I was ready to cancel my AmEx Premier Rewards Gold card. No real need for it lately and the points I’m earning through other cards are more useful to me in general. So the email I received this week announcing the new benefits caught me a bit by surprise. Mostly because the changes are very, very useful.
Double points at restaurants and removing the foreign transaction fees brings the card up in benefits comparable to the Chase Sapphire Preferred card, my typical choice for spend (most of my spend is hotels, airlines & restaurants). And the $100 airline credit, similar to the $200 version on the Platinum cards, is a great addition to those benefits. I wouldn’t rush out to grab one now unless you’re getting a great sign-up bonus, but if you were considering cutting the card from your wallet this is a very, very nice new set of features which should have you reconsidering.
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