Press J to jump to the feed. you cancel the card in Jan? [–]hdatontodo 1 point2 points3 points 5 years ago (0 children). The Platinum Card® from American Express also provides access to the Platinum Concierge that can help you make travel arrangements and book hard-to-get reservations to restaurants and events. If I use the uber credits and airline credit, it's deducted from the original card holder's credit? You should get the annual fee back on a prorated basis. [–]SJ0 3 points4 points5 points 5 years ago (3 children). See my recent post?https://www.reddit.com/r/churning/comments/42brpx/american_express_retentions_on_spg_and_plat_w_no/, [–]mr_rob_oto[S] 2 points3 points4 points 5 years ago (0 children), [–]thedukesofbrazzers 5 points6 points7 points 5 years ago (10 children). [–]trilll 0 points1 point2 points 5 years ago (0 children). This is a cautionary example of the basic premise of business relationship building. They also deprioritize unpass you when you close the plat. am i out of luck for amex plat 100k? While I don't know about which hotel he's talking about specifically, I know that Amex clawed back the unused Gogo passes I had through my Biz Plat just weeks after I closed the card. I was added by another family member as an authorized user for the Amex Plat. The vast majority of the time that I am scrolling through Reddit it is a tremendous waste of time. Or was that something that was happening during the leaked link chaos? this is assuming no 'paying for points'. I also know that Chase claws back the Marriott Gold status earned through the Ritz Carlton card if you close it. American Express | Membership Rewards - Strategy for churning Amex or keeping Plat - Here is the situation. American Express | Membership Rewards - Churning AMEX Credit Cards - Hi, I know there is a "2 years period" for amex card churn. Get a prorated refund of the difference while still keeping the card in some form. Finally I tried my SO's SSN and screwed with her name and boom, 100K Plat first try. American Express Black vs. The American Express Personal Platinum card (and it’s variations) ... from the comments and reddit thread mentioned above. Sorry you had a negative experience. Older Amex Platinum megathread. The best alternatives outside of churning are Scotia momentum VI, MBNA RWE, HSBC WE, BMO Cashback/WE, credit union cards, maybe AMEX Cobalt. And likewise, they offered you a great offer, and you can take advantage of it if you want. [–]dgwingert 12 points13 points14 points 5 years ago (6 children). I booked a few flights on it as well. I opened this card in early October and in order to earn the sign-up bonus, I need to spend $5000 in 3 months. [–]efects 0 points1 point2 points 5 years ago (2 children), i believe gold status is reported yearly, so /u/mr_rob_oto is likely good until the next calendar year, or a year from when you were given status due to platinum (depending on the program). Heaven forbid they decide to enforce their "existing customer" rule! Platinum: An Overview . She's only 2/24 right now so I don't want to waste a slot on this quite yet. Unless you have an MR redemption in mind, I recommend you keep trying. [–][deleted] 0 points1 point2 points 4 years ago (0 children). American Express Customer Care, [–]chuckymcgee -4 points-3 points-2 points 5 years ago (3 children), [–]mr_rob_oto[S] -3 points-2 points-1 points 5 years ago* (2 children), I asked about the prorate and his response was: "You only opened this card for the 100K points didn't you?" Learn More. Click on "here" and you'll be brought to the page. but its no more unethical than closing it after a year. Fuck you too.". You got the bonus and a ton of value out of it, no reason to beat them when they're down. Let the year 2 fee come and then cancel right away getting 100% of year 2 fee back. You will be receiving confirmation from Hilton shortly. New comments cannot be posted and votes cannot be cast. To me no, that's why I plan to keep my Amex Plat until 11.5 months. if thats the case i can see how thats a bit better, but you're still pretty much getting away for free without paying the second AF of course, [–]hEnigma 0 points1 point2 points 5 years ago (0 children). Hell, they might even have extended a retention offer to him. Keep in mind the 50% back on flights booked using MR through Amextravel.com. In Jan I got in on the 100K platinum card bonus. They get whacked - not because they were not smarter or better employees. And I said "Well I opened the card based on the offer yes, but actually I ended up liking my new AMEX Blue Cash card better since my favorite perks are cashback and AMEX offers. No, but he is human and has the ability to make that dickhead caller's life hell in getting a card with that company in the future. B. burmans Senior Member. And besides, the