I know this spreadsheet is geared towards those that are currently SG and looking towards Platinum but as a Platinum I found the spreadsheet very useful.
After running through the numbers I came to the conclusion that the value was not there for me.
In my current membership year I should just fall over the line and retain Qantas Platinum but I don't like my chances for the next membership year.
I got lucky this year by finding a FASA, I will have completed 2 trips to Europe plus a few domestic JASAs.
I calculated that I should retain Gold with some domestic flying and 1 or 2 trips to Europe and so worked out the value to retain Platinum was a trip to the US with a few AA First flights.
I calculated a trip to the US would cost about $5,000 including flights to the US, internal flights plus some accommodation expenses. and other sundry expenses.
The value to access the First lounge and the domestic J lounge was not worth the $5,000, yes I did include some
W factor but I still came up short.
What I didn't include was a reason to go to the US, if I was going to the US just to go on a status run then my brain would be telling me not to bother, but if I was going to the US to catch up with a friend or 2 as part of a holiday or attend some conference or convention, example StarMegaDo 4 or OneworldmegaDo 2 then some of that shortfall would be taken up, would it be enough then I am not so sure.
Reaching Platinum the first time the
W factor was pretty big.
but you loose some of it the 3rd or 4th time around.
My parents especially my dad thought me going to Singapore for 4 days back in January seemed like a complete waste of money and time, and said that at my age I should be saving my money.
If you are doing the weekly or monthly commute and to reach Platinum is only going to cost you a weekend and say $1,000 then by all means go and do it, the buzz the first time you reach Platinum is fantastic.