All the CCC have been trying to compete w/ Amex on true travel benefits and perks and at the end of the day end up nerfing benefits and perks, just look at what happened to Citi Prestige.
It's like the race between the Tortis and the Hare in the end the Tortis ends up winning.
Personal Cards: Amex Plat | Amex Delta Res | CSR | Citi AA Exec Business Cards: Ink+ | Amex BGR
@Anonymous wrote:
Oh no doubt that CCCs (like Citi) have nerfed some of their program perks, but that being said, the articles have tended to aim more on the financial state of AMEX, specifically how they are down significantly due to customers shopping elsewhere for a CC. I wonder if they will really want to play the game of weathering the storm and risk slipping more, causing more concern among investors as opposed to launching more significant rounds of perks/benefits to attract new customers and bring back older ones.
Amex has is niche and they are not about to panic worrying about the flavor of the month club. That being said they did state that some changes are going to be made so we will just have to wait.
The 5x on airfare has made me change from CSR to Amex plat. Also, their new alliance w/ American Airlines have resulted reduced airfare that you cannot get through travel sites and on their website but you need an Amex plat card personal or business to get that perk.
well hopefully all this competition will bring better products for everybody. Idon't think amex would have made 5x airline purchases if it weren't for CSR, so hopefully there will be better products for everybody.
