topic Re: Amex Gold Upgrade Offer in Credit Cards

Amex Gold Upgrade Offer

UncleB — Thu, 13 May 2021 02:20:45 GMT

Well, just when I was thinking of making a complete exit from the Membership Rewards ecosystem, they find a way to pull me back in, LOL.

I figure if I eventually cash-out all my MR points with a Schwab Platinum (which is likely) the 40k points will be worth $500 which effectively covers the AF for the Gold card for two years. I don't really see a reason not to take the upgrade - I'll get to "play" with a Gold card for two years for free.

The only thing that caused me to hesitate was I've had the Gold card before - I actually downgraded last year to the Green that they're offering to upgrade now. I looked (and looked, and looked again) over the fine-print and nothing was said about the bonus not applying to those who had the card before, so I'm hopeful it will work out. It's not the end of the world if it doesn't... as long as I use GrubHub once a month for "Amex Cookies" like I used to do it will come out to the same AF as the Green, anyway.

This isn't an extremely remarkable credit event, but I figured I would post to share that Amex seems to be reaching-out for new business (and to expand existing relationships) once again.

Re: Amex Gold Upgrade Offer

FinStar — Thu, 13 May 2021 02:19:39 GMT

Nice offer @UncleB I received a similar offer on my ZYNC card, but I passed b/c I already have Gold and can't bring myself to closing the unicorn, even if it's $25 AF.

So, I'll word this carefully so it doesn't end up in SG ...are you selecting the RG version?

Re: Amex Gold Upgrade Offer

Remedios — Thu, 13 May 2021 02:25:00 GMT

@FinStar wrote:
Nice offer @UncleB I received a similar offer on my ZYNC card, but I passed b/c I already have Gold and can't bring myself to closing the unicorn, even if it's $25 AF.

So, I'll word this carefully so it doesn't end up in SG ...are you selecting the RG version?

I didn't ask so you wouldn't move it 😐

Redo!

Re: Amex Gold Upgrade Offer

UncleB — Thu, 13 May 2021 02:26:38 GMT

@FinStar wrote:
Nice offer @UncleB I received a similar offer on my ZYNC card, but I passed b/c I already have Gold and can't bring myself to closing the unicorn, even if it's $25 AF.

So, I'll word this carefully so it doesn't end up in SG ...are you selecting the RG version?

I'm boring... I went with the 'traditional' gold, which is what I also had last time.

If the bonus goes through I'll definitely keep the Gold for two years, but I'll also definitely downgrade my EDP next January to a ED, since there's a bit of overlap with the multipliers.

Basically I'll undo the exact changes I did last year, ha. (Last year I went ED-->EDP, Gold-->Green)

Re: Amex Gold Upgrade Offer

UncleB — Thu, 13 May 2021 02:31:53 GMT

@Remedios wrote:
@FinStar wrote:
Nice offer @UncleB I received a similar offer on my ZYNC card, but I passed b/c I already have Gold and can't bring myself to closing the unicorn, even if it's $25 AF.

So, I'll word this carefully so it doesn't end up in SG ...are you selecting the RG version?

I didn't ask so you wouldn't move it 😐
Redo!

No worries there... you know me, I can make on-topic discussion on this all night long.

Re: Amex Gold Upgrade Offer

UncleB — Thu, 13 May 2021 02:31:27 GMT

More evidence Amex is loosening up again... my pre-approval for an installment loan is back (and this time for 5.98%) and I also just received an email saying I'm pre-approved for a Cash Magnet with a sign-up bonus of $250 for $2k spend.

(I'm considering the loan - will post in PF about that later - but the Cash Magnet is a 'hard' no... I'm not going to risk messing up my chances at the bonus for the Schwab.)

Re: Amex Gold Upgrade Offer

FinStar — Thu, 13 May 2021 02:41:06 GMT

You're on a [AmEx] roll @UncleB.! Yeah, definitely consider the PL because those can be there in a moment and *poof* the next ...or the APR can significantly change. Plus, that's not a bad APR considering PenFed (or others) may not come close to that rate.

