Amex Platinum Card offers a price of $1,734 per month for a 1-year subscription to an unlimited amount of credit, which will increase to $2,399 per month on July 30.
Credit card issuers have been increasing the price of their Platinum cards in recent years.
This year’s change, however, does not include any changes to the monthly fee or the value of the rewards card.
The average cardholder pays $1.6 billion on average for a Platinum card, according to research from Citi.
The average value of a Platinum credit card is about $6,000, according a report from the Financial Services Forum.
Amex’s new pricing is not the first time the company has released a new price chart for a credit card.
In February, it released its annual card data.