Chase Sapphire, Platinum and other credit card
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American Express updates Business Platinum card
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Chase announced changes to its Sapphire Reserve card, boosting the annual fee to $795 a year and adding additional perks.
In a bid to attract more high-spending Millennials and Gen Z-ers, American Express (NYSE: AXP) is set to roll out significant updates to its U.S. Consumer and Business Platinum Cards later this year.
JPMorgan Chase teased fans of its Sapphire Reserve premium credit card that a new 2025 version will be out this summer prompting competitors to react.
American Express is planning the largest investment to revamp its Amex platinum cards, which are expected to be rolled out in the latter half of 2025.
The two cards both have steep annual fees that put them in direct competition for a spot in consumers’ wallets.
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Upgraded Points on MSNCiti Dividend Platinum Card Bonus Categories Revealed for Q3 2025Many banks offer credit cards with rotating bonus categories, like the Citi® Dividend Platinum Select® Visa® Card, which now offers 5% cash-back for Q3 2025.
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