entire hobby revolves around opening and closing accounts, which one can argue is "unethical" in itself. I was given the offer, clicked on the terms & conditions and was brought to this page: https://www.americanexpress.com/us/credit-cards/personal-card-application/terms/platinum-charge-card/36501-10-0/?pznOfferCode=PJ1W-5RSR2G-3DCQ-HSK&print#offerBenefitTermsDisclosures, I removed the "terms/" from the URL so the link looks like: https://www.americanexpress.com/us/credit-cards/personal-card-application/platinum-charge-card/36501-10-0/?pznOfferCode=PJ1W-5RSR2G-3DCQ-HSK&print#offerBenefitTermsDisclosures, You'll land on a page that says: "We apologize that the offer you are looking for may no longer be available. No annual fee. I have a negative balance of $-224.34 showing now. Just a question to ask. Is it not enough that you get 100,000 MR for a net fee of $50? [+]mr_rob_oto[S] comment score below threshold-7 points-6 points-5 points 5 years ago (2 children), See my other response in this thread if you want to hear what happened with the operator. My CNB is fee free and at $350 better value for money. [–]WantsToGetAway 2 points3 points4 points 5 years ago (1 child), No retention offer? I cancelled the AMEX platinum today after getting one last $200 airline score. Next Article » Comments. No new standalone threads will be permitted without mod approval. Cookies help us deliver our Services. I spent around $3000, so I should get $100 off from Amex Platinum + $300 from Amex Gold offer + 12,000 Amex pts from the Gold card + 45,000 Amex pts from eBates + $75 Dell gift card (bonus from one of their deals) + 3% or $90 back in Dell rewards. So cancelling right after you have basically "got yours" shows you lack situational awareness. I'm sure if he had kept spending at the same rate after he received his signup bonus the outcome would have been very different. I didn't say anything about the annual fee refund and at the end of the conversation (I did it by online messaging) the CSR said something in the vain of 'and you'll be happy to know you will receive a $300 annual fee credit.' [–]jakethemilkman 0 points1 point2 points 5 years ago (1 child). He then said well AMEX has already given me $1200 worth of benefits with this card but yes you'll get your refund (with the tone of I'm being a greedy bastard), But because of this abuse you understand that you'll never be elgible for an AMEX offer again? You'll see a negative balance on your closed account. Friends from Reddit’s credit-card churning forum wanted him to know that a blogger had posted a live link to a credit-card offer. Does AMEX ever report back to those hotels to downgrade me? Thanks for the response. This is entirely possible. EDIT: Answer is it shows up on the account. Lots of people lost their MR due to gaming (churning) behaviour (there were 2 ban waves IIRC - you can search around here or reddit for examples). In my opinion, they don't have to be nice to you. Days later, I got an email that they were mailing me a check since there was a $0 balance on the Everyday card. i get what you're saying but if you don't cancel, you're essentially not benefiting, at least from the standpoint that most of us on this sub would probably take since the goal is to maximize benefit from cc/bank offers. Not to mention the lounge access, SPG status etc... [–]RingSlayer 0 points1 point2 points 5 years ago (1 child). He said I will but never said how that refund will be given to me. I asked them to transfer my Plat credit to my Everyday card via chat. Enjoy $200 to spend on travel each year. We haven’t found any confirmed reports of getting the bonus, but it appears likely that it will work. The Platinum Card® from American Express: American Express® Gold Card: Flights book directly with the airline or via Amex Travel: 5x* (10% return)** 3x: U.S. Edit: Amex has updated the Personal Platinum cards as of March 30th. Cancel after 6 months like I did to get a prorated refund. The Platinum Card® from American Express - There's currently a new welcome bonus offer of 60,000 75,000 Membership Rewards Points after spending $5,000 on purchases in your first 6 months of Card Membership. This game is all about what you want to get out of it. Not sure what they do by default, but if you log into their site, go to account services, inquiry and dispute center, open a new inquiry, "I have a credit balance on my account", and it says you can either request a check or transfer the credit to another Amex account. 