topic Re: AMEX trifecta goal reached. Vanity or success? in Credit Cards

AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 05:10:29 GMT

Green, Gold, and Blue. Ive always wanted Amex to be my card. Maybe I bought into the Amex hype, IDK, but when I see those 3 cards eveyday I like it!! AF's be dammed!

Anyone eles feel the same?

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 05:18:16 GMT

@Anonymous wrote:
Green, Gold, and Blue. Ive always wanted Amex to be my card. Maybe I bought into the Amex hype, IDK, but when I see those 3 cards eveyday I like it!! AF's be dammed!

Anyone eles feel the same?

I think you've picked three Amex cards that offer fairly little in terms of overall value, so I'd say you're buying into the hype a bit.

I have three Amex cards, but I think I get much more value from rewards/credits/offers/perks for a slightly higher AF cost.

Re: AMEX trifecta goal reached. Vanity or success?

NRB525 — Tue, 01 Dec 2015 05:26:00 GMT

OP, which specific cards do you have?

Green is easy enough.

Gold could be PRG or plain gold

Blue, if there is an AF, is likely the BCP.

Congratulations on reaching your goals, for sure. If you like how the cards fit in your spend pattern, then there's no issue at all.

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 07:05:28 GMT

Congrats on meeting your goal!

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 11:14:01 GMT

Congratulations! I used to have one of each of all their cards.

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 12:46:32 GMT

The two aren't mutually exclusive. As long as you like them, that's all that matters. I don't know that Green or Gold actually offer anything useful, but BCP is great.

Re: AMEX trifecta goal reached. Vanity or success?

takeshi74 — Tue, 01 Dec 2015 13:16:50 GMT

@Anonymous wrote:
Anyone eles feel the same?

Why does it matter? You should be selecting specific products that suit your needs/wants. Whether or not others feel the same about a subset of your cards or whether or not they're a "trifecta" is irrelevant. The green seems redundant to me with a gold. The gold seems pointless to me with the higher earn rate on the PRG. Not sure which Blue you're referring to but the standard Blue doesn't really offer much in terms of rewards. However, again, it's whether or not these specific cards meet your needs/wants that matters. Rewards may not matter to you for all we know.

@Anonymous wrote:
AF's be dammed!

IMO one shouldn't just consider AF's but one shouldn't just dismiss them either. Consider total cost/benefit.

@Anonymous wrote:
Ive always wanted Amex to be my card. Maybe I bought into the Amex hype

If you selected the creditor (AmEx) and then tried to justify a card then your probably did buy into the hype. Don't rely on hype. It's nothing but popularity. Again, select specific cards that suit you. The creditor should not be the cause but an effect.

Re: AMEX trifecta goal reached. Vanity or success?

OMW2_HighAcheiver — Tue, 01 Dec 2015 15:28:01 GMT

Good job OP on getting WHAT YOU WANT

Way to go!

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 16:00:07 GMT

Vanity or success? Could be a bit of both Nothing wrong with that if it works for you. A card with a high AF that doesn't maximize your rewards can be an expensive accessory, if you're not benefiting sufficiently from it in other ways, but there are a ton of expensive accessories in this world that people enjoy. Sounds like your cards are a good fit for you, and that's all that matters.

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 16:46:10 GMT

If we disregard subjective factors, I can think of no good reason for having both the green and gold (if they are personal, obviously there are cases where one personal, one biz makes sense). And as others have said, depends which Blue. If it is actually the Blue, that's a lousy card, but I think they are converting it to the Everyday anyway.

But if it makes you happy, without harming others, then that's fine. Just not a model for others with different subjective goals!

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 17:20:58 GMT

yeah upon reading this earlier it seemed the green and gold combo wasn't too beneficial. more redundant than anything and the $95 AF of the green isn't necessary with the gold rather it's PRG or regular. idk what you'll do with the green if you have the gold

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 17:21:05 GMT

@Anonymous wrote:
The two aren't mutually exclusive. As long as you like them, that's all that matters. I don't know that Green or Gold actually offer anything useful, but BCP is great.

BCP is where it's at. Made me over $5k since open.

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 17:23:59 GMT

i will get a lot of flack for saying this but the green is almost a minor upgrade to the credit one card.... same AF but the amex has better "perks" but if you have another MR card then the green is a slight upgrade to the credit one. okay show me your hate lol... but you see the point regardless.

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 17:51:16 GMT

@Anonymous wrote:
@Anonymous wrote:
The two aren't mutually exclusive. As long as you like them, that's all that matters. I don't know that Green or Gold actually offer anything useful, but BCP is great.
BCP is where it's at. Made me over $5k since open.

When did you open? And $5K compared to what alternatives.

Re: AMEX trifecta goal reached. Vanity or success?

Anonymous — Tue, 01 Dec 2015 18:05:16 GMT

@Anonymous wrote:
If we disregard subjective factors, I can think of no good reason for having both the green and gold (if they are personal, obviously there are cases where one personal, one biz makes sense). And as others have said, depends which Blue. If it is actually the Blue, that's a lousy card, but I think they are converting it to the Everyday anyway.

But if it makes you happy, without harming others, then that's fine. Just not a model for others with different subjective goals!

True, I'm really curious what the advantage is to having 2 charge cards. Maybe if you already had a green with significant account age, but you added a PRG for the signup bonus? Or if one's personal and the other is business, as you already mentioned... but otherwise, I'm out of ideas.