$250 annual fee for process gmo food credits a cute 4x multiplier card that can’t even be used abroad when there are cards on the market that offers 5x on groceries w/no annual fee. The only thing good is the Once in a lifetime 90k SUB. I’m churning that card man.
Yup no travel value makes it a bust with the possible increased AF, MR points alone with some credits are not enough for the AF. 6-10 visits a year to the Centurion lounges or Priority Pass would give the Amex Gold leverage in the lower AF travel card market.
@@shawn.credit Why give the Gold lounge visits? It isn't really a travel card. Give the Green PP since it's a real travel card, even more so than the Platinum.
@@headlibrarian1996It wouldn’t be unlimited Centurion access, and Priority Pass makes sense for a $250+ card the Amex Green only has credits for access.
Gmo? Are you one of those weirdos that really care about that crap? I don't even buy nothing with gmo at sprouts but I can care less. I'm not one of those weirdos like you that cry about everything. Oh no, it's GMO. Guess what? Carrots are technically GMO cuz they're actually not with you. Think they used to be. I bet you eat corn too and corn is a GMO. Corn used to be smaller 😂
People who complain about the gold card are the ones who applied because of hype and didn't analyze their own spending habit.
Yeahhhhhh, unfortunately I think so. Considering we don’t have many folks who had the Gold card when it was $195, that change to $250 where they got rid of flight credits etc, I’m sure a ton cancelled.
We have the new wave of Gold holders today haha.
Thanks Yue Liang! Nice name! 🌕🌖🌗🌘🌑🌒🌓🌔🌙
In my experience, markup in Uber eats is significantly higher than 4% back
Oh for sure, in a lot places I bet. In NY it was worse when I lived there, in SC now, it’s much less.
What state are you in, is it a city?
Thanks Xzygy, that’s a very good point!
Cash back people making up numbers to ridicule travel people 😂😂
Oh lawd, I didn’t get to it yet, I hope people didn’t try to kill me too bad haha. I brought up the Savor One opportunity cost anyway ha.
Thanks Mr Dubs!!
If you’re single or 2 people and don’t buy a lot of groceries it’s probably not worth it. I downgraded to the green card this year. It works better with the Schwab platinum for me as I travel for business.
Yep absolutely I think you’re totally right. Not enough spend to justify usually.
Green is becoming more of a power house in people’s eyes, I had it years ago and probably at this point, just keep the Schwab and cancel the gold but we’ll see.
But that makes a lot of sense for you for sure!
Thanks Artie!!
It needs travel value, a few visits a year to the Centurion lounges or Priority Pass would justify the AF more especially with the possibility for an increased AF.
Yep agreed, like years ago when it had a $195 annual fee and a travel credit, that was useful to people I think!
So something like that, lounge access or just a hotel credit would make me happy now haha.
Thanks Shawn for being here man!
Idk what all the hate is about. This is my powerhouse card when it comes to Amex and we will keep this for life. This card was made for the average family household and we rack up tons of membership rewards points because of it.
Yes I believe so for a lot of households for sure, with good food spend, can rack up a ton. I always fear however that maybe for some, it may be hard to use those points effectively.
Not sure yet on what people realistically are using it for, still kind of taking note of that over time.
What do you think?
Thanks for being here and agreed Carlos!!
@@AnthonyVenture I think people are getting it for the restaurants and not groceries and that’s where they don’t see the value. We use it for both so we get tremendous value.
@@CarlosHdz-rm6sg That’s a good point, and a huge value discrepancy for sure!
I know people like to say no one can organically use the Credits, but I'm lazy and genuinely used food delivery services at least for pickup a couple times a month BEFORE my Amex Gold Card haha. With that, I genuinely am paying close to a $10 effective fee & will take those 4x multipliers for that all day. Great video & an important one with all the talk on the Amex Gold recently!
Thank you sir Matt! Yes absolutely, I just feel like whenever we get to the points of isms or shoulds, is when sometimes irrationality can come in.
