American Express will be eliminating the 15,000 point bonus on the American Express® Premier Rewards Gold Card as of 2015.
What are the implications here, and why is this a big deal?
BACKGROUND ON THE PREMIER REWARDS GOLD
I've had the American Express® Premier Rewards Gold Card for years. It's one of the first cards I ever applied for. Anecdotally it's fairly easy to be approved for, given that it's a charge card and not a credit card (meaning you have to pay off your balance in full each month, making it lower risk for the issuers than a credit card).
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