American Express updates Business Platinum card
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The annual fee for the Sapphire card will jump 45% to $795. Amex did not say if there would be a fee increase.
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The Points Guy on MSNBig: Amex will do a major revamp of the Platinum Card later this yearOn Monday, American Express announced that it will be making "major updates" to some of its most beloved and rewarding cards. The issuer said that The Platinum Card® from American Express and The Business Platinum Card® from American Express will be receiving a full revamp later this year.
The two cards both have steep annual fees that put them in direct competition for a spot in consumers’ wallets.
JPMorgan Chase announced Tuesday it's raising the annual fee of the popular Chase Sapphire Reserve credit card to $795.
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JPMorgan Chase revealed exciting new perks for its Sapphire Reserve card. But, American Express isn't backing down as it announces major upgrades.