Im the same, I used those prior to the Gold as well, and at least the way I use them now, virtually no upcharge at least ha.
Thank you again Matt for being here, you are absolutely right on the money I think!
Ay man I love the Amex gold, I've been using the credits within the first couple days of each month naturally, earning points so I can finally travel to places I wanna go, and have a badass looking card while doing it. Great video
Absolutely man! Yes I think it makes a lot of sense still for folks, and it is the best looking card I’m sorry to say 😂
Thanks JLG for being here!
Entertaining as always bro haha. Got to catch up on my backlog of videos. This was a good one 👌🏿
Thank you sir! Nah, you did some hard stuff the last years man, time for your to relax 😂
Thanks JP!
Hey Anthony🤠
when you asked if your missing something?( 2:58)
was that a trick question?
Like Always Great videos, and a Great point of view.
thanks......
It was a genuine question to see where I’m wrong just based on those calculations, and if it doesn’t work, opportunity cost vs the Savor One etc etc.
But haha, not rhetorical or anything.
Thank you so much for saying that Herr! That means a lot!
Thank you for the shoutout Anthony. I appreciate it man.
You know how I feel about the Amex Gold card. I absolutely love it for WalMart Neighborhood Markets. And the credits for me are easy. But you are right..if it isn't right for someone, cancel it. Nothing wrong with canceling it or ANY card that doesn't work for someone
Of course Jon! You do some great work on your videos and I know you value the Gold card highly.
This video I think ended up more philosophical than anything oddly enough haha, cancel if you don’t care, don’t if you do!
Thanks Jon again man for being here!
Subtract missed opportunity... 5% groceries with AAA card (no annual fee, no AAA membership needed).
Yep 100%, I mentioned the Savor One as the normal go to for folks, but the AAA is for sure an amazing card that doesn’t get brought up enough. Honestly I’d consider it once I’m done with Inks.
Thanks Icarus!!
Anthony, thanks for drilling down on the math on this. I have a household of 4, and I’m spending about $225/week at the Commissary ( military grocery store) on food. Seriously looking at the AMEX Gold card to get the most value out of that spend
Absolutely Chris! I guess just make sure to do the opportunity cost on the Savor one or other 3-5% cash back card with no annual fee, because it could be better, you never know.
But absolutely, let me know if you decide to go for it, It still works for a ton of people I think.
Thanks Chris!
Great topic and information Anthony! Love the Gold 👑 Card!
Thank you sir Cesar! I think about you as soon as I think about around $1k per month on food since I think you told me you spend that for your household. I can imagine you are racking up the points etc.
Thanks Cesar man!!
@@AnthonyVenture my family of 4 easily spends $1k on food every month! The Gold is 👑
Anthony - you are a character😅 I almost canceled my Gold this year. I just get too much value from MR points in international travel to part with it - great points👍🏾
Thanks Nubian 😂😂😂, I think we all toy with the idea every now and again, I’m still thinking of it but like I said, I’ll come back to it next year so ehhhhh. Haha.
Thank you for being here Nubian man!
It's a pts earning monster for sure. Hard to beat 4X on dining and grocery. I could easily switch to the Capital One Venture X + Savor duo if the AMEX anticipated AF hike + more couponing is crazy stupid. Thanks for the info + video!
Absolutely Jimmy!! And I believe you have plenty of other no annual fee cards that could do the job for the Gold itself right?
Yeah I hear you, if it hikes and no added value + Resy, I think we’ll see mass cancellation, but I guess we’ll never know until it happens ha.
Thank you and great points about the Capital One Duo Jimmy!!
Anthony!!! Your channel is blowing up with activity !! 🕺🏼
Hahaha thanks Eel 🍱!! I know its a little crazy to think about, I remember when you first started writing some things back about year+ ago, so i appreciate you still hanging out every now and again, hopefully I’m still providing something of value occasionally haha.
My hate for the card...the fact I can't get it with a sign up bonus anymore as Platinum holder! Add to that, the raised annual fee and coupon book. was high on my radar but not anymore.
