American Express Platinum Travel Credit Card Renewal - Opinion

[BucksBunny88888888]

I have renewal coming after couple of days for my American Express Platinum Travel Credit Card. I just spoke with Amex support and they provided me 3 options for renewal benefit. Spent over 7 lacs in last year on my Platinum Travel credit card.

I also hold Amex Platinum Charge Card.

1. Discount of 50% on renewal fee that I end up paying 2900 Rupees, No Reward Points offered.
2. Pay full fee 5900 Rupees and get 10000 Amex Reward Points.
3. Pay 10000 Amex Reward Points from my Existing Reward point balance for full fee waiver of 5900 Rupees.

I think option 2 is better, interested to know your option and thoughts. They are not ready to negotiate beyond above 3 options, I tried my best.

Looking forward to hear from you guys.

Cheers!

 

[Swastik]

Amex is giving out complex mathematical and philosophical problems to people 😂🤣

 

[BucksBunny88888888]

Amex is giving out complex mathematical and philosophical problems to people 😂🤣

That’s why I said, whoever created this complex renewal benefits should be beaten with shoes 👞👞👞

 

[coolguy1]

Amex is giving out complex mathematical and philosophical problems to people 😂🤣

Better to have such problems than having no options and getting your wallet chopped by 🪓🪓🪓 bank.

 

[BucksBunny88888888]

BTW I am very upset with recent 10% fee hike on Platinum Charge Card along with Devaluation 🤬🤬

 

[NeoOnWheels]

Even American express would prefer that you pay 5900 & get 10k points because they are creating millions of points out of thin air, without any control or limit; and trying to exchange it for real money!

If you can use those points to buy vouchers, its AMEX converting those points into real voucher value (May be discounted value for them). So its not totally out of thin air. Its true only until you use those points to buy vouchers.

 

[BucksBunny88888888]

If you can use those points to buy vouchers, its AMEX converting those points into real voucher value (May be discounted value for them). So its not totally out of thin air. Its true only until you use those points to buy vouchers.

Yes, I will be using those points for Taj or Marriot for next upcoming trip to Goa..

 

[kesarkarshri]

Amex is giving out complex mathematical and philosophical problems to people 😂🤣

Game theory at play

 

[HOME_CARDER]

Hey guys, just an update. My Amex Platinum travel card renewal was due on November, so I called them to review the options available. Here’s what they offered:

1. 50% off the annual fee.
2. Use 10,000 MR points to get a full annual fee waiver.
3. On the first call, they also gave me a spend-based waiver—spend ₹1,90,000 in the next three months, annual fee will be refunded, and it will count towards milestone benefits.

My card spend was minimal, around ₹4 lakh, just to hit the milestones and unlock the benefits. I was surprised to get the spend-based waiver offer right away on the first call!

 

[Bhavik567]

If you complete 4 lakh spend milestone on you travel card in first 2 months, can you close it and reapply after 90 days? Does the 4 lakh milestone restart that way?

 

[Deleted member 28936]

If you complete 4 lakh spend milestone on you travel card in first 2 months, can you close it and reapply after 90 days? Does the 4 lakh milestone restart that way?

Do this third time and you will be blocked from Amex.

 

[Swastik]

Do this third time and you will be blocked from Amex.

Is this been reported by anyone ?!
Genuinely curious 😅

 

[ManojGowda]

Hey guys, just an update. My Amex Platinum travel card renewal was due on November, so I called them to review the options available. Here’s what they offered:

1. 50% off the annual fee.
2. Use 10,000 MR points to get a full annual fee waiver.
3. On the first call, they also gave me a spend-based waiver—spend ₹1,90,000 in the next three months, annual fee will be refunded, and it will count towards milestone benefits.

My card spend was minimal, around ₹4 lakh, just to hit the milestones and unlock the benefits. I was surprised to get the spend-based waiver offer right away on the first call!

what'd you choose?

 

[HOME_CARDER]

what'd you choose?

spend-based waiver—spend ₹1,90,000 in the next three months, annual fee refunded and accounts for milestone benefits.

 

[HOME_CARDER]

Do this third time and you will be blocked from Amex.

Yeah, I've heard the same. I've also heard there's a 6-month waiting period before you can reapply for the same card after closing it. Not sure if it's true, though.

 

[coolguy1]

Yeah, I've heard the same. I've also heard there's a 6-month waiting period before you can reapply for the same card after closing it. Not sure if it's true, though.

90 days waiting.

Messing around with AmEx isn't wise, better to stay in their good books. 🙂

 

[helloworld]

what'd you choose?

Might help (Return slightly changes but not much) to get better idea between options: https://www.technofino.in/community...ard-retention-offers-are-they-worth-it.14690/

 

[abhinav2020]

Will be trying this out next month, My renewal is in the month of January