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DansDeals Forum => Credit Cards => Topic started by: mochjas on April 28, 2017, 11:04:44 AM

Title: Amex 50% back in points going away
Post by: mochjas on April 28, 2017, 11:04:44 AM
https://thepointsguy.com/2017/04/amex-reduced-airfare-rebate/
Title: Re: Amex 50% back in points going away
Post by: Moshe26 on April 28, 2017, 11:11:18 AM
https://thepointsguy.com/2017/04/amex-reduced-airfare-rebate/
oyyy that's terrible!
Title: Re: Amex 50% back in points going away
Post by: BarryLincoln on April 28, 2017, 11:14:30 AM
Brings it more in-line with CSR at 1.54 cpp... not terrible... can't blame them for making the change.  Hopefully they bring the rebates return period to 24-48 hours...
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:16:36 AM
This is some BS...
Title: Re: Amex 50% back in points going away
Post by: mb1 on April 28, 2017, 11:17:21 AM
Brings it more in-line with CSR at 1.54 cpp... not terrible... can't blame them for making the change.  Hopefully they bring the rebates return period to 24-48 hours...
CSR does't make you jump through hoops to get that value for points nor the $300 travel credit.
A major step backwards for AMEX.
Title: AMEX PLATINUM 50% POINTS REBATE IS OVER
Post by: miles on April 28, 2017, 11:17:52 AM
AMEX PLATINUM 50% POINTS REBATE IS OVER (https://thepointsguy.com/2017/04/amex-reduced-airfare-rebate/)
Title: Re: AMEX PLATINUM 50% POINTS REBATE IS OVER
Post by: as2 on April 28, 2017, 11:18:34 AM
Repost. It isn't over yet.
Title: Re: Amex 50% back in points going away
Post by: yelped on April 28, 2017, 11:18:43 AM
Wow. Now there is absolutely no reason to stay with amex. The csr is way easier to redeem and the travel credit is more and simpler to use.
Title: Re: Amex 50% back in points going away
Post by: Tzfas on April 28, 2017, 11:18:52 AM
Now we know why there was suddenly a delay on the 50%, to minimize the ability to book lots of tickets before the change.
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:19:55 AM
CSR does't make you jump through hoops to get that value for points nor the $300 travel credit.
A major step backwards for AMEX.
+1 I don't need to have the extra point in my account before booking with CSR. This was the main reason I picked this card as a keeper over CSR...oh well
Title: Re: AMEX PLATINUM 50% POINTS REBATE IS OVER
Post by: SearchGuy on April 28, 2017, 11:21:57 AM
Repost. It isn't over yet.
Wait for more threads to come
Title: Re: AMEX PLATINUM 50% POINTS REBATE IS OVER
Post by: as2 on April 28, 2017, 11:22:56 AM
Wait for more threads to come
It's amazing what a quick search can do. I was about to start a thread too, then I didn't.
Title: Re: Amex 50% back in points going away
Post by: myi on April 28, 2017, 11:26:19 AM
This is some BS...
was it really a mistake like Doc is saying? Or it was to pull customers into getting the card with a nice bonus offer and point redemption?

http://www.doctorofcredit.com/amex-reduce-50-rebate-business-platinum-cards-june/?
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:26:36 AM
Even worse is the 500k cap. Even if they left the rebate at 50%, it's killed by the cap
Title: Re: Amex 50% back in points going away
Post by: myi on April 28, 2017, 11:29:59 AM
Even worse is the 500k cap. Even if they left the rebate at 50%, it's killed by the cap
For those that have legit spending or MS, then your going to Need to divide the spending amongst your spouses card as well, and if still with a short fall, just use the chase cards.
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:31:42 AM
For those that have legit spending or MS, then your going to Need to divide the spending amongst your spouses card as well, and if still with a short fall, just use the chase cards.
No its not the earning that's capped, it's the rebates.
Title: Re: Amex 50% back in points going away
Post by: ChaimMoskowitz on April 28, 2017, 11:34:03 AM
Look at the bright side. Maybe the RAT will decide not to go after some criminally.
Title: Re: Amex 50% back in points going away
Post by: aygart on April 28, 2017, 11:36:36 AM
Look at the bright side. Maybe the RAT will decide not to go after some criminally.
You learned the nastiness quickly enough.
Title: Re: Amex 50% back in points going away
Post by: ChaimMoskowitz on April 28, 2017, 11:37:34 AM
You learned the nastiness quickly enough.
Don't confuse reality with nastiness.  :-*
Title: Re: Amex 50% back in points going away
Post by: AsherO on April 28, 2017, 11:40:54 AM
Isn't this bait and switch? They got thousands of applicants to sign up expecting this benefit, and now they are pulling it so soon.

