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Super Contributor
longtimelurker
Posts: 8,062
Registered: ‎04-22-2013
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Re: New American Express credit card?

All the articles, referencing interviews with senior Amex execs, say these are both real MR cards.   Which doesn't mean they are!

Blogger
HiLine
Posts: 3,166
Registered: ‎10-19-2012
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Re: New American Express credit card?


longtimelurker wrote:

All the articles, referencing interviews with senior Amex execs, say these are both real MR cards.   Which doesn't mean they are!


For an obvious example, the official Amex Blue page has MR written all over the place but no mentioning of Express MR, while the card actually earns Express MR points...

 

https://www304.americanexpress.com/credit-card/blue

 

Senior Contributor
Open123
Posts: 4,219
Registered: ‎02-23-2011
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Re: New American Express credit card?

[ Edited ]

longtimelurker wrote:

All the articles, referencing interviews with senior Amex execs, say these are both real MR cards.   Which doesn't mean they are!


I would be stunned if AmEx ever offered a standalone no fee card which confers full MR Status.

 

*Edited*  Also, while SPG Points transfer with a 25% bonus, they must be in increments of 20K.  MRs may be transferred in 1,000 increments and post immediately allowing you to easily top off miles for a redemption.  Hence, the value in having both for diversification purposes.  People on here seem to universally eschew AmEx's MR, but when utilized properly with enough points, it's not a bad program for air travel.  

Super Contributor
longtimelurker
Posts: 8,062
Registered: ‎04-22-2013
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Re: New American Express credit card?


Open123 wrote:

longtimelurker wrote:

All the articles, referencing interviews with senior Amex execs, say these are both real MR cards.   Which doesn't mean they are!


I would be stunned if AmEx ever offered a standalone no fee card which confers full MR Status.


Yep, need to wait, but, for example (View From the Wing):

 

I spoke with David Rabkin, American Express Senior Vice President of consumer lending, about the cards earlier in the week.

The first is a no fee, true Membership Rewards-earning card Amex Everyday.

The card has no annual fee and earns full Membership Rewards. One of the interesting things is that Membership Rewards itself used to come iwht an annual fee to earn and redeem points, and then some cards started bundling the program — but it was a premium program for premium cards.

Senior Contributor
Open123
Posts: 4,219
Registered: ‎02-23-2011
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Re: New American Express credit card?


longtimelurker wrote:

The first is a no fee, true Membership Rewards-earning card Amex Everyday.


This would make all the Charge cards obsolete, except for those who need the NPSL feature.

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HiLine
Posts: 3,166
Registered: ‎10-19-2012
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Re: New American Express credit card?


Open123 wrote:

longtimelurker wrote:

The first is a no fee, true Membership Rewards-earning card Amex Everyday.


This would make all the Charge cards obsolete, except for those who need the NPSL feature.


At least the current Blue card will be irrelevant. MR is a costly program; the chances of it being offered for free are slim, IMO.

 

A possibility is that the new card will earn MR points, but transferring those points will require cardmembership of one of the current MR-earning cards. Similar situation with the Freedom and CSP cards that Chase offers.

Senior Contributor
Open123
Posts: 4,219
Registered: ‎02-23-2011
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Re: New American Express credit card?


HiLine wrote:

A possibility is that the new card will earn MR points, but transferring those points will require cardmembership of one of the current MR-earning cards. Similar situation with the Freedom and CSP cards that Chase offers.


Right, you can earn full MR Points, but can't be transferred, unless you're enrolled in the Program either with (1) a fee, or (2) a card enrolled in the Program.  After this, I can't see any purpose for having the Blue.

Super Contributor
longtimelurker
Posts: 8,062
Registered: ‎04-22-2013
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Re: New American Express credit card?


Open123 wrote:

HiLine wrote:

A possibility is that the new card will earn MR points, but transferring those points will require cardmembership of one of the current MR-earning cards. Similar situation with the Freedom and CSP cards that Chase offers.


Right, you can earn full MR Points, but can't be transferred, unless you're enrolled in the Program either with (1) a fee, or (2) a card enrolled in the Program.  After this, I can't see any purpose for having the Blue.


Isn't that what MRE basically is?  They become MR if you have another MR card.

Frequent Contributor
Jayb5635
Posts: 327
Registered: ‎08-02-2012
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Re: New American Express credit card (confirmed Amex EveryDay Card)

What improvements would it take in the minds of everyone here to make it competitive with the Amex platinum ???


In my wallet: Amex Platinum NPSL, Amex Everyday Preferred $13,500, Amex Starwood $1000, Chase Freedom Visa Signature $5000, Chase Sapphire Preferred Visa Signature $10,000, Chase Ink Plus Visa Signature $5000 Barclaycard Arrival Plus MasterCard World Elite $5000, Cap One Quicksilver MasterCard $2000, Citi Forward Visa $5300, Discover IT $5000
Frequent Contributor
Jayb5635
Posts: 327
Registered: ‎08-02-2012
0

Re: New American Express credit card (confirmed Amex EveryDay Card)

I apologize, I am referring to the Palladium card


In my wallet: Amex Platinum NPSL, Amex Everyday Preferred $13,500, Amex Starwood $1000, Chase Freedom Visa Signature $5000, Chase Sapphire Preferred Visa Signature $10,000, Chase Ink Plus Visa Signature $5000 Barclaycard Arrival Plus MasterCard World Elite $5000, Cap One Quicksilver MasterCard $2000, Citi Forward Visa $5300, Discover IT $5000

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