Platinum Annual Fee

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TWMB1010
 
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Platinum Annual Fee

Postby TWMB1010 » Tue Mar 03, 2015 7:21 pm

My annual fee hit this month.

Anyone have any luck getting it waived or getting points in exchange for keeping it active?


travisrauh
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Postby travisrauh » Wed Mar 04, 2015 12:44 am

American Express does not negotiate on the membership fee for the Platinum Card. Your only choice would be to downgrade or cancel.
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TWMB1010
 
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Postby TWMB1010 » Wed Mar 04, 2015 10:59 pm

They do not negotiate the annual fee as in directly discount it.

They HAVE in the past provided members who attempted to cancel membership points in exchange for continuing to keep the card open.

I recall reading threads when they dropped privileges that this was something they were doing to help members to justify the $450/yr annual fee.

Interested to see if anyone has had luck in the recent months.....

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6cargarage
 
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Re: Platinum Annual Fee

Postby 6cargarage » Tue May 05, 2015 3:45 am

I just canceled the card last week. I tried to use as many benefits as I could, and some were indeed very nice. I wish the concierge could have secured the concert tickets I wanted.... Anyway, the offers to stay on began with 10000 points to help offset the fee. I resisted and it grew to 15000 points if I spent I think $3000 in the next 60 days. Doable, but why? Still a no go for me. The lounges are really great, but I just don't travel enough. The next offer was the same 15000 points which would be applied directly towards the fee, and the balance could come from my existing rewards acct. (another 30000) for a total, of course, of 45000 to cover the $450. ("costing me nothing!" in the words of the rep.) Sorry, but I'd rather spend the points on travel, not fees. At no time was the fee ever offered at less than $450. The next offer was conversion to another ("lower") card product, which I already have. Wouldn't that show on their screen? Oh well, now I have no Platinum, no Zync and no USAirways from BofA. Not a big Barclays fan but may have to jump on the merger bandwagon with the AAdvantage RedBlueBlack or whatever it is..... The search is on.

MemberSince99
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Re: Platinum Annual Fee

Postby MemberSince99 » Tue May 05, 2015 9:19 am

I'm thinking of downgrading to Gold.

There is nothing wrong with the card it's a terrific card, however, I simply am not doing the travelling I was expecting to and I don't know when (or if) I will, so it just isn't making sense to me that I should keep the card with that fee when I can't make use of the benefits.

If I were travelling I wouldn't even think of downgrading but I'm just not travelling and so I think the Gold better fits my needs at this time and I'm thinking I better call in and downgrade before the annual fee hits.

ingramjuan
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Re: Platinum Annual Fee

Postby ingramjuan » Tue May 05, 2015 7:35 pm

Just received my new card this month. Not sure if AMEX waives fees for this card? Was wondering if the annual fee will be on my first bill?
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Nixon
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Re: Platinum Annual Fee

Postby Nixon » Tue May 05, 2015 7:51 pm

TWMB1010 wrote:My annual fee hit this month.

Anyone have any luck getting it waived or getting points in exchange for keeping it active?


Depends. What was your spending like?
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FastSRT8
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Re: Platinum Annual Fee

Postby FastSRT8 » Tue May 05, 2015 8:09 pm

Ahhhh membership fees!

Yes, you have to pay to play and there are no exceptions to my knowledge.

To the poster who got offered points, that's actually pretty good. You could have taken it.
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rockyrock
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Re: Platinum Annual Fee

Postby rockyrock » Fri May 15, 2015 8:39 am

Everybody wants a free lunch...
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MemberSince99
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Re: Platinum Annual Fee

Postby MemberSince99 » Sat May 16, 2015 6:49 am

rockyrock wrote:Everybody wants a free lunch...



Not me. I just downgraded to Gold. Problem solved. If I flew, it would be worth it, but if you don't fly, it's really just not worth 450 a year to me.



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