American Express has raised the annual fee for its high-end Platinum credit card from $695 to $895, starting Thursday. The increase comes with more benefits, including credits of $400 for restaurants and $600 for hotels. While the rewards now exceed $3,500 per year, they were previously over $1,500.
Source: https://www.wsj.com/personal-finance/amex-revamps-its-platinum-card-raises-fee-to-895-5c32cb3b