American Express has announced plans for significant updates to its U.S. Consumer and Business Platinum Cards later this year. These changes aim to enhance the luxury credit card experience by offering more benefits and rewards, targeting a growing segment of affluent customers. The company hints at its largest investment ever in the Platinum Card series, promising a major revamp designed to attract and retain high-value clients. This move comes amid increasing competition in the premium credit card market.
— new from American Express