FlyerTalk Forums - View Single Post - Put a fork in it 5.1.2014: One bonus per personal card per person "lifetime" [USA]
Old Mar 12, 2014, 12:14 pm
  #39  
Dieuwer
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Join Date: Aug 2005
Location: BOS
Posts: 15,027
Originally Posted by Strawboy1230
The point is that the Amex Platinum really, really, really isn't worthwhile for the average, everyday consumer. It's only good if you fly a lot, and enjoy lounges...a lot. Other than that, there is absolutely 0 reason to get the Amex Platinum. There's BARELY any reason to get any Amex cards now (or say...the last decade). The signup bonuses are so-so at best, the cards aren't churnable, and the benefits they provide are meager.
With many airline lounges dropping the Platinum entirely, Chase and other bank signup bonuses FAR surpassing the that of Amex's, and the fact that Amex is finally desperately scrambling to find a way to catch up (see Everyday Cards released recently), TOPPED off with the fact that Amex cards are officially no longer churnable May 1st of this year, I really don't see any reason to get any Amex card anymore.
It's just ridiculous and insane to see a credit card company that was so on top of their game into the early 2000's devolve and implode so easily. Meanwhile other banks like Chase are absolutely crushing it.
Thanks to management greed?
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