paperwastage

amex offers isn't specific to plat...

no-AF cards like everyday can get them too (maybe different offers), so it's not a gigantic plus
(yeah yeah, still useful when comparing CSR/Citi Prestige to Plat)

penner42

While this is true, there has been only one offer for $50 that I used on my Plat that wasn't on any of my other cards, including my free Hilton Amex. So there isn't a huge savings over Amex Everyday, for example. I'm really torn on what to do with mine, I'm hoping I get a good retention offer. I love the Centurion lounges but they're not worth $250/yr for me, and that's the only benefit I use that I don't get elsewhere.

Troopers

Emphasis added.

Yep, it's not an exclusive perk to the Plat but that doesn't diminished the fact that one can reduce the effective net fee.


Right, but this specific thread is comparing one card vs another card. Comparing one card vs another, and accounting for other cards becomes a highly individualized biased discussion based on one's travel needs and habits.

bgriff

This is different. The Visa Signature Hotel Collection offers a $25 F&B credit rather than the $100 spa or F&B credit you typically get with FHR, and is available to all Visa Signature cards.

The CSR, however, has access to two programs, both of which offer a $100 credit similar to FHR: the Visa Infinite Hotel Collection and the Chase-specific Luxury Hotel Collection.

Jason77

I'd love to know experiences with CSR primary car coverage. I know if I was involved in a rental car collision I would NOT be assured they will ACTUALLY cover up to $75,000.00

This is one benefit I wouldn't feel comfortable relying on any card for primary. Maybe I'm paranoid.

Return protection is simple with AMex. I've never used Chase.

paperwastage

there are a lot of data points about how credit card companies won't pay out loss-of-use

Credit card companies might cover loss-of-use, but demand records from car rental agency to prove loss(fleet usage). Agency refuses to provide data (proprietary data/trade secret).

No proof, loss-of-use portion of claim denied, you're on the hook




If you already have car insurance with your personal car, maybe less risk? Either way, get a dash cam when you drive?

mia

Chase needs to be able to sell merchants on the merits of this form of advertising. Citi tried, and hasn't done well. Why, specifically, do you think Chase would succeed?


Marketing 101: Reserve is a brand new card with a me too sign up bonus. Chase doesn't seem to have much confidence in it, they priced it 40% less than American Express. If I were a Chase stockholder I would want the resignation of the person who made that decision.


Discussion here:

http://www.flyertalk.com/forum/credi...-warranty.html

eajusa

Your point here should signal to people not to conclude that Chase has dealt Amex Plat the death blow. I seem to remember not to long ago some were saying the same about Citi's Prestige card. At the time, you cautioned people to wait and see how long before Citi would begin to downgrade that card's benefits. It didn't take long for your words to become reality.

kdm31091

This. The Reserve will be downgraded and/or gutted within a matter of time. They just want to lure in the customer base first.

tmiw

I bet the first thing that'll happen is that the $300 travel credit becomes a $300 airline incidental credit.

itsmj

[QUOTE=mia;27164672]Chase needs to be able to sell merchants on the merits of this form of advertising. Citi tried, and hasn't done well. Why, specifically, do you think Chase would succeed?




Marketing 101: Reserve is a brand new card with a me too sign up bonus. Chase doesn't seem to have much confidence in it, they priced it 40% less than American Express. If I were a Chase stockholder I would want the resignation of the person who made that decision.




Mia I think you have a valid point here as to Chase's confidence
Instead of trend setting they settled a little short
It remains to be seen how long the benefits will either last or be nerfed

Is it currently a good offer and a move in the right direction? Sure it is but I'll reserve final merits as TBD

techoin

I doubt..reserve card is getting interest because of sign up bonus..to extract more value out of it requires more spend..not sure why everyone thinks it will be gutted?..if at all reserve provided united club access or $100 visadiscountair infinite benefit that would have made that case...I bet there will be very few who will keep it long term

on the contrary citi prestige is gutted multiple times because it had pretty significant non sustainable benefits like earlier international companion program & flight points, now unlimited fourth night free along with AA club access, golf etc.. with $250 travel credit

tmiw

I'd imagine Chase is relying on a significant percentage of people not taking full advantage in order to make the card profitable, which is harder to accomplish when using the card for stuff like Uber and freeway tolls causes the credit to be applied. Not to mention that it's possible to make a net profit from the travel credit alone if you cancel the card before the second AF hits.

At least with the other cards people (in theory) have to use the card for baggage fees, upgrades, etc. for the credit to be applied, which makes it harder for people to take advantage.

jediwho

You can make the same argument for watching TV or movie. Why do people waste 30 hours a week in front of TV, which practically gives them nothing. At least, squeezing that extra point has some monetary benefit. In the end, this is a hobby for most people on FT more than anything. We all love to travel and get the best bang for the buck. Since we all have 24 hours in a day, a simple math would suggest that the time we spent on FT is coming from some other recreational activity.

runb4fun

nobody in their right mind expects CSR to stay as it was. nobody in their right mind expected Prestige to not get nerfed. But the fact remains that there are more banks in $450 game now. The VI card from City is still going strong.

You can shuffle through these cards and get 90% of the benefit Plat offers. And in the meantime, you also get signup bonus. I personally planned to shuffle through various Amex Plat for Amex lounge and signup bonus but seems like amex is tightening up on those who're chasing various plat signup bonus.

also, you don't need premium card to transfer MR. You do need premium card to transfer UR. It makes sense for many CSP holders to pay at least $55 extra and roll with CSR. You also need premium card to transfer TYP. Since my Prestige AF is practially $100, I might as well keep Prestige instead of Premier. Plus my Prestige AF is completely negated through rent pay on Access More.