Hi, I was wondering which one is better card among : American Express® Gold Card Optima® Platinum Card® Blue from American Express I read some post ppl want to get blue. How come no one want to get American Express® Platinum Cash Rebate Credit Card instead of Optima® Platinum Card® which you canget cash rebate also?
Top wrote: "I was wondering which one is better card among : American Express® Gold Card Optima® Platinum Card® Blue from American Express " Comparing the first (Gold) and the last two (Opt Plat/ Blue), is like comparing apples and oranges. One may personally like apples better than oranges, but it doesn't mean they are comparable. The Gold is a Charge card, while the others are Credit cards. Amex website offer comprehensive info on each and every card product. Among the 2 Credit cards you mention, the Blue is clearly better. I've posted a comparison between these 2 just a few days ago. "How come no one want to get American Express® Platinum Cash Rebate Credit Card instead of Optima® Platinum Card® which you canget cash rebate also?" First, it has much less public relations. Second, the APR for the "Plat w/ Cash Rebate" is ~19.5%. You should weigh your expected rebate to see if it suits your needs. Generally, people w/ Prime credit can get cards, whether issued by Amex or not, offering an APR that's ~10% lower. If you intend to buy @ Costco, apply for the "Plat w/ Cash Rebate for Costco members" - this one comes w/ ~18% APR. As for lowering the APR on an existing Amex product, this requires making a Product Transfer. For the Opt Plat, there are products ranging from 9.9%-17.5% APR. The APR for a Plat w/ Cash Rebate may not go any lower. Saar
Saar, Thank you so much. It's clear up my doubt. I have Amex Gold and I am going to ask for an upgrade to Optima® Platinum Card® as I like the way it looks. Also, I don't want to pay for annual fee for gold $75.00 anymore. Thanks!
Just called Amex Hi, I just called Amex and they told me that I can not upgrade from Gold to Platinum as it's the different plan. They suggest me to apply for Plainum but I am not sure if I will get approved. I don't have any bad remark on my report. Just short of Credit history.
RE: Just called Amex As I said those are different product types, and as such, cannot be converted from one to another. It's difficult to advise you since you only provided a vage description of your credit. Generally, when it comes to the top lenders (Amex/ Citi), you may want to give it a try despite the extra inquiry. It's your call. Saar.
RE: Just called Amex Thank you so much. I will apply for Platinum Amex next month and will keep you post the results. Thanks again.
