Amex Platinum Renewal? Thoughts From Our “For What It’s Worth Department”…

Amex Platinum annual fee is coming due.  Time to get serious, how bad do I need the card, how bad do they want to keep me.  Called the Amex # and asked for the Retention Department.  Transferred and the dance began.  We finally settled on two options; $300.00 credit or 30,000 Membership Rewards Points, if I agreed to renew.  The card has a $450 annual fee and is loaded with benefits.

$300.00 credit is great.   All of the cards incredible benefits for $150.00 ($450 fee-$300 credit) or:

30,000 MR Points, valued at ~.019 per point=$570 in possible travel value, hmmm…A round trip plane ticket to LAX for two costs~$700 or ~60,000 MR Points (Insider Flights) AND with the Amex Business Platinum, thru Amex Travel , I get half the Points back. ¬†So ~$700 in value for 30,000 points is what I end up receiving.

I took the 30,000 points and ran away with a big smile. ¬†That’s value!

Always give the card issuer a chance to keep you. ¬†If you’ve been a good client for them, everybody ¬†wins.

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About The Author

Travelinggump

Avid World Traveler who uses Points and Miles to enhance the Travel Experience. If you want to learn how, follow my Blog for Tips, Reviews and Ideas to get started.

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