Owning Multiple Amex Charge Cards?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
ooxs
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Postby ooxs » Wed Feb 15, 2012 7:07 pm

I have 4 very active cards, this include Platinum to get the most value for my points and PR Gold to get the bonus points. Because of my platinum account, my gold points are applied to my platinum rewards.


darobin77
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Postby darobin77 » Sat Feb 18, 2012 10:06 am

Yes you can have it. i got my ZYNC and Platinum the same day, 3 months later BCP and last week my Small Business Platinum came in, considering the Plum but gonna garden.


To answer another posters question.

I user the BCP for mostly everything
I use the Plat for travel, lounge access, no overseas transactions fees, rental car and airline ticked
Zync isn't a need i used the 2 pull option and aped for Zync 1st and then plat
SB Plat - for all my business stuff should make taxes easier this yer

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PlatinumAMEX94
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Postby PlatinumAMEX94 » Sat Feb 18, 2012 2:10 pm

darobin77 wrote:
Zync isn't a need i used the 2 pull option and aped for Zync 1st and then plat


Why the Zync? Can you convert your points to Membership Rewards First? Unless maybe you are shopping at Walmart and don't want to put a Walmart charge on your platinum.
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Pete838
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Postby Pete838 » Sun Feb 19, 2012 1:27 am

PlatinumAMEX94 wrote:Why the Zync? Can you convert your points to Membership Rewards First? Unless maybe you are shopping at Walmart and don't want to put a Walmart charge on your platinum.

Mine gets used at Wal-Mart, Taco Bell, all over town. Unless you are separating business and personal spending I don't see the need for multiple charge cards, especially not Zync and Platinum. The Zync rewards program is superseded by the Platinum, so there is no additional benefit.
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CC Deville
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Postby CC Deville » Sun Feb 19, 2012 6:26 am

There are three tiers to Membership Rewards: MR Express (Optima, Blue and Zync), regular MR (Green, Gold, PR Gold) and MR First (Platinum & Centurian). Because AMEX is awesome, if you have a higher level card, those MR points take the lead. So, if you have a PR Gold and you get the 3 x points on travel, 2 x points on gas etc AND you have the Platinum, those PR Gold MR points get transferred to your Platinum's MR First points.

Similarly with Zync, some packs give extra points for things like restaurants etc. If you have Zync with packs for things you use most, those points can be transferred to a Platinum. I have been seeing quite a few people lately that do have two charge cards for this reason.

Platinum is only worth the cost if you travel and get the most out of the annual fee. The best thing to do is open a PR Gold for a year fee-free. Use that sucker for the MR points that get transfered to your Platinum and then before the annual fee hits on the PR Gold you could always close it.

If people are savvy enough to get the best use out of two charge cards then more power to them.

Celestine
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Postby Celestine » Sun Feb 19, 2012 8:02 pm

Having 2 AMEX charge cards active.... I don't quite understand that logic. Since as CC Deville mentioned that the points goes to the higher level card. And you pay two annual fees for those charge cards.

I can understand the logic if it were AMEX Charge Card and VISA Signature Card or like other combinations with Mastercard and/or Discover.
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MB131174
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Approved for Green & PR Gold

Postby MB131174 » Mon Mar 05, 2012 11:09 am

I've had my Zync card for just under a year now. Knowing this card can not be upgraded I applied, and was approved for, the Green card.

I had read that when you're approved for one of the charge cards (aside from Zync) you're pretty assured to to approved for another. I pulled the trigger and applied for the PR Gold and was also approved. I'll actually receive the Gold before the Green, which is kinda cool. My plan is, upon receipt of the Gold, pay off and close the Zync.

Now my question is this: I do not need 2 charge cards. One is sufficient. Right now the PR Gold is a better fit for my life (as I do travel and spend a small fortune, to me any way, on gas every month). I'm wondering what to do with the Green?

I called AmEx and they said I could cancel the Green upon receipt without activating it, since if need be I can downgrade the Gold to Green at a future time.

Do you all agree this is a better option than holding onto the Green and deciding in a year? Both have the free annual fee for the 1st year. Any advice is appreciated!
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PlatinumAMEX94
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Postby PlatinumAMEX94 » Mon Mar 05, 2012 1:26 pm

Go for the Gold! Strive for Platinum.

Each card has a different customer service number. The better the card, the better the service. Why settle for green when you can have gold?
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Postby ivotedale » Mon Mar 05, 2012 1:34 pm

@MB131174 - For the most part, I feel the Green is useless when you have the Gold or similar; the Green doesn't offer any 2x or 3x points on anything. You'll be earning 1x points on everything else with your Gold PR anyway, so the Green really isn't an advantage.

I personally have the Green + Zync, and plan to cancel the Zync once the one year mark hits. I figure I'll take advantage of the double points for restaurants, then stick to the green as my primary card come September.

With my spending anyway, the Green makes more sense w/ my spending patterns than the Gold or higher; since I don't travel enough to justify the annual fee.

Best of luck in your decision!
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4Runner
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Postby 4Runner » Wed Mar 07, 2012 1:23 am

I use on daily basis the GPR to pay for everything and anything, getting advantage on the MR points, and the Platinum when i am booking or paying for travel expenses. I do not care about annual fees on both cards, i get enough rewards to compensate the fees.



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