That is the easy way out. I think changes can be questioned before ones pull the plug. Nobody said we weren't informed - but we do question the raise in fees. Nothing more nothing less. If you are happy with a credit card and they raise the fee, enhance the benefits than one has the right to question before just accepting everything and change cards. I encourage customers to question and challenge value for money.
i never said you can't question the raise in fees and decide whether to continue. That is exactly what I am telling you to do. What I am saying is why Would a consumer watchdog get involved. A product is presented and you have the ultimate power whether to continue or not. The watchdogs role is not to determine whether something is value for money especially for something that is completely discretionary and has hundreds if competitors.
I do actually think you have a genuine grievance. I think one has a right to assume that if you are approved for the Platinum Charge you will be approved for the Platinum Reserve. We're you able to cancel the whole thing and either get a full or partial refund on the $1200?
From my point of view I am happy with the card. One because I didn't pay for it! My girlfriend paid for it because the 80k bonus points enabled her to also fly RTW on the 140k oneworld award. It cost about $1500 in taxes plus $1200 for the card, plus 53k points that she had (I kicked in the other points). We thought this was better value than spending $5700 which was what we were looking at for the paid ticket. I know someone will come and say but then you would have got xx points and xx credits but we didn't worry about that.
The 80k bonus turned into 92k when they had the 15% bonus. I have been enjoying the benefits of the MP gold and Virgin lounge because I have had a few business trips that I didn't know would be happening when I got the card. I am only bronze on QF and Red on Virgin.
But for us the big benefit is this is going to be probably the only year of our lives when we spend more time out of Australia than in it due to the RTW trip. We get oneworld lounge access everywhere, and the priority pass will come in handy. I booked a couple of easy jet flights out of Gatwick the other day and see that even then we can use a couple of lounges with the priority pass. We also plan to use the hotel benefits as we will stay in a mixture of backpackers, B&Bs and hotels, so it will be nice to get an upgraded room at a Novotel or the like every so often.
We we plan to go up to Sydney and use the Free Accor night at the Pullman at some stage and I hope to sneak away to Queenstown for a few days a month or two after we get back, using one of us on the free flight through Platinum Reserve and the other the $200 travel credit.
If we do all that I think we would have got value!! I have also used some if the statement credits when buying things I would normally buy.
But I expect that will be a one off. We also got it not long after she moved into my place so It has also become our joint credit card so all the groceries etc we put on it and split the bill when it comes in.