The Best Credit Card Refresh Ever? Amex Platinum 2025

If you buy something, you can tell Ammex within 90 days of buying it that you don't like it, and AMX will just credit you back the item up to $300 per item, up to $1,000 per year, no questions asked. And the most shocking takeaway from our meeting with AMX is that the personal platinum card, it's head and shoulders above everyone else in class. >> Mirrored finish platinum card. It's the nicest looking credit card I think I've ever seen. If you've ever considered getting an American Express credit card, we are going to break down all of the most recent changes, especially to the MX Platinum family of cards, which just got huge upgrades, and we had a conference in New York, I think it was last week, that we learned all about it. We met with all the head people there, got a lot of insight into what the reasons for the changes were and obviously what the actual changes are, and they're really good. So, stick with us through this episode and you will know everything about American Express credit cards. If you've ever considered getting an American Express credit card, we are going to break down all of the most recent changes, especially to the MX Platinum family of cards, which just got huge upgrades. And we had a conference in New York, I think it was last week, that we learned all about it. We met with all the head people there, got a lot of insight into what the reasons for the changes were and obviously what the actual changes are. And they're really good. So stick with us through this episode and you will know everything about American Express credit cards. Dan, welcome to the Theorist podcast studio in New York City. >> Yeah, and thanks to the for hosting us. >> Absolutely. So really exciting changes with the platinum cards, right? >> Yeah, I think the consumer platinum card is the most surprising because so many times we've seen cards getting refreshed and a lot of benefits go away and a lot of benefits are added, but the annual fee goes up and it's kind of like, well, now I need to do the math. Does it make sense to keep the card? Does it make sense to get the card? The equation is complicated, right? >> Yeah, absolutely. And the most shocking takeaway from our meeting with AMX is that the personal platinum card, it just it's head and shoulders above everyone else in class, right? >> Yeah. I mean, I think the value proposition on it is now amazing where before it may have been borderline. I think the value prop is amazing. Yeah. It's awesome. >> Yeah. It's so rare for any company to say, "We updated our program for your benefit." And it's always negative >> enhancements in credit card and airlines speak. I mean almost always it's not enhanced for the end user, it's enhanced for the issuer. So it's pretty cool to actually see a lot of enhancements. Yes, the annual fee is going up, but I think the added value really really dwarfs that increase. >> Yeah, without a question. So let's jump into it. The consumer platinum, what are the new benefits? How do they complement the existing benefits? Are we losing benefits? What's the breakdown here? So nothing is being lost on the consumer platinum side, which is awesome because it has a lot of cool perks already today. You get 5x points on all airfare no matter where you buy it, which is an awesome perk. One thing I really liked is how they said that the typical journey for an MX card member is they start with the blue card, no annual fee. Then they go up to the green card, the gold card, and eventually they reach platinum card status. And obviously there's Centurion for a very select few. That's kind of been how they've been looking at it the past 40 years that people will progress through the system till they get to their most premium card. Yeah, >> exactly. And with the new refresh, they're expecting and I expect as well that a lot of people will really jump to that premium personal platinum tier because the value prop is so beneficial. Yeah. >> And and the benefits so far outweigh that annual fee that even for a beginner, this card is going to make a lot of sense. >> Let us dive right into it. Yeah. >> So, what are the new benefits? How do they mesh with the existing benefits? What are we losing? What are we gaining? >> Yeah, so the new MX Consumer Platinum card cost $8.95 per year. That's up from $6.95. So, it did get $200 more expensive. If you're a new customer, it's now $8.95. If your card renews before January 2nd, 2026, you'll pay $6.95 again. But effective January 2nd, 2026, it's $8.95 per year. >> It goes up to $8.95 when your annual fee hits. >> Correct. Yeah. If your annual fee hits after January 2nd, 2026. >> Got it. >> Yeah. Yeah. So, the card still earns 5x points on airfare and up to half a million dollars of airfare bought per