Oct 4, 2018, 1:05 pm
Last edit by: roberto99
Faq amex: https://www.americanexpress.com/us/campaigns/gold-card/gold-update-faqs.html
For existing and new cardholders
For new cardholders (Oct 4 2018 and after)
For existing cardholders (Oct 3 2018 or before)
For existing and new cardholders
- Changes below are effective immediately
- 4x US grocery (25k/calendar year), 4x US dining* (*pervasive reports that many dining transactions are not coding as 4x, including but not limited to those from Square or Toast-based POS systems. Scroll down in thread for more reports and information.)
- $120 dining credit ($10 monthly in certain restaurants)
- No change
- $100 calendar year airline reimbursement
- Other
- $250 AF (see below for existing cardholders)
- No 2x gas (removed, see below for existing cardholders who have it till Oct 2019)
- Metal card (contactless)
- Rose gold card - limited edition until Jan 9 2019
- Regular gold card
For new cardholders (Oct 4 2018 and after)
- You may be able to find targeted/referal 50k/$2k, but first AF is not waived
- Signup bonus: You get 20% off restaurant up to $500 restaurant spend (3 month)
- You do not get 2x gas (only for existing cardholders, see below)
For existing cardholders (Oct 3 2018 or before)
- AF will change to $250 for anniversary dates after April 1 2019
- 2x gas will be removed after Oct 2019
- You can chat/call for the gold/rosegold metal card. AU card will get whatever primary cardholder is getting, cannot be different
Premier Rewards Gold refresh: 4x USA dining, groceries, $10/mon dining credit. $250.
Sep 20, 2018, 2:46 pm
#16
Suspended
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 4,412
If the above is true, I'll just keep one PRG and use it to replace the Uber card for college student. I already put aside the 2x $200 Uber credit for student college use. The Chase 3x UR is about the same as AmEx 4x MR. But I won't be happy if AmEx raises the AF.
Sep 20, 2018, 2:54 pm
#17
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
Sep 20, 2018, 2:56 pm
#18
Join Date: Jul 2011
Location: Sunny AZ
Programs: HH Diamond, Sixt Platinum, IHG Spire Ambassador, Marriott/SPG Gold .....
Posts: 3,208
And if the update the gold they better update the platinum as who wants get 1x for eating out when the lesser card gives you 4x
Sep 20, 2018, 3:04 pm
#19
Suspended
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 4,412
I already get the Chase CSR. So 4x on dining is just an option to me. I do not think I gain much on that.
From PRG, I only get the $100 airline credit and maybe a couple AmEx offers. No needs for any of the other category rewards. So the card overall is slightly positive to me. If you take away the $100 credit, it is negative to me.
Sep 20, 2018, 3:05 pm
#20
Join Date: Jan 2016
Posts: 610
I think it might be a good idea to use the airline fee credit before the updates; it seems a bit too generous to just give extra $120/yr. I do think it's more likely they raise the AF than remove airline credit, though.
Sep 20, 2018, 3:05 pm
#21
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
Very unlikely. American Express has long seen Platinum and Gold serving different, though overlapping, markets. If you want the benefits of Platinum and the rewards of Gold, you'll almost certainly need to pay for both.
Sep 20, 2018, 3:10 pm
#22
Suspended
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 4,412
For AmEx Plat, I'd like to see it stays as the "Travel" card. AmEx needs to add at least 3x on all hotel booking. Also the 3x or 4x on all dining. I care less about the Saks shopping. Plat is a travel card, not a shopping card. The removal of the old SPG (Marriott) Gold benefits is big. AmEx Plat gets worse now.
Sep 20, 2018, 3:16 pm
#23
Suspended
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 4,412
I'd like to see AmEx Gold taking the affluent daily spending, such as gas, department store, dining, beauty salon, golf, etc. It should go beyond the daily necessity since that is covered with the AmEx ED cards. Gold card should get the Saks shopping credit, not Plat. The target should be mid class who has some disposal income beyond just daily means. But those people probably do not want to travel more than twice a year.....
Sep 20, 2018, 3:19 pm
#24
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
This type of benefit costs American Express nothing. Saks may even pay to be featured. American Express isn't going to turn away these types of opportunities, which will keep their card in some wallets, just because the Flyertalk demographic doesn't value it.
Sep 20, 2018, 3:27 pm
#25
Join Date: May 2005
Location: Los Angeles
Posts: 600
The CEO said that Saks approached Amex offering to foot the bill to get access to Platinum card holders.
Sep 20, 2018, 3:45 pm
#26
Join Date: Feb 2013
Location: Southern California
Programs: American Airlines
Posts: 88
This new "refresh" if comes to fruition is most likely coming with an increase in cost (annual fee) which will be "bemoaned" and "bewailed" on this board as soon as the product is finally "announced"
Alright! Carry on with the party cheers!
Alright! Carry on with the party cheers!
Sep 20, 2018, 4:07 pm
#27
Join Date: Oct 2009
Posts: 50
Absolutely.
This seems like a signature AmEx product refresh. I would expect to see an annual fee raised to around $250.00 with a $120 credit paid mostly or in full by partners implemented in a way that maximizes breakage. The airline credit simply goes away.
PRG always sat in an awkward place between Sapphire Preferred and Reserve, and if the multipliers for restaurants and grocery are really 4x, it’s a direct shot at Reserve.
I guess another question is what happens to Everyday Preferred.
This seems like a signature AmEx product refresh. I would expect to see an annual fee raised to around $250.00 with a $120 credit paid mostly or in full by partners implemented in a way that maximizes breakage. The airline credit simply goes away.
PRG always sat in an awkward place between Sapphire Preferred and Reserve, and if the multipliers for restaurants and grocery are really 4x, it’s a direct shot at Reserve.
I guess another question is what happens to Everyday Preferred.
Sep 20, 2018, 4:23 pm
#28
Join Date: Jun 2008
Location: BAY AREA
Posts: 1,125
Are they changing the name to only Gold card? They keep saying using your goldo card and not mention premier card. I wonder if it'll be metal. 🤣
Sep 20, 2018, 4:33 pm
#29
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
Sep 20, 2018, 4:40 pm
#30
Join Date: Mar 2017
Programs: HHonors, TrueBlue, Delta SkyMiles, Hyatt Discoverist, Starwood Preferred Guest, American Airlines.
Posts: 2,035
I don't know why AMEX has clowns in their rewards and benefits department.
What use is a "$10/month dining benefit"? $10 will get me a Subway foot-long with a drink, and a cookie. Offer the $120 as the entire amount at the beginning of each year. We go through the same garbage with the Uber credits. Why is it so difficult for AMEX to offer a consumer friendly program like everyone else? I no longer carry carry an AMEX non-co-brand card in my wallet because of things like this.
On another note, I've read on Myfico this card will also be issued as metal rather than plastic after the refresh.
What use is a "$10/month dining benefit"? $10 will get me a Subway foot-long with a drink, and a cookie. Offer the $120 as the entire amount at the beginning of each year. We go through the same garbage with the Uber credits. Why is it so difficult for AMEX to offer a consumer friendly program like everyone else? I no longer carry carry an AMEX non-co-brand card in my wallet because of things like this.
On another note, I've read on Myfico this card will also be issued as metal rather than plastic after the refresh.