Justifying a premium credit or charge card for your traveling pleasure

Update: American Express relaunched the Premier Rewards Gold charge card as the Gold Card, making it a viable contender for your premium card needs. See our writeup here.

Something that comes up on many travel and credit forums is the topic of seemingly-obscene annual fees on certain premium credit cards. Cards like Citi AAdvantage Executive, Chase Sapphire Reserve, and Amex Business Platinum come with a $450 annual fee, and the gold standard (erm, platinum standard) American Express Platinum went to $550 a year last year.

Once upon a time, annual fees were a given in much of the credit card landscape, and rarely came with enough benefits to counter the fees. Today, many of these cards have features that compensate for, or even exceed the value of, the annual fee. In today’s post we’ll take a look at some of the most common benefits (especially with regard to the four cards listed above), and when you might find them worth the fee.

Travel Credits

Several cards provide a travel credit of some sort as part of their benefit portfolio. American Express offers a $200 “fee rebate” on their Platinum and Business Platinum cards, and a $100 rebate on Premier Rewards Gold, which can offset the $550, $450, and $195 fee respectively. These rebates only apply to certain charges, such as checked bag fees, flight change fees, and earlybird check-in for Southwest. The terms and conditions explicitly exclude tickets, upgrades, and gift cards, although some people have been reimbursed for these under certain conditions.

We’ve been reimbursed for Main Cabin Extra fees (and received 5x MR points on top of that) with American Airlines in the past, as well as earlybird check-in on Southwest, so charges like that seem common. There are threads on various travel forums with data on what has worked and hasn’t with regard to other charges (including airline gift cards).

Amex offers an additional travel credit of sorts on the personal Platinum charge card (not Business), in the form of a $200/year Uber credit. You receive $15 per month in credits, with an extra $25 in December, usable for Uber and even Uber Eats. Credits do not roll over, and they are not usable with other ride sharing services.

The Chase Sapphire Reserve card has a much more generous travel credit, in the form of a $300 annual credit that is applied automatically to travel expenses including air travel, taxis and ride shares, hotel charges, etc. We’ve had Las Vegas monorail tickets, hotel stays, as well as Uber and Lyft charges rebated on the date of charge posting, and were able to fully exhaust the credit in about a month.

If you exhaust the travel benefits above, Platinum comes down to effectively $150/year, Business Platinum to $250, Premier Rewards Gold to $95, and Chase Sapphire Reserve to $150. Considering that many midgrade cards have an annual fee of about $100 (including Chase Sapphire Preferred at $95, Barclaycard Arrival Plus at $89), you’re pretty close to even.

Lounge Access

Another benefit of use to frequent travelers is airport lounge access. American Express Platinum charge cards include the Global Lounge Collection, Centurion Lounges, Delta Sky Club (when flying Delta), and Priority Pass. Chase Sapphire Reserve includes the Priority Pass benefit. The Citi AA Executive card includes Admirals Club access, even when not flying on American.

We feel that Centurion Lounges are the best choice where available, but there are only seven in the United States (with the eighth, Dallas Fort Worth, expected to reopen in its new location in October 2018). There are seven other Amex lounges, plus a Centurion Lounge in Hong Kong, outside the US, and three more Centurions are opening next year (LAX, Denver, and New York’s JFK).

American is more generous with their lounges, with 55 Admirals Clubs around the world, often hosting more than one club per airport in places like LAX and DFW. You only need your Citi card and ID when using an Admirals Club lounge.

You can also access Alaska lounges (when flying American, Alaska, or Virgin), Quantas (when flying Qantas or certain American flights out of Auckland and Sydney), and other partner lounges (when flying American).

Priority Pass is included with the Amex and Chase options, but not Citi AA. There are about 1200 lounges worldwide in the Priority Pass Network, and the Chase and Amex memberships allow you and two guests to enter for free. If you’re not near an actual lounge, there are 25 “restaurant lounge” options in the US, where your allowed contingent gets a $28 credit per person ($30 at PF Chang’s in LAX) toward food and drink in a partner restaurant in lieu of a lounge stay. There are also lounge restaurants outside the US, and your Priority Pass app or the website will tell you what’s available per airport.

Conservatively, we estimate a $25 value for a lounge visit if you have a meal and a cocktail. Some may be more (a five hour wait at a Centurion club could result in $100 worth of cocktails alone, for example), and some lounges may not have that much value (cheese cubes and soda only go so far), but three round trips for two can bring you a $150 value or more, which brings Business Platinum to $100 and wipes out the other cards’ fees. Traveling with family or colleagues/friends can double or triple that value (or more).