Haha I mean yeahhh, that’s really a pain, I’m sorry you got locked out of that Gold welcome offer. And yeah, coupon and more fees just isn’t the best haha.
I think the Platinum is cool, for now. But Gold can probably go haha. I’m also just having too much fun with Inks as well.
Thanks 412 for being here!
Like others have said. If it fits for you, great. If it doesn’t, great.
I personally don’t want to have to think about using a bunch of credits. I have enough things to think about already.
You know I think that’s the best way to think about it, too many decisions, micro management etc can actually be taxing without people realizing.
Like choosing something new to wear each day, it’s a waste of time haha.
So agreed Stephen, I get to that point not very often, but it happens for sure! Very good point!
Yeah, I have the Gold card, but I just got approved for a 75k offer on the delta gold biz. My new favorite Gold card.
Honestly! The Delta Gold Biz, in my opinion, actually might be a better card than the Amex Gold hahaha. I love the Delta Stays credit! And it covers it completely!
Thanks Tranquil, nice grab!!
Ya those folks saying you have to spend $5000+ per month on the Gold card to get value are FULL of $%^*! All you really have to spend is only a whopping $525 per month to exceed the annual fee, assuming all spend is in 4x categories and a 1 cpp redemption, which should be the mininum on any card. Thats not using a single credit either!
before i was even in the AmEx system, i already knew the Gold card was arguably the best card AmEx offers because everybody has to eat!
However, if you are a low spender, and have to use credits to justify the AF, then there are better NO AF or Low AF cards out there.
I just looked at my last 6 gold card statements and average $1100 per month of spend (all 4x categories) so im definitely keeping my (Rose) Gold card!!!! 😁
Absolutely!! I think it’s easy to hate on, and in some cases can deserve it, but the math has to make sense first. And for it to work for everyone.
Opportunity costs as well, but I seem to come out ahead of the Savor One.
Dang not bad at all Doc! $1100 for sure gets you crazy value. Even if it is a dead 🥀 🫠
Haha, thanks for being here Doc!!
Did you know you can also use your gold card to draw straight lines and hold papers down during windy days or if the AC is blowing too hard? Really a beast of a card.
Wait really??? No way!!! We should crowdsource more unique ways to use the Gold card, like I used it yesterday for Salsa dip and chips, super useful!! 😂😂😂
Thank you Colin and Young Alwyn!
Ohhhh man, a jam packed video talking about opportunity cost and up charging!
I know you love that, you were the one to get me to see the light of these up charges and opportunity costs! I’m gonna have to cancel now!
Thanks Calby!
@@AnthonyVenture HOUH?! Don’t blame your cancellation on me!! Now I have to pack up my bags and move again before the mob comes 🧳
If the credits could be used overseas, then I'm game, but Amex cards are only for use in the US, platinum included with some exceptions.
Yes that’s true, same goes for some multipliers too, for sure not for the people who are very often abroad I’d say, which I believe you are a lot of the time.
Thanks Ping, good point for sure!
I really like it, you break nearly even with the credits alone. Get your points for groceries which you will buy guaranteed, date nights or simply just hangouts, this is the one to have. And a good reason I also got it lol it looks great!
Absolutely! Just making sure to check the upcharges depending on how you use it, but I too break even and it profit a little from the credits, so the 4x for everything you mentioned is just value add. Worth noting if I am cashing out via Schwab, 4x is 4.4x which I should have mentioned, but I’m just now thinking of it ha.
Thanks Yum Dex for being here!
@@AnthonyVenture GENIUS 4.4x mindset, you got it man. It’s nice how gold and platinum pool points together and not separately. Schwab for the win.
Haha 4.4x mindset 😂! Yes absolutely, the pairing can be a beast for anyone just looking to cash out for the annual fee, or even redemptions honestly.
I think cash out + booking FHR has some real merit in some cases!
SUB +BENEFITS MINUS ANNUAL FEE= VALUE. This should work for any card. Do whatever WORKS FOR YOU!!
