Jun 19, 2015, 7:12 am
Last edit by: 747FC
Current offer (as of 7/1/16):
"A special offer for Ameriprise Clients: $0 introductory fee for the first year, then $550. Additional Cards can also be added for an introductory fee of $0 for the first year, then $175 for up to 3 Additional Platinum Cards. Earn an additional 5,000 Membership Rewards points for every $20,000 in eligible purchases on the Card, up to 30,000 additional points per year."
https://www262.americanexpress.com/d...rsion/personal
(In 2015 the offer included 25k MR points for $3,000 spend, with $450 annual fee waived.)
__________________________________________________ _________________
Is this card a different product than the normal personal Amex Platinum?
Yes, by all indications this card is treated differently. Multiple members have received the bonus after previously having a personal Platinum card. Members have also been able to use the travel credit on this card even after obtaining the travel credit on a personal Platinum in the same year. (Post 363)
Do authorized users have a fee?
The fee for additional users is waived for the first year. You can add authorized users at $0 when signing up or you can add them later by calling the number on the back of your card.
My decision is "in progress", what should I do?
Many users report that they received an "in progress" decision initially only to be approved within the next 48hrs with no additional communication (recon call). Click here to check status.
Does one need to be an Ameriprise customer to be approved for this card?
No, one does not have to be an Ameriprise customer in order to get approved for the card, although AMEX could technically enforce the "rule" in their terms and conditions and either cancel your card or convert it to a "regular" Platinum.
"A special offer for Ameriprise Clients: $0 introductory fee for the first year, then $550. Additional Cards can also be added for an introductory fee of $0 for the first year, then $175 for up to 3 Additional Platinum Cards. Earn an additional 5,000 Membership Rewards points for every $20,000 in eligible purchases on the Card, up to 30,000 additional points per year."
https://www262.americanexpress.com/d...rsion/personal
(In 2015 the offer included 25k MR points for $3,000 spend, with $450 annual fee waived.)
__________________________________________________ _________________
Is this card a different product than the normal personal Amex Platinum?
Yes, by all indications this card is treated differently. Multiple members have received the bonus after previously having a personal Platinum card. Members have also been able to use the travel credit on this card even after obtaining the travel credit on a personal Platinum in the same year. (Post 363)
Do authorized users have a fee?
The fee for additional users is waived for the first year. You can add authorized users at $0 when signing up or you can add them later by calling the number on the back of your card.
My decision is "in progress", what should I do?
Many users report that they received an "in progress" decision initially only to be approved within the next 48hrs with no additional communication (recon call). Click here to check status.
Does one need to be an Ameriprise customer to be approved for this card?
No, one does not have to be an Ameriprise customer in order to get approved for the card, although AMEX could technically enforce the "rule" in their terms and conditions and either cancel your card or convert it to a "regular" Platinum.
Ameriprise Amex Platinum (discontinued October 2019)
Aug 29, 2018, 3:30 pm
#991
Join Date: May 2013
Posts: 378
Aug 29, 2018, 4:05 pm
#992
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
Aug 29, 2018, 4:14 pm
#993
Suspended
Join Date: Oct 2017
Location: Miami, Florida
Programs: AA ExPlat, Hyatt Globalist, IHG Spire, Hilton Gold
Posts: 4,009
I would think that Amex has more data about its customers with these cards than anyone posting to this thread and that Amex knows which customers it would want to fire as a net liability. No less so for a product that has been around for more than several years. When Amex makes a change, then get back on this.
It's obvious why people want this gravy train to continue, but if we're going to have a discussion, let's at least be serious about it.
Nobody, and I mean nobody, is churning the Ameriprise Plat because they really enjoy getting 1x Amex points on all purchases.
Aug 29, 2018, 11:08 pm
#994
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
Please stop insulting our intelligence.
It's obvious why people want this gravy train to continue, but if we're going to have a discussion, let's at least be serious about it.
Nobody, and I mean nobody, is churning the Ameriprise Plat because they really enjoy getting 1x Amex points on all purchases.
It's obvious why people want this gravy train to continue, but if we're going to have a discussion, let's at least be serious about it.
Nobody, and I mean nobody, is churning the Ameriprise Plat because they really enjoy getting 1x Amex points on all purchases.
“I would think that Amex has more data about its customers with these cards than anyone posting to this thread and that Amex knows which customers it would want to fire as a net liability. No less so for a product that has been around for more than several years. When Amex makes a change, then get back on this.
“insult your intelligence? It’s certainly not I who is insulting anyone’s intelligence here.
If your so-called “gravy train” was a costly problem for Amex, Amex would have known about it years ago, known way better than anyone here and acted already more than it does.
