There are several reasons card issuers are hiking fees right now, and they all have to do with benefits. Money; Getty Images America’s premium credit cards are inching toward an eye-popping milestone: ...

America’s premium credit cards are inching toward an eye-popping milestone: a $1,000 annual fee. Last week marked a major step toward that new norm. American Express announced it’s raising the yearly ...

The card also comes with a hefty price tag. In the U.S., there’s a $10,000 initiation fee and a $5,000 annual fee. Yeah, you read that right. It’s definitely not for the faint of heart—or wallet. I’ve ...