AGREED Dannie!! I think this video ended up being more “philosophical” if you can even call it that, more than anything hahaha.
Thank you for being here!!
Someone already pointed it out that you need to factor in opportunity cost into that equation which will bring your monthly spend up.
Yep 100%, that’s why I mentioned opportunity cost when referring to the Gold vs Savor One etc. I said if that’s way easier than juggling, hell yeah, get rid of ye old Gold card! Hahaha
Thanks Saintisy for being here!
What?!!!!!!!! “Nastiest color they’ve ever created?!” I need to have a word with Joe. That libel and slander is just unjustifiable hate 😢.
Lmfaoooooo! CJ!! It isn’t personal!! It was my wife’s card! Anthony told me specifically to say it (to get under your skin) and it worked! 😜😂😂😂
I think there needs to be a fight between you 2, let’s make it happen! Joe has Scissors, and CJ will use Roses 😂😂😂
@@Thecreditcardconnection 😲😲😲 so it’s Anthony’s fault? No worries, I’ll text him right now!
I'm a perpetual churner, so I have no loyalty to AF cards. I'll take the 10x back on all categories over $250 AF for a measly 4x.
You knowwwww, that’s a great point and sort of what I alluded to towards the middle/end, all I’m doing is using Ink cards right now, and have no need for the Gold at all really.
Gold/good point absolutely Michael!!
Good news, Anthony. Bojangles is opening locations in Los Angeles in 2025. Soon, I too will be able to use the Uber credits at Bojangles lol now lol
THIS IS GREAT NEWS! Finally you can see what I’ve been saying all these years 😂😂😂
Thanks Dong, I literally just laughed out loud hahaha.
Amex Gold is my favorite card, bar none. I dont like the direction of these coupons from Amex but i have a chipotle near work, so the credit buys me lunch once a month via seamless. End up needing uber or uber eats once a month too so tahts good. My buggest expense after mortgage is grocery and restaurants which is awesome to get 4x on.
Absolutely! I don’t blame you on the coupons at all, they really make these cards harder to love in certain ways, have to be creative to use them to their full extent etc.
And that’s good at least that you kind of have to use those services once per month, hopefully they aren’t upcharging much.
Do you think it’s bringing you good value each year to justify it?
Thanks Jsbatra!
I spent $1,000 a month groceries alone as a single person. But then again I buy a lot of steaks and healthy food. So on top of a lot of things I like to cook I made four ribeyes a couple days ago. I don't know why people cry about the card line. You don't like it. Don't get it. Why? I don't know what's the problem. I do find the card underwhelming but I still think it has value now. If or when they increase the annual fee you might have a conversation
And I usually use the credits when I'm out And need a coffee so if it's on my route I'm gladly willing to pay. Maybe a dollar more for my coffee or whatever I'm going to get and I have to wait in line to get it my time. Important to me cuz I don't have a lot of it to myself so I'm able to walk in for a dollar. More right away is valuable to me
And really just go down to the green card. Have a small annual fee as a decent or some pretty good value to it. If you want to go back up to the gold you can. I don't know if people I find a lot in this space complain a lot and expect every single card to fit their needs and it really is annoying because I've heard the same thing about the reserve of like the reserve needs a better credit. So if it does not fit for you and then it's not meant for you. Not everything has to be meant for everybody
I think you articulated this perfectly Brian, the time value of money for sure comes in convenient for your personal situations, and that’s another nuance that can’t be pushed to everybody etc.
And dang, $1k a month, I love it though, eating like that just leads to more health, better decisions and a happier life overall haha.
Good point about the Green, and the Gold always being there.
I think like any hobby/sport/niche, you’ll have the die hards and the people opposite to them, so you get an us vs them mentality I bet with just these cards haha.
Thank you Brian for being here and writing this out, I think it’s a great and nuanced message.
I use my Gold Card in conjunction with Delta Skymiles Dining. Eat a meal, get Skymiles and MR points for the same meal.
You know that’s a great point Paul, I actually probably could do a whole video on that down the line.
