Dyslexic traveler
Member
- Joined
- Mar 15, 2009
- Posts
- 373
Hi all the following is a letter i intend to send to the Amex Centurion card CEO . I wonder if you can help me by proof-reading it and letting me know if i can improve on it in any way, all suggestions and spelling/Grammar correction will be welcomed.
Dear Ms. Vehrenkamp
I write to you today with the hope that you will get to read this, and it will not end up
on a manager’s desk never making you aware of my feeling, with regards your
Centurion card.
I have had your card fro about 3+ years and have had an American Express card for
A good number of years.
First I would like to commend your front line staff, they are a credit to your company
this is a major benefit to having your card.
Now comes my complaint, I feel you have eroded the benefits of the card and have
made it more unattractive to hold.
The first thing is your decision to reduce the amount of points for purchases.
For me this is one of the main reasons I keep the card, I understand that you may
need to cut cost, but the Centurion card should have been left alone.
If this is a true premium product for 1% of your card holders
then treat your centurion members as such.
If you have to reduce the points earned then do it with the other products in your range,
show your Centurion members you truly believe this is an exclusive product
with exclusive benefits.
There is also the fact that just about every place (including some of your partner hotels)
that takes Amex in Australia hits you up with a 1.5 to 3 % surcharge and more that is not charged if I pay with a visa card.
I have also calculated what your revenue from my yearly spendis, if you
receive 2% on my transactions as well as my membership cost you are getting
$17,313-17 + $5,000-00 = $22,313-17 not a bad return.
If I compare the cost of the Citi Bank select card (a card I also hold) that is offered
at $900-00 dollars a year with the following benefits.
Earn 2 points per $1 spent plus the benefit of unlimited points so no cap on how many
you can earn.
5 points per $1 spent on eligible international purchases including online shopping
Priority passes membership.
A bottle of wine when I dine at a partner restaurant, Free night stay at per year in
one of there partner hotels, Airport transfers when booking flight with Citi travel
Large number of airline partners, $500 dollar gift card if I book over $10k in travel
Good travel insurance benefits, Concierge service
And the biggest incentive I can see with this is I do not pay for the privilege of using
the card as no one asked up to pay 1.5 to 3 % on Visa.
As for cost of your card well I pay $4600 now so an extra $400 is nether neither here nor there.
However why do members in Australia pay so much more and get a lot less benefits than members in other county’s?
[TABLE="width: 516"]
[TR]
[TD]Country
[/TD]
[TD]Annual fee/limit
[/TD]
[/TR]
[TR]
[TD]United States
[/TD]
[TD]US$2,500 ($1,500 for each additional card member) plus one-time fee of $7,500
[/TD]
[/TR]
[TR]
[TD]United Kingdom
[/TD]
[TD]£1,800 (unlimited)
[/TD]
[/TR]
[TR]
[TD]Canada
[/TD]
[TD]CA$2,500 plus one-time fee of $5,000 ($7,500)
[/TD]
[/TR]
[TR]
[TD]Italy
[/TD]
[TD]€3,000
[/TD]
[/TR]
[TR]
[TD]France, Spain, Netherlands, Denmark, and Sweden
[/TD]
[TD]€2,000 ($50,000)
[/TD]
[/TR]
[TR]
[TD]Germany, Austria
[/TD]
[TD]€2,000 plus one-time fee of €2,000 ($70,000)
[/TD]
[/TR]
[TR]
[TD]Switzerland
[/TD]
[TD]CHF 4,200 (unlimited)
[/TD]
[/TR]
[TR]
[TD]Australia
[/TD]
[TD]AU$4,300 (increase to AU$5,000 from July 11th, 2012) plus one-time fee of AU$5,000 (from July 11th, 2012) ($50,000)
[/TD]
[/TR]
[TR]
[TD]Japan
[/TD]
[TD]JPY\365,000($4,550)(increase to JPY197,000 from Jan 1st, 2008)
[/TD]
[/TR]
[TR]
