SAS Amex Elite increases annual fee to 4800 kr
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A few days ago I received an email from American Express Sverige titled ‘Ändrade villkor för ditt kort’, in which they explained that starting 2020 there were new Terms and Conditions for the SAS American Express Elite card.
Email from American Express Sverige end of 2019
On one hand, they included a better car rental insurance, which is an added benefit that the card didn’t have before. However, on the second part of the email, they explained that the card annual fee will be increased from 4000 SEK to 4800 SEK (20% higher) starting 2020.
This was definitely not a nice surprise, nor a great way to start 2020, and for some reason the email feels like they decided to combine the new car rental benefit announcement with the fee increase to try not to upset so much their cardmembers. However I still think a 20% fee increase should at least make up with 20% better benefits, and IMHO, the car rental insurance is not enough to make up for the increase.
I still think the card is worth getting IF (and only if) you are able to make use of ALL (or most) of the card benefits, for example, spending over 300.000kr / year to get the Fly 2-4-1 vouchers on SAS and Star Alliance. If not, then you should definitely go for a lower tier card.
Oh well, let’s see what else 2020 brings under the sleeve…
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