year. Doesn't matter where you buy the airfare, you earn 5x points. So, very high earnings on airfare. >> Is that the best card for airfare? Are there any cards that offer more than that on airfare? >> I think that's probably the best card for airfare. Yeah. >> Okay. Amazing. >> So, the existing benefits were a $200 airline fee credit. That's staying the same. You can still use that for any airline fees or even for like buying United uh travel bank. It works for doesn't officially work for that, but it does work for that to lock in some future airfare. >> So, that's that's not changing. It still has global entry pre-check. That's all included. It still has clear. Every year you get clear and you skip the security line, you go to the front of the pre-check line. So, that's an great benefit. That's $29 a year value. And then the Sachs credit, $50 every half a year. That's not going anywhere. The Uber credit is not going anywhere. That one earns $200 per year of Uber credit. But what's new is that you will get Uber 1. >> Oh wow. >> Yeah. So that'll be included now. >> I think a lot of people are already paying for that. >> Yeah, I think a lot of people pay for Uber one. It's like 10 bucks a month, something like that. Um, so that's included now. So you can get free delivery on Uber Eats and you get discounted Uber rides. So that's a nice little benefit. >> Yeah, I think that you saved like 15% usually something like that fees even on Uber Eats. You save a nice >> Yeah, if you use Uber, it's worth signing up to Uber 1. And this will now be included for free with the consumer platinum card. So that's a nice perk. You also get Uber VIP status. >> What is that? get I think some priority pickups and things like that. Some upgrades. >> Okay. >> Yeah. Call VIP. >> Yeah, exactly. Uh you get a $200 Aura Ring credit. I haven't used one of these yet, but I guess it tracks your health and your sleep patterns. >> So, does that count towards I know it's like $5.99 every month for an Aura Ring. >> I don't think it counts for that. I believe it just counts for buying the ring is what it seems like. >> So, kind of a okay credit. >> Yeah, I'm not sure. Yeah, I'm not not sure. Little hard to utilize. experiment with it. But yeah, so some of the more exciting credits though, there's a $300 Llemon credit now. So $75 per quarter. You can get credited for any Lululemon purchases in store or online. >> That's super popular. >> Yeah, I'm sure that'll be an awesome credit for a lot of people to get $75 every quarter. You know, get a pair of pants, shared workout clothes, Llemon those bags. Um yeah, I think it'll be a popular credit. >> Yeah. >> And then there is a resi credit. That's super cool. It's $400 a year. >> Oh wow. >> Yeah. huge credit. >> They raised the annual fee only $200, right? >> Yeah, exactly. >> And just the $400 resi credit. >> Yeah. >> So valuable. >> Yeah. That alone really makes up for it. You get a $100 at any resi restaurant every quarter. >> Okay. >> There's a ton of kosher resi restaurants. I know we have a list on the dance deals forums of all the kosher resi restaurants. And so you get a $100 to spend there every quarter that will be just rebated back. So you just have to use your card at those restaurants. is any restaurant that accepts a reservation on resi pay with your MX Platinum card and you get $100 cash back every quarter. So up to $400 per year. >> And if you don't make it to one, they most of them also sell gift cards that you can buy gift card and you get credited back and then you could like stack them together. So if you want to go out for, you know, multi00 >> meal, you could save these gift cards up to the end of the year and actually for birthday $400 dinner. >> Yeah. Go all out. >> Right. And that's that's that's a real cash back. And that's >> for me that's cash in my pocket because that's super easy. They've got Mendles in Cleveland that's on resi. We go there fairly often. So to have $400 per year credit is incredible. And they have gift cards on their website. So yeah, that's that's a easy easy $400 win. >> Resi is owned by MS, right? >> Exactly. >> So they're kind of trying to promote their own restaurant platform, get more restaurants on board. >> I mean, this is going to be a huge boon to the resi >> platform. I'm sure they're going to get more restaurants that are joining resi just because everyone's going to be >> every restaurant's going to join resi after this. >> Yeah. Yeah. >> Yeah. >> So, that's pretty cool. And they're also doing resi platinum nights where super popular restaurants are hard to get a table at. If you have a platinum card, you'll be able to get exclusive access >> like Mendle's Casey Barbecue in Cleveland. Very hard to get a reservation. >> Obviously, these are talking about like Michelin restaurants