no humble brag, but lol at Amex Platinum packaging

[Htrb-nvr-blk-&-ug-as-evr]

Question:

The travel benefits that come from these CCs are only worth it if you spend a fukk ton of money right? Like there’s no reason to even apply if I don’t spent crazy money in the first place?

With annual fee cards, you have to weigh the benefits you can use against the annual fee cost. Honestly, a lot of folks (majority) get the card for clout/club access and barely use the benefits or put spend on the card. That’s one of the reasons many believe that AmEx raised the fee and threw in shyt benefits this year...to clear out the scrubs. Lots of talk about overcrowded Centurion lounges and long waitlists to get in. That’s bullshyt for an “exclusive” card.
If you use the card as an everyday card, you can rack up some serious points...and yes, it helps to spend a shyt ton of money.
If your goal is to simply rack up as many points as possible through spend, there are cheaper ways to do it (gold card, the Chase system).
If you want club access, you can do the plat if you can use the other perks. Now plat club access is $50 for a companion and $30 for kids where it used to be free for guests...even more reason not to fuk with it for now.

 

[Womb Raider]

With annual fee cards, you have to weigh the benefits you can use against the annual fee cost. Honestly, a lot of folks (majority) get the card for clout/club access and barely use the benefits or put spend on the card. That’s one of the reasons many believe that AmEx raised the fee and threw in shyt benefits this year...to clear out the scrubs. Lots of talk about overcrowded Centurion lounges and long waitlists to get in. That’s bullshyt for an “exclusive” card.
If you use the card as an everyday card, you can rack up some serious points...and yes, it helps to spend a shyt ton of money.
If your goal is to simply rack up as many points as possible through spend, there are cheaper ways to do it (gold card, the Chase system).
If you want club access, you can do the plat if you can use the other perks. Now plat club access is $50 for a companion and $30 for kids where it used to be free for guests...even more reason not to fuk with it for now.

So right now I have the Amazon chase card and Best Buy card. Not particularly useful for travel rewards, just cards I got for a purpose. Now when I start making more money and can afford to take more trips, which would be beneficial to put those on? Gold card?

Actually you know what I just peeped the capital one venture card. I’ll save the plat/gold card for when I’m ballin.

 

[humminbird]

The 695 fee is completely offset with the 700 free credits for hotel, airfare, Saks 5th and uber.

Then add in lounges (at min a $200 value for wifey and I every trip we take in booze)...

Been a member forever.

yeah this is almost where I'm at
you basically get a free hotel night if you know how to navigate their hotel site
than you get the airline credit for check-ins and flight purchases

 

[Htrb-nvr-blk-&-ug-as-evr]

So right now I have the Amazon chase card and Best Buy card. Not particularly useful for travel rewards, just cards I got for a purpose. Now when I start making more money and can afford to take more trips, which would be beneficial to put those on? Gold card?

Gold card is great... like I said it’s an everyday card that targets where most folks will blow money weekly: restaurants and groceries. It’s $250/yr but if you sign up through Resy.com, you get 60k points after $4k spend in 6 months plus $250 dining credit (20% back per dining purchase up to $250) yltue first year...that makes the annual fee free the first year. You also get $120 in uber credit per year and an additional $120 dining credit from AnEx. AmEx also has a ton of special offers that post up in the app as well that get bonus points for certain restaurants/vendors/companies if you spend with them. If you can, check out the Chase Freedom Unlimited also to get you into the Chase Ultimate Rewards system with no annual fee. You can decide whether you want the AmEx Membership Rewards or Chase Ultimate rewards for collect points. Since you’re starting out, pick one and put beaucoup spend on it. Chase will be easier to transfer and has better acceptance overseas. But either one will work

 

[BigMoneyGrip]

I have the Amex Plat and honestly if you ain’t spending at min 5k a year on it they should raise the yearly fee on those who just in it for the clout.. Keep the $550 fee for those who spend at min $5k a year on their card..

 

[Htrb-nvr-blk-&-ug-as-evr]

I have the Amex Plat and honestly if you ain’t spending at min 5k a year on it they should raise the yearly fee on those who just in it for the clout.. Keep the $550 fee for those who spend at min $5k a year on their card..

That’s a great concept. The more you spend, the lower the annual fee. 100k and over no annual fee. $5k and under $1000 annual fee

 

[Womb Raider]

Gold card is great... like I said it’s an everyday card that targets where most folks will blow money weekly: restaurants and groceries. It’s $250/yr but if you sign up through Resy.com, you get 60k points after $4k spend in 6 months plus $250 dining credit (20% back per dining purchase up to $250) yltue first year...that makes the annual fee free the first year. You also get $120 in uber credit per year and an additional $120 dining credit from AnEx. AmEx also has a ton of special offers that post up in the app as well that get bonus points for certain restaurants/vendors/companies if you spend with them. If you can, check out the Chase Freedom Unlimited also to get you into the Chase Ultimate Rewards system with no annual fee. You can decide whether you want the AmEx Membership Rewards or Chase Ultimate rewards for collect points. Since you’re starting out, pick one and put beaucoup spend on it. Chase will be easier to transfer and has better acceptance overseas. But either one will work

I already have the Amazon Chase card if that counts?

My goal is to rack up travel points. I’d like to reward myself for finishing nursing school with an intl trip next year. I’m not quite sure that I’ll be spending enough money to meet the req for the reward points unless I buy any and everything with the cc. Maybe I should start out with the venture cc until I make more money?

 

[Htrb-nvr-blk-&-ug-as-evr]

I already have the Amazon Chase card if that counts?

My goal is to rack up travel points. I’d like to reward myself for finishing nursing school with an intl trip next year. I’m not quite sure that I’ll be spending enough money to meet the req for the reward points unless I buy any and everything with the cc. Maybe I should start out with the venture cc until I make more money?

The co-branded Chase Amazon card does not count. You’ll have to apply directly with Chase for the other cards that earn rewards. The Amazon card is a cash back card. Also, my apologies...the chase Freedom unlimited is a cash back card as well, so at best you’ll have to get a sapphire or a hotel-co branded card from chase for points. You can try the $99/yr Venture card for miles but you’ll have to spend $20k in a year to get the 100k mile sign up bonus. If you can’t do that, I wouldn’t bother.
Now, the VentureOne card is no annual fee and earns miles and gets a 20k mile bonus for $500 spend on 3 months...very doable. I’d try for that.
The spend requirement is strictly for the sign up bonus...after that, spend as much or as little as you like.

 

[sayyestothis]

That’s a great concept. The more you spend, the lower the annual fee. 100k and over no annual fee. $5k and under $1000 annual fee

That is how it works. I average about 5-7k a month on it and when fee time comes I call and ask for a rebate. They the past 3 years have either given me 55k points the next month or a $300 statement credit.

U have to call though and initiate. If ur a good client take advantage....

 

[CashmereThoughts]

Question:

The travel benefits that come from these CCs are only worth it if you spend a fukk ton of money right? Like there’s no reason to even apply if I don’t spent crazy money in the first place?

If you travel often , I’d say once every other month it’s either to make Amex platinum pay for itself.

it’s ain’t about spending crazy money. It’s about being intentional in getting your benefits out of the card.

 

[BlaccSunrise]

Just got approved for a platinum

 

[Theraflu]

Just got approved for a plat amex