American Express said it would expand its lounge network by opening new Centurion Lounges in Newark, Tokyo and Salt Lake City.

American Express is changing the minimum income requirements for three of its credit cards, which will now have a lower minimum income requirement.

On Monday, American Express announced that it will be making "major updates" to some of its most beloved and rewarding cards. The issuer said that The Platinum Card® from American Express and The Business Platinum Card® from American Express will be receiving a full revamp later this year.