and stuff. >> Okay. >> We're still waiting for the kosher Michelin star restaurant in the US. That'll happen one day, I think. >> Be awesome. Maybe. >> Yeah, maybe >> it'll be awesome. >> Yeah. >> I think one of the problems is is that I watch a stupid amount of Michelin videos on social media and the price point is so reasonable for for $250, you're getting what would cost in a kosher restaurant $1,000. And Michelin takes that into account, right, >> in their ratings. Yeah. >> So, I don't know if it'll ever happen in the US. >> Okay. >> We'll see. If it's going to happen, I mean, it'll probably be in New York City, I imagine. >> What else going to support that price point, right? >> I guess unless it's something super authentic like, I don't know, Got Leaves gets a little upgrade and cuz they do do cheaper price points. Okay. I'm not really familiar with Michelin. >> There's a there's a restaurant in like Vietnam. It's like a faux soup that's been on the same fire for like a hundred years and it's like a Michelin rated place and it's like 50 cents a bowl. Okay. But it's just it's super authentic, unbelievably good quality, and they take price into account. >> Yeah. >> Yeah. So, that's the resi credit. That's a pretty exciting new credit. And another huge credit is the hotel credit. So, currently you get $200 per year of hotel credit. >> And now that has gone up to $600 broken up into $300 twice per year. Oh, wow. Of hotel credit. >> So, you can book the MX FHR hotels. Those come with all kinds of perks. So, you get 4 p.m. guaranteed late checkout with >> FHR. Can you just tell me what FHR? >> FHR is the fine hotel and resorts. They've been doing this for like 40 years. They've been doing FHR bookings. You earn all your elite perks at if you stay at like a chain that you have elite status with with FHR bookings. And but you also get 400 p.m. guaranteed late checkout. You get a $100 amenity every stay. You get upgrades. You get early check-in if available. >> I think they said a minimum $100 benefit at each resort, but the vast majority are much more than that. >> Yeah. Yeah. They do all kinds of very very cool perks. Yeah. That's awesome. Yeah. And I stayed at the Bellagio in Las Vegas and we got free breakfast and we got free all kinds of credits and drink vouchers and and the stay was free just using my $200 credit. So now there's going to be $600 of credits, right? >> So you can and that's just based on when you book it. So it's you you prepay for the stay. If you want to stay somewhere in August 2026, you could book a night there now, use that $300 credit for the second half of 2025. Then you could book another night there in January using your first half credit of 2026 and another night there in August of 2026. So you could book three nights there. >> Wow. >> Right. >> Wow. >> And then get that $300 credit each time that you're making a booking and just book back to backtoback nights getting $900 of value there out of your platinum card. >> That's a really cool strategy to optimize your credits to book a longer vacation. Yeah. What I love about FHR is uh unlike some other hotel credits where the hotels themselves cost more than the credits. So there's no such thing as a free stay. The FHR network has enough hotels that you could book completely free stays with your $300. There's nothing coming out of your pocket. >> Depends on the city. Vegas is definitely one of the easier ones. Um but depends on the city what the price point is. There's websites like Max FHR that will tell you about the best values in like every city in the country in the world. Yeah, it's pretty cool. Then there's also the hotel collection. The hotel collection is kind of like a lower FHR price point, but you have to book two night minimum for the hotel collection. >> Can you use the $300 credit at the hotel collection? >> Yes. Yes. The $300 credit is good at FHR and THC. The hotel collection or fine hotels and resorts. Fine resorts, you only need a one night minimum stay. Hotel collection, you need a two night minimum stay. >> How many hotels are we talking in the network here? Yeah. So, there's over 1,800 FHR hotels in the world. And there's over 1300 THC hotels. >> Wow. >> Around the world. Yeah. >> That's a great selection of hotels. >> Yeah. It's a huge selection of hotels in like over 114 countries, something like that. Yeah. >> Wow. Okay. Um, any other new credits that we should talk about? >> Yeah. Yeah, there are new more new credits. So, the previous digital entertainment credit was a $20 per month credit for like New York Times, Wall Street Journal, or Disney Bundle. >> Uh, so now they're going to make that $25 a month. So $300 per year now instead of $240. And you could also use it now in YouTube Premium, which is great. YouTube TV, Paramount Plus, >> as