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The Platinum Card® from American Express is getting a major refresh ( rumored Sept 18th ) , and as we get closer to its debut, the rumor mill is pumping. Here are the rumors, from reputable sources, that we’ve heard thus far. If these are true…it’s an easy keeper for me. Rumor is The Business Platinum Card® from American Expess is getting the FHR credit as well. Maybe we can hope Resy too?
- New Annual Fee of $895 ( H/T Reddit )
- supposedly a new mirror finish on the card as well
- New Annual $600 Fine Hotels and Resorts ( H/T Reddit )
- Split into two semi annual $300 credits
- Jan through June and July through December
- Split into two semi annual $300 credits
- New Annual $400 Resy Credit ( H/T US Credit)
- Split into two semi annual credits
- ( Jan – June and July – Dec )
- Split into two semi annual credits
- New Annual $300 Lulu Lemon credit ( H/T US Credit )
- Quarterly, $75 per quarter
Other rumors but lower odds of being true
- A $300 broader wellness credit. A $240 Universal rideshare credit (Uber, Lyft, etc.). Enhanced flight credits. Potential additions of new Centurion Lounges (H/T Reddit )
- These are less likely since no screen caps have been provided – time will tell
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Points Boost
- each account anniversary you’ll earn bonus points equal to 10% of your total purchases made the previous year
- Points are transferrable to 14 Ultimate Rewards partners
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.