This card is getting more attractive for me. I reckon that 50% of my annual card spend (excluding tax payments) is travel and grocery, which I could move from my BMI Mastercard over to the new Amex. I would still get 2 BMI miles per £1 (if I moved the MR points to BMI) with the added flexibility of being able to move them elsewhere if Diamond Club does disappear / merge / morph in a way I don't like.