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Doctor of Credit commenter Work4Amex shared several changes to the American Express Platinum card in mid-March.
One of those changes has trickled out, but was then removed from the American Express website, that Platinum cards would no longer come with free guest access to Centurion lounges without $75,000 in annual card spend.
Here’s the rest of what does remain a rumor,
Personal Platinum AF is planned to increase to $695 for new card holders starting July, existing card holders fee increase will come into effect Jan 2022 . There are other planned changes, keep in mind that it is all subject to change. Many of these changes should start July 2021
The 2 free Priority Guest passes will now be free only if you have $75,000 spend in a calendar year with the platinum.
$300 equinox credit
$240 entertainment credit
$200 credit for prepaid hotel bookings
$100 temp Resy credit
Everything else should stay the same
This information does not come from American Express. It is not official. But it is an interesting rumor of an increase in annual fee in exchange for streaming and other entertainment credits greater than the fee increase. I do not value the Equinox or prepaid hotel booking credits at nearly face value (though I will try to book one hotel night per year at a non-chain property to take advantage of the hotel credit).
Doctor of Credit further clarifies the rumored entertainment credit as “$20 monthly (magazine/news subscriptions, video streaming services and audio/music streaming services)” and suggests “Annual CLEAR membership will replace TSA Precheck, but Global Entry seems like it’ll stay.”
Covering my annual cost for CLEAR even instead of Global Entry every four years will mean a lot more value and combined with the entertainment credit would make me happy with this change overall – if and only if the February 2023 change to Centurion guest access reduces crowding because traveling with a four year old who annot be an authorized user on my card means Centurion lounge visits won’t happen on leisure trips.
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