Amstel Light is an extremely common and perfectly respectable choice for the mid-ranking employees of my clients and partners when I take them out to a bar. (Senior decision makers generally get a dinner where it's wine and scotch all round.) Natty light, PBR and Keystone are not acceptable and will lead to comments, raised eyebrows and a sense that you don't quite belong.
Edit: It is, of course, all about branding and not a bit about the beer. Amstel has made themselves 'premium'; PBR did the opposite. If you're a connoisseur, as your profile says, then you can avoid the issue altogether by ordering a good craft beer. That's still keeping it classy. You'll just need to exercise more.