UK: Hugely detrimental changes to Platinum travel insurance from January 25, 2012
#1
Original Poster
Join Date: Dec 2010
Location: NJ, USA
Posts: 470
UK: Hugely detrimental changes to Platinum travel insurance from January 25, 2012
Apologies if somebody else has started a thread about this already - I did have a look but couldn't see one. I received a letter this morning detailing changes to the travel insurance included with the Platinum card. They're massively devaluing the benefit - to get cover for certain events you must have paid using either your Platinum card or another card issued by American Express directly - very irritating if you have a no-forex fee card and book flights/hotels in a foreign currency for example. The maximum trip length has been cut to 90 days and the maximum age for medical cover is now 70. They have also introduced a 50 excess.
It also means that giving members of your family cards to give them travel insurance will be a nightmare as they will have to buy the travel on the card to be covered and then reimburse you - a real pain.
For people who haven't received the letter yet I have quickly scanned mine so you can see the changes for yourself:
I have telephoned and lodged a complaint - I really don't think the card is worth the 300 a year any more.
It also means that giving members of your family cards to give them travel insurance will be a nightmare as they will have to buy the travel on the card to be covered and then reimburse you - a real pain.
For people who haven't received the letter yet I have quickly scanned mine so you can see the changes for yourself:
I have telephoned and lodged a complaint - I really don't think the card is worth the 300 a year any more.
#3
Join Date: Sep 2008
Location: Shropshire
Programs: BA Silver, IHG Spire Ambassador, Hilton Diamond
Posts: 407
It's crazy. It states that if your travel provider doesn't take Amex then you're fully covered anyway if you use another card.
So if they take Amex you must use your Amex, but if they don't it doesn't matter.
Very confusing.
So if they take Amex you must use your Amex, but if they don't it doesn't matter.
Very confusing.
#4
Original Poster
Join Date: Dec 2010
Location: NJ, USA
Posts: 470
In reality virtually every airline, hotel and car hire place takes Amex.
#5
Join Date: Feb 2009
Location: United Kingdom
Programs: Hyatt Diamond, HH Diamond, SPG Gold, Marriott Gold, Amex Platinum
Posts: 1,219
Every airline, hotel and car hire may accept Amex but some charge ridiculous fees for using it compared to a visa debit.
The 50 excess also sucks.
The 50 excess also sucks.
#6
Join Date: Sep 2003
Location: BHD, LHR, DUB
Programs: Onetime bmi * Gold lifetime membership, BA Gold, HH Diamond, Starwood Gold
Posts: 393
I too received the letter today and the OP is correct, this represents a massive downgrading of travel insurance and travel inconvenience cover including delayed/lost luggage. Amex now insist you pay for travel using a range of specified (note not all) Amex cards. I cannot believe that the cost of this insurance has, first, risen so much, and second that income they receive from travel costs booked on the card will in any way compensate them. In essence the 'use Amex' rule is an attempt to reduce the number of claims, as of course is the loss 70+ medical cover.
All this was a major benefit of the Platinum Charge Card for me, especially luggage delay claims. The changes bring it into line with insurance provided free or at lower cost by other card providers when travel is booked on their card and I will seriously consider cancelling my Amex card as a result.
This is very bad news indeed.
bmifly
All this was a major benefit of the Platinum Charge Card for me, especially luggage delay claims. The changes bring it into line with insurance provided free or at lower cost by other card providers when travel is booked on their card and I will seriously consider cancelling my Amex card as a result.
This is very bad news indeed.
bmifly
#8
Join Date: Sep 2003
Location: BHD, LHR, DUB
Programs: Onetime bmi * Gold lifetime membership, BA Gold, HH Diamond, Starwood Gold
Posts: 393
bmifly
#9
A FlyerTalk Posting Legend; Moderator: American Express, Capital One, Citi, Chase, Credit Card Programs, Diners Club, Signatures
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,881
To put this in context, it appears the requirement to pay with an American Express card existed up until 2006. See this thread started by bmifly:
http://www.flyertalk.com/forum/ameri...k-upgrade.html
http://www.flyertalk.com/forum/ameri...k-upgrade.html
#10
FlyerTalk Evangelist
Join Date: Apr 2009
Location: where lions are led by donkeys...
Programs: Lifetime Gold, Global Entry, Hertz PC, and my wallet
Posts: 20,315
I think my card is due for renewal and the reason I got the card was primarily for the travel insurance, and then the Priority Pass. I am not certain it is worth 300 any longer.
Has anyone looked at other cards or is this a trend ?
Has anyone looked at other cards or is this a trend ?
#11
FlyerTalk Evangelist
Join Date: Aug 2000
Location: London and Zurich
Programs: AA, BA, Mucci: Sir Roger des Directions Routires, PCR
Posts: 13,609
The package before was unbeatable. It no longer is. The 2x PP membership and car rental coverage probably make it worthwhile for me, but it's marginal.
Time to look at alternatives such as the NatWest/RBS black card, I think. Or is that being enhanced away?
#12
Original Poster
Join Date: Dec 2010
Location: NJ, USA
Posts: 470
I don't think it's available to new customers any more - you have to switch your current account to their private banking arm instead and upgrade to their 'Black Account' that has similar benefits.
#13
Join Date: Jun 2004
Posts: 3,744
I have not received any letter from AmEx advising that this applies to my UK-issued International Dollar Card. Does anyone know?
As mia stated, the requirement to charge travel on the relevant AmEx card used to exist. I remember being pleased when it changed. My husband's $30,000+ emergency appendectomy was covered 100% based on this card, and we had charged our airline tickets to my US-issued Centurion card.
I wonder also how they will define what constitutes a relevant AmEx card for charging travel costs. For example, will charges to a US- based AmEx card be sufficient for coverage under the UK-issued AmEx with the medical and travel insurance.
The 90-day maximum trip length is also a disappointment.
As mia stated, the requirement to charge travel on the relevant AmEx card used to exist. I remember being pleased when it changed. My husband's $30,000+ emergency appendectomy was covered 100% based on this card, and we had charged our airline tickets to my US-issued Centurion card.
I wonder also how they will define what constitutes a relevant AmEx card for charging travel costs. For example, will charges to a US- based AmEx card be sufficient for coverage under the UK-issued AmEx with the medical and travel insurance.
The 90-day maximum trip length is also a disappointment.
#14
Original Poster
Join Date: Dec 2010
Location: NJ, USA
Posts: 470
No - it specifically states that it must be a card issued by AmEx UK directly (so for example MBNA AmEx cards like the Virgin Atlantic card don't count).