2nd report about amex rep being rude to someone who closed the account after redeeming all benefits. © 2021 reddit inc. All rights reserved. Lets get off our high horse here. All discussion about the Amex Platinum should go here. What if you say that you have another card (say CNB visa infinite) which you feel is a better deal. Click here to learn more and apply for the current offer.". Is it right that he does that? Posted by. The CSR shouldn't have been rude, nor hung up on you, that is decidedly uncharacteristic of Amex CSRs. Historically, other concierge services offered by credit cards have lackluster. [–]mk712SFO 0 points1 point2 points 5 years ago* (0 children), I was a heavy spender until I got my 100K points then I basically stopped using the card. To receive your 60,000 Amex MR welcome bonus you will need to spend $5,000 in a 3 month period. I guess thats how they refund it, [–]mnCO 8 points9 points10 points 5 years ago (2 children). From the looks of things, Amex may decide to roll out more changes to stop churners. [+]mr_rob_oto[S] comment score below threshold-11 points-10 points-9 points 5 years ago (0 children). This is the correct response. It's not entirely in the term and conditions. Is this still the case? That’s an additional 9 points on top of the 1 point you … I have a couple questions: I asked about a prorated refund of the $495 annual fee. If you think i should be doing something differently please share! Guess what happens when a re-org or downturn occurs? [–]mk712SFO 3 points4 points5 points 5 years ago (4 children). What do you think he going to do with their account? The American Express Platinum Card offers a higher level of benefits than American Express Green and Gold Cards. Posted in Credit Cards 21 Comments « Previous Article. It is because they did not understand or care that everyone offers different levels of value in helping or hurting their career. do i need to ask for the prorated refund when I cancel my card? A place to discuss credit cards to profit from sign-up offers. Most people really do not care about their bosses or co-workers, but those that prosper and grow in their career are those that understand that the long term health of the relationship between bosses and co-workers benefit them 10x over. 14. Am I the only one that thinks cancelling well before a year is sorta unethical? I've been trying nonstop to get 100K Plat offer with my SSN to no avail. I have a couple questions: I asked about a prorated refund of the $495 annual fee. Unfortunately this meant I picked up the card in early (1st week) Jan. According to Dans Deals, AmEx will be tightening the screws when it comes to people who attempt to earn multiple sign up bonuses for the same credit card (often referred to credit card churning).Starting from May 1st, 2014 consumers will only be able to earn the sign up bonus for each card once. I have no idea about gold status in hotel chains. So you get 3 authorized users for $175. So even if the expiration date of what was given to you is far into the future, yes it can still be clawed back when closing a card. all im getting is blue and everyday preferred. The sign-up bonus is a hefty 60,000 points, which is more than two round trip economy domestic trips. Disclaimer: By using a referral link on this site you understand that the person whose referral you are using may receive a bonus from the credit card issuer for your application. Do the math. The AMEX rep was rude and basically hung up on me after he realized I was a heavy spender until I got my 100K points then I basically stopped using the card. Bloomberg Article about the recent 100K leaked link. Also I didn't stop usage immediately after my 100k. Maybe but I've seen a ton more things I'd consider unethical on this subreddit! I only had a 66 cent balance when I closed the account and already EFT that to settle the account. So who wins? New Cardmember offer: Earn 5,000 bonus Avios when you spend £1,000 in your first three months of Cardmembership. Got a Schwab plat card to transfer points last week, charged $25 for amazon last Friday and nothing. Amex Business Platinum 100K offer thread. The benefits include a point reward system, four free companion airline tickets per year, airport club access and round-the-clock Platinum Card Concierge service to assist with travel and gift purchases. [–]thetallerone 1 point2 points3 points 5 years ago* (1 child), But it is true. If you freeze an AU card, does lounge access still work? or are you saying to cancel in the 13 month, let the AF fee hit again and then cancel? How much did you spend on the card over the course of the past year? I had an old AMEX in 2013 and part of the perk was free Shoprunner. Amex clawback for canceling early. I think this is worth mentioning because I bet a lot of people are considering getting multiple Amex Personal Platinum cards as we come in the end of the calendar year. Amex Platinum Churning Restrictions: Why This Matters. Get an ad-free experience with special benefits, and directly support Reddit. The more people who churn, the faster you will all be able to fly. i mean if someone