Hotel and Auto Status

American Express Platinum offers Hilton Honors Gold, Starwood Preferred Guest Gold Elite (which may change as they update for the Marriott/Starwood loyalty merger), as well as Avis, Hertz, and National auto rental programs. Business Platinum offers similar benefits.

The value of these will depend on where you stay and what privileges you take advantage of, but in addition to welcome amenities, free upgrades, breakfasts, water bottles, and bonus points/points multipliers, they can really add up if one of these programs is your preferred program.This is especially true if you’re not staying enough to earn the status organically, but often enough to enjoy the occasional benefits.

Chase Sapphire Reserve offers National, Avis, and Silvercard benefits, but no hotel status benefits. AA Executive does not offer any status benefits with hotels or car rentals.

Additionally, American Express offers the Fine Hotels and Resorts program, which we’ve written about before (Delano, Aria), as well as the Hotel Collection, for premium hotel experiences. Chase has the Luxury Hotel & Resort Collection, which is analogous to the FHR program. FHR and LHR offer upgrades, breakfasts, early check-in, late check-out, occasional free days at certain properties and other benefits which can easily be worth $60 or more per day of your stay.

Additional noteworthy benefits

All four cards mentioned offer a fee credit for Global Entry and/or TSA PreCheck, which is worth $85-100 every five years. If you have more than one card, you can use the fee credit for a friend or family member; authorized users may get their own credit as well. We recommend getting Global Entry if you think you might leave the country and come back within 5 years, but even with PreCheck, that’s $17/year in value.

Amex Platinum offers Boingo wifi access, while Business Platinum provides ten Gogo inflight internet passes in addition to the Boingo wifi network. Both cards also provide ShopRunner access, which provides free 2-day shipping at many online retailers.

The personal card offers a $50 Saks Fifth Avenue statement credit every six months. The business card offers a 35% points rebate when you pay-with-points for air tickets through Amex Travel.

Chase provides additional redemption value when booking travel through the Chase Ultimate Rewards portal. When compared to Chase Sapphire Preferred, 10,000 points would be worth $150 with the Reserve card, versus $125 with the Preferred card (if you choose to redeem for cash/statement credits, the value is $100 either way).

Both Amex and Chase cards offer bonus points on certain travel expenses (Chase with 3x points on travel and dining; Amex with 5x points on certain air and prepaid hotel charges). These values may vary depending on whether you redeem through the card issuer’s portal or transfer points to a partner, so you would have to decide what the points bonuses are worth to you.

There are also extended warranty and purchase protection benefits as well as concierge services with the Amex and Chase offerings.

You may have noticed we haven’t talked much about the AA Executive card in this section. Its benefits are meager beyond lounge access, to be honest; you get a 25% rebate on inflight food and beverage purchases, double AA miles on American Airlines purchases, and 10,000 AA Elite Qualifying Miles if you spend $40k in a year.

Citi Price Rewind is available on this card, which gives you 60 days to match to a lower price on an item you purchase with the card, and get the difference credited back to your card. We’ve used this benefit before, but it’s also available on the Citi Double Cash card, with 2% cash back and no annual fee, so it’s not really a motivator toward the AA Executive card.

So what card do I want?

The easy one to call on is the Citi AA Executive Mastercard. If you are often in airports with Admirals Club lounges, the Admirals Club membership benefit is a pretty good value. Without Executive Platinum status, the membership would be $550 the first year and $500/year on renewal, so you’re getting that benefit for $50-100 off even without the other meager AA Executive benefits. We consider this card worthwhile for the lounges alone, but we travel several times a year and use the lounges at least once a month on average.

The other three cards (Amex Platinum personal and business charge cards, and Chase Sapphire Reserve credit card) can easily make up their annual fees if you only travel a couple of times a year. Having more than one may be a harder deal to compensate for, but a well timed luxury hotel stay could bring you $500 or more in value on any of the cards.

The cash value breakdowns are as such:

  • Amex Platinum (Personal): $550 fee. $200 fee rebate, $200 Uber credits, $100 Saks credit, $17-20 amortized TSA Pre/Global Entry value. Remaining effective fee: $30-33.
  • Amex Platinum (Business): $450 fee. $200 fee rebate, $17-20 amortized TSA Pre/Global Entry value. Remaining effective fee: $230-233.
  • Chase Sapphire Reserve: $450 fee. $300 travel credit, $17-20 amortized TSA Pre/Global Entry value. Remaining effective fee: $130-133.
  • Citi AA Executive: $450 fee. $400-550 lounge membership. Remaining effective fee: $0 (sorta).

