Devaluation Amex platinum travel collection devaluation?

[svijayan86]

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

 

[TheCoinCollector]

Definitely if you intend to travel and don’t have pooled points from other Amex cards. Otherwise 24k gold collection is still giving a value of 0.58p per MR point. Validity is usually 360 days from the date of purchase. However had once received

Thanks
how do you get 58 p?

 

[jk51]

Thanks
how do you get 58 p?

If you have MRCC or Gold Charge card whose points get pooled together with that of Plat Travel then you are eligible for redeeming them under 18k/24k gold collection. Under 24k you have an option to get 14,000/- Taj voucher hence 0.58p

 

[Adith]

I'm confused with all the devaluation talks , especially by folks saying this makes them question trifecta.

This change affects users who redeemed taj vouchers from plat travel redemption option while not having access to 18k/24k collection.

For anyone who has mrcc and/or GC or the Trifecta, this change makes absolutely no difference whatsoever. If you were to redeem for taj like me, you won't be bother with the PT's Taj option.

Air india is a good change and postcard which was earlier 10k for 40kMR is now 10k for 20k MR which is a better value proposition. Flipkart also , same as earlier point. For those having access to 18k/24k collection, it made no difference. For those having just PT , yes it's a devaluation.

Note : I'm speaking this from a trifecta user perspective specifically.

 

[jk51]

I'm confused with all the devaluation talks , especially by folks saying this makes them question trifecta.

This change affects users who redeemed taj vouchers from plat travel redemption option while not having access to 18k/24k collection.

For anyone who has mrcc and/or GC or the Trifecta, this change makes absolutely no difference whatsoever. If you were to redeem for taj like me, you won't be bother with the PT's Taj option.

Air india is a good change and postcard which was earlier 10k for 40kMR is now 10k for 20k MR which is a better value proposition. Flipkart also , same as earlier point. For those having access to 18k/24k collection, it made no difference. For those having just PT , yes it's a devaluation.

Note : I'm speaking this from a trifecta user perspective specifically.

There are two kinds of trifecta users:

1. Who have a common pooling account for MR points across cards

2. Who have separate pooling accounts for Plat Travel Collection (Amex Plat Travel) and 18k/24k collection (MRCC, Gold Charge)

This affects people in the category 2

As with regards to new voucher options for Air India and Postcard it’s a personal preference. However practically it means by spending 4 lacs annually one would hardly be able to spend a single night in a postcard property by redeeming 40k MR points for a single 20k voucher. (Avg nightly rates at post card hotel starts at 16-20k exclusive of taxes).

 

[Adith]

There are two kinds of trifecta users:

1. Who have a common pooling account for MR points across cards

2. Who have separate pooling accounts for Plat Travel Collection (Amex Plat Travel) and 18k/24k collection (MRCC, Gold Charge)

This affects people in the category 2

As with regards to new voucher options for Air India and Postcard it’s a personal preference. However practically it means by spending 4 lacs annually one would hardly be able to spend a single night in a postcard property by redeeming 40k MR points for a single 20k voucher. (Avg nightly rates at post card hotel starts at 16-20k exclusive of taxes).

Wait there are folks who don't get their points pooled into a single account? Since when ? Or is it for very old amex accounts ?

 

[jk51]

Wait there are folks who don't get their points pooled into a single account? Since when ? Or is it for very old amex accounts ?

These are generally old accounts. Who secured Plat Travel between 2012 to 2019-20

 

[DarthBrooks]

I cancelled my card after receiving the delivery.

 

[DaDarkkNight]

These are generally old accounts. Who secured Plat Travel between 2012 to 2019-20

But someone here long time back had mentioned that amex resolved this issue and pooled it once you contact them raise the issue on mail. Another thing you can try is deregister all the cards from the account and then add up again starting with gold/mrcc first.

 

[ENIAC]

I was mainly planning it for NPS and rent payments but since I already have a Regalia Gold and Atlas, am doubting my decision now. Also, if I split my expenses on Plat Travel my chances of DCB or infinia become less with my 12-14L annual expense as of last year.

bith atlas and regalia gold has no benefits on NPS or Rent, how are benefiting via them, anyways Amex is not supported for cheaper rent pay options like redgiraffe or rentenpe

 

[nh124001]

bith atlas and regalia gold has no benefits on NPS or Rent, how are benefiting via them, anyways Amex is not supported for cheaper rent pay options like redgiraffe or rentenpe

hdfc counts govt spends and rent under milestone benefits, with rg spend 1.5L in quater to get benefit of 1500rs voucher, dcbm spend 4L in quarter to get extra 10k reward points.

 

[DarthBrooks]

bith atlas and regalia gold has no benefits on NPS or Rent, how are benefiting via them, anyways Amex is not supported for cheaper rent pay options like redgiraffe or rentenpe

Spends on Regalia Gold count towards milestone, became eligible for quarterly benefits, and been good enough spends to request a DCB upgrade, if all goes well. AMEX would have made me pay the fee and may be not reach the 4L milestone.