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New Contributor
GatorGuy
Posts: 351
Registered: ‎06-02-2013

Re: I want an AMEX Green. But why????


OptimalCS wrote:
Amex love struck people.....I wonder if theses banks ever think this way about us?

All the banks see when they look at us are dollar signs of various sizes.

If women didn't exist, all the money in the world would have no meaning. -- Aristotle
Starting Score: 777
Current Score:  761
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Senior Contributor
Open123
Posts: 3,849
Registered: ‎02-23-2011

Re: I want an AMEX Green. But why????


GatorGuy wrote:

I think it is perfectly acceptable for someone to pay $175 for a card just for the status if that is something that makes them happy. It is honestly one of the cheaper things you could do.


+1

 

I'd much rather drop a frivolous $175 for a CC that makes me happy than the same amount at some fancy restaurant for overpriced food.  Value and utility of satisfaction is definitely relative to the respective individual.

Senior Contributor
Open123
Posts: 3,849
Registered: ‎02-23-2011

Re: I want an AMEX Green. But why????


OptimalCS wrote:
Amex love struck people.....I wonder if theses banks ever think this way about us?

Banks covet people who spend more and have more money; and, likewise, those who have more and spend more demand more perks.  If either of these were to change (for whatever lender or issuer), the relationship will sour in about 3 seconds.

Frequent Contributor
OptimalCS
Posts: 395
Registered: ‎07-31-2010

Re: I want an AMEX Green. But why????

+1

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Regular Contributor
eagles08
Posts: 220
Registered: ‎04-24-2013

Re: I want an AMEX Green. But why????

Ah, you guys are killing me! Haha! I mean yeah it's a great card and all but the main reason I even got into looking at decent cards was to enjoy the perks of having them. I feel like I'm going backwards if I have a card with an AF that's higher than the rewards I earn even if it does make me feel boss.
Current Scores: EQ 728 FAKO PLUS CreditScore. EX 730 Lender Pull. TU - 741 FAKO PLUS CreditScore

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Senior Contributor
longtimelurker
Posts: 4,130
Registered: ‎04-22-2013

Re: I want an AMEX Green. But why????


eagles08 wrote:
Ah, you guys are killing me! Haha! I mean yeah it's a great card and all but the main reason I even got into looking at decent cards was to enjoy the perks of having them. I feel like I'm going backwards if I have a card with an AF that's higher than the rewards I earn even if it does make me feel boss.

If that's really the case (and your previous comments have suggested that feeling boss is the real driver!) then you just need to look at your spending patterns, what is not covered by your existing cards,  and what sort of rewards you value.   I think the problem is that you don't really have a very high credit card spend, so one approach is to get a card that gives a type of reward you want (hotel, flights, human skulls, whatever) and put all your spending on that, even though on individual transactions you may be giving something up (e.g not using BCE at a grocery store).

 

So, in return for not feeling boss, what sort of rewards do you want?


From highest to lowest: Amex BC (42K), Cap One , CSP, Fidelity Amex, Cap One, Penfed Plat Rewards x2, , Citi TY Pref, Citi TY Premier, Citi Plat Select AA, US Bank Cash Plus, Chase Amazon, Chase Freedom, Amalgamated Bank MC, Citi Forward, BCE, Sallie Mae (5K)

Regular Contributor
eagles08
Posts: 220
Registered: ‎04-24-2013

Re: I want an AMEX Green. But why????

Anything really! I mean if I got the PRG I'd definitely SD the BCE but what about the 5% categories for Freedom and Discover IT? Also part if the problem is that about $300 of my bills do not accept AMEX. Gas is my main expense since I work over 40 miles from home. Even still, there's a lot of extra spending I have to do somewhere and only being 21, living at home making about $36,000 a year, it's hard to even spend over $600 a month on the AMEX seeing that some bills don't accept it and obviously i can't make my car payment via credit card.
Current Scores: EQ 728 FAKO PLUS CreditScore. EX 730 Lender Pull. TU - 741 FAKO PLUS CreditScore

****NPSL**********$6,000**********$4,500************$3,500*********$3,000*********$1,900***********$1,800*******$1,000****
Regular Contributor
eagles08
Posts: 220
Registered: ‎04-24-2013

Re: I want an AMEX Green. But why????

Really as far as rewards I guess I'm pretty set with the cards I currently have. Other than that I'd like some good hotel branded cards but wouldn't the PRG be good for travel and hotel stays anyway? Really anything new I get would pretty much suck the spending from somewhere else. It's just about maximizing my return.
Current Scores: EQ 728 FAKO PLUS CreditScore. EX 730 Lender Pull. TU - 741 FAKO PLUS CreditScore

****NPSL**********$6,000**********$4,500************$3,500*********$3,000*********$1,900***********$1,800*******$1,000****
Senior Contributor
longtimelurker
Posts: 4,130
Registered: ‎04-22-2013

Re: I want an AMEX Green. But why????

Re bills on credit cards: see the threads on bill pay.  Bluebird or Serve are good ways of paying bills with credit cards.


From highest to lowest: Amex BC (42K), Cap One , CSP, Fidelity Amex, Cap One, Penfed Plat Rewards x2, , Citi TY Pref, Citi TY Premier, Citi Plat Select AA, US Bank Cash Plus, Chase Amazon, Chase Freedom, Amalgamated Bank MC, Citi Forward, BCE, Sallie Mae (5K)

Regular Contributor
eagles08
Posts: 220
Registered: ‎04-24-2013

Re: I want an AMEX Green. But why????

So there is a way to pay my bills that don't accept AMEX or bills that I even normally stroke a check for via my AMEX PRG?
Current Scores: EQ 728 FAKO PLUS CreditScore. EX 730 Lender Pull. TU - 741 FAKO PLUS CreditScore

****NPSL**********$6,000**********$4,500************$3,500*********$3,000*********$1,900***********$1,800*******$1,000****

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