End of Fidelity AmEx Platinum (& Gold)?
Mar 15, 2007, 10:09 pm
#49
Join Date: Jul 2006
Posts: 10
I am considering using Ameriprise where there is no annual fee for the Platinum Card and also no annual fee for one for your spouse...
http://www.ameriprise.com/amp/indivi...um-service.asp
Why is the discounted Fidelity better than the free Ameriprise ?
http://www.ameriprise.com/amp/indivi...um-service.asp
Why is the discounted Fidelity better than the free Ameriprise ?
Mar 15, 2007, 11:29 pm
#50
Join Date: Jun 2006
Programs: SPG Plat, Ritz Carlton Plat, Hyatt Diamond, DL Diamond, UA 1K, Hertz President's Circle
Posts: 222
I am considering using Ameriprise where there is no annual fee for the Platinum Card and also no annual fee for one for your spouse...
http://www.ameriprise.com/amp/indivi...um-service.asp
Why is the discounted Fidelity better than the free Ameriprise ?
http://www.ameriprise.com/amp/indivi...um-service.asp
Why is the discounted Fidelity better than the free Ameriprise ?
Mar 16, 2007, 7:43 am
#51
Join Date: Mar 2005
Location: Chicago, IL
Programs: AA Exp, SPG Plat 100
Posts: 54
My Fidelity American Express Platinum application was approved as of this morning. Pretty quick turn around.
I think the Fidelity card is a better deal than Ameriprise because Ameriprise charges alot of fees for things that Fidelity does not. With Fidelity you need a $5,000 minimum balance to apply for the card and that is the only requirement. I believe Ameriprise requires you to have $500,000 with them and on top of the fees it would probably cost more. Fidelity has no minimum balance fees or low balance fees and is very competitive if you have over $50,000 with them.
I think the Fidelity card is a better deal than Ameriprise because Ameriprise charges alot of fees for things that Fidelity does not. With Fidelity you need a $5,000 minimum balance to apply for the card and that is the only requirement. I believe Ameriprise requires you to have $500,000 with them and on top of the fees it would probably cost more. Fidelity has no minimum balance fees or low balance fees and is very competitive if you have over $50,000 with them.
Mar 17, 2007, 2:14 am
#52
Join Date: Jun 2002
Location: California USA
Posts: 652
Clarification- There is a minimum of $500K to have a Platinum Advantage Program, which intitles you to a free Platinium Card. But you can have a Personal Advantage Program Account ($500 minimum) and get a free Gold Card or a Platinum Card with a discount of $75 from the annual fee.
Mar 17, 2007, 11:35 am
#53
Join Date: Mar 2005
Location: Chicago, IL
Programs: AA Exp, SPG Plat 100
Posts: 54
Clarification- There is a minimum of $500K to have a Platinum Advantage Program, which intitles you to a free Platinium Card. But you can have a Personal Advantage Program Account ($500 minimum) and get a free Gold Card or a Platinum Card with a discount of $75 from the annual fee.
Mar 21, 2007, 9:36 pm
#54
Join Date: Apr 2002
Posts: 65
Given the new excise tax on converting reward points into miles, I am trying to figure out whether I should redeem all miles or figure a way to economize on the many fees charged by AMEX. Does anyone know whether I can apply/receive a Fidelity Gold Card (at no fee), transfer my Membership Rewards points into the new Fidelity AMEX account, then cancel my existing Green AMEX card?
Mar 23, 2007, 8:48 am
#55
Join Date: Mar 2005
Location: Chicago, IL
Programs: AA Exp, SPG Plat 100
Posts: 54
I think there is a $45 charge to add Membership Rewards to the Fidelity Amex Gold and Platinum cards. I'm not sure if you would be able to move your points over though I don't see that being a problem.
Apr 5, 2007, 7:38 pm
#56
Join Date: Feb 2003
Location: Khyber Pakhtunkhwa
Posts: 1,929
Since the free Fidelity Gold doesnt include Membership Rewards, once you cancel the Green AMEX you would have to pay a $40 "linkage" fee to add Membership Rewards capability to the free Fidelity Gold.
Last edited by Alcibiades; Apr 5, 2007 at 8:00 pm
Apr 6, 2007, 10:42 pm
#58
Join Date: Mar 2007
Posts: 11
Clarification- There is a minimum of $500K to have a Platinum Advantage Program, which intitles you to a free Platinium Card. But you can have a Personal Advantage Program Account ($500 minimum) and get a free Gold Card or a Platinum Card with a discount of $75 from the annual fee.
Apr 7, 2007, 2:06 am
#59
Join Date: Jan 2007
Posts: 206
Actually you do. But with 500$ you wil have to pay quarterly fee of 20$ i.e. 80 pa, hence it will end up being the same!
Apr 7, 2007, 4:17 pm
#60
Join Date: Jan 2007
Posts: 206
So I fianlly opened the fidelity account and applied to the amex plat card by going through the apply for a visa check card and then amex deffered debit yesterday. I got a message saying that fidelity will forward the application to amex. I did not have to fill a thing (?). I checked the amex check status page today and nothing 
does any one have recent experience with the whole procedure? I will update if and when I get the plat.
does any one have recent experience with the whole procedure? I will update if and when I get the plat.