Grounds for class action?
Title: Re: Amex 50% back in points going away
Post by: ChaimMoskowitz on April 28, 2017, 11:42:32 AM
Isn't this bait and switch? They got thousands of applicants to sign up expecting this benefit, and now they are pulling it so soon.

Grounds for class action?
If that was their intent then I would say you have a good case. Problem is "intent" works both ways.  ;)
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:43:24 AM
Isn't this bait and switch? They got thousands of applicants to sign up expecting this benefit, and now they are pulling it so soon.

Grounds for class action?
I can see them allowing these benefits to continue for current cardholders, through their card member year, to avoid any suits.
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on April 28, 2017, 11:43:37 AM
If that was their intent then I would say you have a good case. Problem is "intent" works both ways.  ;)
Most people weren't trying to game the system though....
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on April 28, 2017, 11:43:51 AM
I can see them allowing these benefits to continue for current cardholders, through their card member year, to avoid any suits.
I can't.
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:44:26 AM
If that was their intent then I would say you have a good case. Problem is "intent" works both ways.  ;)
Point is I paid $450 for a card with theses benefits, either refund me, or allow me to finish the year I paid for, on the term I agreed to.
Title: Re: Amex 50% back in points going away
Post by: chayal101 on April 28, 2017, 11:45:21 AM
+1 I don't need to have the extra point in my account before booking with CSR. This was the main reason I picked this card as a keeper over CSR...oh well
If they actually cut out the 50% back. Wouldn't we all have good reason for a refund on the $450/$550 annual fee??
Title: Re: Amex 50% back in points going away
Post by: ChaimMoskowitz on April 28, 2017, 11:46:05 AM
If they actually cut out the 50% back. Wouldn't we all have good reason for a refund on the $450/$550 annual fee??
Sounds fair to me.
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:46:28 AM
If they actually cut out the 50% back. Wouldn't we all have good reason for a refund on the $450/$550 annual fee??
Nobody paid $550 for the 50% back.
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on April 28, 2017, 11:46:41 AM
If they actually cut out the 50% back. Wouldn't we all have good reason for a refund on the $450/$550 annual fee??
I would think so but you never know with amex.
Title: Re: Amex 50% back in points going away
Post by: 12HRS on April 28, 2017, 11:48:34 AM
Nobody paid $550 for the 50% back.

people paid based on the expectation of a sign up bonus worth a certain amount
Title: Re: Amex 50% back in points going away
Post by: yelped on April 28, 2017, 11:49:00 AM
Isn't this bait and switch? They got thousands of applicants to sign up expecting this benefit, and now they are pulling it so soon.

Grounds for class action?
Well, they just sent out thousands of targeted offers for the 150k biz.
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:49:57 AM
people paid based on the expectation of a sign up bonus worth a certain amount
Hmmmm good point, but I don't see that working as well as those who actually signed up for the BP
Title: Re: Amex 50% back in points going away
Post by: ChaimMoskowitz on April 28, 2017, 11:50:18 AM
How about the important stuff now. What will MR BP be worth?
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:51:04 AM
I can't.
You think they will leave it as planned? No refunds either? That would be a damn sure way to lose some business
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on April 28, 2017, 11:51:54 AM
You think they will leave it as planned? No refunds either? That would be a damn sure way to lose some business
What do you mean no refunds?
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:52:10 AM
How about the important stuff now. What will MR BP be worth?
A heck of a lot less than they are now

