American Express Platinum cardholders will now be 'Uber VIPs' -- but there's a catch

AP/Diane Bondareff American Express is bulking up the benefits on its premier travel rewards credit card to compete with lucrative offerings from JPMorgan Chase and Citi, its two biggest competitors. Beginning March 30, American Express Platinum members will receive up to $200 in Uber credits annually and automatic VIP status on Uber rides in select cities -- but they'll pay for the privilege. The card's annual fee, for new and existing cardholders, has increased from $450 to $550, surpassing th...