Good afternoon everyone. As part of my “Keep, Cancel or Convert?” series, I like to evaluate and reevaluate credit (and charge) cards to make sure they still deserve a spot in my wallet. 2 weeks ago, my $450 annual fee posted on my American Express Business Platinum Charge Card. I shared my outrage on the upcoming changes to the card and Shelli added her thoughts too. I am not going to go into all the nitty gritty details of the current card benefits and the upcoming card benefits, but I have decided to keep my American Express Business Platinum Charge Card until next December when the *gasp!* $595 annual fee posts to my account. Here is why this card is still worth the $450 annual fee I just paid…
No denying this has been a big year for change in the credit card landscape. Hyatt changed its policy on how cash and points nights are determined, the Citi Prestige 4th night free benefit is fading into the sunset, and Amex updated the Gold card benefits. Just when you’re catching your breath, ouch, American Express strikes yet again with an annual fee increase on the Business Platinum credit card.
Updated at 10:50am PT on 12/5: According to the New York Times, Netflix paid $100 million to keep “Friends” for 1 more year. That is the power that “Friends” fans have over Netflix.
Good morning everyone. I am not sure if you heard the 2 big stories that broke Monday morning: Netflix was planning on removing the TV show “Friends” from their service beginning January 1 and American Express announced BIG changes to the American Express Business Platinum Charge Card. Not surprising, Netflix users freaked out and started complaining on Facebook and Twitter. Here are a few complaints from this USA Today article. After a few hours, Netflix reversed course and granted users’ wishes: “Friends” would be on Netflix through 2019. That’s one win for the little guys! But what about the second big story from Monday?