Money Angles: Membership Has Its Follies

Membership Has Its Follies

I've had my gold card for 21 years now, and am thus something of a student of American Express. I watched in amazement as it introduced flight insurance, in admiration as it goosed charge volume by offering to donate money to the Statue of Liberty, in wonder as it offered the platinum card (twice to a friend who was at the same time being dunned for late payments on his green card), and in awe as it offered baggage insurance against the possibility that your tennis racket would wind up in Acapulco more than six hours after you did. (A mere...

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