By Ana Teresa Solá

Copyright cnbc

As issuers push annual fees higher for some premium travel rewards credit cards, experts say it’s important for consumers to consider if such cards are worth the cost.

On Thursday, American Express announced that consumer and business versions of its Platinum credit card will now have an annual fee of $895. That’s about 29% higher than the current cost of $695 per year.

In June, the Chase Sapphire Reserve card raised the annual fee to $795. That’s a 45% jump from $550, its previous annual cost. In July, Citi introduced the Citi Strata Elite, a premium travel credit card that costs $595 per year.

Other credit cards have been changing terms to access perks like airport lounges. Earlier this year, Capital One announced that, starting in February, customers using its Venture X Rewards and Venture X Business cards — each of which have $395 annual fees — will no longer be able to bring guests to the lounges free of charge.

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Higher annual fees mean you have to assess whether the card perks are worth the cost.

“Annual fees are not inherently bad; you just need to make sure that you’re getting value from [the card],” said Ted Rossman, senior industry analyst at Bankrate. “It’s getting harder to maximize, though.”