Amex raising Platinum fee in Canada this month

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
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FastSRT8
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Amex raising Platinum fee in Canada this month

Postby FastSRT8 » Wed Jun 13, 2012 1:00 pm

Apparently from $399 to $699.

Not sure if other countries will follow suit but seems like this is a trend.

There are some added benefits but from what i hear, many will dump the card as the cost is too rich.
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FutureBillionaire
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Postby FutureBillionaire » Wed Jun 13, 2012 1:04 pm

I don't know if you can have enough benefits to warrant paying that much for a card.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
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Ratfacedudeguy
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Postby Ratfacedudeguy » Wed Jun 13, 2012 1:51 pm

That's crazy. I'd be interested to know what those additional benefits are.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

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FastSRT8
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Postby FastSRT8 » Wed Jun 13, 2012 3:55 pm

That's what most people are saying... but who am I to say? I am the crazy mofo that is paying for Cent's really high fee LOL
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NYC_Dweller
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Postby NYC_Dweller » Wed Jun 13, 2012 8:25 pm

increasing the benefits for the platinum? amex should really look into increasing the benefits for the centurion.

thomaswhitehall
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Postby thomaswhitehall » Thu Jun 14, 2012 1:24 pm

If the benefits make the expense worth it, doesn't matter so much.

If they don't increase the benefits then it's just for pretentiousness. Amex is a great company but other banks are really doing a great job competing with them.

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FastSRT8
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Postby FastSRT8 » Thu Jun 14, 2012 4:27 pm

I called and asked them about that as they just really made the two cards almost identical. They told me in 2 months there will be new benefits which would be industry leading for the Centurion card.

So I will wait and see.....

NYC_Dweller wrote:increasing the benefits for the platinum? amex should really look into increasing the benefits for the centurion.
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DavidNY
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Postby DavidNY » Thu Jun 14, 2012 6:14 pm

thomaswhitehall wrote:If they don't increase the benefits then it's just for pretentiousness.


Amex? Pretentious? You don't say.

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Cyberius
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Postby Cyberius » Thu Jun 14, 2012 8:05 pm

Hopefully it doesn't go up in the US ..

thomaswhitehall
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Postby thomaswhitehall » Thu Jun 14, 2012 8:53 pm

DavidNY wrote:Amex? Pretentious? You don't say.


Hahahaha not at all....



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