American Express Raising Annual Fee

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solomon
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American Express Raising Annual Fee

Postby solomon » Sat Feb 15, 2014 10:39 pm

I have been following the forum concerning whether to submit for an American Express Green Card or an American Express Gold Card. In the previous posts, many members have noted that because of the minor differences in annual fee price ($30/year more at the time), that one should just apply for the Gold.

Currently, the annual fee for a Gold Card is $175, where the Green is still $95, which is a $80 difference.

But is it true that there is, again, a purposed raise in annual fee now to $195/year.

My question is: Is it still worth it to pay $100/year more for a Gold Card? Are the benefits on a Gold Card much more outstanding than a Green Card?

From my understanding, a Green Card is 1x points, where as, a Gold Card is up to 3x points on Airlines, 2x on gas and groceries, and 1x on everything else.

http://boardingarea.com/deltapoints/2014/02/04/delta-skymiles-amex-platinum-card-fee-will-increase-195-per-year-1may2014/
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takeshi
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Postby takeshi » Sat Feb 15, 2014 11:17 pm

Worth is always highly subjective regardless of topic. It's up to you to compare the two and determine which suits you best. Many do find the higher earn rate on the PRG to be worthwhile but that doesn't necessarily mean that it will be for you. Neither of them are worth it to me because MR doesn't transfer to anything useful to me. YMMV.

travisrauh
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Postby travisrauh » Sat Feb 15, 2014 11:59 pm

You're thinking of four different cards! I'll list the cards and the annual fees below:

Green Charge Card: $95/year
Gold Charge Card: $125/year
Premier Rewards Gold Charge Card: $175/year
Platinum Delta SkyMiles Credit Card: $195/year starting May 1st

The Platinum Delta card is the only card seeing an annual membership fee adjustment at this time. Hope this helps!
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solomon
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Postby solomon » Sun Feb 16, 2014 1:45 am

travisrauh wrote:You're thinking of four different cards! I'll list the cards and the annual fees below:

Green Charge Card: $95/year
Gold Charge Card: $125/year
Premier Rewards Gold Charge Card: $175/year
Platinum Delta SkyMiles Credit Card: $195/year starting May 1st

The Platinum Delta card is the only card seeing an annual membership fee adjustment at this time. Hope this helps!


Thank you Travisrauh and Takeshi for your response.

I did not realize there was a Premier Rewards Gold Card as well which is $175, compared to standard Gold Card. For future reference for viewers interested: https://www304.americanexpress.com/credit-card/compare/25330?linknav=us-CCSG-ProspectNav-ViewAllCardsFilter

Comparing the 3 cards: https://www304.americanexpress.com/credit-card/compare-cards?p=ctray&pmccodes=784,145,144&eep=25330
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rockyrock
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Postby rockyrock » Sun Feb 16, 2014 8:40 am

I miss the non-rewards Green card. It was a low cost way to carry a classic card, esp. for those of us that do not do MR...
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thom02099
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Postby thom02099 » Sun Feb 16, 2014 10:36 am

There is also the AMEX Senior Gold and Senior Green cards available. While resources indicate it's for folks over 62, anecdotally I've read where people have the card who are not 62 or older.

The Senior Gold is $55-95; $55 for "no frills" and $95 for MR points inclusive
The Senior Green is $35-$75; $35 for "no frills" and $75 for MR points inclusive.

One pays $40 more for the MR points inclusion. Still a bargain compared to the regular Green and Gold.
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Postby AmEx Bear » Sun Feb 16, 2014 5:35 pm

My rent went up. 'Nuff said.
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MemberSince99
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Postby MemberSince99 » Sun Feb 16, 2014 9:08 pm

AmEx Bear wrote:My rent went up. 'Nuff said.



Man I was hoping you'd say you had sprung for a new vacation home and a new trophy wife.



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