11-09-2013, 11:41 PM | #1 |
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AMEX Platinum
Who else has one?
I am considering cancelling mine because I don't travel enough right now. Anyone ever cancel and then re-activate? I use the airport lounges, no international transaction fees, and $200 airline credit....but I can't use those when I'm not travelling. Seems like a waste if I'm not travelling enough. Any benefits I'm overlooking? |
11-10-2013, 08:19 AM | #3 |
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Since you're not traveling as much, downgrade to the Amex Premier Rewards Gold card. Cheaper annual fee and you accumulate a lot more membership reward points. The gold card still has most of the other benefits too, but you will lose the airport lounge and airfare credit. You'll more than make up for the airfare credit with the cheaper annual fee and extra points.
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11-10-2013, 08:48 AM | #4 |
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I had the card before and I personally don't think it's worth it.
I use the capital one venture card and get 2 points per dollar which I use for airfare. It was rated very high by consumer reports and money magazine. I have had it for a while so I only pay $39 a year but I think they raised it to $59 now. I don't think Amex rewards are very competitive when you try to use the points. |
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11-10-2013, 10:21 AM | #5 |
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I've had the AMEX Plat card for over 2 years and love it. Can't say too much about the concierge, only used them a couple times however I travel quite a bit domestically and internationally. I always find a lounge to stay in while waiting for flights.
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11-10-2013, 10:29 AM | #6 |
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I dumped my Amex platinum a couple years ago. I just wasn't getting the benefits even though I fly over 80k miles a year. There are two good perks of Amex platinum and that are the sky club access and no international transaction fees. Sky club access is good but I already had a lifetime membership and there are several credit cards that stopped charging international transaction fees so for the annual fee, it didn't make sense to me anymore.
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11-10-2013, 11:09 AM | #7 |
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Never used the concierge...maybe it's decent?
Has anyone used the $100 credit toward http://www.globalentry.gov ? This supposedly lets you skip long immigration lines. |
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11-10-2013, 05:51 PM | #8 | |
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BTW, in case anybody wasn't aware you can now get Hilton Gold Status with the Platinum. If you have travel a lot, the lounge access, $200 credit, Starwood Gold, and Hilton Gold are nice benefits. |
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11-11-2013, 12:25 PM | #9 |
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had the platinum for a couple of years but couldnt justify the $450/year fee because i dont travel alot. i downgraded to the green card which is like $95 and still get to enjoy most of the benefits of amex.
if you have had the card for a long time i would not cancel it as it would negatively affect your credit. |
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11-11-2013, 12:28 PM | #10 |
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I'm happy with my gold card. I just can't justify the price when I'm not traveling as often.
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11-14-2013, 06:14 PM | #11 |
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How useful is the concierge anyways? I couldnt justify it either.
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11-14-2013, 08:59 PM | #12 | |
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I'm basing this assessment off the lackluster and rather pedestrian concierge service offered with the centurion card. The rumors about the centurion concierge service being able to get you sold out tickets to a show or other "special" perks are such a gross exaggeration that it's not even funny. Given how mediocre the centurion concierge is, I can't imagine the platinum concierge being any better. |
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11-14-2013, 09:02 PM | #13 |
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Yeah as I thought. Services I will never use or would rather do myself. Why call them to have them do what you can do in the time you call them? Lol
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11-14-2013, 09:02 PM | #14 |
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Also fun fact the rumor about the centurion card having no limit is also just the - a rumor. There is a finite monthly limit albeit it's very high ($700,000) and it possibly depends on your financial situation.
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11-14-2013, 09:49 PM | #15 | |
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11-14-2013, 10:45 PM | #16 |
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I know someone who used their Centurion to get reservations at the French Laundry for Thanksgiving just a few days before the date, when those reservations usually take 2 months to get, if you can even get through on the phone. How common that kind of thing is, I don't know.
I'm happy with my gold card, for everyday spending it's a much better deal than the platinum. |
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11-14-2013, 11:35 PM | #17 | |
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11-14-2013, 11:37 PM | #18 | |
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02-09-2014, 10:28 AM | #19 | |
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02-09-2014, 08:41 PM | #20 | |
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The Centurion card is really no different in that regard except that the card holder is less likely to run into the situation where Amex has a store call to get you on the phone to remind you of this. I have a friend who puts everything, including all his business expenses (including payroll) on a green Amex in order to get membership rewards points. His monthly bills have been well into the mid six figures in any given month. |
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02-09-2014, 08:48 PM | #21 |
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Amex concierge is by far the best of all credit card concierge services and has pulled off some pretty impressive reservations and tickets to concerts. Amex was able to get me a last minute reservations at hotels and restaurants that show up as booked. My brother used his amex to get last minute tickets to a sold out Radiohead concert several years ago directly from the venue and at face value
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02-09-2014, 11:44 PM | #22 | ||
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If u travel, it's with it IMO, if not there are better options |
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