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@Guernsey Globetrotter – I think i am grandfathered in on the old cost of Founderscard – im not sure i get would get $595 worth of benefits out of it! I use a “frozen” card to pay as its an automatic subscription otherwise – they usually offer som sort of retention discount if you are not convinced about staying
There are various benefits with BA (transatlantic discount) & Virgin (status challenge) as well as hotels (status & discouonts) & other benefits…. you need to have a small business to be considered a “founder” i think…
Thanks for the reply – since my last post I started the FoundersCard application process, just so I could get to a stage where the costs and benefits were clear. I didn’t intend to complete and just left the web form once I was happy that the cost/benefit analysis wouldn’t stack up for me…
Within an hour I got an email from their member services team offering to discount the annual fee by $100 down to $495 and that this rate would be ‘locked in’ as long as I was a member. Still too rich in my personal circumstances (already hold Amex Plat and Bonvoy cards along with HSBC Prem World Elite) but it goes to show there are deals to be had. I read also that someone was grandfathered on $295 annually, which seems a lot more viable.
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