NEW YORK—American Express is making some substantial changes to its Platinum Card.
The company is making it harder to earn a big welcome bonus and more expensive to share perks like lounge access or instant hotel status, Thrifty Traveler reported.
“The bank quietly tweaked the terms and conditions for its flagship travel card overnight,” Thrifty Traveler said.
“For years, new Platinum cardholders have earned a welcome bonus, be it 80,000 points or a whopping 150,000-point bonus, after spending $6,000 within the first six months. It’ll now require spending $8,000 within that span,” Thrifty Traveler said.
Adding authorized users to the Platinum Card is getting much more expensive, as well. Instead of adding up to three users for a total of $175, they’ll now cost $195 each, Thrifty Traveler noted.
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