Reduction in Amex lounge benefits

thisguy said:
$1450 minus dining credits, minus travel credit makes this a $600 card.
Losing PP companion membership and Avis upgrade only leaves Accor membership as a sweetener for me.
I'm looking at alternatives. Maybe Amex just goes back into the churning list.
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First post after being a member since 2013! Welcome to 'active' AFF membership..
 
Aeryn said:
You can thank stupid RBA surcharge ban and interchange reduction, with card revenues down they have to cut costs and some benefits to be able to fund any rewards. Im sure research showed that big spenders valued points more than lounge perks given most big spenders on travel would have status and hence airline lounge access anyway.
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Amex is not covered by the RBA surcharge changes
 

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