thinking of downgrading my amex

darkfrosty · ‎01-12-2014

I currently have amex platinum and i do like it but I was thinking about downgrading it for awhile to the PRG since you can earn more points at supermarkets and gas stations and the fee is much less. What do you guys think? It seems like the platinum keeps having perks being pulled away. No more aa or us lounges .. delta lounges now charge for guests.

CSR | Ink Business Preferred | Amex Platinum | NFCU Cash Rewards

ibmrad7 · ‎01-12-2014

If fee is your conern then call them. I made a call last month for closing my Platinum and they offered 50K points or 450$ statement credit.

darkfrosty · ‎01-12-2014

did that last month and only got 15k

CSR | Ink Business Preferred | Amex Platinum | NFCU Cash Rewards

ibmrad7 · ‎01-12-2014

@darkfrosty wrote:
did that last month and only got 15k

Sorry!!!! Did you try multiple times? I had to call in 4 times to get 50K

darkfrosty · ‎01-12-2014

nope just two times

CSR | Ink Business Preferred | Amex Platinum | NFCU Cash Rewards

Anonymous · ‎01-12-2014

Certainly worth calling and talk about cancelling (providing you are ready to actually have the card cancelled!). With the recent decline in benefits, it's possible that Amex will find some additional (useful) perks, so some take a wait and see attitude, but I assume that a lot of people now are at least considering cancellation, so they may be more willing to give retention offers.

darkfrosty · ‎01-12-2014

highly doubtful when i got a retention like 1-2 months ago

CSR | Ink Business Preferred | Amex Platinum | NFCU Cash Rewards

bigblue7722 · ‎01-12-2014

@darkfrosty wrote:
I currently have amex platinum and i do like it but I was thinking about downgrading it for awhile to the PRG since you can earn more points at supermarkets and gas stations and the fee is much less. What do you guys think? It seems like the platinum keeps having perks being pulled away. No more aa or us lounges .. delta lounges now charge for guests.

The only way you could get me to pay 425 bucks for a card is if the chick from big bang theory sits next to me everytime I use the lounge lol

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.

LearningMoreAboutCredit · ‎01-12-2014

@darkfrosty wrote:
I currently have amex platinum and i do like it but I was thinking about downgrading it for awhile to the PRG since you can earn more points at supermarkets and gas stations and the fee is much less. What do you guys think? It seems like the platinum keeps having perks being pulled away. No more aa or us lounges .. delta lounges now charge for guests.

If this card (or any for that matter) doesn't meet your specific needs, downgrading is an alternative. You have pretty much answered your own question in providing us the details. Personally, I don't have a plat but I do have the PRG and I'm considering PC to Senior Gold or Green before AF kicks in. You are the best advocate for your credit needs and I wish you luck on whatever you decide.