Amex Platinum Card Updates 2024: What to Expect
- consumer and business Platinum cards later this year, the company said.
- The company highlighted existing benefits such as airport lounge access, dining perks, and hotel benefits.
- An American Express credit card arranged in new York, U.S., on Wednesday, Oct.
American Express is set to launch significant updates to its U.S. consumer and business platinum cards,promising enhanced benefits focused on travel,dining,and lifestyle experiences. These changes, slated for later this year, represent a major investment by American Express, aiming to refresh the card’s appeal and value proposition for its cardholders. The Consumer Platinum Card, a staple since 1984, is undergoing its most extensive update yet, signaling a commitment to evolving with the needs of its premium card members. Business platinum cardholders can anticipate new features designed to support business growth. Meanwhile, JPMorgan Chase is also entering the fray, with plans to refresh its Chase Sapphire Reserve card, hinting at more rewarding options for cardholders. News Directory 3 will keep you informed on these updates,and how cardholders can expect more rewarding experiences and benefits in the coming months. Stay tuned for details on the new benefits and how they stack up against the competition.
American Express to Revamp Platinum Cards
Updated June 17, 2025
American Express is preparing “major” updates to its U.S. consumer and business Platinum cards later this year, the company said. The refresh aims to enhance travel, dining, and lifestyle benefits, along with the card’s overall look and feel, according to American Express executive Howard Grosfield.
american Express Platinum Cards. (American Express)
The company highlighted existing benefits such as airport lounge access, dining perks, and hotel benefits. This refresh marks American Express’s “largest investment ever in a Card refresh,” according to the company. The Consumer Platinum Card has been available in the U.S. since 1984 and has received several updates throughout the years.
An American Express credit card arranged in new York, U.S., on Wednesday, Oct. 18, 2023. (Angus Mordant/Bloomberg via Getty Images / Getty Images)
Business Platinum Card holders can anticipate “more benefits thay can use to help their companies grow.” These cardholders currently have access to a flexible spending limit, business and travel benefits, rewards on business expenses, virtual cards, and cash flow management tools, in addition to dining, lounge, and hotel benefits.
JPMorgan Chase is also planning updates to its Chase Sapphire Reserve card this summer, hinting at more rewarding experiences for its cardholders. Chase also suggested the launch of a Chase Sapphire Reserve credit card for businesses.
A Chase sign at the company’s New York headquarters on May 11, 2012, in New York City. (Spencer Platt / Getty Images)
In a J.D. Power study released last fall, the Chase Sapphire Reserve card ranked No. 3 for customer satisfaction among U.S. bank rewards credit cards with annual fees, while the American Express Platinum Card was close behind at No. 4.
What’s next
Cardholders of both American Express Platinum and Chase sapphire Reserve can anticipate more rewarding experiences and enhanced benefits in the coming months as both companies roll out their planned updates.