Preaching to the choir -- I don't understand the AF on the PRG, either. Have you had it for a while? I'd ditch it before AF becomes due.
@bigblue7722 wrote:I have the PRG card cause it was a free pull for me. I just for the life of me cant figure out the $175 AF. Here is my reason behind it. First amex does not offer a cashback website like CSP. Second I understand its more of a travel/airline card but why would i get the PRG if i did fly a lot? It doesnt include checked bags or free club passes like say a chase united card. Theres got to be something im missing here. I know its a big spender card with no caps but the CSP has no caps and the AF is almost half as much. Chase marriott offers me a free night for $85 AF every year. I value the room around 300 bucks thats over a $200 dollar reward every year. The PRG does not offer anything like that. I like the amex offers a lot but they are the same for both my PRG and no AF BCE so it does not look like it matters there at all. I know it sounds like i hate amex and love chase, I really dont hate amex at all. I love the SP if declined HP if approved, 3x CLI, and amex offers, I just dont understand the AF on the PRG.
My take on it...
I love amex too, but I feel like their charge cards are a product from a different era. What kind of card charges an additional AF for AUers? Additionally the MR points are great if (as you said) you travel a lot... but what about the occasional traveler, or the guy who's interested in cash back... right now Amex has the latter category broken out into a seperate system from MR...
I really feel this is where Ultimate Rewards (and Chase) really shine. You can take a card like Freedom, earn URs, and if you feel like having cash you can have cash a 1 CPP - not 0.5 CPP like Amex. But, if that same person has the CSP, he can transfer those Freedom points to their CSP and then on to travel partners and earn even more than 1 CPP. The flexability (both up and down) is truly amazing.
Maybe if I was a hardcore traveler, and knew that 100% of my points were going to travel, I'd view it differently. Until then, I think Amex is letting Chase get the best of them on this one.
I think with the ED cards Amex is working in that direction... now they just need to address the Blue Cash vs EveryDay divide, and start valuing MR points at 1 CPP and do away with Blue Cash.
@bigblue7722 wrote:
@KennyRS wrote:
Preaching to the choir -- I don't understand the AF on the PRG, either. Have you had it for a while? I'd ditch it before AF becomes due.I applied for it on 8/3 lol. I still cant stop thinking about the AF. I am really trying to find ways to make it work because i love the way the card looks lol but man its tough. Even at 100 bucks a year i think its over priced. I will probably keep the CSP because i think i can make back the money with chase UR partners vs just a straight cash back card.
Did you get it free for the first year?
@longtimelurker wrote:
@irrational wrote:
@bigblue7722 wrote:I have the PRG card cause it was a free pull for me. I just for the life of me cant figure out the $175 AF. Here is my reason behind it. First amex does not offer a cashback website like CSP. Second I understand its more of a travel/airline card but why would i get the PRG if i did fly a lot? It doesnt include checked bags or free club passes like say a chase united card. Theres got to be something im missing here. I know its a big spender card with no caps but the CSP has no caps and the AF is almost half as much. Chase marriott offers me a free night for $85 AF every year. I value the room around 300 bucks thats over a $200 dollar reward every year. The PRG does not offer anything like that. I like the amex offers a lot but they are the same for both my PRG and no AF BCE so it does not look like it matters there at all. I know it sounds like i hate amex and love chase, I really dont hate amex at all. I love the SP if declined HP if approved, 3x CLI, and amex offers, I just dont understand the AF on the PRG.
My take on it...
I love amex too, but I feel like their charge cards are a product from a different era. What kind of card charges an additional AF for AUers? Additionally the MR points are great if (as you said) you travel a lot... but what about the occasional traveler, or the guy who's interested in cash back... right now Amex has the latter category broken out into a seperate system from MR...
I really feel this is where Ultimate Rewards (and Chase) really shine. You can take a card like Freedom, earn URs, and if you feel like having cash you can have cash a 1 CPP - not 0.5 CPP like Amex. But, if that same person has the CSP, he can transfer those Freedom points to their CSP and then on to travel partners and earn even more than 1 CPP. The flexability (both up and down) is truly amazing.
Maybe if I was a hardcore traveler, and knew that 100% of my points were going to travel, I'd view it differently. Until then, I think Amex is letting Chase get the best of them on this one.
I think with the ED cards Amex is working in that direction... now they just need to address the Blue Cash vs EveryDay divide, and start valuing MR points at 1 CPP and do away with Blue Cash.
I understand this, but doing 1c MR cashback (even if that is what UR offers) really doesn't make a whole lot of sense. If you are going cashback, there are much better cards. So yes, for flexibility it might be nice, but it wouldn't be sensible to use it that way really, so it's empty flexibility. (And lots of people already cash in MR at the low rate, so no incentive to fix!).
But I think the ED, and more especially the EDP, will take share from PRG, if and when enough people educate themselves. And having a free transfer card might even put pressure on the CSP, if the partners work for you, ED is in many ways a more valuable card than that.
People really underestimate ED card, its the only non af card out there that can transfer to airline partners and hotel partners. Chase doesn't have one of those cards, neither does citi.
