Ascent Changes

Discussion in 'American Express Rewards' started by oz_mark, Feb 7, 2006.

  1. oz_mark

    oz_mark Enthusiast

    Jun 30, 2002
    16,877
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    Got a letter from Mr Amex today about changes to the Ascent program. Briefly

    Annual fee changes from $59 to $80.

    TravelKey - Book the travel you want when you want. Use your points to book directly with TravelScene American Express
    Registered Users don't see this and have the option of removing all other advertisements.  Register HERE

    Virgin Atlantic - From 1 July 2006 will be able to transfer to Virgin Atlantic Flying Club at 1:1 rate

    Membership rewards guarantee - Return any reward within 14 days if not happy with it. Also guarantee delivery on time or you will get 1000 points.

    Qantas Frequent Flyer Guarantee - Transfer will normally be within two hours, but are guaranteed to be transferred within 1 business day, or you'll get 1000 points.

    Better Value on Vouchers - Reduced the number of points needed on vouchers.
     
  2. JohnK

    JohnK Veteran Member

    Mar 22, 2005
    37,613
    7,514
    BNE, SYD and CNX
    Australia Post must be more efficient in WA than in NSW. So off I went searching on Amex website and sure enough found the new fee to be $80/pa.

    The $21/pa increase is not a big deal as long as the program is not altered drastically. Not sure about others but for me the transfer to QF at rate of 1:1 is most important. If that remains in tact than Amex will continue to get my business.
     
  3. Damien

    Damien Member

    Aug 29, 2005
    300
    2
    BNE
    mmmmm - the only place I ever put my points is into QFF. The annual card fee plus the increased annual membership fee is making the QF branded card more appealling.
     
  4. JohnK

    JohnK Veteran Member

    Mar 22, 2005
    37,613
    7,514
    BNE, SYD and CNX
    Is that because you have a platinum card?

    I like the gold card because they waive the annual fee if you spend >$9000/pa.
     
  5. Damien

    Damien Member

    Aug 29, 2005
    300
    2
    BNE
    No, I decided to stay with the gold. The platinum just isn't worth it for me. I completely forgot they waive the annual fee if you spend a tiny amount.

    Thanks for the reminder JohnK.
     
  6. JohnK

    JohnK Veteran Member

    Mar 22, 2005
    37,613
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    Same for me, I think the platinum card is not worth it at $395/pa.
     
  7. oz_mark

    oz_mark Enthusiast

    Jun 30, 2002
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    Well, from what I could tell they were adding to the program. They may be lurking but none of the 'enhancements' I saw took anything away. Bit of a change that.
     
  8. MZ

    MZ Newbie

    Mar 9, 2006
    1
    0
    I Like the new changes to the Asent program with the introduction of Virgin Atlantic as a 1:1 Partner.
    Its only 180,000 points in upperclass to the UK Return from syd!

    Also, as a plat charge holder - i can get 2 upper class tickets for $5440 TOTAL to HK.

    So i worked out... for $5,440 and 200,000 points i can get 2 people from Syd - Lon Return in upper class.

    Workings ($5,440 quote from Amex total with companion fare from syd - hk return) and 100,000 each return Hkd - Lon on points * 2 people.
     
  9. morbo

    morbo Junior Member

    Jun 3, 2005
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    My only regret is that i transferred heaps of points to qantas. Now i HAVE to use qantas :(
     
  10. hcywong

    hcywong Newbie

    Mar 7, 2006
    3
    0
    Is there a fee waiver for spending a certain amount on Platinum Charge Card? If so, how much?

    Cheers
     
  11. MetroAir

    MetroAir Guest

    Not in my experiance.

    But it is good to see that AMEX are responding, recent transaction fee drop with Telstra is another plus.
     
  12. netaddict

    netaddict Member

    Mar 14, 2004
    164
    4
    Adelaide, Australia
    The Platinum Charge card is not charged a rewards fee, it's inlcuded in the annual fee of the card.
     
  13. straitman

    Moderator

    Apr 27, 2003
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    If you include the the rewards fee equivilent, the 1.5 points per $ spend plus a decent return flight then the cost of the card is amongst the cheapest around. :lol: 8) :wink: :idea:
     
  14. MetroAir

    MetroAir Guest

    You are not thinking of the credit card are you? The charge card does not come with a free flight.
     
  15. straitman

    Moderator

    Apr 27, 2003
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    Oops :!: Done it again.

    I really must learn to read the forum correctly before I post :!: :oops: :oops: :oops: :oops: :oops: :oops: :oops:
     
  16. Nobby

    Nobby Intern

    Nov 18, 2005
    50
    1
    Sydney
    Remember though that if you have the platinum charge card, you can get the platinum credit card for free, getting a free flight
     
  17. straitman

    Moderator

    Apr 27, 2003
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    Good call, although I don't believe that I'll ever get (or need) a Platinum charge card as I have a big enough problem with my Corporate charge card thanks :!:

    :oops: :oops: :oops:
     
  18. thomastse

    thomastse Junior Member

    Mar 25, 2007
    31
    0
    Some professional organisations can get Amex Platinum for $295. When you deduct the annual free flight ( if you can make use of it ), it's too cheap when Perth was included. They have since taken Perth off. Additionally, due to the way they arrange it, we can use it for two tickets ( from 2 years ) at the same time if we book at the right month.

    I spent more last year due to specific situation & they did give me a significant discount on the charge card but I don't know if they'd tell you how much you'd need to spend before hand.

    Q : I think QFF points are bad value & too many restrictions. Does anyone know whether we can sell them or something ?

    Q2: Is there something about "washing" Amex MR points through SPG, so can end up with more SQ points ? How does that wrok ? Thanks.
     
  19. beardoc

    beardoc Established Member

    Jul 13, 2005
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    Q1: QFF program specifically prohibits selling of points. You can give them to family members, up to 100,000 per year though.

    Q2: You might not be aware that Ascent Rewards changed just a few days ago - it includes transferring to SQ points at 1:1 (a much better deal) and also a big improvement in the conversion rate to Starwood Preferred Guest Points which can be converted to US frequent flyer programs (called "flushing" through SPG). This is being discussed here right now:

    http://www.frequentflyer.com.au/community/american-express-rewards/positive-changes-to-ascent-12852.html
    Rather that dilute the discussion, you might want to join that thread instead.
     
  20. thomastse

    thomastse Junior Member

    Mar 25, 2007
    31
    0
    I am aware of the changes in the ratio, hence making the QFF look even worse. ( AND their restrictions ) Thanks anyway !
     
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