Credit

This Week in Credit Card News: October 8–14

New Points, Credits, and Fee for the Amex Business Platinum Card

  • The Business Platinum Card® from American Express (Review) is a longstanding popular business card, designed primarily for travel (but less so as time goes by). American Express has once again upgraded the card with new features, plus a higher annual fee to go along with them.
  • The new features are:
    • 1.5X Membership Rewards points per dollar for the following (in addition to 1.5X points for purchases of $5,000 and over, all up to $2 million spent per year):
      • Construction material and hardware suppliers
      • Electronic goods retailers and software/cloud system providers
      • Shipping providers
    • $400 in annual statement credits for Dell purchase: Up to $200 semi-annually; this is a $200 increase from the previous benefit
    • $360 in annual statement credits for Indeed: Up to $90 in statement credits per quarter for all Indeed hiring and recruiting products and services
    • $150 annual Adobe credit: An annual credit for select Adobe products, including Adobe Creative Cloud and Acrobat Pro DC
    • Up to $120 in annual statement credits for wireless services: Up to $10 per month, good for purchases made directly from U.S. wireless telephone providers
    • A new $695 annual fee, beginning 1/13/22 for all cardholders: The annual fee is increasing from $595. (Rates & Fees)
  • Enrollment for benefits required; terms apply.
  • Source: American Express

New Secured Versions of U.S. Bank Cards: Cash+ Secured and Altitude Go Secured

  • U.S. Bank has released secured versions of two valuable credit cards, giving people with limited or poor credit a way to build credit and earn great rewards. Here are the new cards and some key features:
    • U.S. Bank Cash+® Visa® Secured Card
      • 5% cash back in two categories of your choice, up to $2,000 spent per quarter
      • 2% cash back in your choice of one everyday category
    • U.S. Bank Altitude Go® Visa® Secured Card
      • 4X points on dining/takeout
      • 2X points for groceries, gas, and streaming services
      • $15 streaming credit for annual streaming purchases (Netflix, Hulu, Spotify, etc.)
  • Each card requires a security deposit of $300 to $5,000, and your credit limit will be the same as your deposit. Neither card has an annual fee.
  • See the original, non-secured versions of the cards:
  • See more U.S. Bank credit cards.

New Amex Centurion Lounge Opens in London Heathrow Airport, the First in Europe

  • The new Centurion Lounge at LHR is located after security in Terminal 3. When it comes to lounge access through credit cards, Centurion Lounges are among the best. They feature high-end amenities, a premium bar, specially made local food, and usually showers and spas.
  • The Centurion Lounge at LHR will include:
    • Curated global menu by Michelin-Star Chef Assaf Granit
    • British-inspired tea cart with hot and cold beverage selections
    • Seasonal Soapsmith products by Samantha Jameson
    • British art and design
  • Cards that provide access to the Centurion Lounge, among other lounges, include:
  • Enrollment required; terms apply.
  • See more credit cards for airport lounge access.
  • Source: American Express

Seating area at the LHR Centurion Lounge. Image credit: American Express

For rates and fees of the Delta SkyMiles® Reserve Business American Express Card, please click here.

For rates and fees of The Platinum Card® from American Express, please click here.

For rates and fees of the Delta SkyMiles® Reserve American Express Card, please click here.

For rates and fees of The Business Platinum Card® from American Express, please click here.

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