I’m a big fan of The Business Platinum® Card from American Express. The card has a $450 annual fee, and offers a bunch of benefits that help offset it.
This includes a $200 annual airline fee credit, Hilton Honors Gold status and Marriott Gold status, access to Amex Centurion Lounges, access to Delta SkyClubs when flying Delta, a Priority Pass membership, 10 Gogo wifi passes every calendar year, and more.
This is the lower cost version of the Amex Platinum Card, as The Platinum Card® from American Express has a $550 annual fee, though offers a couple of additional benefits, including a $200 annual Uber credit and $100 annual Saks credit.
Anyway, it looks like the business version of the card will soon be getting a refresh.
Changes coming to the Amex Business Platinum Card
Starting in February 2019 (this means for annual fees due as of then), the Amex Business Platinum Card annual fee will be increasing from $450 to $595. So, what improvements will be made to the card to make up for the $145 annual fee increase?
- A complimentary year of access to WeWorks
- Up to $200 in statement credits each year for any Dell technology purchases
- The hotel credit for Hotel Collection stays will be increasing from $75 to $100; this is a perk I’ve never used, as I’ve always found Fine Hotels & Resorts or Virtuoso to be a better value
I’ve gotta say, for me these changes are useless. I have no interest in WeWorks, I think the last time I bought something from Dell was in 2003, and I’ve never used Hotel Collection.
I imagine those who use WeWorks or buy stuff from Dell will find these changes to be really valuable, but for the rest of us, this is a $145 annual fee increase without any positive changes.
I suppose these changes are positive for anyone who spends a lot of money with Dell or who values a WeWorks membership, but otherwise this is a pretty negative development, since the features being added are niche.
Personally I quite liked the changes made to the Amex Personal Platinum Card when the fee increased from $450 to $550, as we’ve picked up both a $200 Uber credit and a $100 Saks credit, both of which I valued. Unfortunately these new additions aren’t nearly as valuable to me.
What do you make of these Amex Business Platinum Card changes? Will they impact whether or not you have the card?
(Tip of the hat to The Points Guy)