Why I’m (mostly) excited about the Amex Platinum changes

Core Insights - The American Express Platinum Card has undergone a refresh, leading to an increase in its annual fee to $895, which is the highest for a publicly available travel credit card [3][4] - Despite the high fee, the new benefits introduced make it easier for users to derive value that offsets the cost [2][4] Benefit Analysis - Digital Entertainment Credit: Users can receive up to $300 annually ($25 per month) for eligible streaming services, making it a valuable benefit for those already subscribed to these services [6][7] - Resy Credit: The card offers up to $400 annually ($100 per quarter) for eligible dining purchases through Resy, which can be beneficial even outside major cities [8] - Hotel Credit: Up to $600 in statement credits is available for prepaid Fine Hotels + Resorts or The Hotel Collection bookings, providing significant value if utilized effectively [9][10] Additional Benefits - The card includes various other benefits such as airport lounge access, airline fee credits, and Uber Cash, although their utility may vary based on individual usage [11][15] - Some benefits, like the lululemon and Oura credits, may not appeal to all users, indicating a mixed reception for certain perks [13][14] Value Proposition - The total potential value from the card's benefits can exceed $2,000 annually, suggesting that for frequent users, the card can be a worthwhile investment despite its high fee [16]