They may be more valuable as miles instead of MR...
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:52:25 AM
What do you mean no refunds?
Of AF
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on April 28, 2017, 11:53:29 AM
Of AF
Oh, I thought you were talking about the points, I can see them giving some sort of retention but not refunding everyone's AF who asks, I'd love to be proven wrong though.
Title: Re: Amex 50% back in points going away
Post by: ChaimMoskowitz on April 28, 2017, 11:54:45 AM
A heck of a lot less than they are now
So the bright side is WF will bring a higher price.  :)
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 11:55:02 AM
Oh, I thought you were talking about the points, I can see them giving some sort of retention but not refunding everyone's AF who asks, I'd love to be proven wrong though.
Of course. It would most definitely not be labeled as a "AF refund" but maybe a statement credit or points. I can see this becoming a lawsuit though... Time will tell.
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on April 28, 2017, 11:55:13 AM
A heck of a lot less than they are now

They may be more valuable as miles instead of MR...
They're not going to be sellable at 35% back.  You'll get more for a transfer, the problem is going to be for some accounts.....
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on April 28, 2017, 11:55:35 AM
So the bright side is WF will bring a higher price.  :)
Lol
Title: Re: Amex 50% back in points going away
Post by: yitrap on April 28, 2017, 12:14:44 PM
CM shows up with a stack of forks....5X staples and 50% MR BP are out within 24 hours. you sir have some sharp forks
Title: Re: Amex 50% back in points going away
Post by: chayal101 on April 28, 2017, 12:15:03 PM
So when will they be informing their cardholders of this change?? I  'officially' don't read blogs, how would I know? Is there a pop-up message when booking via Membership rewards online?
Title: Re: Amex 50% back in points going away
Post by: myi on April 28, 2017, 12:25:35 PM
I guess it's time to apply now to be able to file the class action law suit.. and get myself a free year. ;) lol
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on April 28, 2017, 12:33:15 PM
Very, very good news http://www.doctorofcredit.com/new-amex-business-platinum-cardholders-will-get-50-benefit-one-full-year/?utm_source=dlvr.it&utm_medium=twitter
Title: Re: Amex 50% back in points going away
Post by: Geshmak25 on April 28, 2017, 12:36:16 PM
I can see them allowing these benefits to continue for current cardholders, through their card member year, to avoid any suits.
[clapping emoji]
Title: Re: Amex 50% back in points going away
Post by: lechatchileh ariber on April 28, 2017, 12:37:47 PM
Correct.
Ok, deleting my post
Title: Re: Amex 50% back in points going away
Post by: AsherO on April 28, 2017, 12:40:28 PM
Very, very good news http://www.doctorofcredit.com/new-amex-business-platinum-cardholders-will-get-50-benefit-one-full-year/?utm_source=dlvr.it&utm_medium=twitter

I asked in a comment (http://www.doctorofcredit.com/new-amex-business-platinum-cardholders-will-get-50-benefit-one-full-year/#comment-397606) (currently awaiting moderation) :

Will grandfathered account holders who get the 50% rebate for a year be subject to the 500k/year limitation? Will they also have to wait many weeks for the rebate to post?
Title: Re: Amex 50% back in points going away
Post by: Geshmak25 on April 28, 2017, 12:42:39 PM
I asked in a comment (http://www.doctorofcredit.com/new-amex-business-platinum-cardholders-will-get-50-benefit-one-full-year/#comment-397606) (currently awaiting moderation) :

Will grandfathered account holders who get the 50% rebate for a year be subject to the 500k/year limitation? Will they also have to wait many weeks for the rebate to post?
The twitter response clearly stated no limitation on points.
Title: Re: Amex 50% back in points going away
Post by: AsherO on April 28, 2017, 12:43:36 PM
The twitter response clearly stated no limitation on points.

