Platinum Upgrade Offer

[alphamagnus]

I filled up the application form for the Platinum Upgrade offer. I am being asked to send Aadhar and PAN over email. Is it fine?

 

[yashbhavnani]

@BestBanker is this the best Amex is doing to retain or can we negotiate for more?

 

[theglobalinvestor]

I believe these renewal offers are system generated and can change from day to day. At least this is how it works for US. Not sure how things work here.

 

[theglobalinvestor]

@anirban.choudhury @theglobalinvestor ya that sounds about right.
Actually, they offered another option to go for 5900/- per month as fee instead of lump sum payment without any other benefits and I am thinking to go for that as I have around 48k vouchers + 10k bonus points expected by the end of month of May/June ‘23 for targeted spend based offers of January to March ‘23.
I ll close the card after that. So, ideally I ll be further spending 5900/- or 11800/- to just keep the card going till the previous offers are fulfilled.

Oh so you lose any pending bonus rewards points if you cancel? Even if you have other amex cards to keep your account active? Then its a losing proposition as amex takes 4-6 months to credit any bonus rewards. I still haven't received any of the reward multiplier bonuses for spends in Dec.

 

[yashbhavnani]

Oh so you lose any pending bonus rewards points if you cancel? Even if you have other amex cards to keep your account active? Then its a losing proposition as amex takes 4-6 months to credit any bonus rewards. I still haven't received any of the reward multiplier bonuses for spends in Dec.

Yes, it’s their in every offer’s tnc that if the account is closed, inactive or delinquent at the time of fulfilment then the benefits will not be awarded.

 

[theglobalinvestor]

Can you downgrade to another card like the gold charge? Or does that need to be a fresh independent application?