Topic

Premium credit cards

Credit and charge cards aimed at high-spending consumers and businesses, carrying annual fees of roughly $500 and above in exchange for travel credits, lounge access, concierge service and other benefits.

Current clusters

invest1 publisher

Amex and Chase added $445 a year to the cost of holding both premium cards

American Express took its Platinum fee to $895 and Chase took Sapphire Reserve to $795. Consultants at Datos Insights and EY say the increases cover rising rewards costs and also shed holders who only chase points.

Publishers:americanbanker.com

Reality

Evidence46
Adoption58
Hype gap+12
Incentives63
Confidence52