Originally Posted by
mudpuppy
According to other threads in this forum, you cannot upgrade from one Amex card to another within 12 months of opening an account. This is reportedly due to the new credit card regulations banning an increase of the annual fee in the first 12 months. So be careful if you plan to get the Gold card this year because you won't be able to upgrade to Platinum or Reserve for 12 months, at which point it may be too late to meet the spend threshold for the extra MQMs.
Right. I remember reading that a couple places as well, but it slipped my mind. Guess the gold now, upgrade to platinum for MQM in Jan. plan is out.
Originally Posted by
MSPeconomist
You're possibly confusing the signup bonuses and the possibility to earn MQMs every year from the DL Plat and Reserve cards based on annual calendar year spending: For Plat, 10,000 MQM for $25,000 or 20,000 for $50,000 and for Reserve, 15,000 MQM for $30,000 or 30,000 MQM for $60,000 in annual spending on that card.
I think I understood that part; I was simply wondering if there was some kind of cap for gold spending to not hurt my chances of getting the 10K MQM bonus at 25K spend on the platinum card. I think I read that for people who had the gold card for a year and were thinking about upgrading. But for me, that is irrelevant since I wouldn't have the full year before a fee increase.
EDIT: Just thought of another idea. What do you all think about getting a Business Gold delta amex now, using it for the benefits and sign on bonus for a few months, and then getting a personal platinum in Dec. or Jan. to get status faster and canceling the gold card before the annual fee kicks in.