Gemini co-founder Cameron Winklevoss criticized American Express for raising its Platinum card annual fee to $895. In response, Winklevoss highlighted Gemini’s $0 annual fee for their credit card. AmEx introduced the Amex Travel App and Amex Passport, offering personalized travel planning and Ethereum-based rewards for cardholders transacting abroad.

Gemini customers and crypto users expressed concerns about the Gemini credit card’s low credit limits and application glitches. Users reported struggles with applying, delayed card approvals, and issues with credit limits and autopay functionality. American Express confirmed an increase in Platinum card annual fees to $895, emphasizing added benefits like hotel and dining credits worth up to $3,500 annually.

Read more at Yahoo Finance: Crypto founder mocks American Express’ controversial fee hike