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News in English (USA) / 17.08.2025 / 16:00

Rising Costs and Evolving Benefits of Premium Credit Cards

Premium credit card fees are on the rise, with reports indicating that some cards could cost as much as $800. Amidst this increase, both consumers and analysts are questioning the value of these cards and the benefits they offer, especially as many travel perks are being downsized. As mid-tier airline cards also shift towards three-digit fees, potential applicants must evaluate whether these perks are worth the cost. Meanwhile, no-fee travel cards are emerging as strong competitors to established offerings like Amex Platinum and Chase Sapphire. For those planning trips, guidance on the best travel credit cards is becoming increasingly crucial, especially with advice suggesting that maximizing benefits is becoming more challenging. Prospective travelers should stay informed about the evolving landscape of credit cards to choose the best options for their needs.
The New York Times, NPR, Reuters, Jacksonville Journal-Courier, Goodreturns, LinkedIn, US News Money, Boise State Public Radio, NerdWallet, Travel And Tour World