[TD]Hong Kong
[/TD]
[TD]HK$19,800 plus one-time fee of HK$23,800 (unlimited)
[/TD]
[/TR]
[TR]
[TD]Singapore
[/TD]
[TD]SG$5,000 (unlimited)
[/TD]
[/TR]
[TR]
[TD]Mexico
[/TD]
[TD]About 56,000 pesos ($4,000)
[/TD]
[/TR]
[TR]
[TD]Brazil
[/TD]
[TD]R$4250 ($100,000)
[/TD]
[/TR]
[TR]
[TD]Argentina
[/TD]
[TD]About 20,000 pesos ($40,000)
[/TD]
[/TR]
[TR]
[TD]Saudi Arabia
[/TD]
[TD]SAR 11,250 (unlimited)
[/TD]
[/TR]
[TR]
[TD]International Dollar Currency Card (IDC)
[/TD]
[TD]US$2,800
[/TD]
[/TR]
[TR]
[TD]International Euro Currency Card (IEC)
[/TD]
[TD]€2,800
[/TD]
[/TR]
[TR]
[TD]Israel
[/TD]
[TD]7,000₪ (US$2,000)
[/TD]
[/TR]
[TR]
[TD]Russia
[/TD]
[TD]90,000 rubles (~ US$3,000)
[/TD]
[/TR]
[TR]
[TD]Taiwan
[/TD]
[TD]TWD$160,000 (~US$5,450)
[/TD]
[/TR]
[TR]
[TD]Lebanon
[/TD]
[TD]US$3,000
[/TD]
[/TR]
[/TABLE]
I had a great call from my relationship manager; I suggested that perhaps if the senior management spent a day a month on the phone talking to the centurion clients, they might
get a better understanding of how we the cardholders feel.
Finally I offer you some insight with regards a community that talks about your card and
a lot of them are Centurion members, The Australian Frequent Flyers.
http://www.australianfrequentflyer....s/new-centurion-annual-fee-joining-40776.html
I am happy to discus this with you at any time and hope you do not take my comment as overly critical as I have said I like American Express.
Kind regards.
Dear Ms. Vehrenkamp
I write to you today with the hope that you will get to read this, and it will not end up
on a manager’s desk never making you aware of my feeling, with regards your
Centurion card.
I have had your card fro about 3+ years and have had an American Express card for
A good number of years.
First I would like to commend your front line staff, they are a credit to your company
this is a major benefit to having your card.
Now comes my complaint, I feel you have eroded the benefits of the card and have
made it more unattractive to hold.
The first thing is your decision to reduce the amount of points for purchases.
For me this is one of the main reasons I keep the card, I understand that you may
need to cut cost, but the Centurion card should have been left alone.
If this is a true premium product for 1% of your card holders
then treat your centurion members as such.
If you have to reduce the points earned then do it with the other products in your range,
show your Centurion members you truly believe this is an exclusive product
with exclusive benefits.
There is also the fact that just about every place (including some of your partner hotels)
that takes Amex in Australia hits you up with a 1.5 to 3 % surcharge and more that is not charged if I pay with a visa card.
I have also calculated what your revenue from my yearly spendis, if you
receive 2% on my transactions as well as my membership cost you are getting
$17,313-17 + $5,000-00 = $22,313-17 not a bad return.
If I compare the cost of the Citi Bank select card (a card I also hold) that is offered
at $900-00 dollars a year with the following benefits.
Earn 2 points per $1 spent plus the benefit of unlimited points so no cap on how many
you can earn.
5 points per $1 spent on eligible international purchases including online shopping
Priority passes membership.
A bottle of wine when I dine at a partner restaurant, Free night stay at per year in
one of there partner hotels, Airport transfers when booking flight with Citi travel
Large number of airline partners, $500 dollar gift card if I book over $10k in travel
Good travel insurance benefits, Concierge service
And the biggest incentive I can see with this is I do not pay for the privilege of using
the card as no one asked up to pay 1.5 to 3 % on Visa.
