American Express is confirming $200 increases in annual fees for thousands of Americans - Although it will have an added value of $3,500

American Express is confirming $200 increases in annual fees for thousands of Americans – Although it will have an added value of $3,500

The annual fee for American Express Platinum cards is jumping from $695 to $895, but the company says new travel, dining, and lifestyle perks worth up to $3,500 will make the change worthwhile for loyal cardholders.