well as the previous ones of like Peacock, Disney Bundle, or the Wall Street Journal, New York Times. So that's a nice enhancement. >> Is YouTube Premium the same thing as YouTube Music? >> YouTube Premium includes YouTube Music, and it also lets you skip all the ads on YouTube as well. >> That's awesome. Wow, that's like going to open up. That's super useful for a lot of people. I love that. Uh, for me that $300 is also just to give me. So, I'd be spending $300 on those anyway. I get the Wall Street Journal. I use YouTube Premium and the hotel credit should be pretty easy to use. I don't know that necessarily consider that, you know, dollar for dollar, but the digital entertainment one is dollar for dollar. That's money in my pocket. The resi $1 for dollar is money in my pocket. The airline fee credit, if I'm booking any kind of a I can get that just credit for airfare, that's $200 easy. So already you've exceeded the value of the annual fee. So annual fee. Yeah. Easily. >> So and then you got the Lululemon credit and you got the Oring credit and lots of other perks there, >> right? And that's on top of the Global Entry. Claire and the Centurion Lounge Network. >> Yes. >> Which I don't know if we're allowed to talk about this yet or not, but maybe we'll be getting kosher food. We'll see. Also, >> we did talk to one of the heads of the Centurion Lounge Network and we discussed it and it is actually on their radar. Yeah, >> it was kind of back burnered, but we told them how critical it was to have kosher food availability for kosher travelers just because we're kind of obsessed with food and where we're going to get it. And a lot of people won't travel to places unless there is kosher food there. >> For sure. I think it's the biggest pain point of travel as a kosher consumer. Yeah. Is where are you going to get your meal? And when we got to explain to the MX team that, you know, when I'm traveling with my family, my wife is packing like grilled cheese or cream cheese sandwiches for breakfast and then peanut butter and jelly for lunch because you don't want it to spoil by that point in the day. And then we have to schedule where we're going to be going for dinner when we land or what we're bringing for that in a polar bear cooler. And being able to have a hot, fresh, kosher meal in a airport lounge when you travel >> would be amazing. >> Nobody benefits from that more than a kosher consumer. >> Yeah. Yeah. And I think it would definitely drive people to have the card if they knew that was available. So they said that it's uh definitely something they're going to uh try to implement. So >> yeah, here's hoping. Sounded really hopeful. >> Yeah, for sure. So another benefit that's not changing is the Walmart Plus benefit, which I love. Uh people were wondering like, well, how does Walmart Plus fit into a ultra premium credit card like the MX Platinum card? >> Sure. >> But you know what? Walmart is a great site to shop at and to have Walmart Plus and get free deliveries from stores and free delivery on all items with two-day shipping is pretty awesome. >> Yeah, I for me their local grocery delivery beats out Instacart um and pretty much any other local >> because they don't add extra fees. >> Exactly. You're getting the actual instore Walmart price >> delivered to your house. >> Yeah, it's it's super valuable actually. So that's like a $13 a month value that you're getting on the uh MX Platinum card. And that also comes with Paramount Plus or Peacock. So you don't even have to use your digital entertainment credit for that if you use those services. True. So that's pretty cool. >> Walmart Plus gives you free Paramount Plus, but that has ads. Can you use your digital credit to upgrade that account to remove the ads? >> I don't think they let you do that. I think you're stuck with one with ads. If you want one without ads, you got to start from scratch. >> There's no upgrade feeds. >> I don't think there's a path to that now. >> All right. I I can't stand ads personally. I find it painful. We grew up with them which is the funniest thing. Right. Right. And now it's like Netflix has completely ruined the everything for me. >> But they're getting huge growth in their ad supported plan also. People are willing to sit through ads to save some money. Just depends on >> definitely. I think it's the exclusive content that they have that people want to get and they just don't want to pay more for it. So they they suffer through it. >> Yeah. The card previously came with Maria and Hilton gold elite status. That's not changing. Like I said, nothing's being devalued on the platinum card on the consumer platinum card. >> It's crazy. >> Yeah. >> It still blows my mind they added this much value and they're not taking anything away. Like who does that like