As for cost of your card well I pay $4600 now so an extra $400 is nether neither here nor there.
However why do members in Australia pay so much more and get a lot less benefits than members in other county’s?
[TABLE="width: 516"]
[TR]
[TD]Country
[/TD]
[TD]Annual fee/limit
[/TD]
[/TR]
[TR]
[TD]United States
[/TD]
[TD]US$2,500 ($1,500 for each additional card member) plus one-time fee of $7,500
[/TD]
[/TR]
[TR]
[TD]United Kingdom
[/TD]
[TD]£1,800 (unlimited)
[/TD]
[/TR]
[TR]
[TD]Canada
[/TD]
[TD]CA$2,500 plus one-time fee of $5,000 ($7,500)
[/TD]
[/TR]
[TR]
[TD]Italy
[/TD]
[TD]€3,000
[/TD]
[/TR]
[TR]
[TD]France, Spain, Netherlands, Denmark, and Sweden
[/TD]
[TD]€2,000 ($50,000)
[/TD]
[/TR]
[TR]
[TD]Germany, Austria
[/TD]
[TD]€2,000 plus one-time fee of €2,000 ($70,000)
[/TD]
[/TR]
[TR]
[TD]Switzerland
[/TD]
[TD]CHF 4,200 (unlimited)
[/TD]
[/TR]
[TR]
[TD]Australia
[/TD]
[TD]AU$4,300 (increase to AU$5,000 from July 11th, 2012) plus one-time fee of AU$5,000 (from July 11th, 2012) ($50,000)
[/TD]
[/TR]
[TR]
[TD]Japan
[/TD]
[TD]JPY\365,000($4,550)(increase to JPY197,000 from Jan 1st, 2008)
[/TD]
[/TR]
[TR]
[TD]Hong Kong
[/TD]
[TD]HK$19,800 plus one-time fee of HK$23,800 (unlimited)
[/TD]
[/TR]
[TR]
[TD]Singapore
[/TD]
[TD]SG$5,000 (unlimited)
[/TD]
[/TR]
[TR]
[TD]Mexico
[/TD]
[TD]About 56,000 pesos ($4,000)
[/TD]
[/TR]
[TR]
[TD]Brazil
[/TD]
[TD]R$4250 ($100,000)
[/TD]
[/TR]
[TR]
[TD]Argentina
[/TD]
[TD]About 20,000 pesos ($40,000)
[/TD]
[/TR]
[TR]
[TD]Saudi Arabia
[/TD]
[TD]SAR 11,250 (unlimited)
[/TD]
[/TR]
[TR]
[TD]International Dollar Currency Card (IDC)
[/TD]
[TD]US$2,800
[/TD]
[/TR]
[TR]
[TD]International Euro Currency Card (IEC)
[/TD]
[TD]€2,800
[/TD]
[/TR]
[TR]
[TD]Israel
[/TD]
[TD]7,000₪ (US$2,000)
[/TD]
[/TR]
[TR]
[TD]Russia
[/TD]
[TD]90,000 rubles (~ US$3,000)
[/TD]
[/TR]
[TR]
[TD]Taiwan
[/TD]
[TD]TWD$160,000 (~US$5,450)
[/TD]
[/TR]
[TR]
[TD]Lebanon
[/TD]
[TD]US$3,000
[/TD]
[/TR]
[/TABLE]
I had a great call from my relationship manager; I suggested that perhaps if the senior management spent a day a month on the phone talking to the centurion clients, they might
get a better understanding of how we the cardholders feel.
Finally I offer you some insight with regards a community that talks about your card and
a lot of them are Centurion members, The Australian Frequent Flyers.
http://www.australianfrequentflyer....s/new-centurion-annual-fee-joining-40776.html
I am happy to discus this with you at any time and hope you do not take my comment as overly critical as I have said I like American Express.
Kind regards.