39 | Friday, September 19, 2025American Express Platinum Card gets pricier and adds new perks, including a $400 dining credit Print | Front Page | Email this story To:From:Message:From (email):Message:NEW YORK (AP) — The Platinum Card is getting shinier and pricier. American Express' latest update to its high-end Platinum Card, unveiled Thursday, comes with a lot more perks, including a $400 credit for dining out, and a lofty annual fee of $895. The Platinum Card refresh is just the latest from the major credit card issuers, and the higher fees may put pressure on some cardholders to choose between the Platinum Card or another high-fee card like Chase's Sapphire Reserve Card. But the Platinum Card now faces an increasingly competitive market, where the major card companies each have their own high fee, high rewards credit card products with similar perks. I think our cardmembers see the Platinum Card as in a league of its own," Grosfield said.