AMEX PLATINUM down to GOLD - LOSE ELITE STATUSES WHEN?

[Anonymous]

Hey all

Not sure how or who to ask... so, here we are.

Ok, so I am 97% sure I will be downgrading my Platinum card to a Gold card at least for a while. I realize the Gold doesn't have the status matches with Hertz, Marriott and many others. How long will it be before all those statuses are cancelled? Instantly? End of year?

thanks

[simplynoir]

According to link below it varies but consensus seems to be it sticks til the next renewal date. YMMV as always

https://www.flyertalk.com/forum/american-express-membership-rewards/1248482-how-long-do-amex-platinu...

[Anonymous]

THANKS for the link! That makes sense. I plan to switch between these two cards as needed... not obsessively. But for most of each year, the Gold will suit my spending best by a long shot.

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@simplynoir wrote:

According to link below it varies but consensus seems to be it sticks til the next renewal date. YMMV as always

https://www.flyertalk.com/forum/american-express-membership-rewards/1248482-how-long-do-amex-platinu...

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[simplynoir]

Can you clarify "switching between these two cards regularly" there?

[Anonymous]

About to switch to Gold which will suit me more for the time being. If I have a lot of international travel coming up like I did when I got the card initially, I will switch back. Since I would be paying the higher fee to have those travel perks, AMEX claims this would not violate any policy they have. Especially since I am not taking any SUB to do this.

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@simplynoir wrote:

Can you clarify "switching between these two cards regularly" there?

[simplynoir]

Believe the CARD Act won't allow upgrades due to the increased AF for 12 months unless it only applies to new accounts

[UncleB]

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@simplynoir wrote:

Can you clarify "switching between these two cards regularly" there?

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It's been covered:  https://ficoforums.myfico.com/t5/Credit-Cards/STRATEGY-BUSTED-Thanks-Chase-CSR/m-p/5870697#M1691585 

[Anonymous]

Well shucks folks! I called to downgrade and they countered with an offer I couldn’t refuse. One more year of platinum. Maybe I’ll grab the Gold additionally.

[UncleB]

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@Anonymous wrote:
Well shucks folks! I called to downgrade and they countered with an offer I couldn’t refuse. One more year of platinum. Maybe I’ll grab the Gold additionally.

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That's likely fortunate for you in more ways than one.  Your up/down plan could have been problematic, at least now you have another year to consider it.

[mikesonthemend]

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@Anonymous wrote:
Well shucks folks! I called to downgrade and they countered with an offer I couldn’t refuse. One more year of platinum. Maybe I’ll grab the Gold additionally.

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Congrats!