Is Amex About to RUIN a Load More Cards?

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[MusicalAspie]

If they increased the fee on the personal platinum, I would want them to add a 2X catch all category.

[TyTyslickster]

Amex can keep the platinum card it's just not worth it for me.

[Qiuziarui]

If they raise the platinum cards annual fee, it will become the ultimate overpriced glorified coupon book

[dsr]

Definitely not renewing my Amex Platinum unless they do s big improvement to the coupons. Come on, how many people use Soul Cycle?

[clintonstumpf]

If the annual fee goes up any further, the return value would have to be insanely good, for starters, equinox credit has to go.

[tiki]

Anyone else burned out on credit cards and just using one card for everything

[rolewis]

I’m probably moving over to capital one duo savor one+ventura x. Amex just doesn’t make sense for me anymore.

[ghgilland]

They have a point. Amex has successfully convinced many people to pay them upfront for the right to only recoup a ton of coupons back from them. It's like the luxury version of those old fundraiser coupon books. Remember those? You'd think...that's only $10? There's at least $100 worth of value in there. Only to realize at the end of the year, you only used one or two coupons. Or worse yet, you bought things you wouldn't have ordinarily bought just to use the paper coupon. Oh well...I'm not playing Amex's game anymore.

[robeckel]

For me, the Amex product refreshes have certainly stimulated demand... for their competitor's cards. It's a shame, because I really like Amex customer service. I had planned to keep most of my Amex cards open for the foreseeable future, but the changes are making it look like I'll have to be closing a lot.. maybe even even all of my Amex cards.

[robertbonvie]

Just doing what every other company is doing. They will all just keep jacking up prices until people stop paying. As long as the masses accept the beating they will keep dishing it out.

[TheZombaslaya]

How about some actual spending multipliers with the platinum too, like a 2x catch all category like the Venture X has, or at least a 3x dining credit

[Stocks_IronMan]

Greedy as never before. If it goes to 1K, I will 100% cancel and never reopen it. The benefits they offer are borderline laughable. In some centurion lounges you can enter only 2hours before your flight. And no guests. 🤡🤡

[djtfp]

$1000 AF platinum card will be nice for lounge access. less crowded. i only keep the platinum for lounge access

[Emmanuel-neoi]

Definitely cancelling the platinum if they increase it

[Torso]

Hopefully anyone reviewing these cards will point out how absolutely bonkers it is that the Amex Platinum (and to a lesser extent, the gold) is basically pre-allocating people's spend into things like Shake Shack, Grub Hub, Saks, etc.

If you're not particularly interested in those things already (which I would imagine very, very few people are) it's a terrible deal and you'd be far better off getting a Savor One with no annual fee or even an Amex Green if you need amex points.

[vgshwk]

On my current trip through sfo I couldn’t get into a centurion lounge and three priority pass lounges so that was a failure on American Express there.

[michaeldowning]

Refresh the Charles Schwab Investor card with 2 or 3% back on everything. Add a Resy credit to the Gold or Platinum

[NBGUYVER]

I went to Germany a couple of years ago and and they didn't really use credit cards in most places then. When I got back to America this year, I forgot I had this card. No need to use it

[DHJakon]

If Amex plat is going to $1000 I would be ok with double the credit amount for Saks or Uber.

[theonlybuster]

I was already at a "soft no" that could be converted for Amex, but with these expected changes, it's started to look like a "solid no".