Which type of credit card is best for me?
Author: Jay O
Joined: 15 Dec 2004
Posts: 1
Location: NH
Posted: Wed Dec 15, 2004 10:36 pm
Post subject: Fee versus no fee
Thinking about the CITI Premier Pass Card because of the recommendation on the website but don't know if i should go for the Elite which has an annual fee of $75? Is it worth doing? I would rather not have a fee, but I can't tell if its worth the $75 fee. I will use the card for business travel, airlines, etc, I have a new job and the company allows you to use your own credit card and you get the bonus of getting the points for personal use. I think I will spend between $20K to $30K for expenses. So, not sure of the best card? I will not carry a balance and pay the card in full. I have excellent credit. Recommendations Please?
Jay O.
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Author: Board Monitor
BOARD MONITOR-ADMINISTRATOR
Joined: 05 May 2003
Posts: 502
Posted: Thu Dec 16, 2004 12:04 pm
Jay O, Thanks for your post and welcome to the board!
A couple of notable benefits of the fee card are the 15,000 bonus points (as opposed to 5K with the no fee card) and the free companion ticket offer:
Free unlimited companion travel when you use the Citi PremierPassSM Card - Elite Level to purchase a round-trip Coach Class excursion fare ticket for $359 or more for travel in low season and $379 or more for travel in high season, with a destination in the continental United States. Passenger is responsible for all fees, taxes and charges incurred in connection with the free companion travel.
One drawback is that you that you only "Get 1 point for every other dollar spent". So, it depends on your situation. I personally would stick with the no fee card. Then again, cards that charge fees are one of my pet peeves!
Best Regards,
Curtis Arnold
Board Monitor
U.S. Citizens for Fair Credit Card Terms, Inc.
http://www.cardratings.com
501-663-0314 PH 501-301-8474 FX
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Author: JWO
Joined: 15 Dec 2004
Posts: 1
Posted: Thu Dec 16, 2004 12:08 pm
Hi Curtis - thanks for responding. I agree and went with the no fee card. My wife works for Delta so flying for me is cheap!
Jay
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Author: Board Monitor
BOARD MONITOR-ADMINISTRATOR
Joined: 05 May 2003
Posts: 502
Posted: Fri Dec 17, 2004 9:30 am
Neat! Let us know how you like the card. Out of curiosity, how did you find our board?
Best Regards,
Curtis Arnold
Board Monitor
U.S. Citizens for Fair Credit Card Terms, Inc.
http://www.cardratings.com
501-663-0314 PH 501-301-8474 FX
View our latest credit card ratings!
Joined: 15 Dec 2004
Posts: 1
Location: NH
Posted: Wed Dec 15, 2004 10:36 pm
Post subject: Fee versus no fee
Thinking about the CITI Premier Pass Card because of the recommendation on the website but don't know if i should go for the Elite which has an annual fee of $75? Is it worth doing? I would rather not have a fee, but I can't tell if its worth the $75 fee. I will use the card for business travel, airlines, etc, I have a new job and the company allows you to use your own credit card and you get the bonus of getting the points for personal use. I think I will spend between $20K to $30K for expenses. So, not sure of the best card? I will not carry a balance and pay the card in full. I have excellent credit. Recommendations Please?
Jay O.
View our latest credit card ratings!
Author: Board Monitor
BOARD MONITOR-ADMINISTRATOR
Joined: 05 May 2003
Posts: 502
Posted: Thu Dec 16, 2004 12:04 pm
Jay O, Thanks for your post and welcome to the board!
A couple of notable benefits of the fee card are the 15,000 bonus points (as opposed to 5K with the no fee card) and the free companion ticket offer:
Free unlimited companion travel when you use the Citi PremierPassSM Card - Elite Level to purchase a round-trip Coach Class excursion fare ticket for $359 or more for travel in low season and $379 or more for travel in high season, with a destination in the continental United States. Passenger is responsible for all fees, taxes and charges incurred in connection with the free companion travel.
One drawback is that you that you only "Get 1 point for every other dollar spent". So, it depends on your situation. I personally would stick with the no fee card. Then again, cards that charge fees are one of my pet peeves!
Best Regards,
Curtis Arnold
Board Monitor
U.S. Citizens for Fair Credit Card Terms, Inc.
http://www.cardratings.com
501-663-0314 PH 501-301-8474 FX
View our latest credit card ratings!
Author: JWO
Joined: 15 Dec 2004
Posts: 1
Posted: Thu Dec 16, 2004 12:08 pm
Hi Curtis - thanks for responding. I agree and went with the no fee card. My wife works for Delta so flying for me is cheap!
Jay
View our latest credit card ratings!
Author: Board Monitor
BOARD MONITOR-ADMINISTRATOR
Joined: 05 May 2003
Posts: 502
Posted: Fri Dec 17, 2004 9:30 am
Neat! Let us know how you like the card. Out of curiosity, how did you find our board?
Best Regards,
Curtis Arnold
Board Monitor
U.S. Citizens for Fair Credit Card Terms, Inc.
http://www.cardratings.com
501-663-0314 PH 501-301-8474 FX
View our latest credit card ratings!
posted by CardRatings.com at 1:23 PM
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