Oops, I'm a notorious skimmer...
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 12:45:27 PM
Very, very good news http://www.doctorofcredit.com/new-amex-business-platinum-cardholders-will-get-50-benefit-one-full-year/?utm_source=dlvr.it&utm_medium=twitter

[clapping emoji]
Thank you
Title: Re: Amex 50% back in points going away
Post by: aygart on April 28, 2017, 12:53:12 PM
Friday is cancelled this week or we have a high powered friday depending on your perspective.
Title: Re: Amex 50% back in points going away
Post by: Geshmak25 on April 28, 2017, 01:08:05 PM
Thank you
Although it appears that they're only doing it for ppl that signed up after the benefit was announced (oct 5), not for ppl that had the cc before. At least that's how the twitter wording reads, doesn't necessarily have to be the official policy.
Title: Re: Amex 50% back in points going away
Post by: Aaaron on April 28, 2017, 01:59:30 PM
My two Plats predate that.  Can I upgrade a gold to plat to restart the clock?
Title: Re: Amex 50% back in points going away
Post by: as2 on April 28, 2017, 02:00:38 PM
My two Plats predate that.  Can I upgrade a gold to plat to restart the clock?
TARB
Title: Re: Amex 50% back in points going away
Post by: Aaaron on April 28, 2017, 02:41:26 PM
TARB

TPG says it applies but I want to hear for myself.

Quote
@aa Looking into if this would apply for upgrades. Please allow me some time to get an answer, once I have news will tweet you ^R
Title: Re: Amex 50% back in points going away
Post by: Z56 on April 29, 2017, 04:56:56 PM
Is there an official statement from Amex ?
Title: Re: Amex 50% back in points going away
Post by: eli1571 on April 29, 2017, 06:27:36 PM
 Is this only for the business version ?
Title: Re: Amex 50% back in points going away
Post by: davidmal on April 29, 2017, 09:14:38 PM
Brings it more in-line with CSR at 1.54 cpp... not terrible... can't blame them for making the change.  Hopefully they bring the rebates return period to 24-48 hours...
Well put
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on April 29, 2017, 09:16:32 PM
Well put
If they continue to make us wait weeks for the rebate then it's still not competitive with the CSR.
Title: Re: Amex 50% back in points going away
Post by: aygart on April 29, 2017, 10:13:03 PM
If they continue to make us wait weeks for the rebate then it's still not competitive with the CSR.
It is also worse that you need to have the full amount in your account and only get a rebate later while CSR takes it off the amount charged.
Title: Re: Amex 50% back in points going away
Post by: keemster26 on April 29, 2017, 10:14:24 PM
Is this only for the business version ?
Yes
The personal card doesn't have such a feature
Title: Re: Amex 50% back in points going away
Post by: yelped on April 29, 2017, 10:20:45 PM
It is also worse that you need to have the full amount in your account and only get a rebate later while CSR takes it off the amount charged.
And that it's only for selected US airline. The CSR beats it in every aspect.
Title: Re: Amex 50% back in points going away
Post by: aygart on April 29, 2017, 10:25:23 PM
And that it's only for selected US airline. The CSR beats it in every aspect.
and hotels and car rentals and activities
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on April 29, 2017, 10:27:21 PM
It is also worse that you need to have the full amount in your account and only get a rebate later while CSR takes it off the amount charged.
And that it's only for selected US airline. The CSR beats it in every aspect.
Both true, I see no real reason why the BP is still going to be competitive with the CSR.
Title: Re: Amex 50% back in points going away
Post by: LoLo on April 29, 2017, 10:35:02 PM
Both true, I see no real reason why the BP is still going to be competitive with the CSR.
Because it's a business charge card.
Title: Re: Amex 50% back in points going away
Post by: Solma on April 30, 2017, 02:39:01 PM
Is the Centurion card (Black) also losing this benefit ?
Title: Re: Amex 50% back in points going away
Post by: LoLo on April 30, 2017, 02:43:57 PM
Is the Centurion card (Black) also losing this benefit ?
As of now, No.
Title: Re: Amex 50% back in points going away
Post by: aryeh1 on April 30, 2017, 05:10:08 PM
Do upgraded platinums also get the Year?
Title: Re: Amex 50% back in points going away
Post by: as2 on April 30, 2017, 07:30:15 PM
Do upgraded platinums also get the Year?
Yes.
Title: Re: Amex 50% back in points going away
Post by: elya on April 30, 2017, 07:31:41 PM
Yes.
Source?
Title: Re: Amex 50% back in points going away
Post by: as2 on April 30, 2017, 07:35:32 PM
Source?
From TPG(https://uploads.tapatalk-cdn.com/20170430/f378406ee153a0aecaab0f14c1fffd40.jpg)
Title: Re: Amex 50% back in points going away
Post by: eli1571 on May 18, 2017, 03:02:17 PM
When booking through amex travel, site tells me I'll get 5x points with delta, plus regular amount of points.
1) will I get that even if I pay with points ?
2) Is that only on delta or any US airline ?( its not my selected airline)
Title: Re: Amex 50% back in points going away
Post by: as2 on May 18, 2017, 03:16:49 PM
When booking through amex travel, site tells me I'll get 5x points with delta, plus regular amount of points.
1) will I get that even if I pay with points ?
2) Is that only on delta or any US airline ?( its not my selected airline)
Do you have the personal platinum or the business? When paying cash, all booking on any airline through amex travel will earn you 5 ppd
Title: Re: Amex 50% back in points going away
Post by: eli1571 on May 18, 2017, 06:14:45 PM
Do you have the personal platinum or the business? When paying cash, all booking on any airline through amex travel will earn you 5 ppd
I have the business version.
Question is specifically about when paying with points.
Title: Re: Amex 50% back in points going away
Post by: as2 on May 18, 2017, 06:16:19 PM
I have the business version.
Question is specifically about when paying with points.
My experiences show no points posting for points redemptions on the BP
Title: Re: Amex 50% back in points going away
Post by: mochjas on May 18, 2017, 06:18:46 PM
My experiences show no points posting for points redemptions on the BP
same
Title: Re: Amex 50% back in points going away
Post by: eli1571 on May 18, 2017, 06:27:44 PM
same

