Received an AmEx Platinum upgrade (from Gold) offer of 100K. Seems like it's worth it at face value, but any reason not to upgrade?

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Upgrade counts towards your “once a lifetime” bonus.. rather just apply for the Resy Platinum offer currently at 125K and 10X at restaurants for next 6 months. Atleast in year 1 you will make up the annual fee if you apply now you get ( $150 saks credit + $400 airline credit + $250 Uber credit + $400 Amex FHR credit).

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Don't have CSR. I have a United Club card that I'm downgrading this year. Gold is my daily card ATM.

It’s good but make sure you actually have value for the difference in perks, the Amex gold is a better “everyday” card for most people due to the lower fee and which category gives most point (food), while the plat is travel specific

Personally I have plat and gold and I am 50/50 on canceling the plat as I don’t use it other than the lounges / clear when I travel

$695 annual fee on the plat is actually excessive. I get $150 credit but $545 is still steep.

I second what Altice said. If you take the upgrade you won’t be able to get the SUB on the platinum. If you aren’t really a churner this may not matter to you, but if you do plan on starting to churn more, definitely go with Plat offer and think about upgrading later

Yes.. i also agree with Altice. Don’t make my mistake. I upgraded to platinum, however, if I want to re-apply for amex gold, i miss the chance of getting another sign up bonus.

just do it, you can downgrade again after 1 year

You can downgrade, but you’ll miss the chance of getting a sign up bonus for the platinum. Amex is not like chase where you can downgrade and get a sign up bonus every 2 years

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