If you take lounge access into account on the non-AA cards, or any of the other benefits mentioned above, you should be able to bring the effective fee to zero or better. And while the Business Platinum card has less cash-type benefits, you can probably deduct its annual fee on your taxes (consult your tax professional to be sure) if you are using it for an actual business.

Have you taken the plunge with one of these premium cards, and if so, was it worth it to you? Let us know in the comments.

Disclaimer: We don’t put referral links to credit cards in our posts, and we don’t get any consideration from credit card issuers for our coverage. They don’t review, promote, or (probably) even know about  this blog. For some of the cards discussed, we can provide individuals with a personal referral link if you’re interested.

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Breaking even on Founders Card in one week

We’ve written a bit here on rsts11travel about FoundersCard, a membership program for entrepreneurs and small/medium business operators that provides lots of travel, business, and lifestyle benefits for an annual fee of $295-595 (usually $395). We’ve also answered questions on various travel forums about it. But we haven’t really given a detailed review.

The short summary I’d give would be that, if you run a business or work for a small business where you manage your own travel, or if you find yourself in Las Vegas or Lake Tahoe or Atlantic City more than once a year, it’s pretty easy to make up the value of the membership fee without too much effort. If you travel more, use business and lifestyle services (more on that shortly), or buy technology for your business, it truly becomes a no-brainer. If you are limited to corporate travel or no travel and don’t use business services, it’s probably not for you.

We’ve been members for about three years now, with Robert (the site owner) having the annual membership and his partner having the spouse membership (which is a one-time fee for life). The first year we saw about $1,000 in value, and the second year at least half that (which exceeded the total cost of membership). The third year was looking a bit light due to less travel, but in one week in Las Vegas we recouped this year’s cost and then some.

A caveat for anyone considering membership: If you are choosing to apply because of one benefit, keep in mind that there’s no guarantee that any particular benefit will be renewed from year to year, or will remain the same from year to year. Think about a range of benefits that may be of use to you before putting the money down, to minimize the disappointment if your one sacred benefit goes away in a few months or a year.

The Roman Emperor In The Room

Many FoundersCard fans consider the Caesars Entertainment benefit, Total Rewards Diamond status, to be worth the price of membership on its own. Continue reading “Breaking even on Founders Card in one week”

Newsflash: American Airlines status buy-up for 2018

Welcome back to rsts11travel. We’re here today to let you know that if you’re running short on qualification for next year’s AAdvantage status, you may be able to buy up to retain status.

We did a status challenge last year at this time (through FoundersCard) to get Platinum status through January 2018. Alas, travel slowed down at work and in our personal lives this year, and we’re way short of the qualification to keep status through January 2019. And American has a policy of only allowing “quick qualification” once every five years, so while FoundersCard had another status challenge offer recently, we’re not eligible.

This morning, the buy-up offer came into our email. The price to upgrade will vary based on how close you are to qualifying; your travel plans for 2018 will definitely tie into whether it’s worth spending cash to regain status.

For us, it’s probably not going to be worth paying to upgrade. Since our American mileage and spend was lower this year than the previous year, we’re looking at about $750 for Gold and $1500 for Platinum. If we win the lottery, then we’ll probably re-up (or just fly for a week and enjoy organic status). Otherwise, we’ll probably slip down for a year and consider status challenges or matches elsewhere.

There are two possible side benefits (beyond the status) of buying-up to a status level.

The first side benefit is that if you use a travel card (especially American Airlines cards, but possibly other travel rewards cards), this spend should qualify for the bonus points and other benefits. For example, the AAdvantage Executive World Elite MasterCard from Citibank has two benefits for spend:

So that $1500 for Platinum would give us 3000 miles and almost 4% of the spend to get 10k EQMs (although doing it now wouldn’t help much, as it’s per-calendar-year).

You might be able to use travel-eraser cards to credit back the cost of your upgrade, or use travel credits from a premium card like Chase Sapphire Reserve or certain American Express cards, depending on your card and how the charge is classified/posted.

The second side benefit is noted in the buy-up offer:

Plus, your purchase price will count toward your Rolling Elite Qualifying Dollars, helping improve your upgrade priority.

So that Platinum buy-up would give 1500 EQDs toward the next year’s status, and help with ranking for upgrades.

Have you considered buying your status upgrade for 2018? Have you found any other ways to take advantage of travel card benefits with this upgrade? Share in the comments!