wants to get the MR and double dip the airline credits, and thats the sole goal to benefit from the offer, then does it really make sense to throw away another $450 for another year. https://www.americanexpress.com/us/credit-cards/personal-card-application/terms/platinum-charge-card/36501-10-0/?pznOfferCode=PJ1W-5RSR2G-3DCQ-HSK&print#offerBenefitTermsDisclosures, https://www.americanexpress.com/us/credit-cards/personal-card-application/platinum-charge-card/36501-10-0/?pznOfferCode=PJ1W-5RSR2G-3DCQ-HSK&print#offerBenefitTermsDisclosures. My understanding is that only happens if there is a manual review triggered by something else besides simply opening the account. Amex has done 100k Platinum offers in the past and this offer wasn’t a novelty, but it seems that this particular 100k Platinum offer was meant as a targeted link to specific people, not a temporary offer for the public. I don't think it's "unethical", but there are definitely risks associated with that behavior and you need to understand them before you act. [–]anderb30 0 points1 point2 points 5 years ago (1 child), [–]mr_rob_oto[S] -1 points0 points1 point 5 years ago (0 children), I was waiting until 2016 so I could get another $200 but I guess its basically a wash, [–]Mortgasm 0 points1 point2 points 5 years ago (0 children). American Express Concierge. That's a legitimate reason to close the card right? It’s worth noting one questionable term — Amex states that if you “cancel or downgrade your account within 12 months after acquiring it,” it could terminate the account or not honor the bonus. Press question mark to learn the rest of the keyboard shortcuts. Yes, have cancelled multiple amex cards via chat. Learn More. Amex Business Platinum 100K offer thread. Why not just keep the card for a year and make a few small purchases on it. 1) You'll get your refund 2) Could happen, yes but unlikely 3) no. Leaked 100K link thread over Thanksgiving, Leaked 100K link thread back in March 2016, Bloomberg Article about the recent 100K leaked link, How to maximize the value of the Amex Platinum, Edit: Amex has updated the Personal Platinum cards as of March 30th, $15 Uber credit per month ($20 in December), 5x on hotels through Amextravel.com to go along with the 5x on airlines directly and Amextravel.com, Centurion and Priority Pass lounge access are limited to cardholder and 2 guests. Apologizes for the rant - but this is not hard unless you make it that way. at least, this is what i'm pretty sure i read when i looked into amex plat the last time, [–]mk712SFO 1 point2 points3 points 5 years ago (1 child). Not a single person from that thread mentioned AMEX Plat. I seriously doubt you'll get blocked from future offers. Does the period starts from my previous application date, or account closing date? There is a low but certain probability that once in a while a CSR goes off the rails. If yes, it would be a good way to just give out lounge passes without the risk of charges coming up. QuestionCancelled AMEX Platinum questions (self.churning). Whilst I don’t advocate churning cards purely for points, I would highlight that the £575 pa charge for the American Express Platinum card is refundable on a pro-rata basis. Double check for exact grace period, [–]sftravelhacker 4 points5 points6 points 5 years ago (0 children). The American Express Explorer ® Credit Card. I still have my travel credit for this year (though they closed the amazon GC loophole) and use Uber all the time so this is a no-brainer for me. Sure there are consequences to your actions like if you do a lot of money orders, you bank might get shut down. I know incredibly smart people in corporate businesses that work incredibly hard but treat others like shit. I am never rude to any CSR (although sometimes self serving because I think I can get more done being nice than hostile). He said in his rant that AMEX will forever block me from getting any offers because of the way I abused this offer. When I called to check on the specific date there was a … But seem to have reservations because of a rude CSR. Restaurants: 1x: 4x (8% return)** (restaurants worldwide) U.S. supermarkets: 10x (on up to $15,000 in combined purchases, during your first 6 months of Card Membership. My credit score/history is better than hers, but she has a 6 figure income so I believe that helps tremendously. Now imagine you might have been that CSRs third or fourth churner style cancellation that week and he's seeing his retention numbers take a hit....and now you're questioning about when and how you're getting your pro-rated refund as if Amex isn't going to honor their obligations. shoprunner is not nearly in the same league as a hotel "elite", [–]imnotminkus 0 points1 point2 points 5 years ago (0 children). One nice thing about these pre-approved green star