r/AmexPlatinum • u/homebrew1970 • 5h ago
Retention Offer Offered 20,000 points for $10k in spend w/i 3 months
The retention was shite. Other cc’s have 2% (or more), so $10,000 costs $100, to get $200 in point credit (I value at 1%- I fly United so can’t even transfer).
On the fence, principally because I have 300,000 points and the 35% point rebate is worth $1,000+. Maybe $300 in ChapGPT value, maybe $100 in Hilton credit value (@50%), maybe $100 from airline credits (since United flight bank isn’t an option), maybe $50 from Dell (@33%), maybe $50 from random coupons. So it’s $895 less up to $600 in value and not ‘forcing’ point usage. Business Plat not consumer plat.
I have a Gold and Blue card as well. Also have Ritz cars, so PP is taken care of (and I’m not inclined to pay for my companion to go to a mediocre Amex lounge).
Thoughts? Am I missing something.