Originally Posted by
TMM1982
However, in order to keep the card past 1 year, the current benefits are not satisfactory. Many, many, many people will do exactly as I did with the card, and then cancel. It's in AMEX's best interest to improve the card benefits so people don't cancel so easily.
The total number of Platinum cardholders grows nearly
10%/year. I'd surmise that many, many, many people do not do exactly as you did. Plus, with the new once in a lifetime signup bonus, they'd be fools if they did.
I have no idea what new benefits AmEx is going to add to the Platinum AmEx, but it is hardly an unpopular card as it stands now.