FlyerTalk Forums - View Single Post - UK Platinum increase to £450 (July 2012)? What new benefits?
Old Apr 22, 2012 | 6:47 am
  #101  
redshift27
15 Years on Site
 
Join Date: Apr 2006
Location: MAN
Programs: F
Posts: 2,898
Originally Posted by tangey
By the way, the new CX "benefit" is still only being stated for 1 year, as is Hilton gold. If like me you already got these, then my Hilton status will run out shortly, and my CX will run out in 4-5 months.
Amex CSR have explicitly said that the CX Gold is a recurring benefit (but Hilton not). Clearly the website has not been fully updated.

Assuming a low average of £5k p.a., and a told guess at 3% commission, Amex could be losing £450 per customer lost. I think the break even point is more like 25%.
Way too low a figure I think. I would guess average spend is 25-50k pa across all Plats.
redshift27 is offline