This is horrible news, but it was bound to happen. I sorely miss CX Diamond already and really the only thing I benefit from these days is the odd free hotel night here or there and an occasional restaurant booking that I could not have gotten otherwise. Hardly value.
I'm assuming no word on them dropping the Foreign Transaction Fees either?? This is the biggest disappointment for me and has me not putting barely a dime on the card since I am overseas so often nowadays.
One little tip that the UK team does not do a good job publicizing: all the Fine Hotels & Resorts Third Night Free and Fourth Night Free offers extended to U.S. cardmembers also apply. Just used a Third Night Free offer a couple weeks ago and saved $800. (Subscribe to Tom's
FHRNews to get the regular updates on these offers.)