My experiences show no points posting for points redemptions on the BP
Thanx,
BTW I find it interesting that they always show delta the first, and only by delta do they show me the offers such as lounge access and 5x, Do they have a special agreement with them ?
Title: Re: Amex 50% back in points going away
Post by: as2 on May 18, 2017, 06:29:21 PM
Thanx,
BTW I find it interesting that they always show delta the first, and only by delta do they show me the offers such as lounge access and 5x, Do they have a special agreement with them ?
Well yes, they are partnered as far as lounge access, but if your preferred airline is delta, it may have set by default to show your preferred airline first.
Title: Re: Amex 50% back in points going away
Post by: eli1571 on May 18, 2017, 06:52:46 PM
Well yes, they are partnered as far as lounge access, but if your preferred airline is delta, it may have set by default to show your preferred airline first.
But they partner with AA as well for lounge access.and I  haven't selected a preferred airline yet.
Title: Re: Amex 50% back in points going away
Post by: as2 on May 18, 2017, 06:53:59 PM
But they partner with AA as well for lounge access.and I  haven't selected a preferred airline yet.
In what way are they partnered with AA?
Title: Re: Amex 50% back in points going away
Post by: eli1571 on May 20, 2017, 06:45:57 PM
In what way are they partnered with AA?
[quote name="eli1571" post=1737145 timestamp=1495147966]
But they partner with AA as well for lounge access.
[/quote]
In what way are they partnered with AA?
Title: Re: Amex 50% back in points going away
Post by: David Smith on May 20, 2017, 06:55:24 PM
But they partner with AA as well for lounge access.and I  haven't selected a preferred airline yet.
That's dead for 3 years, and that wasn't much of a partnership. Amex and Delta are much more involved.
Title: Re: Amex 50% back in points going away
Post by: eli1571 on May 20, 2017, 07:04:07 PM
That's dead for 5 years, and that wasn't much of a partnership. Amex and Delta are much more involved.
Haven't been keeping up on the lounge access, can I not use the platinum card to access the admiral lounge ?
Title: Re: Amex 50% back in points going away
Post by: mmgfarb on May 20, 2017, 09:57:37 PM
Haven't been keeping up on the lounge access, can I not use the platinum card to access the admiral lounge ?
No
Title: Re: Amex 50% back in points going away
Post by: Welder on May 24, 2017, 10:02:49 PM
I was going to downgrade and re-upgrade my BP to get another full year. But I just spoke with a manager who said all the accounts opened in that time-frame (10/1/16-5/31/17) have been grandfathered in for one year - until 5/31/18 and it has nothing to with account opening date. He read to me the exact working of note on my account re the grandfathering and the note does not qualify the year as being "from card opening date". The manager thought it was clear the year meant from now, from when the "grandfathering" was done, which is May '17.
Title: Re: Amex 50% back in points going away
Post by: elya on May 24, 2017, 11:26:34 PM
I was going to downgrade and re-upgrade my BP to get another full year. But I just spoke with a manager who said all the accounts opened in that time-frame (10/1/16-5/31/17) have been grandfathered in for one year - until 5/31/18 and it has nothing to with account opening date. He read to me the exact working of note on my account re the grandfathering and the note does not qualify the year as being "from card opening date". The manager thought it was clear the year meant from now, from when the "grandfathering" was done, which is May '17.
Im lost. English please?
Title: Re: Amex 50% back in points going away
Post by: as2 on May 24, 2017, 11:35:08 PM
I was going to downgrade and re-upgrade my BP to get another full year. But I just spoke with a manager who said all the accounts opened in that time-frame (10/1/16-5/31/17) have been grandfathered in for one year - until 5/31/18 and it has nothing to with account opening date. He read to me the exact working of note on my account re the grandfathering and the note does not qualify the year as being "from card opening date". The manager thought it was clear the year meant from now, from when the "grandfathering" was done, which is May '17.
That would be awesome! I wonder if this is a case of DROPR, or maybe specific to you?
Title: Re: Amex 50% back in points going away
Post by: Welder on May 24, 2017, 11:48:23 PM
That would be awesome! I wonder if this is a case of DROPR, or maybe specific to you?
Indeed.

