Membership Rewards

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Why my American Express Gold Card is fast gaining walletshare!?

When American Express, on my American Express Kingfisher First Credit Card decided to compulsorily sweep all my Membership Rewards points onto my King Club account every month as of May 2011, I was not very impressed with them. This because the original contract between us was about earning Membership Reward points, and I could choose to use them on any other reward as well at that point of time. I used to time my sweep to Kingfisher’s program with a bonus, so that I could earn the few extra miles. To placate me, American Express offered to issue me the newly relaunched Gold Charge Card, which usually comes free for the first year from the Amex stable. Their line was,…

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