No, upgrading from the Amex Gold card to another card does not renew your loyalty status. There is no official "loyalty status," but your American Express "Member Since" date marks the time when you became a Card Member and does not reset when you upgrade your account.
To request an upgrade from Amex Gold to Platinum, call American Express customer service at 1 (800) 528-4800. Or, log in to your online account and click “Amex Offers and Benefits” at the bottom of the page to see if you’re eligible for an upgrade from Gold to Platinum. You may receive a targeted upgrade offer, either by e-mail or through regular mail. Just bear in mind that it’s best to wait until you’ve had the card for at least 12 months before requesting an upgrade. Otherwise, you will lose any reward points you’d previously earned but not redeemed.… read full answer
If you upgrade from Amex Gold to Platinum, you’ll be disqualified from earning the Platinum card’s initial bonus of 100,000 points. Also, American Express will credit the pro-rated portion of the Gold card’s annual fee that you’ve already paid toward the new Platinum card and charge the remainder of the new card’s $695 annual fee to the first month’s billing statement. Once you upgrade, you’ll get perks like 5 points per $1 spent on flights and prepaid hotels, annual Uber and airline fee credits worth $200 each, automatic elite status with the Hilton Honors and Marriott Bonvoy loyalty programs and more.
If you qualify for an upgrade from Amex Gold to Platinum, you should get your new card within 7 business days of approval. The card number, credit limit and APR won’t change, but the new card will come with a different expiration date and security code. In addition, there’s no hard inquiry associated with an upgrade, so there’s no effect on your credit score.
American Express has confirmed that an individual can have up to four Amex credit cards. The limit of four American Express credit card accounts includes normal Amex credit cards and cards co-branded with airlines, hotel chains, etc. There is a separate limit for American Express charge cards: 10. Charge cards aren’t as risky because they make it harder to rack up large balances that you can’t afford to repay.… read full answer
With that being said, American Express’s policies shouldn’t be a problem for most people. For one thing, most of us have a hard enough time managing one or two credit cards responsibly. And even if you use the Island Approach, designating different credit cards for specific types of transactions, it’s unlikely that more than four non-charge-card Amex credit cards will be among the very best offers for your needs.
To check for American Express upgrade offers, log in to any Amex account, select “Cards” from the menu, then choose “View all Credit Cards,” and scroll down to check for upgrade offers at the bottom of the page. Another way to find Amex upgrades is to look through recent emails, which might include special offers.… read full answer
It’s also possible to get upgrades by calling American Express at 1-800-528-4800. Even if you haven’t found a targeted upgrade offer online or in the mail, a representative might extend a deal over the phone when asked about offers. There are, however, eligibility requirements that representatives must consider before handing out upgrades.
Amex tends to wait a year – though it could be less – between each upgrade offer for cardholders. This is to prevent members from abusing the welcome bonuses that may come with targeted offers. When Amex does allow you to change products, they limit you to the same card type (charge card or credit card) and rewards type (points, miles, or cash back) as your previous Amex. Your account must also be in good standing for you to qualify for an upgrade.
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