topic Re: Amex PC in Credit Cards

Amex PC

seattletravels — Sat, 18 Jan 2020 06:57:40 GMT

Hi - I'm sure there's an answer on here somewhere but not finding it easily. I'm wondering if there is any benefit to doing a PC vs applying for a new card. I have upgrade offers for my Delta Platinum to Reserve and BCE to BCP. I do $6-8k spend on the Delta each month, generally PIF but sometimes carry 1-2k. I'm already Diamond with Delta so I'm not sure the Reserve benefits are that appealing as things like lounge access I'm already receiving with my choice benefits. Is there a better chance for cli or anything with more premium card? I'm currently 12k on Delta (2016) and 9900 on BCE (2013). Scores in mid-high 700s. Income mid-200s.

Thanks. Sorry if posted in wrong forum.

Re: Amex PC

FinStar — Sat, 18 Jan 2020 07:37:33 GMT

The only benefit to a PC would be if the offer yields any type of substantial bonus for upgrading to the new product. Otherwise, aside from applying for a new AmEx card, would be the SUB.

Is there any type of SUB for upgrading to BCP? How much monthly spend (on average) do you put on BCE?

@K-in-Boston and @simplynoir are a couple of members who are well-versed on the Delta products so they can provide more insight on optimizing those benefits.

As far as a CLI, there's no correlation of having a higher AF card in order to obtain the highest possible CL. It'll be based on your overall profile and internal history with AmEx. So, if your account is eligible, you can definitely submit your CLI request on one of the cards - preferably the Delta Platinum.

Re: Amex PC

wasCB14 — Sat, 18 Jan 2020 07:39:21 GMT

A few potential benefits to a PC:

1. There's no new account created, so there's no blow to FICO scores from a new account.

2. If you already apply for new accounts and bonuses at a fairly aggressive pace, it can help for 5/24 purposes (and similar other rules with other issuers).

3. Amex HPs less often now on new accounts, but it could potentially save inquiries.

Of course, a new account can mean a bigger bonus sometimes.

Re: Amex PC

K-in-Boston — Sat, 18 Jan 2020 13:09:43 GMT

The only benefit to doing a PC would be to maintain the account age and prevent any new account dings. With American Express Delta cards, I always strongly suggest going for a new card as there are typically HUGE welcome offers available (i.e. the referral offer right now until 29 JAN is 75k SkyMiles + 10k MQMs), often worth well over $1000. Upgrade bonuses are typically in the 5-10k SkyMiles range.

Even going on the low end of your $6k/mo spend, the Reserve would get you a minimum of 60,000 additional MQMs vs the Platinum's 50,000 additional MQMs with Status Boost. If you do $90k of spend it's 90k MQMs vs 75k MQMs. If you are always well over the MQM marker for Diamond, note that the boost MQMs on Reserve can be gifted to a friend or family member (or even a particularly helpful moderator on a credit forum - LOL joking!). The higher AF is going to give you a companion certificate that can be used for C+ or F, rather than only Main like the Platinum. Using your choice benefits for other items like a $200 gift card or 25k SkyMiles adds additional value (I assume no matter what you are getting RUCs and/or GUCs), since you'd get lounge access with the card the same as now.

Having the Reserve is also helpful for upgrades. Even as a Diamond, flying out of SEA (which I assume from your user ID), I'll assume you're not at 100% upgrades to F/D1? On the upgrade hierarchy, having the Reserve card is the 3rd most important thing only after Medallion status and Fare class. So right now if you and another Diamond both have a K fare in Main Cabin, but he or she has a Reserve card, you've lost your upgrade to them.

Going for the Reserve by 29 JAN will lock you in to the $450 AF for the first year before it increases to $550. The type of card generally makes no difference in starting lines or maximum credit lines. Also keep in mind that you can ask for a CLI up to 3x your current limit on any one card every 181 days with Amex, and with the kind of spend you're putting on the Delta card you should certainly have some room to grow.

Re: Amex PC

seattletravels — Sat, 18 Jan 2020 15:08:03 GMT

Super helpful. I've had my eye on the Reserve for a bit. The fc upgrade thing out of Seattle makes a ton of sense now lol.

@K-in-Boston Do you have a referral code for Reserve? Happy to use it when I apply.

Re: Amex PC

K-in-Boston — Sat, 18 Jan 2020 15:13:37 GMT

Not a problem at all. The Medallion Upgrade Priority list is located here for reference:

https://www.delta.com/us/en/skymiles/medallion-program/medallion-upgrades

Hitting that MQD waiver is also a boost, although you have been doing that by March each year anyway it seems.

While I sincerely appreciate the gesture, referral codes aren't allowed on myFICO. If you have any friends or family members with any Delta card, they can refer you for their card and you can still choose the Reserve 75k RDM and 10k MQM offer. Otherwise, a lucky anonymous person out there has likely put theirs on the web.

Re: Amex PC

seattletravels — Sat, 18 Jan 2020 15:23:58 GMT

Bummer.

Really appreciate the help!

Re: Amex PC

K-in-Boston — Sat, 18 Jan 2020 15:25:48 GMT

You're very welcome. I'll settle for a top-shelf drink in SkyClub the next time I'm at SEA and don't use the Centurion Lounge next door.

Re: Amex PC

seattletravels — Sat, 18 Jan 2020 15:33:51 GMT

Haha! It's a date!