I have held the non-Delta AMEX Platinum card (learn more and compare) so I cannot get the new card bonus again. Currently I hold the non-Delta AMEX Platinum business card (learn more and compare). I love the latter because it brings me so much value and under a number of circumstances it gives me WAY more value than SkyMiles. It also gets me access to the Centurion lounge network that I enjoy visiting along the way as well as 10 Gogo passes that I can even use internationally when I fly Delta. These two perks alone make the business card worth the fee to me. Toss in the chance to very simply get $200 off Delta flights each year and the card is a no-brainer to hold. But as mentioned, I do not hold BOTH the personal and business versions. That, it seems, is about to change for me with the new perks on are on the way.
Per TPG learn that a number of new real features are coming by the end of the month including:
- $200 UBER credits (via $15 January through November and $35 during December)
- 5x Membership Rewards points for “eligible” hotels if booked via AmexTravel.com
These are the “real” changes but also another real change is the fee going from $450 to $550. So is it worth it? If you ride UBER each month and you book and pay for hotel rooms (I do both each month) the card now, even with the price jump, all of a sudden has become one to hold >>>IF<<< the eligible hotels are just about all hotels and the prices are similar to those I find starting at TopCashBack and then going to whatever site pays me the most money back. We shall see on this one!
I have NOT been attracted to the 5x points earnings for flights because I like the Chase Sapphire Reserve card travel protection if your flight is delayed more than 6 hours or overnight. Thus I have used that to pay for most of my Delta tickets (even if just the taxes etc.). Even if I do get the AMEX Platinum card again I doubt that will change unless AMEX includes a similar protection.
Bottom line is simply this – I now see enough value to hold both cards rather than just the business one. Since I use UBER monthly my personal net cost to hold this card, even after the price jump, is now only $150 per year after the $400 in credits I will extract. I will be embracing booking most of my hotel stays, if they qualify, at AmexTravel.com and then use those points booking via my AMEX Platinum business card to get 35% points back.
For others this could be a deal breaker. Reports are if you get the card NOW you get a year at the lower $450 fee. After that, for some, simply holding the AMEX Platinum business card (learn more and compare) may be the smarter move vs. paying the higher fee.
What do you think? Are you, like me, reconsidering the AMEX Platinum personal card now or are the new perks not worth the new higher fee to you? Are you going to switch and get the business card for the lower fee and it’s perks instead? – René
UPDATE: Now the above confirmed on AMEX PR site.
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