I still need to do it myself for Delta, which let me ask, do you know if it’s any restaurant to get both, or is it more selective for SkyMiles Dining?
Thank you sir Paul!!
@@AnthonyVenture You can set up any card you like for Skymiles Dining. Works at them all. Swap them out if you need Chase UR points for a while, or whatever. There are a ton of Skymiles Dining restaurants in my area. They have an interactive map to find ones near you.
Love the Gold card as it gets the most usage in my wallet. Personally I love doubling up this card with Rapid Rewards Dining for Southwest Miles
Took my mom out to dinner for her 60th birthday. $400 meal = 1600MR + 1200 SW miles. How do you beat that?
I fly SW domestic and transfer MR points for long haul overseas business class so its killing two birds with one stone.
Ohhh wow!! Wait a second, I wasn’t even aware of combining those 2, how are you able to double up on them with 1 meal?
And DAMN! $400, that must have been an amazing dinner for sure! Happy Birthday to your mom!
Absolutely, so for you, you gained more value on this 1 dinner than some for their whole months grocery budget in some cases, great value to be made back for sure!
Thank you Gibran for being here man!!
@@AnthonyVenture I doubled up using a dining program. The two that I like are Rapid Rewards Dining for Southwest and Hilton Honors Dining for Hilton.
Rapid Rewards Dining gives you 3X miles per dollar and when you earn 1000 points, you get a bonus of 300 miles. So for this purchase I spent $400 which becomes 1200 SW miles + 300 bonus =1500 total miles.
With the Hilton program you get 5X Hilton points per dollar on your first 10 visits. Once you hit 11+ visits you earn 8X Hilton points for the remainder of the year.
Between the two, it just depends on which currency I want to earn passively. Right now, I'm earning Southwest miles. Pairing the AMEX Gold with either is an awesome way to earn points actively with the Gold and passively with the dining program.
If I really need Hilton points, I will pair the Hilton Honors dining with either the Aspire or the Surpass (if I'm working towards a $15K FNC). This can turn a meal using the Surpass from 6X Hilton points to 11X - 14X per dollar helping you rack up points.
Or you can mix and match any combination that you want. I've done the Hilton Surpass with Rapid Reward Dining so I'm earning 6X Hilton + 3X Southwest Miles for a single meal.
The fact that the credits are specifically structured to create breakage is my biggest complaint. All of Amex's "coupons" do this. I don't mind businesses profiting from my patronage, but I object to that profit being earned in an essentially dishonest manner.
Would be nice if a Bojangles was nearby but the nearest one is 300 miles away 😢
Oh absolutely agreed Head Librarian, for sure they don’t make it easy, and that’s by design.
For the crazy folks, sureee it can be used, but for the most part, people don’t want to deal with it. And it can be dishonest, good to notice where the upcharges are as well too.
I mean even I don’t care to keep it really right now haha.
Ohhh noooo!! We need to get you a Bojangles!! I’m guessing you’re in the north, that sucks.
Thanks for being here Head Librarian haha!
Don’t forget the two points for each one when you transfer to Hilton.
Hilton can be a powerful partner if used correctly for sure, I think for the big time travel folks, they might think it’s throwing away money though in some cases haha.
But good point J Bowden! Thanks for being here man!
we love mr. venture. Venture for president
Hahaha don’t be crazy, I’m just a fool and everyone knows it! Watch me jingle across the comment section! 🔔
😂 Thanks for being here King Na Sir Second!
Don’t cancel me, but the Gold card works for me and my family 😂 we spend a lot on dining and groceries. If anything the food credits saves me money because before I was paying for delivery fees and tips. Now I do pickup to maximize the credit.
Get the F*** out of here Xavier. GET OUT! Hahahahaha, no that’s great and you seem to have the perfect lifestyle for the Gold card for sure!
Of course Savor could save you some on annual fees, less the credit and add a food service membership, but Gold may just outweigh that by quite a bit for you haha.