no lifetime language referrals is that, once approved, you can get a virtual card number and instantly refer others. This is why many people recommend against canceling until the first year is up. Come on, closing the card after only 6 months and after having completely stopped using it as soon as you received the 100k points and the 2 x $200 in airline reimbursements, it doesn't matter what you say, they're not stupid. pay annual fee (400 fee) spend 5k grocery GC thru ebates (75 cashback) get 75k MR bonus and 6.25k MR on ebates spend (81.25k MR) apply 32.5k MR for 325 … I think I got it for a year for $1 or something, and it's been extended twice since then. $450 increased to $550 AF He puts in the notes to blacklist them from getting cards in the future. 3 years ago. For consumers who apply for credit cards without the intention of churning, there shouldn’t be anything to worry about. Close. When I cancelled that they never reported to Shoprunner that I shouldn't be eligible for that which is why I was wondering about the hotel, [–]efects 2 points3 points4 points 5 years ago (1 child), i've had shoprunner for free ever since they started giving it away when they began as a company. The Amex Platinum’s concierge service is legendary. Here is what worked for me to get the 75,000 point offer. If the 100k signup threads were any indication, a loooot of noobs are going to call in and mess things up. Of course you'll lose your status in various hotels. There have been lots of requests about having a dedicated Amex Platinum Megathread and here it is to satisfy that need. AFF Supporters can remove this and all advertisements. I was searching through some older threads on the Ameriprise Plat card and saw a couple DPs of Amex counting it as a plat product and precluding (via clawback) people from getting the personal/business plat bonus. the same month you got the second $200?!) … From one-time welcome bonuses, to referrals points, to real churning, this is the place to discuss Canadian banks and credit cards. The terms on American Express cards state (emphasis ours): If we in our sole discretion determine that you have engaged in abuse, misuse, or gaming in connection with the welcome offer in any way or that you intend to do so … American Express | Membership Rewards - Amex churning Gold to Platinum (UK) - I'd like to use Platinum FHR for a trip in a couple of weeks, but I won't be out of my 6 months MR free period until after the trip as I had Gold in March. These people aren't robots. Just enjoyed a Centurion lounge visit today. The lady on the phone gave me $300 statement credit to stop me from cancelling my card and said because I opened my card a year ago, my AF is only going to be $450. Figured I'd call to see when the latest I could cancel was (so I could use the lounge). But you decide the risks. Actually I had a amex prg card 3 years ago but closed it last month. The Qantas Premier Platinum Card delivers up to 100k Qantas Points, 75 bonus Status Credits, complimentary lounge invitations and travel insurance. $450 increased to $550 AF. Receive 50,000 Bonus Membership Rewards ® Points. Plus, earn 10x points in the first 6 months on eligible purchases at U.S. Gas Stations and U.S. Supermarkets (on up to $15,000 in combined purchases). American Express PLATINUM – 60,000 MR points, $200*2 travel credits, priority pass ($699 fee). In most cases it's a moot point since the AF is waived the first year so you might as well wait, but in the case of the Platinum with a high AF, not waived and with a prorated refund, I can understand why some are thinking about it. Business Platinum AF is still at $450 and no Uber credit. For your situation, it seems like you already know your options and you chose the one that benefited you most. I cancelled the AMEX platinum today after getting one last $200 airline score. Current & Recent Credit Card Offers - Managed by u/stackingpoints, https://www.reddit.com/r/churning/comments/42brpx/american_express_retentions_on_spg_and_plat_w_no/. I’m now 2.5 months into my 3 months minimum spend period for the American Express (AMEX) Platinum card (referral link). They don't owe you shit, if you don't give them good business. I've already had the $300 credit posted to my account, but I'm not sure how I get that money. Starting with the Amex Personal Platinum vs. Business Gold also allows you to maximize your referral points bonus from your friends, family, and colleagues. When you apply online, are approved and spend $3,000 on your new … REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 18209 on r2-app-0596255844d2e964d at 2021-02-14 10:08:22.696908+00:00 running 6289523 country code: US. The reason I shared for closing the card is that I felt I have too many credit cards and I want to simplify how I manage my finances.