As far as Platinum Schwab, depending on the timing for that next gem, CM can wait for sure. I don't think the CS SUB changes much at all, although there was that one limited time a few years back when targeted offers popped-up for a higher SUB. Although, you know me, sometimes it's hard to resist when AmExcitis kicks in

Re: Amex Gold Upgrade Offer

FinStar — Thu, 13 May 2021 02:43:36 GMT

@UncleB wrote:
@FinStar wrote:
Nice offer @UncleB I received a similar offer on my ZYNC card, but I passed b/c I already have Gold and can't bring myself to closing the unicorn, even if it's $25 AF.

So, I'll word this carefully so it doesn't end up in SG ...are you selecting the RG version?
I'm boring... I went with the 'traditional' gold, which is what I also had last time.

If the bonus goes through I'll definitely keep the Gold for two years, but I'll also definitely downgrade my EDP next January to a ED, since there's a bit of overlap with the multipliers.

Basically I'll undo the exact changes I did last year, ha. (Last year I went ED-->EDP, Gold-->Green)

Nothing worng with staying with the 'traditional' version - still a classic. I only wish the Ameriprise version(s) -- both Platinum + Gold had not been discontinued. I know #firstworldproblems

Re: Amex Gold Upgrade Offer

K-in-Boston — Thu, 13 May 2021 02:46:29 GMT

For targeted upgrades, definitely no worries about not being eligible for the bonus. Definitely a good move not passing on this "Golden opportunity." 🤭 Congrats on the upgrade; now you can not only go back to getting Amex Cookies every month, but you can also find Amex UberEats Cookies, too!

Re: Amex Gold Upgrade Offer

UncleB — Thu, 13 May 2021 02:56:06 GMT

@K-in-Boston wrote:
For targeted upgrades, definitely no worries about not being eligible for the bonus. Definitely a good move not passing on this "Golden opportunity." 🤭 Congrats on the upgrade; now you can not only go back to getting Amex Cookies every month, but you can also find Amex UberEats Cookies, too!

Oooh... I didn't think about that! 🤔

I had just assumed the Uber benefit would go to waste, but I might have to explore my options a bit more! Thanks for the heads-up!

Re: Amex Gold Upgrade Offer

K-in-Boston — Thu, 13 May 2021 02:57:39 GMT

@UncleB wrote:
@K-in-Boston wrote:
For targeted upgrades, definitely no worries about not being eligible for the bonus. Definitely a good move not passing on this "Golden opportunity." 🤭 Congrats on the upgrade; now you can not only go back to getting Amex Cookies every month, but you can also find Amex UberEats Cookies, too!
Oooh... I didn't think about that! 🤔

I had just assumed the Uber benefit would go to waste, but I might have to explore my options a bit more! Thanks for the heads-up!

$240 a year in free cookies goes a long way toward covering the $250 AF.

Re: Amex Gold Upgrade Offer

UncleB — Thu, 13 May 2021 03:08:30 GMT

@K-in-Boston wrote:
@UncleB wrote:
@K-in-Boston wrote:
For targeted upgrades, definitely no worries about not being eligible for the bonus. Definitely a good move not passing on this "Golden opportunity." 🤭 Congrats on the upgrade; now you can not only go back to getting Amex Cookies every month, but you can also find Amex UberEats Cookies, too!
Oooh... I didn't think about that! 🤔

I had just assumed the Uber benefit would go to waste, but I might have to explore my options a bit more! Thanks for the heads-up!
$240 a year in free cookies goes a long way toward covering the $250 AF.

Haha, you're not kidding... I may even need to reconsider the timing on getting that Schwab!

Looks like I'm going to be getting myself a new Uber account in the coming days... something I admit I didn't see coming.

Amex Cookies one week, Amex Chicken (???) the next! 🍪🍗

Re: Amex Gold Upgrade Offer

TheBoondocks — Thu, 13 May 2021 03:55:28 GMT

Wow, I was only 3 years old when you was a member of Amex. I wasn't part of Amex until Jan 2016, crazy its been 5 years lol. I'm 28 now, I don't even want to know how old is UncleB lol...

