Here's What Happened When I Called Amex to Downgrade My Platinum Card

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• American Express is particularly good about allowing cardholders to downgrade to a less expensive card.
• If you currently charge everyday bills to your American Express card and want to downgrade, Amex seamlessly moves those expenses to your new card.
• It's important to revisit card perks annually and decide what you're willing to pay for.

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American Express® Green Card is unavailable on The Ascent. All information was collected independently and not reviewed for accuracy or provided by the credit card issuer. Some items may be out of date.

For the first couple of years we had it, I enjoyed The Platinum Card® from American Express. I especially liked the perks of traveling with the card and the sheer number of reward points we'd earn with each big trip. After a year or so of not traveling much, though, my husband and I rethought how we were using it and realized that we'd be better served with another card at our disposal.