when a company says we're investing in our customers and and we we're customercentric? They really are. >> Like truthfully, honestly, I'm blown away. >> This is something that they saw with Chase the Sapphire and they're like, we're going to do it in a different way and they accomplished it, I think, because they've added so much value. They're also adding um elite status with this card, right? There was some before and they're adding some new ones. So, tell me about that. >> Yeah. So, look at the wall of a story of Jerusalem. I get awesome kosher breakfast there on my stays just with that free gold status. So, that's pretty cool. Even on award stays, you get that free breakfast at all Hilton's. And then there's Marriott gold status that you get with the card. And you also will now get leaders club sterling status, uh which will get you pre-arrival upgrades and early check-in and late checkout and other perks. >> Breakfast. Yeah, breakfast is included with that as well. It also comes with like six car rental platinum status when you're a Sterling member with Leaders Club, so you can kind of keep daisy chaining for other status, >> right? >> Yeah. >> Yeah. And I know I mean national will match that as well. Yes. >> Do you get national status still with uh with your platinum card? >> I think if you match from six platinum to get executive elite would be the best path to go. >> Your platinum card gives you national executive status. But if you get the the leaders club sterling which gets you six platinum status, you can then screenshot that, send that international and they will give you executive elite status, >> right? >> Yeah. >> I love it so much. >> Executive lead is phenomenal. You get like a free rental with every five rentals. And then the free rental day is even good on like ultra premium cars, even on oneway rentals. Like they wave all the fees with those. So >> those are great. >> People sell those for like over $100 on our >> huge value for those. And there there's a great I don't know if many people know about Leaders Club, but they have really good hotels. I think >> tons of awesome looking hotels. King David in Shalam is part of Leaders Club as well as Satai Tel Aviv. It's funny because City Points transfers over to Leaders Club at an awesome ratio. MX doesn't >> and the city cards don't give you elite status. >> No, you don't get any kind of status. So if you have the MX Platinum card, you'll have Sterling status for Leaders Club, which actually adds value to transferring points from city over to Leaders Club. >> That's so that's so interesting. Yeah, I always wanted to go. I'm definitely going to go at some point to they have overwater bungalows in Panama at the I think it's the Nara Bokea del Toro. >> I've read about that a few times. >> And they have kosher and they have kosher food. They they offer I think it's included through kabad. >> There's kabad there in is it bo Yeah. And they have an awesome looking menu. Looks amazing. >> Yeah. I definitely got to get out there one day. It looks super super nice. Yeah. >> To not have to travel to Well, I don't want to travel to the Maldives anymore since they kind of fell off everyone's bucket list since they banned Israelis. Yeah. >> Yeah. But to not have to fly to Bora Bora, just fly down to Panama. It's not that long of a flight, especially from Miami, and get an overwater bungalow. I'm pretty psyched for that. >> Yeah, that's that's pretty cool. And so, yeah, combining kind of the NX Platinum Sterling status with transferring points from City at a great value. Yeah, that's pretty cool. >> There's a Hertz benefit to the Platinum card, right? >> Yeah, the Herz benefit is really cool. You get a 4 hour grace period when you use the Hertz code from MX Platinum card. So if you rent a car for 28 hours, you'll pay just for one day, whereas normally you'd pay for two full days. >> Okay, >> that's a nice benefit. Even if you're on using like Herz points for a free day, you could use this code even combining with points. So you only need to use one free day for 28 hour rental. So that's a nice perk. >> Very cool. Especially when your flights line up, that could be that could save you an entire day's rental. >> Yeah, that could be huge. So that's a nice benefit. >> That's great. And and the Centurion Lounges, if anyone travels and they've never been to a Centurion Lounge, can you tell me about them because I've been in them, they're wonderful. >> Yeah, they're awesome lounges. They don't charge for any premium drinks like some other lounges do. And there's showers in the lounges and other amenities that different various lounges have. They're up to, I think, 30 Centurion lounges now, like 15 in the US and 15 international. And they're opening, I know Newark is coming online next year in Salt