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Is your premium credit card worth US$550 a year?

As card issuers hike fees on their most 'special' cards, do the sums to see if all those perks make sense for you

Fighting back, American Express sweetened some of the perks on its own, 33-year-old premium card, the Amex Platinum. Included in the company's latest enticement? An increase in annual fee from US$450 to US$550.

New York

JPMORGAN Chase created a sensation last year with a new credit card, the Chase Sapphire Reserve, crafted from "a proprietary mix of embedded metals". Also sensational, and pretty crafty, was the annual fee of US$450. A turnoff? So many people signed up, Chase ran out of embedded...

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