Amex Hikes Platinum Fee to $895, Unveils $400 Resy Dining Credit

American Express raised its Platinum Card annual fee by $200 to $895 and added $400 in annual dining credits at Resy restaurants, the company announced Thursday, September 18, 2025.

Why It Matters With heightened competition for premium cardholders, Amex is bolstering perks to justify its sticker shock, tapping its recent acquisition of restaurant reservation platform Resy to sweeten dining benefits.

Key Details

• Annual fee increase: from $695 to $895, effective on card renewals starting October 1.
• Resy credit: up to $100 each quarter for U.S. Resy-partner restaurants, totaling $400 per year.
• Other new perks: $300 annual credit at Lululemon and $200 toward Oura ring purchases.

Additional Features

• Platinum Nights by Resy: exclusive access to hard-to-book reservations in New York, Los Angeles and Miami.
• Enrollment required online; unused quarterly credits do not roll over.
• Amex said these enhancements package over $1,500 in potential value for heavy users.

Broader Context This refresh follows Amex’s integration of Resy since acquiring the platform in 2019, extending dining benefits across several cards to drive usage and loyalty amid a crowded premium market.