(Update 7/28/21: Multiple readers reporting (1, 2) that the annual fee actually posted as $550, as per the physical terms.)
Multiple readers report (1, 2, 3, 4, 5) applying for the American Express Platinum card after the fee changed to $695 and still getting the $550 annual fee showing in the terms on the physical mailer that came along with the card. This is being reported on all the various offers – the Resy offer, the 100k offer, the Schwab offer, etc.
It’s not known how this will play out in practice, and also not known if new applications from today will still get the $550 fee – quite possible it was only for those who signed up on launch/change day. Hopefully those people will actually get charged just the $550, as shown in the terms.
