@Anonymous wrote:
@longtimelurker wrote:
@AndySoCal wrote:Nothing at all. Any card that decides to charge me an annual fee will be closed in a heart beat.
Regardless of the value proposition?
Sorry, I still don't get why people think that way!
I I have seen this also and fail to understand. We got back from Amex BCP $360 from the grocery part alone. Plus atleast $60 on gas. And finally $100 plus on Amex offers. The Amex offers alone paid the $95 fee. If we had just used the Amex blue cash regular we would have left over $200 on the table. The offers for Amex plain on our account are not always the same on BCP so some of that would have been left also
Unrelated to this we have an employee who will not spend $100 on a professional designation plus the $25/monthly association membership fee even though this will raise her pay over $5,000 per year. She simply wont spend the money.
Ok that's taking it waaaaaaaaaaaaaaaaaay too far. Although does the designation require some sort of proficiency exam? Part of me wonders if it's to do with that.
As far as AF goes, I think this is truly a YMMV situation. If you get net positive value out of an AF card, by all means keep the card and keep using it. For my spending habits, AF cards would net me a positive ROI only in the first year or two purely because of the signup bonus. So unless my lifestyle changes significantly, I don't foresee signing up for an AF card, or keeping one past the second year.
Unrelated to this we have an employee who will not spend $100 on a professional designation plus the $25/monthly association membership fee even though this will raise her pay over $5,000 per year. She simply wont spend the money.
Ok that's taking it waaaaaaaaaaaaaaaaaay too far. Although does the designation require some sort of proficiency exam? Part of me wonders if it's to do with that.
The test is easy. She can already do the work. DW puts on a program each year at trade show on it and employee actually helps DW with it.
@Anonymous wrote:
Unrelated to this we have an employee who will not spend $100 on a professional designation plus the $25/monthly association membership fee even though this will raise her pay over $5,000 per year. She simply wont spend the money.
Ok that's taking it waaaaaaaaaaaaaaaaaay too far. Although does the designation require some sort of proficiency exam? Part of me wonders if it's to do with that.
The test is easy. She can already do the work. DW puts on a program each year at trade show on it and employee actually helps DW with it.
scratches head. Sure you want to keep said employee? 
.. As they might not be as smart as you think lol with simple math lol .. jk, kinda.
@CreditCuriousity wrote:
@Anonymous wrote:
Unrelated to this we have an employee who will not spend $100 on a professional designation plus the $25/monthly association membership fee even though this will raise her pay over $5,000 per year. She simply wont spend the money.
Ok that's taking it waaaaaaaaaaaaaaaaaay too far. Although does the designation require some sort of proficiency exam? Part of me wonders if it's to do with that.
The test is easy. She can already do the work. DW puts on a program each year at trade show on it and employee actually helps DW with it.
scratches head. Sure you want to keep said employee?
Plot twist: said employee is secretly thinking of jumping ship, and said designation would disqualify her for positions she's considering at other companies lol
@arkane wrote:
@CreditCuriousity wrote:
@Anonymous wrote:
Unrelated to this we have an employee who will not spend $100 on a professional designation plus the $25/monthly association membership fee even though this will raise her pay over $5,000 per year. She simply wont spend the money.
Ok that's taking it waaaaaaaaaaaaaaaaaay too far. Although does the designation require some sort of proficiency exam? Part of me wonders if it's to do with that.
The test is easy. She can already do the work. DW puts on a program each year at trade show on it and employee actually helps DW with it.
scratches head. Sure you want to keep said employee?
Plot twist: said employee is secretly thinking of jumping ship, and said designation would disqualify her for positions she's considering at other companies lol
She has a terrible one sided contract complete with a non compete clause and liquidated damages. It would break her and any one who tried to hire her. Our office has a large foot print that is very enforeceable. I sued and collected $100K plus an injunction several years ago when who tried this. Their new employer got stuck with a huge legal bill running 6 figures .
I only have three cards that have an AF, and by next fall it will be down to two.
- Amex BCP - this one is a no-brainer for me; the 6% cash back on groceries alone makes it worth the AF. Add in the Amex Offers (which may or may not be offered if I had the BCE) and I'm a happy camper.
- Amex PRG - this one I consider a 'break even'. I use the $100 airline credit annually to offset part of the AF, and the no-fee AU card has value for me as well. By the time I figure in the savings from Amex Offers not given to my other two cards I basically break even, and that's before I consider the value of any MR points earned during the year (which I admit aren't too valuable to me at this time). My AU likes the card, though, so it's a keeper.
- Chase IHG - I applied for this in September 2016 basically to 'test the waters' to see if I was on Chase's blacklist due to an old Providian/Wamu account... it was approved for $9k. I earned my first free night voucher on my account anniversary a few months ago, but with no plans to use it I'll probably change this card to the no-AF version before the next AF hits and let it hang around to keep my 80K IHG points warm. In the coming months I'll also likely move $7k of the credit line to my $500 Chase Amazon Prime Visa, which I actually do use.
Edited to add: I totally forgot about my Venture WEMC, but that one doesn't count anyway since in the next week or two it will be PC'ed to a no-AF Quicksilver WEMC. (Of course I'll try to get them to change it to a Savor, but I don't expect them to be able/willing to do it.)
