Originally Posted by
Diplomatico
Good lord, I hate this forum. Blah, blah, blah.
This should be the FT slogan!
Originally Posted by
Adelphos
On the topic of multiple Platinum cards, it was somewhat possible to justify a regular platinum and. Charles Schwab platinum if you could fully maximize the Uber and Saks credits (which I could). However I cannot fully maximize basically any of the new credits on two cards (for example Equinox and digital credits are worthless on the second card), and Schwab devalued anyway, so two Platinums no longer make sense. I will likely downgrade the vanilla Plat back to Gold.
Agree. Last year I held both the Vanilla and CS Platinum cards and it worked out well. Honestly it was pretty easy to make use of double Uber/Saks/Airline credits because they're not necessarily duplicative of one another.
I would say that, unless you were already doing a lot of luxury travel, two FHR credits are duplicative. FHR is "forced spend" for me. I wouldn't normally book at FHR because it seems like you have to be lucky to catch rates in the <$500/night range. If I can stay at another decent non-FHR property for <$250/night, then under normal circumstances that's where I am going. FHR properties are very nice and all of the perks are nice enough that I am not bent out of shape about it, but it is not money that I would have otherwise spent.
Two entertainment credits are also pretty tough to justify. I make good use of Audible with my commute and actually pay for the 2 credit subscription tier. Maybe I could make a second audible account but I don't think I consume books fast enough to consider that plan. While I appreciate the NYT, I can get the news from any number of other free sources. I am a long ways off from retired so I don't need access to the crosswords
that badly... Sirius would have been nice 20 years ago but between Audible and Pandora/Spotify I have got music/listening covered. It is unfortunately archaic. Peacock is currently a bit of a joke but I am ok with their free tier for accessing what little I need from it.
Like you, I have cancelled one of my Platinum cards and maybe that was part of their motive? I suspect that folks with multiple Platinums are the sort who will be min/maxing to get every dime of value out of the cards and not necessarily the kind of customer that Amex wants to retain (at least not at "full strength"). Just some food for thought.