Quick take: Admirals Club at SFO, and a minor reroute on the way to DCA

We’re back from nearly a week in the nation’s capital, Washington, D.C., for a little bit of sightseeing and a lot of the Splunk annual user conference, .conf2017. Trip report on that coming soon, so watch this space. But for now…

Sit a spell, for a bit about lounges

As our regular readers  know, I’m rather fond of the Centurion Lounge at the Las Vegas McCarran (LAS) airport, and I had hoped to try out the San Francisco International Airport (SFO) Centurion Lounge on this trip, as well as spending a couple of hours at the Dallas-Fort Worth (DFW) Centurion Lounge. American Express Platinum charge card holders get free access to these lounges. I’d also scored an upgrade with my often-useless 500-mile certificates, for the DFW-DCA segment.

[Side note: Amex has changed how access to the Centurion Lounges is handled for non-Platinum Card holders; see our post on this change for more details.]

I got to the airport early, PRE and CLEAR, and got through security at my gate’s concourse before realizing I’d have to go out and around to get to the Centurion Lounge. Even with TSA PRE and CLEAR, I didn’t relish two more security adventures, and may not have been awake enough to be sure I could find my way.

Luckily, there was an American Airlines Admirals Club lounge just inside security, and with the Citi AA Executive Master Card, I get “free” access. So I went in, and the agent inside checked me in, looked at my AA itinerary to DCA, and then made a face.

It seemed that the plane I was scheduled to fly out to DFW on was on maintenance still, with less than two hours till scheduled takeoff. The agent said he’d seen a similar situation recently where the flight finally left 10-12 hours behind schedule, so he poked around for a few minutes to rebook me through Chicago O’Hare (ORD). He also got my checked bag rerouted to the new plane. I was disappointed to have a shorter layover, no upgrade, and no Centurion Lounges at all, but I’d get into DCA three hours earlier and have time for dinner at my destination.

When I got to my departure gate, the flight I had originally booked was at the next gate over, reporting boarding in 8 minutes, with no plane in sight. By the time I was boarded, they’d moved departure on the other flight from 8:00am to 8:30, and when I checked in Chicago, they’d finally departed a bit before 10am. Not as bad as the lounge agent had feared, but still….

My flight to ORD gave me time to get a pair of sleep socks from the Project Fi Travel Trolley, spend about an hour in the Admirals Club above the H/K concourses, and get onto my flight (with business class upgrade after all) to DCA.

When I checked in, the agent at priority check-in didn’t tell me about the maintenance situation. If I had gone to the Centurion Lounge across the airport, they probably wouldn’t have had access to that information either. So while I do still want to try the SFO Centurion Lounge, and will still visit the LAS lounge whenever I’m in town, there was a definite upside to using my traveling airline’s lounge instead.

Have you had any interesting lounge experiences lately? Share them in the comments, or join the conversation on Facebook.

Quick Take: Amex Locks Down Centurion Lounge Access For Some Cardmembers

[Note: This is slightly older news; the announcement was a couple of weeks ago and the changes took effect a week before this posting.]

American Express offers a number of proprietary lounges in about a dozen airports around the world under the Centurion Lounge brand. With complimentary buffet-style dining, a premium bar, facilities for business travelers as well as families, and usually-better-than-general-airport-WiFi, the Centurion Lounges can be a welcome respite before hopping on a plane.

Platinum charge card cardmembers (but not platinum credit card holders, like those with the Delta American Express Platinum cards) have long had access and the ability to bring family and friends along with them. Other American Express cardholders could purchase a day pass for $50, much as some airline-specific lounges also allow.

Unfortunately, this has led to crowding in some of the lounges, and dissatisfied customers (many of whom now pay an additional premium in the form of a $550 annual fee, vs the former $450 fee), and Amex believes they have found a way to attempt to address this.

As of October 2, 2017, American Express has eliminated the option for other American Express cardmembers to purchase guest passes.

Platinum cardmember access remains unchanged, with members allowed up to two guests, and additional guest passes being $50 per day per guest. Centurion Card holders can bring two guests or their immediate family along, with the same guest pass option. This is actually unchanged from the previous policy.

Guest passes are valid all day, so if you’re bringing extra guests along through multiple airports with Centurion Lounges, you only need to buy one pass per day.

What does it all really mean?

If you are a Platinum charge cardmember, there’s no change. Personal Platinum cardmembers will see the $550 annual fee take effect in the next cycle, if your fee hasn’t come up since May 2017, along with the other benefits we covered when the fee hike was announced.

