[dakrisht]

You're missing the point here.

It's about losing all of your cards when you lose one. And most people aren't going to spend money ($100) on one - yet alone TWO - cards vs. the free cards they get from their banks 24/7. If I lose my Amex, I can walk into an Amex office and get a free card in under an hour. Or have it overnighted for free.

[willimholte]

This is purely anecdotal: every time I have lost one card I have lost all of my cards (because it's when I lose my wallet or the bag my wallet is in). In this case I'd be able to go home and grab my 'originals' and use those as my backup cards.

[HelloMcFly]

Maybe I'm missing your point. You don't lose the ability to get a new card quickly with Coin (i.e., Coin gets stolen, cancel cards and Amex will send a new one), you just don't gain the ability to get a replacement Coin.

[purephase]

So, it's like losing your wallet then.