Lake City later this year. They're open one in Tokyo. They're opening one in Amsterdam. So definitely it's still growing and they're looking for more airports to to put them in. >> Yeah. >> And then it's not you don't just get access to Centurion, you get access to the escape uh lounges. I know in Fort Lauderdale have used that one there. >> And they're also introducing a new concept, right? The first Centurion Lounge was in Las Vegas and now they're launching Sidecar. >> Yeah. And that wasn't even the first Centurion Lounge was not intended for the platinum card holders. It was for Centurion black card holders, right? And then once Continental merged with United and they pulled their lounges out of the network and American merged with US Airways and those lounges left the network for US Airways lounges. So they had well we got to open up >> the platinum card network. >> Yeah. So they're like well now that all these airlines are leaving the platinum card we just got to open up our own lounges. That's what kind of launched the whole banks opening up their own lounges. >> Right. That makes sense. And I think they said it was their number one customer satisfaction product. >> Yeah. >> Across everything that they offer. >> Yeah. >> Is people just love having somewhere to go when they travel. >> Yeah. So, they're opening a speak easy in Las Vegas next year called Sidecar, which is going to have just quick drinks and the bar and quick food bites. Um, and that's only going to be accessible within like 90 minutes of your flight. So, just like for quick in-n-outs versus a traditional lounge, which you have access for a few hours before your flight, >> right? >> Is this mainly going to be in your opinion because we don't really know. But in airports that have centurion lounges that are super busy, sometimes there's a wait time. Yeah. But these will kind of alleviate that because you're getting the same products just not a sprawling space per se. >> Yep. That's exactly what the plan is for that. >> And you don't just get access to cherry lounges, you also get access to Plaza premium lounges or you get access to the whole priority pass network. You also have access to Delta lounges if you're flying Delta or you have access to Lufansza lounges when you're flying Lufansza. So there's huge lounge network. >> The pain point for Delta is that when you're booking basic economy, you can't get in, right? >> Correct. Yeah. You got to book at least regular economy for that. >> And you get I think it's 10 passes per year to Delta, right? >> Yeah. >> And is that only for you or you and anyone you're traveling with? >> That's just for you. Yeah. If you want to bring in guest is $50 extra per guest. If you do spend $75,000 per year though on your platinum card or across your platinum cards, you get guest access at Centurion Lounges. So you could bring in uh two extra people with you for free and priority pass. That's included anyway, that guest access. But for Centurion, you need to unlock that with spending on the card. >> That's a shame. Used to be families were free. >> Yeah, >> that was that was >> problem is the lounges were overcrowded and they had to figure out ways to uh try to limit that. >> Right. For sure. >> So, total value on the card, you've got $600 annual hotel credit. >> Mhm. >> You've got a $200 airline fee credit. >> All right. >> You've got a $200 Uber credit. That's just credits for Uber or Uber Eats. >> We're already over the annual fee threshold. Keep going. >> You've got 400 well $120 Uber one credit per year. So, that'll make Uber one free. You've got the $400 resi credit. You've got a $100 SAX credit. >> We're already at $1,600. >> Okay, awesome. >> We're just about double the annual fee now in credits. >> You've got a $300 Lululemon credit. You've got the $200 Aura credit. You've got a $29 Clear credit. And then you've got the $300 digital entertainment credit, >> right? >> And you've got the $155 Walmart Plus credit. >> Yes. >> Uh so what are we up to so far? >> $2,784. And that's besides for the global entry which is once every four years. >> Mhm. >> So I don't know how you want to divide that up. >> What is that price? 