Showing 4 posts tagged Credit cards
It has been a week since I received my American Express Platinum card, and I am liking the card more than I expected. Normally this is not a credit card that I would consider applying given the high annual fee, but the 100,000 Membership Rewards bonus points after $3,000 spending and the potential to travel on Singapore Airlines’ premium cabin are just too good to pass up. And the benefits that came with the card makes me want to actually keep the card beyond its first year. Below is what I like (and don’t like) about the card.
- After receiving approval, the card was overnighted to me the next business day without my asking. Minimal waiting time in getting the card.
- Access to American Airlines and Delta lounges when flying with same day ticket, and entry to US Airways lounges any time.
- $200 in statement credits for airline incidental fees every year(can possibly be used to buy airline gift cards). Milevalue has step-by-step directions on how to accomplish this.
- $100 Global Entry application fee reimbursement. I just applied for mine and am waiting to hear back. Having an expedited U.S. immigration clearance line is totally worth the one-time application.
- Instant Starwood Preferred Guest Gold status. This is normally achievable after completing 10 stays or 25 nights in a year. Gold member gets 3 starpoints per dollar spend, 4pm late checkout, possible enhanced room upgrade at check-in, and welcome gift with each stay. This will certainly entice me to book Starwood properties whenever I can.
- Car rental privileges with Avis, Hertz, and National.
- When booking hotels through the Fine Hotels & Resorts program using Amex Platinum, members get free breakfast for two, room upgrades, 4pm late checkout, and spa credits.
- No foreign transaction fee. But American Express are not widely accepted outside the U.S.
- Good customer service over the phone. Phone reps were courteous and patient in my experience.
The Not So Good:
- $450 annual fee, not waived the first year. But the yearly $200 airline credits and $100 Global Entry reimbursement somewhat decrease the blow.
- Not aesthetically pleasing. The card feels cheap and dated despite its platinum status and high fees. The Chase Sapphire Preferred card feels much more substantial and has a more attractive design.
- American Express not accepted everywhere. This makes fulfilling minimum spend requirements just a little tougher.