- Centurion Member
- Posts: 106
- Joined: Wed Apr 03, 2013 3:16 am
- Location: nyc/ny
the point system on the platinum card sucks now. i mentioned this on another thread, but my employer used an amex platinum to book a hotel for me for two nights in Miami. the cost of the room for two nights was $700 but AmEx took 100k points to book it. total rip off.
and to add insult to injury they killed off the reward point mall. so no more 2x to 10x points for shopping online. if you are looking for points to use towards travel, the amex platinum is totally worthless in that respect. Chase's UR points rack up faster and are worth more (from my recent experiences) than AmEx points.
having said that, the amex platinum is good for travelers because of the lounge access and airline fee credits. and that makes the fee worth it. the other services i never used on the platinum so i can't say much about them, except that even some fee-less credit cards offer same or similar services now (ex: travel insurance, purchase protection, etc).
Junk I use:
AmEx Platinum for Mercedes Benz from, 75k spending ability
AmEx Everyday 8.99% + Prime, 44k CL
Chase Ink Bold, 35k
Chase Freedom (Converted from WaMu VISA) from '07, 5.99% + Prime, 30k CL
Junk I don't use
BoA Susan G. Komen Cash Rewards (converted from World Points MC) from '07, 7.9% Fixed APR, 30k CL
Discover IT (Converted from Discover More) from '08, 5.74% + Prime, 20k CL
AmEx Clear from '07, 4.99% + Prime, 10k CL
All 3 credit scores are over 800.