Pros: MasterCard network of retailers; Global Airport Lounge Access; Foreign Currency Delivery Service
Cons: No More 62 Day Billing Cycle; Lack of Upgrade to Carte Blanche
I've been a loyal DC member since 2001 and average between $3,000 and $5,000 a month in purchases. I am so loyal that this is the only card that I EVER use. Today I called to upgrade my card to the Carte Blanche card and I was told that I would have to close my existing account and apply for the Carte Blanche card separately. The application and approval process would take 15 - 30 days. This has to be the worst policy in the credit card industry. Why would you want to alienate a good that pays their balance in full every month? Other companies are happy to upsell you to another card that has a much higher annual fee ($95 to $300). Needless to say, I am looking forward to making the American Express Platinum card my card of choice. I will miss many of the benefits associated with Diners Club such as access to airport lounges around the world and the foreign currency delivery service.
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