American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards

Why This Matters

American Express' move highlights an arms race of sorts when it comes to catering to wealthy consumers. JPMorgan and Citi released updated or new cards recently.

September 18, 2025

11:26 AM

3 min read

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Financial sector news can impact lending conditions and capital availability for businesses
Consumer sector trends provide insights into economic health and discretionary spending patterns

Questions to Consider

Could this financial sector news affect lending conditions and capital availability?
What does this consumer sector news reveal about economic health and spending patterns?

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