I have a no annual fee gold amex engineers australia card and received in the mail an Amex engineers australia platinum card for $295 and 20,000 bonus points preapproved upgrade offer. is it good value? im not a high spender so ill really wieghting up if the points and free flight or hotel offer that come with the card are really worth it? Has anyone got this card and been able to waive the annual fee for 1 year or life? if i take up the offer for 1 year to try it out can i do a product transfer back to the no annual fee gold amex card or will i have to reapply?