex and r/AmexPlatinum lit up post-announcement:

  • Users like Az1718 confirmed rollout dates, warning of "tough choices" for partial perk users.
  • Skeptics dismissed early March 2025 rumors as "speculation" or "traffic bait," proven right when details dropped in September.
  • Debates weigh if new lifestyle credits offset the hit, especially vs. rivals like Chase Sapphire Reserve ($795 post-refresh).

Is It Worth It?

For heavy travelers : Yes, if you max lounges, hotel credits, and bonuses—value often exceeds $2,000 annually. Light users? Downgrade risks loom as credits expire unused.

Aspect| Old Fee ($695)| New Fee ($895) 17
---|---|---
Effective Date| Pre-2025| New: Immediate; Existing: Jan 2026
Key Adds| Standard travel perks| +Resy, Lululemon, Oura, Uber One
Vs. Rivals| Competitive| Tops Chase Sapphire Reserve by $100

Trending Views

Experts split: CNBC calls it a "significant" leap but viable for bonus chasers; CN Traveler dubs it a "fancy coupon book" for casuals. As of January 2026, no reversals—monitor Amex for tweaks.

TL;DR : $895 fee brings premium perks but demands full utilization; forums urge math before renewal.

Information gathered from public forums or data available on the internet and portrayed here.