Re: Amex Gold Upgrade Offer

Remedios — Thu, 13 May 2021 04:13:05 GMT

@TheBoondocks wrote:
Wow, I was only 3 years old when you was a member of Amex. I wasn't part of Amex until Jan 2016, crazy its been 5 years lol. I'm 28 now, I don't even want to know how old is UncleB lol...

It sure be different when we was born. My village didnt even have powered lights till yous was part of amex

It be like that sometimes

Re: Amex Gold Upgrade Offer

FinStar — Thu, 13 May 2021 04:16:41 GMT

@Remedios wrote:
@TheBoondocks wrote:
Wow, I was only 3 years old when you was a member of Amex. I wasn't part of Amex until Jan 2016, crazy its been 5 years lol. I'm 28 now, I don't even want to know how old is UncleB lol...

It sure be different when we was born. My village didnt even have powered lights till yous was part of amex

It be like that sometimes

Re: Amex Gold Upgrade Offer

babygirl1256 — Thu, 13 May 2021 04:24:36 GMT

@UncleB Congrats on your AmEx Gold upgrade offer . . . I'm new to the AmEx family and certainly look forward to those type of offers; hopefully within a year or so . . . Enjoy!!!

Re: Amex Gold Upgrade Offer

M_Smart007 — Thu, 13 May 2021 14:26:15 GMT

@TheBoondocks wrote:
Wow, I was only 3 years old when you was a member of Amex. I wasn't part of Amex until Jan 2016, crazy its been 5 years lol. I'm 28 now, I don't even want to know how old is UncleB lol...

@TheBoondocks,

@UncleBis not "old" .. He is more of a "classic"

If you wanna talk "old" then we would have to refer you to @Anonymous

I may be getting up there, as I had my first Amex Gold before you were born

Re: Amex Gold Upgrade Offer

Anonymous — Fri, 14 May 2021 23:05:29 GMT

@M_Smart007 wrote:
@TheBoondocks wrote:
Wow, I was only 3 years old when you was a member of Amex. I wasn't part of Amex until Jan 2016, crazy its been 5 years lol. I'm 28 now, I don't even want to know how old is UncleB lol...
@TheBoondocks,

@UncleBis not "old" .. He is more of a "classic"
If you wanna talk "old" then we would have to refer you to @Anonymous

I may be getting up there, as I had my first Amex Gold before you were born

Obtained my first Gold American Express Card dating to 1972. We were furnished a Bank Line of Credit assigned to it so if you wanted to rotate some of the balance you signed and IBM Card that came with the bill and mailed it back with your check for the remaining balance. The bank your card had the line of credit assigned to expected time payments accordng to their policies. "Don't Leave Home With Out It" was more than a marketing slogan. Worked for Ford Motor Company in management earned spin off benefits tied to the card and Ford. Yes, it was prestigious card at the time! Not to side trip but, we also had the Diners Club charge card and the Carte Blance charge card. Good times for sure! Hows that @M_Smart007 and @UncleB (would be but a young whippersnapper at the time).

Re: Amex Gold Upgrade Offer

W261w261 — Fri, 14 May 2021 23:34:43 GMT

Beatcha on the Gold. Got my first one in '69 while in Grad school. Couple of years ago got a bigger box from Amex. Inside was a Tiffany's box with 2 crystal champagne flutes and a nice letter from the CEO about being with Amex for 50 years. I haven't but regifted the glasses to an employee who was suitably impressed (probably by the Tiffany's box).

Re: Amex Gold Upgrade Offer

pizza1 — Sat, 15 May 2021 00:04:11 GMT

@FinStar wrote:
Nice offer @UncleB I received a similar offer on my ZYNC card, but I passed b/c I already have Gold and can't bring myself to closing the unicorn, even if it's $25 AF.

So, I'll word this carefully so it doesn't end up in SG ...are you selecting the RG version?

@FinStar Don't you dare ever take an offer on that Zync cc, LOL...Even if they offer you 200K points for zero spend, lolol!

@UncleB , nice offer, and the Rose color is SOOOO pretty!!