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Investing.com -- BofA says American Express (NYSE: AXP) may significantly raise the annual fee for its Platinum card following a major fee hike by rival JP Morgan Chase’s Sapphire Reserve offering.

The cost to have Chase’s popular Sapphire Reserve travel credit card has increased 77% since it was introduced in 2016. Here’s what to know about the card.

Investing.com -- BofA says American Express (NYSE:AXP) may significantly raise the annual fee for its Platinum card following a major fee hike by rival JP Morgan Chase’s Sapphire Reserve offering.