AMEX Metal Reserve is Dry
The new American Express Platinum Card is a clear response to the massive success of the Chase Sapphire Reserve. AMEX meticulously studied the launch of the Sapphire Reserve and who signed up for it. Time will tell if the new features and credits added to the Platinum card will help AMEX match Chase, but one thing they missed out on was procuring enough metal to send out cards to current and new cardholders. Chase had the same problem with the Sapphire Reserve, so it's a surprise AMEX couldn't have anticipated the problem.