NEW YORK –American Express has announced that major updates will be coming to its U.S. Consumer and Business Platinum Cards later this year. With the updates, the company said it is making its “largest investment ever” in a card refresh.
American Express said it continues to invest in its dining and curated hotel programs, noting its Resy subsidiary provides access to reservations in more than 30 countries at over 20,000 restaurants worldwide.
In addition, AmEx said its recent acquisition of Tock will add 7,000 restaurants, wineries and venues to the platform.
It said it also has approximately 2,600 “curated properties” available through its Fine Hotels + Resorts and The Hotel Collection, with the company saying it will continue to add hundreds of new properties in popular destinations.
“Fine Hotels + Resorts is the only credit card issuer program that offers guaranteed 4:00 p.m. late check out at over 1,600 locations worldwide,” the company said.
Airport Lounges
American Express further noted it offers access to more than 1,550 lounges in more than 500 airports around the world and is opening three new Centurion Lounges globally in the next year — Newark, New Jersey; Salt Lake City, Utah; and Tokyo, Japan — bringing the total number of Centurion Lounges to 32.
Business Platinum Card
American Express said plans are to update its Business Platinum Card to offer cardholders more benefits, including flexible spending, business and travel benefits, rich rewards on business expenses, virtual cards and access to cashflow management tools.
Business Platinum Card Members can also access the dining, lounge and hotel benefits.
Moreover, the company said it also offers access to unique experiences across the U.S. and around the globe, from motor sports and tennis to music festivals and sporting events.
What Card Members ‘Love’
“More than 40 years ago, we introduced the Platinum Card, and we continue to offer platinum cards with global servicing, unique benefits and experiences that our card members love,” Howard Grosfield, Group President, U.S. Consumer Services, said in a statement. “Platinum Card benefits and services resonate across generations, particularly with Millennial and Gen Z who accounted for 35% of total U.S. Consumer spending last quarter. We’re going to take these cards to a new level, not only in what they offer in travel, dining and lifestyle benefits, but also in how they look and feel, to meet the evolving needs of our customers.”