Last edit by: Global Adventurer
*Equinox $25 Credit will not be issued for ANY products you buy online at their merchandise Shop which is coded as "Equinox The Shop". However, it appears that you can purchase Gift Cards straight off the site, but lowest denomination is $100. Gift cards can be used for merchandise and memberships.
USA personal Platinum annual fee increase to $695, July 2021.
#46
FlyerTalk Evangelist
Join Date: Mar 2010
Programs: DL, OZ, AC, AS, AA, BA, Hilton, Hyatt, Marriott, IHG
Posts: 19,798
#47
Join Date: Jul 2019
Location: Los Angeles, CA
Programs: American Express Platinum, Chase Sapphire Reserve
Posts: 619
To each their own. I heavily disagree with you valuing these credits at face.
Greg from frequent miler does a better job of explaining this than I can:
I recommend looking at each of the annual credits and major perks and asking yourself: if I could pay separately for a subscription to this thing, how much would I pay? The answer should never be face value: you would never pay $240 in advance to get $240 in entertainment credits spread out $20 per month, would you? I hope not. Youd only pay in advance if you could get a substantial discount.
I also agree with how he discounts the credits https://frequentmiler.com/the-revise...ls-and-review/
Uber doesnt value its prepaid gift cards at face value. The Amex Platinum provides credits that are strictly worse than even normal Uber gift cards. If they wont value it at face, I wont either.
Greg from frequent miler does a better job of explaining this than I can:
I recommend looking at each of the annual credits and major perks and asking yourself: if I could pay separately for a subscription to this thing, how much would I pay? The answer should never be face value: you would never pay $240 in advance to get $240 in entertainment credits spread out $20 per month, would you? I hope not. Youd only pay in advance if you could get a substantial discount.
I also agree with how he discounts the credits https://frequentmiler.com/the-revise...ls-and-review/
Uber doesnt value its prepaid gift cards at face value. The Amex Platinum provides credits that are strictly worse than even normal Uber gift cards. If they wont value it at face, I wont either.
As for Uber you've mentioned multiple times the gift cards are discounted 15% - where? I don't see any easily accessible public offer for that. If you mean a physical gift card then it's useless to me, I'm not going to go out of my way to buy a physical gift card.
As for the post you linked to, he values the Uber credit at $100 because he says he doesn't use Uber that much. He doesn't mention anything about the 15% discount you have mentioned.
He's also wrong that the airline credit is gone: it is staying, so that doesn't factor into his calculation.
#48
FlyerTalk Evangelist
Join Date: Dec 2006
Location: Pacific Northwest
Programs: UA Gold 1MM, AS 75k, AA Plat, Bonvoyed Gold, Honors Dia, Hyatt Explorer, IHG Plat, ...
Posts: 16,632
Centurion Lounge crowding: Platinum cardholders may pay $50/guest effective 2.1.2023
Platinum card slowly becomes a coupon book over the years. One has to have a todo list tracking down which offers/deals haven’t been used. This annoys AF.
….
It’s a tough decision whether to keep Plat or not.
….
It’s a tough decision whether to keep Plat or not.
#49
Join Date: Mar 2014
Location: EWR
Posts: 2,109
For those of you not seeing the saks credit, it's still showing up on my account.
However what is annoying aside from the other things mentioned is that I have been unenrolled from everything on the benefits page, including my airline credit selection and the saks credit.
However what is annoying aside from the other things mentioned is that I have been unenrolled from everything on the benefits page, including my airline credit selection and the saks credit.
#51
FlyerTalk Evangelist
Join Date: Mar 2010
Programs: DL, OZ, AC, AS, AA, BA, Hilton, Hyatt, Marriott, IHG
Posts: 19,798
starting 2/1/2023 your / my spouse or direct family member will have to pay $50 as a guest unless they have their own (AU) card or you charge $75k a year to the card.
Centurion Lounge crowding: Platinum cardholders may pay $50/guest effective 2.1.2023
yup, it was nice to have some temporary credits added during Covid to make up for the loss of lounge benefits, but long term I think it is not the right strategy for a premium card,
Centurion Lounge crowding: Platinum cardholders may pay $50/guest effective 2.1.2023
yup, it was nice to have some temporary credits added during Covid to make up for the loss of lounge benefits, but long term I think it is not the right strategy for a premium card,
#52
FlyerTalk Evangelist
Join Date: Mar 2010
Programs: DL, OZ, AC, AS, AA, BA, Hilton, Hyatt, Marriott, IHG
Posts: 19,798
For those of you not seeing the saks credit, it's still showing up on my account.
However what is annoying aside from the other things mentioned is that I have been unenrolled from everything on the benefits page, including my airline credit selection and the saks credit.
However what is annoying aside from the other things mentioned is that I have been unenrolled from everything on the benefits page, including my airline credit selection and the saks credit.
