Devaluation Amex platinum travel collection devaluation?

[svijayan86]

Can someone help me understand below email..it seems like a devaluation

 

[GG21]

They have removed flipkart from redemption via voucher while Taj voucher now needs more rewards. 1 reward value reduced to 40 paisa from 50 paisa

 

[tapishj]

First Marriott 30% bonus offer didn't come this year end. Now this.
Is it bye bye Amex time?

 

[jk51]

Can someone help me understand below email..it seems like a devaluation

Yes it’s a super deval for Plat Travel users who used it for voucher redemption for Taj and Flipkart.

Taj - 0.50p per MR point Earlier, Now 0.4p per MR Point

Flipkart - 0.30p per MR point earlier, Now 0.22p per MR point

Instead they have introduced Postcard vouchers @ 0.50p per MR point and Air India Voucher @ 0.30p per MR point

 

[lijov]

Banks always start devaluation when the rewards become unsustainable..😔

 

[malavkarkar]

Devaluation for Taj users, good news for Postcard and Air India users, no change for Marriott users.

 

[nh124001]

Yes it’s a super deval for Plat Travel users who used it for voucher redemption for Taj and Flipkart.

Taj - 0.50p per MR point Earlier, Now 0.4p per MR Point

Flipkart - 0.30p per MR point earlier, Now 0.25p per MR point

Instead they have introduced Postcard vouchers @ 0.50p per MR point and Air India Voucher @ 0.50p per MR point

20k MR = 6k air india voucher, how come 50p per MR?

 

[jk51]

20k MR = 6k air india voucher, how come 50p per MR?

It’s a typo changed value as per mail value.

 

[6ix9ine]

CC: @HumorSimpson

 

[jk51]

Devaluation for Taj users, good news for Postcard and Air India users, no change for Marriott users.

Even for Post card users the sheer amount of voucher requirement in order to qualify for a fully paid stay is enormous in terms of points (where stay usually starts at 18k onwards). I would say the choice of new partner is not commensurate with that to the old one considering value.

 

[kjain]

So the mariott transfer is still there or removed?

 

[manumaniac]

Looks like will have to cull out the Top card from the Trifecta. Was pondering over removing it last year, but it seems it is of now use now !
I majorly use it for Taj Vouchers to cover my 1 Luxury Travel of the year ... Loosing 4 K Per year !

 

[jk51]

First Marriott 30% bonus offer didn't come this year end. Now this.
Is it bye bye Amex time?

For those who were primarily using it for voucher redemption (like me) I think yes they need to evaluate whether it makes sense to keep the card now onwards or not. The thing is Amex Plat Travel is integral to Trifecta hence if you close it then collective value derived from other cards as well take a direct hit as well. So it turns out one might need to change the entire ecosystem then.

 

[jk51]

So the mariott transfer is still there or removed?

No change to transfer partners or it’s value.

 

[jk51]

Looks like will have to cull out the Top card from the Trifecta. Was pondering over removing it last year, but it seems it is of now use now !
I majorly use it for Taj Vouchers to cover my 1 Luxury Travel of the year ... Loosing 4 K Per year !

Yes I am now evaluating three options:

1. Either to replace Amex Plat Travel with other Amex card to maintain trifecta.

2. To continue with Amex Plat Travel and solely use it for once in a while transfer To Mariott.

3. To entirely get out of Amex Trifecta by closing Amex Plat Travel and Amex Gold Charge.

1st option is dicey as there’s no direct replacement in terms of milestone card from Amex Stable for Plat Travel.

2nd option is difficult in my case as I’ll be sitting on a pile of points awaiting redemption. Also it doesn’t help that I opt for Gold Collection redemptions from other cards hence overall points required for a good stay shall take a while to accumulate solely from Plat Travel.

3rd option seems the most feasible but entails getting out of Amex Trifecta keeping only MRCC of occasional offers. Shall have to revert back to cashback cards.

 

[malavkarkar]

Even for Post card users the sheer amount of voucher requirement in order to qualify for a fully paid stay is enormous in terms of points (where stay usually starts at 18k onwards). I would say the choice of new partner is not commensurate with that to the old one considering value.

Postcard hotels just don't make sense to me in the first place. Extremely limited footprint, and on top of that there would be availability issues since their hotels have what, 9 rooms on average? You have to be a die hard fan to redeem anything here.

 

[jk51]

View attachment 88088
CC: @HumorSimpson

Indeed 😅 it is

 

[drsel]

1:1 Marriott Bonvoy is the only worthwhile option left

 

[ccdc]

entire ecosystem of finfluencers and others just took a major hit....abhi kaun lega amex referrel se....aur hum log apni foreign/luxury trips ko kaise fund karenge....

 

[darthvader1]

And plus no 1500x4 for MRCC at Gyftr 🙃