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American Specific has vital updates within the pipeline for its Platinum bank cards.
The corporate’s U.S. shopper and enterprise Platinum Playing cards are slated to get “major” updates “later this year,” American Specific stated.
American Specific government Howard Grosfield stated Monday in a press release that the corporate is “going to take these Cards to the next level, not only in what they offer in travel, dining and lifestyle benefits, but also in how they look and feel, to meet the evolving needs of our customers.”
American Specific Platinum Playing cards. (American Specific)
American Specific touted the airport lounge entry in addition to the eating and resort advantages that the well-known bank card already offers its Platinum cardholders whereas revealing its plans to make updates.
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The corporate has provided the Client Platinum Card within the U.S. since 1984 and has given it varied refreshes over time.
The brand new updates within the pipeline for American Specific Client and Enterprise Platinum bank cards will mark the corporate’s “largest investment ever in a Card refresh,” per the corporate.
An American Specific bank card organized in New York, U.S., on Wednesday, Oct. 18, 2023. (Angus Mordant/Bloomberg through Getty Pictures / Getty Pictures)
Those that maintain the Enterprise Platinum Card can anticipate “more benefits they can use to help their companies grow” from the upcoming refresh, American Specific stated.
American Specific Enterprise Platinum Card holders have already got a “flexible spending limit that adapts based on purchase, payment and credit history, business and travel benefits, rich rewards on business expenses, virtual cards and access to cashflow management tools,” in addition to eating, lounge and resort advantages, in keeping with the corporate.
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American Specific isn’t the one bank card issuer that has updates within the works for its high-end card.
JPMorgan Chase-owned Chase stated on social media final week that “rewards are about to get more rewarding” for its Chase Sapphire Reserve bank card this summer time.
A Chase signal on the firm’s New York headquarters on Might 11, 2012, in New York Metropolis. (Spencer Platt / Getty Pictures)
The Chase Sapphire Reserve card first made its debut in 2016.
One other social media publish from Chase final week hinted on the launch of a Chase Sapphire Reserve bank card for companies.
The American Specific Platinum Card and the Chase Sapphire Reserve Card are well-liked amongst customers.
The latter acquired the No. 3 spot for buyer satisfaction amongst U.S. financial institution rewards bank cards that carry annual charges in a J.D. Energy research launched within the fall of final yr.
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In the meantime, the American Specific Platinum Card positioned one spot behind it in that class, at No. 4, in keeping with the research.