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A few weeks ago I wrote a post explaining how The Platinum Card® from American Express and Premier Rewards Gold Card from American Express cards are complements and not substitutes. As I explained, the Platinum card is more about the benefits (lounge access, Global Entry fee waiver, Fine Hotels & Resorts, $200 airline fee credit, etc.), while the Premier Rewards Gold card is all about the points (triple points on airfare and double points on gas and groceries).
Well, it appears as if American Express is trying to add more rewards to their Gold cards and narrow the gap, as they just introduced the American Express Gold Hotel Collection.
The terms and conditions for booking through them are as follows:
Valid for new bookings of at least two consecutive nights made through American Express Travel. Payment must be made with an American Express Card in U.S. Gold Card member, Platinum Card member or Centurion member’s name. Card member must travel on itinerary booked. Room upgrade based on availability. $75 credit excludes room nights, taxes, gratuities, fees. Benefit restrictions vary by hotel and cannot be redeemed for cash. Credit cannot be carried over to another stay, nonrefundable and applied in USD or equivalent in local currency based on exchange rate on day of arrival. May not be combined with other offers or programs unless indicated. Limit one benefit package per room, per stay. Three room limit per Card member, per stay; back-to-back stays within a 24-hour period at the same property considered one stay. Participating providers and benefits subject to change.
As you can see, the biggest catch seems to be that this is only valid for stays of at least two nights, while with Fine Hotels & Resorts or Virtuoso you get more benefits for stays of even just one night.
Anyway, you can search participating hotels and look up rates here, on their fairly easy to use hotel search tool.
Based on my search they seem to have a bit of overlap between Fine Hotels & Resorts properties, though not a complete overlap. The good news is that for all the hotels I searched, the rate offered by American Express matched the “best available” rate offered by the hotel. And as is the case with Fine Hotels & Resorts, booking through this program should still earn you points and stay credits.
So is this a killer new option? No, probably not. But it’s another option to consider when making your hotel bookings, in addition to Fine Hotels & Resorts, Virtuoso, and the Visa Signature Luxury Hotel Collection.