#54
FlyerTalk Evangelist
Join Date: Mar 2010
Programs: DL, OZ, AC, AS, AA, BA, Hilton, Hyatt, Marriott, IHG
Posts: 19,798
#56
Join Date: May 2011
Location: NYC (LGA, JFK), CT
Programs: Delta Platinum, American Gold, JetBlue Mosaic 4, Marriott Platinum, Hyatt Explorist, Hilton Diamond,
Posts: 4,864
A few notes
So one of my Amex Plat / Schwab Amex Plat will be downgraded or cancelled next year. However I am happy with the new benefits
- In terms of holding a single card, it is a massive win for me
- I already pay for an Equinox All Club Access membership, so $300 credit is useful
- I already pay over $20 a month for NYT and Peacock, so that works for me too
- I let my CLEAR membership lapse during Covid, will now reapply
- Airline incidental fee reimbursement is kept
- Prepaid hotel credit can be useful
- Hopefully the Resy benefits are actually meaningful (I doubt they are though)
- Saks, Uber Eats credits retained
- Most of the other benefits of the card (warranty, protection, hotel status, etc) appear to be retained. Hilton Gold by itself can be worth $100 or more with just a few nights
- What is hit, though, is the value of holding two or more flavors of Platinum, IMO
- Schwab Platinum transfer ratio to be devalued soon
- It doesn't seem to be possible to double up the Equinox Credit
- I can't really use two Clear credits (I forget how much it costs to add. a partner to Clear)
- I don't pay much more than $20 a month for NYT/Peacock, so the extra $20 monthly credit isn't that valuable
- Double Resy benefits would be redundant
- Not sure if you will get the full value of the extra $200 in airline or hotel credits
So one of my Amex Plat / Schwab Amex Plat will be downgraded or cancelled next year. However I am happy with the new benefits
Last edited by Adelphos; Jul 1, 2021 at 4:08 am
#57
Join Date: Dec 2010
Location: New York
Posts: 453
Also a win for me mostly because I'm already am Equinox member, so that's about 1.5 free month and it makes up for the annual fee raise.
Incredibly disappointed in the digital subscription credit. I guess they only went for services that not so many people use, if they went for Spotify or Netflix almost every member would get those.
Incredibly disappointed in the digital subscription credit. I guess they only went for services that not so many people use, if they went for Spotify or Netflix almost every member would get those.
#58
FlyerTalk Evangelist
Join Date: Mar 2010
Programs: DL, OZ, AC, AS, AA, BA, Hilton, Hyatt, Marriott, IHG
Posts: 19,798
A few notes
So one of my Amex Plat / Schwab Amex Plat will be downgraded or cancelled next year. However I am happy with the new benefits
- In terms of holding a single card, it is a massive win for me
- I already pay for an Equinox All Club Access membership, so $300 credit is useful
- I already pay over $20 a month for NYT and Peacock, so that works for me too
- I let my CLEAR membership lapse during Covid, will now reapply
- Airline incidental fee reimbursement is kept
- Prepaid hotel credit can be useful
- Hopefully the Resy benefits are actually meaningful (I doubt they are though)
- Saks, Uber Eats credits retained
- Most of the other benefits of the card (warranty, protection, hotel status, etc) appear to be retained. Hilton Gold by itself can be worth $100 or more with just a few nights
- What is hit, though, is the value of holding two or more flavors of Platinum, IMO
- Schwab Platinum transfer ratio to be devalued soon
- It doesn't seem to be possible to double up the Equinox Credit
- I can't really use two Clear credits (I forget how much it costs to add. a partner to Clear)
- I don't pay much more than $20 a month for NYT/Peacock, so the extra $20 monthly credit isn't that valuable
- Double Resy benefits would be redundant
- Not sure if you will get the full value of the extra $200 in airline or hotel credits
So one of my Amex Plat / Schwab Amex Plat will be downgraded or cancelled next year. However I am happy with the new benefits
The good news is that I'm locked into last year's AF. I'm going to reassess the value of the Platinum to me when it's time to renew. I think I might just sign up for a Business Platinum instead since it's cheaper and still give me access to the Centurion Lounge. $695 wouldn't be so bad if the Equinox and entertainment credits were more flexible.
Also a win for me mostly because I'm already am Equinox member, so that's about 1.5 free month and it makes up for the annual fee raise.
Incredibly disappointed in the digital subscription credit. I guess they only went for services that not so many people use, if they went for Spotify or Netflix almost every member would get those.
Incredibly disappointed in the digital subscription credit. I guess they only went for services that not so many people use, if they went for Spotify or Netflix almost every member would get those.
#59
Join Date: May 2011
Location: NYC (LGA, JFK), CT
Programs: Delta Platinum, American Gold, JetBlue Mosaic 4, Marriott Platinum, Hyatt Explorist, Hilton Diamond,
Posts: 4,864
I think what made the news so disappointing is that everyone was speculating the entertainment credit can be used with any streaming service.
How much are you paying for NYT and Peacock each month? Do you have elite status? I think UA and DL give their top-tier elites discounted CLEAR membership.
How much are you paying for NYT and Peacock each month? Do you have elite status? I think UA and DL give their top-tier elites discounted CLEAR membership.
I will be a Delta Platinum later this year, I think there is a discount for CLEAR, but it isn't free for me. Let's see if I make Diamond next year (would be a first for me but I will be traveling more)
I do recognize for those that do not use Equinox, NYT, Peacock or Clear that this is more of a simple fee increase. But at least the previous credits (Uber, Saks, airline incidental) remain.
Within the Amex portfolio, people should consider Hilton Aspire, Bonvoy Brilliant and Delta Platinum/Reserve if you want more of a travel oriented card, want some standard Amex network benefits, and can make those particular travel partners work. I
#60
FlyerTalk Evangelist
Join Date: Mar 2010
Programs: DL, OZ, AC, AS, AA, BA, Hilton, Hyatt, Marriott, IHG
Posts: 19,798
I will be a Delta Platinum later this year, I think there is a discount for CLEAR, but it isn't free for me. Let's see if I make Diamond next year (would be a first for me but I will be traveling more)
I do recognize for those that do not use Equinox, NYT, Peacock or Clear that this is more of a simple fee increase. But at least the previous credits (Uber, Saks, airline incidental) remain.
Within the Amex portfolio, people should consider Hilton Aspire, Bonvoy Brilliant and Delta Platinum/Reserve if you want more of a travel oriented card, want some standard Amex network benefits, and can make those particular travel partners work. I