“And given the previous conversations that we had about the timing of the platinum fee increase, it's only sometimes in the new year in 2026. That you should see that inflection point and a bit more acceleration.”

In context

“ty in the marketplace, a lot more competition. Operator: Thank you. The next question is coming from Terry Ma of Barclays. Please go ahead. Terry Ma: Hi, thank you. Good morning. I just wanted to ask about net card fee growth. It continues to be strong coming in at 20% year over year this quarter. As we think about the go forward, should the platinum refresh be kind of additive to that growth or just kind of sustain it as you lap some of the refreshes from last year? Christophe Le Caillec: Thank you. Yeah. So it's a complicated dynamic, Terry, but you might remember the beginning of the year, we said, you know, that you should expect the card fee growth rate to kind of moderate in the balance of the year. We still believe that's gonna happen. So you should expect to see that in Q3 and Q4. And given the previous conversations that we had about the timing of the platinum fee increase, it's only sometimes in the new year in 2026. That you should see that inflection point and a bit more acceleration. But you know, you should still expect some moderation in the back of this year in terms of that you know, quarterly growth rates. Operator: Thank you. The next question is coming from Craig Maurer of FT Partners. Please go ahead. Craig Maurer: Yeah. Hi. Thanks. Wanted to you know, competition aside and AmEx is right to win aside. You know, wanted to ask about how perhaps the mix of new is changing. And the reason why I'm asking is does the slowdown in travel spend put at risk the fantastic new acquisition channels you have with your co-brand partners like Marriott and Delta, do we have to think about that at all when it comes to net new card growth and know, just secondly, just quickly on the EPS guide, you had nice outperformance in EPS, but am I just reading it correctly that the projec”