Amex “refreshing” Velocity Platinum Card

[bktraveler]

"As part of these new and updated benefits, your annual Card fee is increasing to $440 on your next Card membership anniversary, after 2 February 2025."

So it looks like if your renewal is before 2nd Feb next year it will be $375.

I just was on chat with AMEX today as I wasn’t sure if my anniversary was the date of card approval (30 Jan) or the date my card became activated (5 Feb). I found it is the former (30 Jan), so I seemingly will get the 375 fee for the renewal. The agent on chat said that is not the case though. He said he had different info on his end that he looked up, and it showed that anyone with a renewal after 6 Nov 2024 would have the new 440 fee. We had a mild chat debate back and forth, and I left it at that. Told him I plan to cancel if the email statement is false and I’m charged $440. Agent didn’t blink at that.

Not happy at all with this change as I already have V lounge access and don’t need the 50 status credits at 25K. I did use the 2 Centurian Longe passes in the past, so it’s a net loss for me. Great for semi-frequent or better solo travellers without lounge access though. Huge win for you.