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Old Jun 25, 2005 | 10:40 pm
  #11  
Jannarama
 
Join Date: Jun 2005
Location: Southern Arizona
Programs: Delta,Amex, Holiday Inn, USAirways, Best Western, Southwest, La Quinta, Continental, hilton honors,
Posts: 16
Originally Posted by anr
In my membership rewards options annual guide there is a card with the following information:

Front of the card says:
Earn double points and receive 10,000 membership rewards bonus points when you upgrade to the american express rewards plus gold card. The annual fee for the rewards plus gold card is $150.

Then on the back of the card it says:
Wtih the american express rewards plus gold card yuo can: Earn double points every day at stand-alone supermarkets, drugstores, gas stations, the U.S. Postal Service and when paying wireless phone bills. Earn double points with our Membership Rewards travel partners in your first year of membership, and 1.5 points thereafter. Add as many as five fee-free Additional Cards to your account.

Is this worth it?

I am already receiving double points for the every day stuff mentioned.

Thanks,
Adam

It's worth it if you have more than one person on the card account. Five free additional card holders is nice.

It's nice if you want to be able to transfer at a 1:1 rate to airline and hotel partners; your 'options' level is designed more for using points for certificates and merchandise, opposed to traveling because of the 2:1 xfer rate.

It's nice because you can borrow up to 10K points per calendar year and future purchases 'pay back' that loan of points. This is the *ONLY* Amex card that lets you borrow points. You can't even get it with a Platinum or Centurion card.

You get the double points the first year with airline/hotel partners and 1.5 points each year after that. If you use your cards at those partners, the points will start to accumulate quickly.

Plus you would get the 10K point bonus, which is $100 in certificates. Or you could send it over to a hotel/airline partner.

Just some FYI.
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