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Amex Platinum does not feel premium: What am I missing?

118 303 February 6, 2023 at 04:51 PM in Finance (2)
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I am going to call to end this card on Saturday. Is there some reason I should hesitate?

I used to love it, and I've had the card since 2010.

It feels different lately. The travel benefits have been watered down. Too many caveats, not enough convenience. The lounges I used to love are largely closed, or depreciated by better lounges. Centurion lounges are not what they used to be (JFK is a shadow of the former). Yes it gives TSA and Clear, but many other good options do as well.

There are the non-travel benefits as well, but these are hit or miss at best, and generally seem complex to actually utilize. Also, they in no way offset the considerable cost.

Finally, customer service is not great. Concierge is not able to offer many of the things they once did at a call, and would usually like you to go to their website to enter your details. That absolutely misses the point. Booking with points website is buggier than ever (and it always has been a bit), and the travel agents you could once call have been replaces with "travel representatives" that are useless. Automated answering has replaced getting a human if you call. The app is no replacement.

Insurances are watered down, and additional paperwork added for them all. Even challenging a charge, once a simple call, now requires a web form plus the usual BS.

In general, this card no longer feels "premium" to me. What will I miss most? At present, I think the answer is Walmart Plus.

Is there something I'm missing?
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alanmax
02-06-2023 at 05:16 PM.
02-06-2023 at 05:16 PM.
You summed it up perfectly.
Just not worth it any more.
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jjoseph13
02-06-2023 at 05:44 PM.
02-06-2023 at 05:44 PM.
FHR credit is really worth it!!!
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fjfjfj
02-06-2023 at 06:41 PM.
02-06-2023 at 06:41 PM.
Totally agree. You aren't missing anything.
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Joined Apr 2011
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slitel
02-06-2023 at 09:54 PM.
02-06-2023 at 09:54 PM.
Held the card for almost 20 years and it might not make.it to drinking age.

Everything you said is true. It's a dime a dozen. Expensive annual card. I once bought a 40k car on my platinum card in the early 2000's. Once had my card compromised on other side of the country to the tune of 28k. They called me on a Saturday to ask me if it was me and delivered to my house late Sunday a new card.

Wonder what would happen today.

Member since 40+ years!
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PX4shooter
02-11-2023 at 07:45 PM.
02-11-2023 at 07:45 PM.
And no more "2 free guests" at the lounge. Anyone besides the card holder is $50. So, spouse, kids, etc. are no longer included.

Only good thing is they are finally opening up the lounges to ALMOST pre-covid hours.
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AutoEnthusiast
02-12-2023 at 07:00 AM.
02-12-2023 at 07:00 AM.
Quote from PX4shooter :
And no more "2 free guests" at the lounge. Anyone besides the card holder is $50. So, spouse, kids, etc. are no longer included.

Only good thing is they are finally opening up the lounges to ALMOST pre-covid hours.
Where/when? 3 of us were not questioned at LGA this January
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Apricot417
02-14-2023 at 04:27 PM.
02-14-2023 at 04:27 PM.
Quote from AutoEnthusiast :
Where/when? 3 of us were not questioned at LGA this January
Feb 1st I think
ā€‹
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Joined Jan 2008
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dirtrat
02-15-2023 at 02:01 PM.
02-15-2023 at 02:01 PM.
I love this card and have easily reclaimed way more than my annual fees this last year, but I have done lots of international travel. If you don't utilize most of the benefits, then this card isn't for you. I would suggest going to the flyer talk forums to look into taking advantage of everything. I'm a solo flyer so the lounge restriction isn't an issue for me and is actually a plus!
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desitoyota
03-14-2023 at 04:42 AM.
03-14-2023 at 04:42 AM.
Quote from Apricot417 :
Feb 1st I think
ā€‹

Look into Venture X Card. If you need more info PM me
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kevindar
03-22-2023 at 10:24 PM.
03-22-2023 at 10:24 PM.
I get it for free via morgan stanley
I used it for the 20 dollars in disney credit, Free walmart plus membership, free tsa, free 200 credit towards a hotel. I have used the saks fifth ave credit, as well as other amex deals. I hardly spend money on it though, b/c I dont think the points are worth much. but I am getting a lot of free benefits for no money. would I personally pay the 750 membership fee? no.
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CoralStove832
03-25-2023 at 12:04 AM.
03-25-2023 at 12:04 AM.
You are right!
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jayscb1
04-15-2023 at 02:43 PM.
04-15-2023 at 02:43 PM.
Quote from jjoseph13 :
FHR credit is really worth it!!!

What's FHR credit?
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FufuHo
04-16-2023 at 02:10 PM.
04-16-2023 at 02:10 PM.
Quote from jayscb1 :
What's FHR credit?

Fine Hotels & Resorts, a program which gives added benefits when booking through Amex travel. Experience Credit, late checkout, room upgrades, etc.. There's also THC, The Hotel Collection.
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