This article seems delusional, either on the part of Amex or the reporter. Chase isn't winning because Amex is too snobby or due to "cachet." They're winning b

This article seems delusional, either on the part of Amex or the reporter. Chase isn't winning because Amex is too snobby or due to "cachet." They're winning because the Platinum rewards are inferior to the CSR, even after the recent updates. In fact, Amex did probably the stupidest thing possible by increasing the annual fee precisely when they're under threat. As much as I like the Platinum, it's hard for me to justify keeping it this year when the CSR is so rewarding. And that has nothing to do with wanting to avoid appearing snobby (after all, I do love the metal CSR).