Do you really need to spend nearly $700 a year for an American Express Platinum card? asked Alexis Leondis at Bloomberg. AmEx's decision to bump the fee from $550 to $695 should give you some pause if you "continue to be wary of frequent travel or big trips due to COVID-19." AmEx Platinum's edge over competitors has always been the premium lounge access at airports. "But the lounges have had problems with overcrowding and are going to start requiring additional fees to bring guests or family members." Other than that, "Platinum's existing benefits are pretty much in line with other cards of its ilk, despite its ... (full story)