Thanks for being here Xavier man!! Let’s become uncancelable! (Famous last words)
@@AnthonyVenture even if I wanted to cancel my P2 would never let me. She is team Rose gold and will never get rid of that card 😂
Hahaha, well I’m sorry my friend, you picked wrong 😂😂😂 (don’t tell anyone, but my wife also kind of likes Rose Gold but she won’t admit to anyone else haha)
Lmaooooooooooo! Omg! Hilarious! Great video! CJ will hate me! 😂
Wepaaaaa hahaha, that was an amazing live you did Joe!! Thanks for letting me use it ha.
Let’s not forget to subtract out the opportunity cost of 3x on a no AF card like Savor one
Yep, I actually mentioned that exactly right after those calculations. Very true, and makes more sense for the general public I think, at least those who value credits at $0.
Thank you for being here What’s The Points!
all right now... when are you cancelling the amex gold? Like on a live like Joe?
Hmmmmm, that’s a good idea 🤔
Maybe will have to do something like that one day hahah, thanks Mike for being here!
Same spend on Savor One gets your $216. Just as saying.
Yep, I mentioned the opportunity cost just not the actual money back, I probably could have added that instead of just mentioning it.
Thanks John!
@@AnthonyVenture Yeah, I saw that. I mentioned the number just for comparison purposes.
Good discussion video. I really liked it.
@@jmbwashiAbsolutely, $216 is some great value for no real management too. People mention the AAA cash back card too at 5%.
Thank you sir, always appreciated John!
I think everybody wants your referral for the AMX 🌹🌹 Gold !! 😂😂😂
Literally nobody does hahahaha, and if you’re saying it’s because I’m so hard on the 🥀 Gold, then I’m going to die on this hill 😂😂😂
Thanks Fog for being here hahaha!
In the UK Amex gold is a plastic card
Is it really?? Wow that’s interesting, they care less about them I guess haha.
Thanks Frank!
The Amex Gold is a damn good card. People have lost their minds.
Cmon now folkssss, we can spell out anyway we want to make our cards make sense.
Just like we see anyone can somehow justify a Platinum, the Venture X, CSR etc.
It all depends, I don’t just believe a 5% cash back card can beat a transferable currency given a long enough time horizon, but if you’re not traveling, of course a 5% back or even 3% back wins everyday!!
But I agree with Tarrius the most, if you’re just running and gunning, get the 90k and then move on to the next!!
Thanks RJ and Tarrius!
This is the TH-cam video where Anthony reveals that he *hears voices.* 😅
Wait… what… who there??? WHERE AM I??
Hahaha 😂, thanks Young Alwyn!!
Wait til they switch it to a resy credit, people gonna lose it!!!
Phil you know the MOMENT they drop that on a 6am on a Thursday one of these days/months/years, it’s going to be mass cancellations left and right, it’ll be war 😂😂😂
Thanks for being here Phil ha!
I will cancel if it goes to Resy. I love the card, but there's only a handful of Resy restaurants within an hour of my home, so NOT WORTH IT for that.
Ahh totally, see in that case absolutely 100% should cancel. No chance to recoup is a NO GO haha!
I have 1 resy restaurant within 2 hours of me, and it shouldve been shut down years ago, no i am #teamresysucks
Love/hate kinda relationship 😅
It’s kind of complicated, and it’s on my Facebook status 😂
Thanks Ninja!!
You can tell people the reality of a situation and they will still make it about them and why it should not work for anybody else because it doesn't or did not work for them. The card works for me and I don't care how it works for anybody else.😂
Seems so! Yes that’s kind of why I put that towards the end that anyone on TH-cam or even content creators are just telling a story based on their perspective, it’s not wrong, just one go listen to and move on, use it for your own life and move on haha.
But I hear you Manuel, that’s the case with just us as people I guess hahahaha.
Thank you for being here man!
Folks want the premium cards but complain about the premium AF's craziness!
Robinhood will be the worst Gold Card in about 12 months or less. It’s not worth the 5/24 spot
Yes I believe so as well, usually these offers are too decent to be true.
Thanks Keith!!
