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Edited 11.12.22: It looks like the Amex Green Card is getting a slight enhancement too (click for more details)
Quietly and without any fanfare, Amex has made slight improvements to two of the benefits offered by the Platinum Card. Considering how much publicity Amex normally throws behind “improvements” that don’t actually improve the card, it’s surprising that more hasn’t been made of these changes but, nevertheless, this is genuinely a little bit of good news.
The Equinox credit is going annual
Currently, the Platinum Card® from American Express offers cardholders up to $25 in statement credits each month when membership fees for select Equinox memberships (which include complimentary access to the Equinox+ app as part of membership) or fees for a stand-alone membership to the Equinox+ app are charged to the card (terms apply).
Starting from next year (presumably from 1 January), however, this Equinox credit will be paid out annually.
The wording on the Platinum Card’s benefits page now reads like this:
“Through 2022, statement credits through this benefit will be provided on a monthly basis of up to $25 back per month. Starting in 2023, statement credits through this benefit will be provided on an annual basis of up to $300 per year.”
For some, this may not make any difference whatsoever but for Equinox members who are in a position to cancel a membership without charge part-way through the year, this will make the benefit considerably more useful.
Also, when this Equinox credit was first introduced in 2021, I seem to recall that it was only available on memberships that cost more than the cheapest membership on offer (e.g. memberships that give access to multiple locations).
Now, however, the terms of the benefit clearly discuss “any Equinox club membership” so I’m not sure if I’m misremembering how this benefit was first rolled out or if this is another slight improvement (I don’t use this benefit so I haven’t been paying attention to how it works!).
Top tier Hertz elite status
Not before time*, holders of the Platinum Card® from American Express will now be given Hertz President’s Circle elite status instead of Hertz Five Star status (terms apply and enrollment is required). [HT: Travel With Grant]
*Holders of cards that cost considerably less than the Platinum Card (e.g. Capital One Venture X cardholders) already get President’s Circle status.
In the grand scheme of things, this probably isn’t a huge deal because the Hertz loyalty program is not very rewarding at all (in fact, it’s a bit of a dumpster fire), but as guaranteed upgrades are always very welcome, cardholders wishing to take the risk that Hertz won’t try to send them to jail for something they didn’t do will probably appreciate this change.
Currently, I’m still seeing my old Hertz Five Star status on my account, and when I try to enroll for President’s Circle status via the Amex benefits page…
…I just get an error message telling me that I can’t copy across my member number correctly (which I can!).
Still, as I’m in no hurry to
go to jail for a crime that I didn’t commit make a Hertz booking, I’ll probably wait to see if my status gets upgraded in the coming weeks. If it doesn’t get upgraded, I’ll make time to call the number the error message provided the next time I’m feeling brave and ready to rent a car from Hertz.
Note: This change also applies to the Business Platinum Card® from American Express.
Holders of the Platinum Card® from American Express are now being given Hertz President’s Circle elite status as standard (additional cardholders get this benefit too) and the card’s Equinox statement credit benefit will be offered as an annual credit (instead of a monthly credit) from 2023. Neither of these changes is groundbreaking but both are clearly slight improvements to what the Platinum Card offers.