On top of that, the card's
annual fee increased by $ 100, though I think for most people the new benefits will more than make up for the increased annual fee.
Because the personal
Platinum annual fee increase is set to take place in less than a week, I ’ d like to review the Amex Platinum benefits for the personal version of the card.
With the platinum
card annual fee increase and the need to get the second platinum for Centurion Lounge access for the whole family, I suspect I will just drop the card.
If, however, you decide to end your U.S. HSBC Premier relationship but keep your credit card,
the annual fee increases to $ 95.
For frequent Uber users, the $ 100
annual fee increase is easily offset by the $ 200 new Uber credit.
For people that use Uber on a regular basis, this benefit more than covers the cost of
the annual fee increase, but for people that only use Uber on occasion, it may only be worth a fraction of the potential value.
Both cards have no foreign transaction fees and no annual fee the first year, but
their annual fees increase to $ 95 after this period.
The $ 30
annual fee increase could be offset in just one stay at a Sheraton and, with Starwood about to spend $ 100m bringing the Sheraton brand up to scratch, the lounges can only get better.
If you have the regular SPG Amex card you're only going to be ok with
the annual fee increase if you travel and / or need wifi access in areas where you normally struggle to find it.
I'd probably value a faster internet connection at around $ 5 / night (that's how much more I'd be prepared to pay at the hotel) so, by that measure, 6 nights would see me break even on
the annual fee increase if I didn't have Starwood elite status.
After the first year
the annual fee increases to $ 25.
You actually come out ahead even with
the annual fee increase.
Some big changes are taking place with the American Express Platinum card, perhaps most importantly
an annual fee increase to $ 550 and a new annual $ 200 Uber credit.
However, they also announced
an annual fee increase on the Delta Platinum card to $ 195 from the current $ 150.
Note that for existing card members,
the annual fee increase only applies after September 1, 2017.
Personally, I ride Uber enough that this alone outweighs
the annual fee increase.
I think these are all good changes, except
the annual fee increase of course — but I too agree it's worth it for the benefits.
It is a bit difficult to say if
the annual fee increase is worth it because all the benefits can be seen as subjective.