189 >> $120 for every four years. >> $120 over four years. So it's 30 bucks. >> I guess 30 bucks a year. You can call that. >> Okay. >> I mean you also, this is a little like pro tip, but you can add an expense card, no annual fee expense card to your platinum card >> and that also gets global entry free every four years even though there's no annual fee on that card. >> And is that like one time or >> once every four years? >> No. No, no. I mean, is that one card you could do or >> you could open up up to 99 expense cards on your Platinum card. >> So, if it's someone that uh you trust to add as an authorized user, you could add up to 99 people. >> Get all of your friends and family global entry for free. If you have platinum card holder, you can open up a no fee platinum expense card. Wow. >> And each one of those comes with global entry for every four years. Yeah. >> Wow. Wow. Wow. >> That's crazy. >> That is crazy. >> So, plus $5 million in value. >> Let's I'm not even going to cut that. Right. And you know, and then that's not even counting the lounge access, the elite status benefits, all the other perks or or the ability to earn 5x points on airfare or all the insuranceances and protections that come with the card like return protection. >> Oh my gosh. Can we talk about return protection? >> Let's get to that in one sec. So, we're over $3,000 right now. If you ask me, the Aura Ring credit, I wouldn't count it as like the giving credit because it's not actually free. >> That's the least valuable of all the credits that they've added. Fine. um for people that want it, super valuable, obviously, but I think for the general public. So, we're at $2,884. >> That's literally incredible credits. Not hard to use credits that are beneficial. >> So, I'm super happy. I I've had the card before. And the extra $200 gets me $400 at Resi, gets me an extra $400 on hotel credits. It gets me $300 at Lululemon. It gets Uber 1. So, there's a ton of value that's being added. It's really >> I think it's the best credit card refresh I've ever seen. >> Yeah, agreed. Yeah, MX has hit it out of the park. >> Yeah. So, card. >> Yeah. Let's talk about return protection and and insurance on on items for an extra year. Electronics and tell me about that. >> Yeah, MX protections are amazing. Return protection is my favorite. Mhm. >> If you buy something that has a final sale policy or maybe a 30-day return window, you can tell Ammex within 90 days of buying it that you don't like it and Ammex will just credit you back the item up to $300 per item up to $1,000 per year, no questions asked. >> It's incredible. >> And they just tell you to keep it, dispose the item, give it away. So, that's an awesome benefit. >> This is especially useful because Amazon has actually introduced final sale items. Yeah, it's great just for anything on Amazon with a 30-day return policy that you can have just more time to think about it, >> right? >> So, yeah, super useful benefit >> and then travel insurance. >> Yeah, there's all all kinds of, you know, delayed flight protections, trip cancellation insurance, >> lost baggage. >> Yeah. Yeah, there's all those benefits, all those perks, and they're just super easy to use and file a claim for. Um the extended warranty, like you said, if your laptop has a one-year warranty, they'll give you another year warranty on it, and if there's any damage, and they'll pay to fix it, so or cover the cost of the laptop. really really useful perks. >> And and do they still offer I I remember a lot of some credit cards offer stolen item protection, but Ammex actually does lost it. >> Platinum card. Yes, there is lost item protection. If you lose an item uh within 90 days, they will cover it. So other cards need to file a police report to prove that it was stolen within 90 days. And this you just tell them you lost it within 90 days and they'll cover it. Yeah. >> And that was a a higher cap than $1,000, I think. Right. What was the cap on that? >> Yeah, it's a $10,000 cap for lost items.$10 cap on. So, this is why really any high-end electronic you buy in your platinum card, right? >> Yeah. >> No brainer. >> Absolute best card. >> No brainer. Just for the warranty and protection and Yeah. For the lost item protection, return. >> And I know you use that a few times, right? You I think you left a pair of Bose headphones on a plane once. >> Um, did you shatter like a 40-year bottle of scotch or something once, right? Am I remembering correctly? >> It wasn't a 40-year bottle. It was I think it was Login that we had bought and dropped on the way back from the store and MX did cover it. Yeah. It's amazing. >> Yeah. >> Yeah. Pretty wild. >> I think when we saw the card for the first time, >> it was like this card is different. >> Beautiful. The new MX Platinum Consumer Card comes in this mirrored finish. They had it like behind a case, so we couldn't actually like hold it. >> I think they flew it in from like Tokyo the day >> overnight. They overnighted it from Tokyo to get to this event. It looks stunning. So, new customers are going to get this mirrored finish platinum card. It's the nicest looking credit card I think I've ever seen. >> Absolutely. And existing customers can can request it. >> Yeah. For a limited time, they can request it today to get that mirrored finish. Just call AMX or chat with them online and you can request the mirrored finish MX Platinum card for a limited