@@AnthonyVenture if you’re getting a card for a multiplier that won’t be there before it falls off your 5/24 then it doesn’t math.
Absolutely agreed, probably just more of an X1 card continuation really. I guess we’ll see.
Seems like alot of work.
Yeahh honestly it can be for most people, I guess like anything you just put it on rotation and it becomes easier, but still something to manage month after month etc.
For some it’s just not worth it, better to go with some of the other no annual fee cards for pure simple profit I think.
Thanks Don’t Know Jack, great name Hahha!
People cry too much about this card, credits are easy enough to use
I think so, I was a victim of upcharges and not fully realizing what value I was losing, but I then fixed that as soon as I realized.
Now, without factoring in my inks ha, it can be all profit.
Thank you Johnny for being here man!
@@AnthonyVenture I typically use my Gold Uber credit with Uber Eats and find a restaurant were there are buy one get one deals and order from them. So even if there is an overcharge I am getting the value since I get multiple meals. Also will always stack the Gold's Uber credit with the Platinum's Uber credit and use both at the same time. Two weekends ago I ordered Indian food and got two entrees and two orders of naan for $29 and with the $25 in stacked credits it was less the $5 out of pocket
That’s a very good point there as well, stacking multiple deals like that just adds more and more value.
I love that, a good meal and night out, only $5 out of pocket. Which really, most of us are eating out anyway. With deals it limits the upcharges substantially.
It’s just not a very good card but everyone dickrides Amex
Yeah I think so, Ink Cards all day honestly.
I mean I wouldn’t phrase it that way haha, but I think there’s also been a shift at least in the last couple of months of people’s fully hating Amex with no exceptions etc.
Thanks Bench Of Lemons!
It amazes me you use the Savor One to enhance the Gold card yet overlook the Gold card is only 1x more on Grocery/Dining meaning you have to spend $25,000 to justify. Will you still sing its praises when it is $350/yr?
I said I should cancel the Gold card by around the 10 minute park Peter Pan man.
Plus what you said is very misleading, you’re not adding in anything about credits, what the points can be worth etc. I mentioned opportunity cost, and just a Savor One Only setup making sense for a lot of folks.
But of course not at $350/yr, unless whatever they give justifies it. Probably won’t however, they all usually get worse over time. Mass cancel the Amex Gold card.
Cmon man, you’ve never come at me with such hostility before hahaha.
Also, the elon stuff better be more ironic than actual fanboying over him. If it's the latter,v that's embarrassing
Uh oh, then what say you about Elvis on my desk then?
Also funny, my first video ever on my channel alludes to why he’s on the desk funnily enough, and then I just never mentioned it again 😂
The first equation you used is nonsense. You can't just use that and say it covers 70% of the AF. you MUST compare it to any free card that gives 3% for the same multipliers. You'd need to spend $2500 more per year to break even and make the amex gold worth it over just getting the savor one and not needing the coupons
Well your equation is wrong. If you compare to another card, you also have take in consideration the CPP of both options compared. Example 3% cash back = 3 cents but if I value MR points at 2 cents each, 4x = 8 cents per point and I don’t need to spend $2,500 to break even. Plus the value the user gives to the credits. I think Anthony’s equation is better than yours.
Yes but that is why I mentioned the 70% - over 120% the value of the AF, before mentioning the 4x Dining, $240 in credits or in my case, closer to $280 with how I use them. So you’d have to factor that into the equation too.
And that was bottom dollar, as Cesar said and does personally, folks generally who are traveling can get 2cpp or more which just allows you to profit from like $2-$300 a month only on the Gold.
But I did mention your point as well, and can make a lot of sense if not wanting to deal with justification and justification.
Thank you Cesar!! Good points all around!!
“To Like The Amex Gold Card, or To Not Like The Amex Gold Card - That Is The Question”
- Bill Shakespeare
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The answer = Team No Gold
@@KeyKEYadventuresohhh noooo Key 🔑 hahahahaha, yeah I think you’re right for me at least 😂