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Platinum: A Couple Questions

Discussion in 'Comps' started by Leeza14, Apr 11, 2015.

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  1. Leeza14

    Leeza14 VIP Whale

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    Hi, all. I'm Platinum, and I have a couple questions about the new rules for that level.

    I am this level by my play, but I'm also this level because I have the credit card. If I'm reading the new CC info correctly, perks are different this year based on how much is charged on the card during the year. The level of perks is different depending on if the holder spends <$5K, $5-10K, and >$10K.

    If charges over $10K are made, the holder will receive a VIP pass, which does allow for some special things like separate check-in lines and line passes. However, I'm wondering if a person who is Platinum from actual play rather than the CC also gets those perks. It doesn't look like it to me.

    I'm obviously no expert, but it seems silly to me that someone who comes to the casino, gambles and spends other money there, and is probably a repeat customer is worth less than one who charges $10K on a CC.

    Am I reading this wrong? It's bugging me. Thanks.
     
  2. DaiLun

    DaiLun R.C., L.C., and A.A.N.G.

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    Platinum WHERE????

    mLife, CET and Cosmopolitan all have Platinum levels.

    I'm guessing CET since you're talking about a CC.

    Regarding your post, with the cut of finance charges and CC fees on purchases, it probably comes pretty close to ADT. It's all about the $$$.
     
    Last edited: Apr 11, 2015
  3. nostresshere

    nostresshere Mr. Anti Debit Card

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    What perks are they offering other than line pass? Line pass costs them nothing (other than indirect dilution to real players).

    And, I am also assuming CET?
     
  4. Leeza14

    Leeza14 VIP Whale

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    Oops -- sorry -- CET.

    This is from the CC website:

    The Las Vegas VIP Access Pass includes**:
    - VIP Line access at participating restaurants
    - VIP Line access for check-in
    - VIP Line access for taxis and entertainment venues
    - Preferred entry into participating Las Vegas nightclubs
    - Pool access at all Las Vegas resorts

    For us, the faster check-in is the most valuable. When I look at the regular line as compared to the VIP line, I'm sure happy to be able to step into the shorter one. I just thought it was odd that someone who, technically, wouldn't have to step foot in one of the properties could get more benefits than someone who plays up to this level.
     
  5. Krh2o

    Krh2o MIA

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    Its just like people who have the Hilton, Hyatt, Mariott, etc. Credit cards. They get some perks for having the card. These companies make good money off the credit card. Also most of the "VIP" benefits are currently available for Platinum members. The only real draw is the pool pass.
     
  6. Gamesman

    Gamesman VIP Whale

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    $10K in CC charges doesn't mean that the casino gets much from it. I spend about that in a year in gas alone, and I'll charge all my gas to my TR CC. I just pay it off each month, and get 2x RCs for using it instead of using a debit card or other CC to pay for gas. The CC doesn't help me with my tier score, but I'm not going to pass up the extra RCs.
     
  7. Kickin

    Kickin Flea

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    CET makes money by selling RCs to the CC issuer, who in turn collects the fees from the card use.

    Krh2o is right, these companies with reward programs do make a lot selling them to CC issuers. In fact there is a big push by investors for certain companies (mostly airlines) to spin off their reward programs completely because its the strongest part of their business nowadays with more and more avenues for them to sell rewards.

    I wouldn't be surprised to see an MLife branded credit card some day.
     
  8. 44inarow

    44inarow VIP Whale

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    Which is interesting, because they used to have one and then got rid of it for some reason. It had pretty minor benefits -- 1% rewards in the form of a resort gift card, 2% on spend at MGM properties, and invited guest check-in. On the one hand, I could imagine them coming up with a card that awarded benefits closer to what CET's cards does; on the other hand, it's much easier to get status at MGM from resort spend than it is at CET properties.
     
  9. Leeza14

    Leeza14 VIP Whale

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    Interesting info! Thanks! I didn't realize the RCs were sold to the CC company. I'm sure they hate me. I pay mine off the same day I make a purchase and only use it to get the RCs and now the line passes. I love being able to keep my RCs "current" this way, too, and never have to worry about losing them between trips.
     
  10. shokhead

    shokhead I'm no big spender!

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    Agree. Use mine for all the reg stuff and just let the points add up. Got about $700 for some good eating and drinking next visit.
     
    Here we go again!
  11. LV_Bound

    LV_Bound VIP Whale

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    If you are platinum them you usually get a break anyway.
    There are so many CC available with different options I would not charge $10K to the card just to cut in line.
    The $10k charge would be better served as mileage toward plane tickets or something else.
     
  12. Leeza14

    Leeza14 VIP Whale

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    We like the RCs as well. To each his/her own....
     
  13. vegasloverfromatl

    vegasloverfromatl Low-Roller

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    Wait a minute...I did notice a new box on my Harrahs Visa bill indicating some levels of VIP but didn't pay much attention. I only got the thing in the first place because they were offering the 24 hour buffet pass for 2 and the platinum level and I liked not losing my RC's. Plus, the platinum level was supposed to go away after a year but they keep extending it which is fine by me. I only have one auto payment on there every month so I don't lose my RC's. We usually start heavy charging on it a few months before our annual trip to get some RC's for free food and drinks. But are you saying we won't get the special line at check in or at restaurants unless I spend more than 10K? I like to use my Delta AMEX to get airline miles!!!
     
  14. Leeza14

    Leeza14 VIP Whale

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    That's the way I read it.
     
  15. Krh2o

    Krh2o MIA

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    There are non credit card holders that are Platinum. I doubt they will start to take away those little perks that are offered to them. Not all restaurants allow Platinum line skipping but most have that I have seen.
     
  16. hotreds

    hotreds VIP Whale

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    How would they know you are Platinum? Do they believe you, look you up, or do you get a Platinum card? Say, skipping a line at a restaurant- do they even have a computer there to look you up?
     
    A/C in December!?
    Will give them a try!
  17. hotreds

    hotreds VIP Whale

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    How would they know you are Platinum? Do they believe you, look you up, or do you get a Platinum card? Say, skipping a line at a restaurant- do they even have a computer there to look you up?
     
    A/C in December!?
    Will give them a try!
  18. Gamesman

    Gamesman VIP Whale

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    You get a Platinum TR card, and they swipe it to make sure that it's still valid and log you in.
     
  19. hotreds

    hotreds VIP Whale

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    How would they know you are Platinum? Do they believe you, look you up, or do you get a Platinum card? Say, skipping a line at a restaurant- do they even have a computer there to look you up?
     
    A/C in December!?
    Will give them a try!
  20. Suekel

    Suekel VIP Whale

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    This appears to be the case for us too.... For quite some time our account showed Platinum expiring March 2015, and now all of a sudden it shows 2016. I don't intend to ask or point this out to anyone......
     
    Vegas Just Because...
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