Rumors- Amex Platinum AF to $1000?

[NoMoreE46]

Article from TPG:

amex-platinum 

Thoughts?

[swankytiger]

I dont think they will break that barrier yet. $895 or $995 yes, but not the 4 digit barrier.

[FICOdawg]

Even if I had high spend, this would not make sense given the other options out there.....  

[dfwxjer]

---

@FICOdawg wrote:

Even if I had high spend, this would not make sense given the other options out there.....  

---

I'll wait to see what the refresh will bring as far as benefits go. I don't put high spend on my Platinum card but we more than make up the annual fee in benefits at the current AF. In fact, we could justify $1000 AF with the current benefits... 

[Saleen099]

Welcome to your $300 Resy credit to justify the $300 increase in the annual fee 🤣😂🤣

[FICOdawg]

I have decent spend from work travel but it be really dumb for me to not put it on hotel/airline card as the rewards far greater.

What benefits do you think make that card worth it?   I'm not seeing it.   

[CreditCuriosity]

Don't think they will do it as that is a threshold for most and a mental barrier they are already pushing it for most especially if they stick you with a preset spending limit.  The churn rate on the platinum has to be pretty steep as once people get the bonus they usuallly dump it after a year and only become worse if they increase the AF.

[dfwxjer]

---

@FICOdawg wrote:

I have decent spend from work travel but it be really dumb for me to not put it on hotel/airline card as the rewards far greater.

What benefits do you think make that card worth it?   I'm not seeing it.   

---

The FHR benefits are pretty lucrative for us, as is the cell phone insurance. I've typed out the value we get from it in a different post but it far exceeds the AF with only organic spend. The lounge access helps too since my home base is DFW and they have a CL. Pretty sure we drink our af throughout the year lol. 

[NoMoreE46]

---

@dfwxjer wrote:

---

---

The FHR benefits are pretty lucrative for us, as is the cell phone insurance. I've typed out the value we get from it in a different post but it far exceeds the AF with only organic spend. The lounge access helps too since my home base is DFW and they have a CL. Pretty sure we drink our af throughout the year lol. 

---

[SpaceCityCCuser]

Everyone should look at their current lifestyle and the spend they already do. If the credits cover what you already are doing then it makes total sense. If you are going out of your way to use credits, it is likely not the right card for you.

---

---

The FHR benefits are pretty lucrative for us, as is the cell phone insurance. I've typed out the value we get from it in a different post but it far exceeds the AF with only organic spend. The lounge access helps too since my home base is DFW and they have a CL. Pretty sure we drink our af throughout the year lol. 

---