Amex Platinum Card Refresh Adds Lounges, Dining Perks

American Express is set to launch a major refresh of its U.S. Consumer and Business Platinum Cards later this year, with new investments in travel, dining, and lifestyle benefits. The update will include three new Centurion Lounges in Newark, Salt Lake City, and Tokyo, expanding the global lounge network to 32 locations. Amex will also integrate 7,000 dining venues from its recent Tock acquisition into the Resy platform, significantly expanding premium reservation access for cardmembers. The refresh is targeted at Millennial and Gen Z cardholders, who now comprise 35% of U.S. spending and have seen 40% year-over-year growth. Amex executives have emphasized that the enhancements will focus on popular perks without suggesting a major fee hike. The updates arrive as competition intensifies in the premium credit card market, with Chase also planning changes to its Sapphire Reserve card.