I was offered a few years back and accepted a no fee Platinum Card. I received word yesterday that Amex discontinued the program with First Republic but was allowing the members to keep the accounts, minus the FRB logo on the card and of course now paying the annual fee charged to all Platinum cards. They are also removing the 5k annual additional points.

I tried to get an explanation as to why the program was discontinued by both Amex and FRB executives just say they do not know.

FRB clients are generally high end worth so I do not understand why Amex would cut that relationship.