Amex Plat Travel Renewal: Keep, Downgrade or Close if I Already Have Infinia + 1L MR Points?
I have an Amex Platinum Travel card due for renewal next month and I’m confused whether it still makes sense to keep it.
Current situation:
I also hold an HDFC Infinia, so most of my spending has shifted there.
I probably won’t hit ₹7L annual spend on Plat Travel anymore.
I have around 1 lakh MR points accumulated.
No immediate travel plans.
I already checked with Amex and they said there are no retention offers available on my account.
Now I’m trying to decide:
Should I downgrade to a lower Amex card or just close it?
If I close the card, what’s the smartest way to use/transfer the MR points before closure?
Any transfer partners giving particularly good value right now?
Does transferring points now and holding them somewhere make more sense than keeping the card active?
Is there any practical way people monetize MR points in India if they don’t travel much?