Details
Written by: RJ
American Express has announced updates to the Platinum card
- Authorized users
- Additional Platinum cards will now cost $195 each. The old price as $175 for three cards, then $175 per each card after that.
- Changes are live now for new cardholders and new authorized users. Existing cardholders will receive a letter 45 days before the new prices goes into effect for their accounts.
- Digital entertainment credit
- The Wall Street Journal is being added as an option
- Audible is being removed on 10/2/23
- There’s also potentially more restrictive wording for welcome offer eligibility
- You may not be eligible to receive a welcome offer if you have or have had this Card, the Platinum Card® from American Express Exclusively for Charles Schwab, the Platinum Card® from American Express Exclusively for Morgan Stanley or previous versions of these Cards. You also may not be eligible to receive a welcome offer based on various factors, such as your history with credit card balance transfers, your history as an American Express Card Member, the number of credit cards that you have opened and closed and other factors. If you are not eligible for a welcome offer, we will notify you prior to processing your application so you have the option to withdraw your application.
First reported by TPG
Thoughts
If I still had a Platinum, the removal of Audible would be upsetting. The authorized user changes are a bummer but make sense. Given the primary use was for lounge access. This either increases revenue/cardholders, or potentially creates more lounge space.
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Editorial Note:
Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
Libro.fm allows you to download them and does not hold you hostage and their services should in the future that change like Audible / Amazon have to keep agreeing to future terms of service or if you quit Audible’s service you loose all your audio-books. With Libro.fm can do whatever you want with your audio-book, download and transfer it to another format if you have a converter software or backup your files.
You can get credits and don’t have to do the book of the month to get them for the same $15 for the vast majority of audio-books that you an use credits on.