If you are an American Express cardmember who had used the $50 day pass option, you lose that option, but of course you could apply for (or upgrade to) a Platinum card if you use the lounges enough.

With free food and alcohol available in the lounge, as well as a relatively quiet place (until the super-important business person has a shouting match on speakerphone by the window, of course), I find it easy to consider the lounge worth $50 a visit if I have more than an hour to wait, or if I’m traveling with my family. Two premium drinks and a modest meal would easily come to that much outside the lounge, even for a solo traveler.

So you’d have to do the math, considering how often you travel through a Centurion Lounge airport. Today that includes DFW, LAS, LGA, SFO, MIA, SEA, HOU, and soon Hong Kong and PHL. You’d also take into account which other benefits of the card you use, such as Amex Fine Hotels & Resorts and the $200/year Uber credit, if travel is your primary benefit from Platinum.

Amex does have Priority Pass Select, Airspace, Delta Club (when flying on Delta), and Escape Lounges in addition to the Centurion and Amex International Lounges. However, some of those options are available through other means, including airline fee rebates or other cards offering Priority Pass variants.

My math has worked out the last couple of years, in that I can use Uber for personal transport during business trips, and I visited Las Vegas about 8 times in the past year. I can’t be sure if that will be the case in the next year, but we’ll see.

We wrote about changes to the American Express personal platinum card in March.

Photo credit: Featured photo from American Express

Quick Take: Save on CLEAR with Delta Airlines SkyMiles and Amex

If you live near an airport that has CLEAR, you probably know the benefits. For a $179 annual fee, you get to skip most of the line, using biometrics and your boarding pass to skip the initial TSA checkpoint. With TSA PRE or one of the other services that offers it (like Global Entry, SENTRI, NEXUS, etc), you are dropped right into the PRE line, and can easily make it from ticket counter to the other side of security in 5 minutes or less.

There are a number of options to save on CLEAR. For example, if you’re a FoundersCard member, you get six months free and a $140 annual rate after that. FoundersCard is a bit pricy on its own, but there are a couple of ways to make it pay for itself. [Click here for our referral link, which will save you $100 on FoundersCard membership.] Most airports with CLEAR have codes advertised for two free months, and members have referral codes (ours is here) that can get you free months and/or a similar discount.

The best way we’ve found, and the way we use ourselves, is through the Delta Air Lines partnership. If you’re a Delta Sky Miles member (even if you just joined last month), you get an annual rate of $99. If you are Silver, Gold, or Platinum with Sky Miles, or have one of the three top Delta Amex cards (personal or business), your rate is $79. If you are Diamond Medallion with Sky Miles, your CLEAR membership is free.

If you’re already a Delta Sky miles member and want to join CLEAR, this is definitely the way to go. Worst case, you save $80/year. Best case, you get your membership for free. And if you’re not a member, go ahead and sign up, wait a few days, and then use your Sky Miles number to get that $80/year discount.

Full details and signup are at https://www.clearme.com/delta

Obviously if you’re not in, or often flying from, one of the 20 or so airports that have CLEAR, this won’t be worth it. Note that there are also CLEAR lanes at San Francisco’s AT&T Park, Miami’s Marlins Park and American Airlines Arena, Denver’s Coors Field, and Comerica Park in Detroit, so sports fans and concertgoers might benefit even without booking a single flight.

Disclosure: If you use our affiliate links for CLEAR and/or FoundersCard, we may receive valuable consideration, but the recommended option in this article does not benefit us in any tangible way.

Quick Take: Rideshare partnerships to double/triple dip

Most of our readers are rideshare users, whether Lyft or Uber or both. And most of you also use other travel providers, right? What if you could take advantage of multiple promotions to make the most of your rideshare usage?

Well, you can, and in this quick take we’ll point you toward the ones we know about. If we miss any, let us know in the comments and we’ll update accordingly.

Lyft

We’ve found two Lyft partnerships that you can sign up for as a rider, and one driver promotion as well. Check your Connected Services page while logged into Lyft to see if you’re already registered.

JetBlue (Lyft, JetBlue) offers 30 TrueBlue points for every airport ride you take with Lyft. Incidentally, rides near an airport may count; we’ve seen a number of Las Vegas Strip rides report the 30 point credit in the app, even going from hotel to hotel, although this may only apply if one of your ride endpoints is adjacent to the airport (i.e. Mandalay Bay complex).

