It's clear this card is "targeting" semi-frequent-flying non-elites who want "Bronze Elite" status and lounge access at the equivalent of elite prices, which suits me fine. The abject loss of the elite 25% bonus is a slap in the face to elites. Sorry, friends. At least there's no mention of FEQMs ceasing after $25,000 spend.

RNE, addressing elite card holders, "Get out your scissors."

P.S. Don't think you've heard the last of the changes. Nothing ever stays the same. Not for long, anyway.