Looks like i will be keeping my regular Gold card

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amex007
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Looks like i will be keeping my regular Gold card

Postby amex007 » Wed Apr 22, 2015 9:31 am

After hearing about all the changes to the amex PRG card and hearing nothing about the amex Gold, I decided to chat online with a CSR. I asked if there were any changes being made to the Gold card on June 1.

She told me the following changes would be:
1. AF change from $125 to $160
2. forex fee being removed
3. Personalized travel service
4. Add 2x rewards for Airfare and Add 2x U.S. restaurants

I know the PRG has great benefits but I dont need the 2x groceries it has bc I have the amex ED. And i dont fly that much so i can sacrifice the 3x airfare and settle with the 2x airfare (altho PRG will get the $100 airfare rebate).

If there were going to be no changes to the Gold card, I prob would have upgraded to the PRG but guess i'm fine with the 160 instead of 195 AF now.
Amex Gold NPSL | Amex ED 28500 | Barclaycard Arrival 17500 | Hyatt visa signature 5000
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CarefulBuilder14
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Re: Looks like i will be keeping my regular Gold card

Postby CarefulBuilder14 » Thu Apr 23, 2015 12:58 pm

To rehash (and add to) a post that missed the cutoff:

1. For me, the PRG extras (mostly the airfare credit and better roadside assistance) easily justify the $35 difference between Gold and PRG.
2. If you stay at Hyatt enough to justify having the card (unless it's just for the signup bonus), then you can probably get good value from Hyatt points.
3. Your Hyatt card already offers 2x points on restaurants and airfare booked directly with airlines. It's true that the travel perks like baggage insurance maybe not be as good with Hyatt as with Amex Gold.
4. If you don't travel enough to find a co-branded airline card (or the PRG) a good value, then the travel service might not be very useful.
5. There may be a time when you deal with a merchant in another country and want to/need to use Amex. You'd pay FTFs with the Amex ED, but you'd have to be spending a lot to offset a big AF.

Maybe you just have the Hyatt card for the free night and/or signup bonus, and like to use the Amex Gold for airfare and dining. Maybe you want to keep an old account open. The cards just seem so similar that having both might not be necessary when it comes to earning rewards.
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

amex007
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Re: Looks like i will be keeping my regular Gold card

Postby amex007 » Thu Apr 23, 2015 1:24 pm

Yeah i mainly have the Hyatt card for the sign-up 2 free nights at any Hyatt and the annual bonus night at a category level 1-4 (which offsets the AF). Besides that i mainly use amex Gold for the MR pts. amex ED is nice but the main reason i got that was to increase my TCL since the Gold doesnt contribute to utilization ratio.
Amex Gold NPSL | Amex ED 28500 | Barclaycard Arrival 17500 | Hyatt visa signature 5000
sockdrawer-- GM 4000 | Unionplus 2200
EX 795 EQ 786 TU 790

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CarefulBuilder14
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Re: Looks like i will be keeping my regular Gold card

Postby CarefulBuilder14 » Thu Apr 23, 2015 9:33 pm

The Amex Gold's additions do seem inadequate when compared to what the CSP offers for a lower AF. It doesn't sound like the Gold/PRG travel service has anything like the features you would get through the Platinum's concierge line.
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

amex007
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Posts: 131
Joined: Wed Apr 01, 2015 3:31 pm
Location: NY

Re: Looks like i will be keeping my regular Gold card

Postby amex007 » Fri Apr 24, 2015 10:07 am

CarefulBuilder14 wrote:The Amex Gold's additions do seem inadequate when compared to what the CSP offers for a lower AF. It doesn't sound like the Gold/PRG travel service has anything like the features you would get through the Platinum's concierge line.


True. I agree that the CSP does seem like a better deal than the Gold/PRG but amex was the creditor who got me back into the game when I was rebuilding with their Gold card offer so it's more a loyalty factor.
Plus I had just recently got back in with Chase since I had a chargeoff with them in 2005.
Amex Gold NPSL | Amex ED 28500 | Barclaycard Arrival 17500 | Hyatt visa signature 5000
sockdrawer-- GM 4000 | Unionplus 2200
EX 795 EQ 786 TU 790

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CarefulBuilder14
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Re: Looks like i will be keeping my regular Gold card

Postby CarefulBuilder14 » Fri Apr 24, 2015 7:37 pm

amex007 wrote:
CarefulBuilder14 wrote:The Amex Gold's additions do seem inadequate when compared to what the CSP offers for a lower AF. It doesn't sound like the Gold/PRG travel service has anything like the features you would get through the Platinum's concierge line.


True. I agree that the CSP does seem like a better deal than the Gold/PRG but amex was the creditor who got me back into the game when I was rebuilding with their Gold card offer so it's more a loyalty factor.
Plus I had just recently got back in with Chase since I had a chargeoff with them in 2005.


Well, it does make sense that you'd favor Amex.

The CSP's reward structure is similar to what Amex Gold will have (except for CSP's much broader travel category). CSP doesn't have as much in the way or travel perks, but a lot of the card's value is in transferring points from the Freedom (and possibly from an old, no-AF Ink variant - I'm not sure). Good use of one or two Freedom 5%/5.5% categories can go a long way when it comes to transferring points.

I am considering an Amex EDP. I don't think it would compete too much with my UR spending, since most of what I'd put on an EDP would be Sallie Mae spending, or off-category stuff only earning 1.1 UR on Freedom. But the loss of the Costco contract means that even more spending will go to URs and not MRs, and it may be best to avoid having too many reward currencies. I like PRG for perks, occasional offers, and credits. It's not really so much about rewards for me.

I also have a sneaking suspicion that Amex will do something to nerf/eliminate ShopRunner on the no-AF cards...
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

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CarefulBuilder14
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Location: United States

Re: Looks like i will be keeping my regular Gold card

Postby CarefulBuilder14 » Sun Apr 26, 2015 10:43 pm

Has anyone heard of any changes to the Green coming up? An AF hike would seem possible, but maybe there won't be one.

It's so similar to the no-AF Everyday that any fee seems hard to justify.
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card



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