It sounded like it applied to all cards, but of course DROPR is always a concern, though in this case he was higher up than a typical phone rep and he sounded pretty confident in his interpretation of the grandfathering policy.
Title: Re: Amex 50% back in points going away
Post by: as2 on May 25, 2017, 12:02:20 AM
Indeed.

It sounded like it applied to all cards, but of course DROPR is always a concern, though in this case he was higher up than a typical phone rep and he sounded pretty confident in his interpretation of the grandfathering policy.
Interesting. The email and letter I received, specifically said " but for you, this change does not go into effect until one year from the date your Business Platinum Card was issued." Unless something changed?
Title: Re: Amex 50% back in points going away
Post by: eliteflyer on May 30, 2017, 07:47:39 AM
Too late to downgrade (and if so, to what, Green or Gold ?)  and upgrade (same day)?
Title: Re: Amex 50% back in points going away
Post by: tzifanya54 on May 30, 2017, 08:01:40 AM
Indeed.

It sounded like it applied to all cards, but of course DROPR is always a concern, though in this case he was higher up than a typical phone rep and he sounded pretty confident in his interpretation of the grandfathering policy.
The confident ones Is where "DROPR" is most applicable!
Title: Re: Amex 50% back in points going away
Post by: LoLo on May 30, 2017, 09:52:22 AM
The confident ones Is where "DROPR" is most applicable!
+1, Dude in rite aid was really confident that buying a gc with a cc is a federal crime.