Delta (Lyft, Delta) offers 1 Delta SkyMile per dollar spent on rides, and through November 1, 2017, 3 SkyMiles per dollar on airport rides.

Shell Fuel Rewards (Lyft, Fuel Rewards) has a special offering for Lyft Drivers only (not riders). If you’re in the driver’s seat for Lyft, this one will be worth looking into, but for riders/travelers, it’s not so useful.

Uber

We’ve found two Uber partnerships that you can sign up for, and two you may already be getting. Check your Rider Profile page to see if you’re already connected.

Starwood Preferred Guest (Uber, Starwood) lets you earn 1 Starpoint per $2 spent with Uber anytime, and 2 Starpoints per $1 spent with Uber during a Starwood stay. There is a catch, in that you have to have one qualifying Starwood stay before the points promo will be effective. Also, it appears that only paid nights on “eligible rates” qualify to activate the promotion.

American Express Platinum (Uber, Amex) also offers a valuable Uber benefit, as long as you have a Platinum charge card linked to your account (you don’t even have to pay for rides with it). As of Summer 2017, Amex Platinum cardmembers receive $15/mo in Uber credits, with a $20 December bonus (or $35 total for December), as an automatic benefit of the expanded annual fee. Uber VIP status is also granted where available. See our earlier coverage of the Platinum changes, and remember that Platinum *credit* cards like the Delta cards do *not* count for this benefit.

American Express Membership Rewards offers 2x MR points on Uber rides charged to an eligible American Express card that earns MR points, or you can use points to pay for an Uber ride. The earning is a better deal, in that your Uber redemption is only 1 cent per MR point. But you can choose on each ride when you apply an eligible Amex card.

VISA Local Offers (Uber, VISA) is also worth a look. This is a program that is tied to specific credit cards, and if you use a card registered with Local Offers at a venue offering the promotion, you are eligible for a credit to your Uber account based on spend at the venue. We’re not seeing this option in our app though, so your mileage may vary (or we may have already registered for it).

Credit card travel benefits may apply

Remember that some credit cards offer promotional bonuses for travel expenses including rideshare spend.

Cards like Discover, Chase Freedom, and the like offer quarterly categories that may include ground transportation, but you’ll need to register each quarter and keep track of the categories. It doesn’t look like Discover or Chase have any ground transportation promos for the rest of 2017 though, but check again in December.

Capital One has been known to offer promos with their Quicksilver cards.

Chase Sapphire Reserve and Preferred have a year-round bonus earn for travel spend (see right) which generally includes taxis and rideshares.

And of course, cashback cards are a reasonable option if you don’t have a better option, especially those like Citi Double Cash that offer a flat 2% back.

Did we miss any tips and tricks that you’ve used to optimize your rideshare benefits? Share in the comments and we’ll investigate and update appropriately.

Disclosure: All offers are valid as of September 5, 2017, as noted; no links in this post (above this disclosure) as of September 5 are affiliate or referral links. If you do still need to sign up for Lyft (RSTS11TRAVEL) or Uber (DHOVJ), you can use the codes/links  just mentioned, or the links at our Support Rsts11Travel page.

Changes in Amex Platinum – and 3 reasons to keep the card

Over the last couple of weeks American Express has revealed tweaks to their personal Platinum charge cards. Most of the finance and travel bloggers I read agree that, while Amex has been under pressure to improve their offerings in response to the Chase Sapphire Reserve card, they’ve made changes that were not as much of an improvement as many cardmembers had hoped.

Imagine Bart Simpson pointing at a cake right about here.

In return for a $100/year increase in annual fee (now $550/year), the personal Platinum card offers up to $200/year in Uber credits, 5x Membership Rewards (MR) points on prepaid hotels booked through amextravel.com, and… that’s about it for tangible enhancements.  Continue reading “Changes in Amex Platinum – and 3 reasons to keep the card”

Cattle class coming to American Air – how do you make it better?

American Airlines sent notifications this morning that they’re introducing their Basic Economy fares in late February, 2017.

Joining United and Delta in this bottom-tier offering, American says you’ll soon be able to save some money by forgoing overhead bins, seat assignments prior to check-in, flight changes, or boarding before the last group. As an extra “bonus,” American will give you half an Elite Qualifying Mile (EQM) for each mile flown in Basic Economy. That’s half the EQMs you’d get in regular economy.

Two other enhancements are that you can pay a fee to select a seat 24 hours before your flight, and gate-checking a bag for Basic Economy will carry a bag fee and a $25 gate service fee. Continue reading “Cattle class coming to American Air – how do you make it better?”