American Express Gold Card Credit Card Review
Author: Tek
Posted: Sun Jan 15, 2006 12:08 am
Post subject: American Express Gold Card
Hello everybody,
I am new to this forum and had a quick question for American Express Gold Rewards Card holders.
I have been with American Express for about a year now. I started with a Green Card ($60 Annual Fee) to the Gold Card ($90 Annual Fee). They told me the card would pay for itself.
I calculate that it saved me $100 directly (hotel and online orders) and another $150 if I cashed in the points I have.
Do you think the Gold Card is worth having in the long-run based on your own personal history with the card?
I charge every purchase I can to the card and it is my primary card.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: mouse
Posted: Sun Jan 15, 2006 1:02 am
Post subject: Re: American Express Gold Card
Tek wrote:
Hello everybody,
I am new to this forum and had a quick question for American Express Gold Rewards Card holders.
I have been with American Express for about a year now. I started with a Green Card ($60 Annual Fee) to the Gold Card ($90 Annual Fee). They told me the card would pay for itself.
I calculate that it saved me $100 directly (hotel and online orders) and another $150 if I cashed in the points I have.
Do you think the Gold Card is worth having in the long-run based on your own personal history with the card?
I charge every purchase I can to the card and it is my primary card.
I prefer AMEX "CREDIT" CARDS
Author: Polonius
Posted: Sun Jan 15, 2006 10:10 am
Post subject:
There's no way to answer the question without knowing what you're spending your money on and what other choices you have. I've had a Gold AmEx card sine 1983, but I rarely use it because I have better offers/rewards for what I spend my money on. For example, I get 5% on gas, supermarket, and drugstore purchases on one Chase card. Why settle for rewards points (with restrictions and fees to transfer the points to other rewards programs) instead of 5% cash? Generally, the rewards program turns out to be about 1% cash in terms of the rewards cash value, if that. And the fee keeps going up...
Author: Tek
Posted: Sun Jan 15, 2006 3:24 pm
Post subject: American Express Gold Card Credit Card Review
I looked into the Cash Back cards before. You have to spend over $6,500 before the 5% kicks in. Then the 5% is calculated per purchase and usually only applies to gas, food, and other everyday items. All other purchases are 1% back.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Sun Jan 15, 2006 12:08 am
Post subject: American Express Gold Card
Hello everybody,
I am new to this forum and had a quick question for American Express Gold Rewards Card holders.
I have been with American Express for about a year now. I started with a Green Card ($60 Annual Fee) to the Gold Card ($90 Annual Fee). They told me the card would pay for itself.
I calculate that it saved me $100 directly (hotel and online orders) and another $150 if I cashed in the points I have.
Do you think the Gold Card is worth having in the long-run based on your own personal history with the card?
I charge every purchase I can to the card and it is my primary card.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: mouse
Posted: Sun Jan 15, 2006 1:02 am
Post subject: Re: American Express Gold Card
Tek wrote:
Hello everybody,
I am new to this forum and had a quick question for American Express Gold Rewards Card holders.
I have been with American Express for about a year now. I started with a Green Card ($60 Annual Fee) to the Gold Card ($90 Annual Fee). They told me the card would pay for itself.
I calculate that it saved me $100 directly (hotel and online orders) and another $150 if I cashed in the points I have.
Do you think the Gold Card is worth having in the long-run based on your own personal history with the card?
I charge every purchase I can to the card and it is my primary card.
I prefer AMEX "CREDIT" CARDS
Author: Polonius
Posted: Sun Jan 15, 2006 10:10 am
Post subject:
There's no way to answer the question without knowing what you're spending your money on and what other choices you have. I've had a Gold AmEx card sine 1983, but I rarely use it because I have better offers/rewards for what I spend my money on. For example, I get 5% on gas, supermarket, and drugstore purchases on one Chase card. Why settle for rewards points (with restrictions and fees to transfer the points to other rewards programs) instead of 5% cash? Generally, the rewards program turns out to be about 1% cash in terms of the rewards cash value, if that. And the fee keeps going up...
Author: Tek
Posted: Sun Jan 15, 2006 3:24 pm
Post subject: American Express Gold Card Credit Card Review
I looked into the Cash Back cards before. You have to spend over $6,500 before the 5% kicks in. Then the 5% is calculated per purchase and usually only applies to gas, food, and other everyday items. All other purchases are 1% back.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 6:18 PM
0 Comments:
Post a Comment
<< Home