time. It's a limited edition card. It is beautiful. Like, you're going to want to pull out this card and use it just because it's it's awesome looking. Literally people people were saying um at AMX that like you could check your teeth with it. Like it's fill and mirror. >> It's filling mirror. >> Most expensive filler in the world, >> right? $95 to fill in. It's It's a beautiful card. >> It really is. >> There's not too many card redesigns that I get excited about. They've really done a nice job on this one. >> And by the way, they're MX cards that you get excited about cuz they had the Delta card that was actually made out of a Delta plane. Yes, I I did apply for the Delta Reserve when they had it made out of the 747 and I got cards for all my kids, additional users. It's made out of a 747. Like, how could I not? I love the 747. 2017, I think I flew on the last 747 flight that United flew from uh it was from San Francisco to Honolulu. >> So, that was a crazy like party bus experience >> for their final 747 flight. Yeah. So, they had that 747 credit card. I'm like, I got to get that one. >> Yeah, MX does the design. >> Yeah. >> Really well. >> Yeah. design team is super cool. >> Give me your final takeaways about the newly refreshed MX Consumer Platinum card. >> I think the card's a no-brainer. I think you're just going to add up those credits that come with the card now. It's going to far exceed the cost of the annual fee. So, you know, people do complain, I don't like these coupon books. I want a lower annual fee. But the banks have seen and we've seen all the banks move to this model that people do like the coupon book because they'll get more value than the annual fee. So AMX have gone all in on it, but they've really added a lot of incredible values to justify increasing the annual fee. So you're getting thousands of dollars of credits for that 8.95 annual fee. That's a good trade-off. >> Yeah, absolutely. I I love to see this. I love to see companies do this. And just to explain some of the back end of it, it's really a win-winwin for everybody because the banks aren't paying the companies all of that money back. The companies are actually using marketing dollars. Yeah. To enable MX to offer these credits and they retain new customers, a lot of new customers that are then going to spend more money at their properties, at their stores, etc. And then us as consumers, yes, the annual fee goes up, but there is this outsized value. So truly, everybody is winning when it's done right. And Amx did it right this time. >> Yeah. just because the credits are so useful. Like, everyone's going to go out to eat and everyone's going to stay in hotels and everyone's going to use all of these various credits like Uber. So, they're just credits that are just money in your pocket because you're going to spend that anyway. So, really nice credits, high value credits. I like the change. This is one of the few card refreshes with the higher annual fee that I would trade. I would do it in a second to get all those extra credits for $200 higher annual fee. >> Yeah. Very, very exciting. And I think the offer right now is as high as 175,000 points, right? >> Yeah. For spending, I think 8,000 in six months. So, you have to apply for the card and then they'll tell you the offer. But the good thing is they don't pull your credit until they tell you what the offer is. So, basically, you put in your information, you click apply, and it says your offer is X. It might be 50,000 points, might be 100,000 points, might be 15, might be 175,000 points, and you'll find that out after you submit it. And then it will tell you, do you want to proceed with this application or do you want to cancel it out? So, if you're not eligible for the card or if you get an offer you don't like, it doesn't pull your credit. And the truth is, if you have an existing AMX card, even getting an MX card doesn't pull your credit, >> right? >> So, that's a pretty nice benefit for AMX is that you don't get that hard credit pull if you're already an existing MX customer when you're applying for a card, typically speaking. >> Very, very cool. And if somebody wants to apply for this card, how do they do that? >> Yeah, just go on Dan Deals. You wrote all about the card and all the new information today. And we're gonna add links down below for all of these if you want to apply for any of these cards through dance deals. Always appreciate our readers, followers, enable us to keep going. >> Yep. >> Thank you all so much for for tuning into this podcast. We're going to explore more MX cards. I am so blown away and so excited to talk about the personal platinum card. So, I really wanted to get on here um as soon as that change happened and talk about it. 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