While you may wish to believe that no one goes to re-apply for a card of the same type as before because of earning 1MR/$, I know people are a diverse lot and plenty of people make some sub-utility-maximizing decisions along the way or have circumstances such that they may re-apply for a card of the same type as cancelled before. This would be no different. Amex knows its customers well, and Amex knows how to get what it wants out of its customers — the same goes for Ameriprise Amex Plat customers, card re-applicants and otherwise.
Aug 30, 2018, 1:54 am
#995
Suspended
Join Date: Oct 2017
Location: Miami, Florida
Programs: AA ExPlat, Hyatt Globalist, IHG Spire, Hilton Gold
Posts: 4,009
How does this quote:
“I would think that Amex has more data about its customers with these cards than anyone posting to this thread and that Amex knows which customers it would want to fire as a net liability. No less so for a product that has been around for more than several years. When Amex makes a change, then get back on this.
“insult your intelligence? It’s certainly not I who is insulting anyone’s intelligence here.
If your so-called “gravy train” was a costly problem for Amex, Amex would have known about it years ago, known way better than anyone here and acted already more than it does.
While you may wish to believe that no one goes to re-apply for a card of the same type as before because of earning 1MR/$, I know people are a diverse lot and plenty of people make some sub-utility-maximizing decisions along the way or have circumstances such that they may re-apply for a card of the same type as cancelled before. This would be no different. Amex knows its customers well, and Amex knows how to get what it wants out of its customers — the same goes for Ameriprise Amex Plat customers, card re-applicants and otherwise.
Aug 30, 2018, 2:24 am
#996
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
Aug 30, 2018, 2:30 am
#997
Suspended
Join Date: Oct 2017
Location: Miami, Florida
Programs: AA ExPlat, Hyatt Globalist, IHG Spire, Hilton Gold
Posts: 4,009
Right, the people who churn the Ameriprise are extra profitable. Sure thing.
Aug 30, 2018, 3:34 am
#998
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
There were some Ameriprise Amex Plat card churners that were way more profitable than some non-churner Amex Centurion customers. Surprised? I wasn’t. The above-average/extra profitable customers for Amex have been a rather diverse mix of card churners and non-card churners. There is no good reason to believe that some card churners aren’t still extra profitable customers for Amex, but as Amex isn’t as committed to Six Sigma applications as it used to be, perhaps it’s a bit different now — however unlikely to be entirely different than before in that regard.
Aug 30, 2018, 3:39 am
#999
Suspended
Join Date: Oct 2017
Location: Miami, Florida
Programs: AA ExPlat, Hyatt Globalist, IHG Spire, Hilton Gold
Posts: 4,009
I said no such thing as the above, but you did.
There were some Ameriprise Amex Plat card churners that were way more profitable than some non-churner Amex Centurion customers. Surprised? I wasn’t. The above-average/extra profitable customers for Amex have been a rather diverse mix of card churners and non-card churners. There is no good reason to believe that some card churners aren’t still extra profitable customers for Amex, but as Amex isn’t as committed to Six Sigma applications as it used to be, perhaps it’s a bit different now — however unlikely to be entirely different than before in that regard.
LOL.
Aug 30, 2018, 5:00 am
#1000
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
Sep 10, 2018, 3:19 pm
#1002
Join Date: Sep 2003
Location: SAN
Programs: AA Lifetime Platinum, UA, AS, DL, SPG Gold, HH Diamond
Posts: 1,097
The fee waiver is an "introductory offer" offer, only valid in the first year. Bear in mind that repeatedly applying for this card, paying no fees, and not spending on the card, is the type of activity that could be picked up by the new algorithm that disqualifies bonuses on all cards. Too soon for evidence that this has occurred, but not too soon to consider the tradeoff.
5,000 points after $20,000 spend is an ongoing standard feature of the card, not part of a specific offer. It's also evidence that the Ameriprise product is not identical to the standard product.
5,000 points after $20,000 spend is an ongoing standard feature of the card, not part of a specific offer. It's also evidence that the Ameriprise product is not identical to the standard product.
Sep 10, 2018, 4:20 pm
#1003
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
Sep 10, 2018, 4:37 pm
#1004
Join Date: Sep 2003
Location: SAN
Programs: AA Lifetime Platinum, UA, AS, DL, SPG Gold, HH Diamond
Posts: 1,097
The fee waiver is an "introductory offer" offer, only valid in the first year. Bear in mind that repeatedly applying for this card, paying no fees, and not spending on the card, is the type of activity that could be picked up by the new algorithm that disqualifies bonuses on all cards. Too soon for evidence that this has occurred, but not too soon to consider the tradeoff.
5,000 points after $20,000 spend is an ongoing standard feature of the card, not part of a specific offer. It's also evidence that the Ameriprise product is not identical to the standard product.
5,000 points after $20,000 spend is an ongoing standard feature of the card, not part of a specific offer. It's also evidence that the Ameriprise product is not identical to the standard product.