I broke down and got the Platinum

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
DoingHomework
Centurion Member
Centurion Member
 
Posts: 707
Joined: Tue Sep 22, 2009 1:15 pm
Location: Arizona

Postby DoingHomework » Wed Nov 25, 2009 10:03 am

Yes, that is what I have found. It is bizarre that you can have a joint account for a platinum but they will only give you one card unless you pay extra for the second.

The gold card is now $175 a year. I also pay $50 a year for Hertz #1, which I use. (And I made reservations this morning for a rental car over the holidays. I first tried to get a quote as a guest (anonymous) then logged in as me with my #1 gold number. The rate I was quoted was about $90 less as the gold member so I save my annual fee right there).

Anyway, at $175 for gold + $50 for Hertz I am at $225 a year already. That is half the cost of the platinum already so it takes very little in incremental perks that I use to make it worthwhile. A companion ticket every 3-4 years would be enough.

But having to pay extra for a card for my wife is just plain wrong to me.


Extreme z28
Green Member
Green Member
 
Posts: 14
Joined: Wed Jan 07, 2009 5:48 pm
Location: Los Angeles

Postby Extreme z28 » Wed Nov 25, 2009 10:23 am

Floppster wrote:You have the following option
$175 for up to 3 additional Platinum cards
$175 for each additional card after 3 cards.

$45 for up to 5 additional gold cards
$45 for any additional gold card after the five

Unless you really know how to use all the goodies it doesn't make sense to get a platinum. Stay with green or gold. If you travel more than 3 times a year the features often pay for themselves especially when it comes to airport club access (if you generally do not fly first class) and hotel upgrades.


Floppster is correct. I actually have 2 extra Platinums for my wife and my mom. Honestly the Platinums for the family members are not necessary and you can get along just fine with the golds as long as your wife is ok with it lol.

User avatar
Mogul of Pineapples
Centurion Member
Centurion Member
 
Posts: 1271
Joined: Sun Jun 01, 2008 11:32 pm
Location: Smogland

Postby Mogul of Pineapples » Mon Nov 30, 2009 1:53 am

Extreme z28 wrote:Floppster is correct. I actually have 2 extra Platinums for my wife and my mom.


Just give the wife the old Green card and keep the Platinum/Centurion for yourself.

;)
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred

DoingHomework
Centurion Member
Centurion Member
 
Posts: 707
Joined: Tue Sep 22, 2009 1:15 pm
Location: Arizona

Postby DoingHomework » Mon Nov 30, 2009 2:23 pm

Mogul of Pineapples wrote:Just give the wife the old Green card and keep the Platinum/Centurion for yourself.

;)


Yeah, that would go over well!

User avatar
Mogul of Pineapples
Centurion Member
Centurion Member
 
Posts: 1271
Joined: Sun Jun 01, 2008 11:32 pm
Location: Smogland

Postby Mogul of Pineapples » Sun Dec 13, 2009 11:13 pm

DoingHomework wrote:Yeah, that would go over well!


Ha! Well a Platinum/Centurion is simply too dangerous in a wife's purse!
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred

DoingHomework
Centurion Member
Centurion Member
 
Posts: 707
Joined: Tue Sep 22, 2009 1:15 pm
Location: Arizona

Postby DoingHomework » Mon Dec 14, 2009 2:09 pm

Mogul of Pineapples wrote:Ha! Well a Platinum/Centurion is simply too dangerous in a wife's purse!


Of course! That explains it.

I'm adding up and reading about the value of the platinum and it is beginning to sound more attractive. I'll use the gold for a couple of years then maybe upgrade before the next big international trip if they still offer the perks they do now.

So far I've heard some of the things they offer include travel medical insurance that actually covers accidents or evacuation for scuba diving - we are divers and pay about $100 a year each for this. It's debateable if this is necessary etc but it is a good idea since even a minor diving accident can be seriouslyexpensive and not always covered by other insurance. I need to look into this though.

$50 savings on Hertz Gold which I usually pay. For what it's worth this saved me $200 on an upcoming rental over the holidays so I know it is worth it.

Their rewards are good - even though it is only 1% + 2% on groceries +3% on airfare, you get a 25% bonus when transfering them to miles on an airline. Since that's what I use most of my points for I consider that a valuable bonus.

All in all as much as I hate paying $450 a year AND paying another $175so my wife can have one too, the platinum is sounding pretty attractive and I find very few complaints about it.

Dl767captain
Green Member
Green Member
 
Posts: 5
Joined: Tue Oct 12, 2010 7:27 pm
Location: Encinitas California

Postby Dl767captain » Tue Oct 12, 2010 8:24 pm

My dad has the platinum card and I've got the gold, the only real difference to us that makes the platinum card worth it is the access to the airline lounges. Since I'm the one that travels all the time I'm fortunate enough to have his first name as my middle name which lets me use the platinum card to get into lounges which is very nice. Other than that I don't really see the benefit of going to platinum instead of gold.

gangof4
Green Member
Green Member
 
Posts: 12
Joined: Tue Jun 22, 2010 8:26 pm
Location: Dallas

Postby gangof4 » Wed Oct 13, 2010 7:17 pm

When you say you upgraded from green to platinum, does that mean you no longer have a green account because it was replaced by platinum or does it mean you now have two accounts--one green and one platinum? If the platinum replaces the green and the green is no longer valid, does the platinum have the same account number?

User avatar
Mogul of Pineapples
Centurion Member
Centurion Member
 
Posts: 1271
Joined: Sun Jun 01, 2008 11:32 pm
Location: Smogland

Postby Mogul of Pineapples » Wed Oct 20, 2010 8:42 pm

All in all as much as I hate paying $450 a year AND paying another $175so my wife can have one too, the platinum is sounding pretty attractive and I find very few complaints about it.


I feel with the annual fee, you have to either travel frequently or be spending six figures a year on the card to be worth it. There is a point for sure where the benefits used make the annual fee worth it, but most won't reach that.

I could see why DoingHomework's situation could make sense. Where do you buy your trip insurance through now, Travel Guard?
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred

ronnieloo
Gold Member
Gold Member
 
Posts: 28
Joined: Tue Jan 04, 2011 1:10 am
Location: santa barbara

Postby ronnieloo » Tue Jan 04, 2011 8:53 pm

why would anyone in their right mind pay 450 for this. it is not worth it any way you cut it. there are completely free credit cards that gives many of the same benefits!



Return to “American Express”

Who is online

Users browsing this forum: No registered users and 1 guest