AmEx Grandfathering the $195 AF? Just got this email ...

[Anonymous]

Just received an email from American Express stating this: 

"We want to let you know that the Cardmember Agreement we sent to you as part of your most recent product change didn't have the correct Annual Membership Fee included. We're sorry for this error and any confusion it may have caused.

The correct Annual Membership Fee is provided below."

And this:

Screenshot from email

Maybe I've missed discussions about this?  Got this email a few mins ago. If valid, this would be awesome

[ChargedUp]

---

@Anonymous wrote:

Just received an email from American Express stating this: 

"We want to let you know that the Cardmember Agreement we sent to you as part of your most recent product change didn't have the correct Annual Membership Fee included. We're sorry for this error and any confusion it may have caused.

The correct Annual Membership Fee is provided below."

And this:

Screenshot from email

Maybe I've missed discussions about this?  Got this email a few mins ago. If valid, this would be awesome

---

Is this for the Amex Gold? I haven't received anything like this, so far...

[Anonymous]

When does your next annual fee come due?

I believe that if your annual fee comes due before April, 1 2019 the annual fee will be $195 for that renewal then $250 the following year.

Edit: The product change wording. Did you have the PRG before the refresh and were then part of the refresh or had you explicitly product changed from another card type?

[Anonymous]

Did you get a product change from the Premier Rewards Gold card?  If so, the annual fee for former PRG holders remains $195 until April 1, 2019 then will be raised to $250 as the renewal dates occur.

[Anonymous]

I had the PRG, next AF will post Aug 2019

[Anonymous]

---

@Anonymous wrote:
I had the PRG, next AF will post Aug 2019

---

Looks like you lucked out then.

[Anonymous]

Very interesting though why they would do this? ... I wonder if anyone else has gotten the same email

[Loquat]

---

@Anonymous wrote:
Very interesting though why they would do this? ... I wonder if anyone else has gotten the same email

---

OP, I received this message today as well. I had the PRG turned Gold and my annual fee isn’t due until 5/2019.  I hope somehow I’ll get locked in on the $195 but not holding my breath.  If (or when) it does go to $250 is when I’ll be when I ditching the card.  Not worth the $250 for me personally. 

[Anonymous]

Called AmEx — They confirmed that my next anual fee will br $195, and that in 2020 will go up to $250.

[FinStar]

I received the same notification.

Like most who got the card before the product refresh, I was approved for PRG in July with the 1st year ($195) AF waiver and the card was upgraded to the Gold Card mid-October.

So, effectively the AF will be $195 at renewal in 2019, then $250 in 2020. For me, the card has plenty of value 😁