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Debating adding AMEX Green? Anyone have input?

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CBartowski
Frequent Contributor

Debating adding AMEX Green? Anyone have input?

Hey Everyone - so I'm conisdering getting an AMEX Green just for the SUB and to replace my CSR in the general "travel" category for a while. I am not sure I'll actually keep it past the first year but checking it out.

 

Does anyone have it? Been able to use the Loungebuddy credit?

 

I recognize there is a lot of overlap with my collection but wanted to get some thoughts. I could always use and extra 50K MR for 2k spend!

CARDS:
AMEX CS Plat | NSL -- Chase Freedom Flex | $19,000
AMEX Gold | NSL -- Citi Double Cash | $10,000
AMEX HH NAF | $1,000 -- Uber Visa | $5,000
CSR | $29,000 -- USAA Plat | $8,000
USAA AMEX | $23,000 -- MB Boundless | $11,900 -- CFU | $3,600 -- PenFed Pathfinder | $10,000 -- MS Plat | NSL

BANKS:
NFCU | USAA | PenFed | Schwab Bank | First Bank | Chase
Message 1 of 13
12 REPLIES 12
SouthJamaica
Mega Contributor

Re: Debating adding AMEX Green? Anyone have input?


@CBartowski wrote:

Hey Everyone - so I'm conisdering getting an AMEX Green just for the SUB and to replace my CSR in the general "travel" category for a while. I am not sure I'll actually keep it past the first year but checking it out.

 

Does anyone have it? Been able to use the Loungebuddy credit?

 

I recognize there is a lot of overlap with my collection but wanted to get some thoughts. I could always use and extra 50K MR for 2k spend!


It doesn't seem like a good idea to me

 

You already have 2 Amex charge cards

 

Since you value your MR points you should protect your relationship with Amex

 

Amex frowns on people opening a card for the SUB , then closing it a year later


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 689 TU 684 EX 673




Message 2 of 13
notmyrealname23
Established Contributor

Re: Debating adding AMEX Green? Anyone have input?


@CBartowski wrote:

Hey Everyone - so I'm conisdering getting an AMEX Green just for the SUB and to replace my CSR in the general "travel" category for a while. I am not sure I'll actually keep it past the first year but checking it out.

 

Does anyone have it? Been able to use the Loungebuddy credit?

 

I recognize there is a lot of overlap with my collection but wanted to get some thoughts. I could always use and extra 50K MR for 2k spend!


The Loungebuddy credit is nearly useless if you have the CS Plat; it gets you into 99+% of the Loungebuddy lounges. Maybe you could use it for a family member (buy access for them). Ditto the CLEAR credit, it's pretty useless if you have an AMEX Platinum, except maybe paying for someone else's CLEAR.

 

If you're *ditching* the CSR it's a reasonable replacement, since in effect you're reducing the effective annual fee from $250 to $150, and you have the same earning structure, except in AMEX MR instead of Chase UR. I did some retrospective looks at my spending over the last few years and found that IF (big if) I used MR for a value at around 1.7 cpp on airline tickets, I can justify AMEX Green's AF over a vanilla 2% cashback card, by a decent margin, even at a $150 AF (zero value from the Loungebuddy and CLEAR credits, though I find I got some decent AMEX offers on travel over the years). If you are similar that could be the logic you use to justify it for a year or two. Might also help as a way to wait for another CSR/CSP SUB and still rake in points. Smiley Wink

Charles Schwab AMEX Platinum NPSL | Amex Platinum (I know) NPSL | Amex Gold NPSL | First Tech FCU Choice Rewards World MC 35k | AMEX Marriott Bonvoy Brilliant 18k | AMEX Hilton Aspire 17.5k | Chase Southwest Priority Visa 15.5k | Bilt Rewards MC 14k | Capital One Venture X 13k | Fidelity VISA Signature 11.5k | Citi Custom Cash 11.9k | Citi Premier 8.9k | Chase Freedom Unlimited 9k | SoFi MC World Elite 8k | Barclays AAdvantage Aviator Red 8k | Capital One SavorOne 7.5k | Amazon/Synchrony 7.5k | Citi Custom Cash 6.9k | PayPal Synchrony MC 6.4k | DiscoverIt Cashback 5k | Hotels.com 5k | Apple Card 3k | Target 800 | Ch 13 filed 12/13 discharged as paid 1/19
Message 3 of 13
NRB525
Super Contributor

Re: Debating adding AMEX Green? Anyone have input?

Green actually works well to replace CSR, especially if you have a range of hotel brands, parking, rental car, etc. I agree that it should be a two year commitment. The 50k MR goes a long way toward those AF. And if you close the CSR, there's your AF offset anyhow. 

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 4 of 13
MasonK
Frequent Contributor

Re: Debating adding AMEX Green? Anyone have input?

I don't see it as a good move, even setting aside the part where you close it in a year. The Green is a good alternative to the CSR if you don't have the Platinum or Gold.

 

The only benefit you're reaping is 50k in MR points, and after Year One, the card becomes worthless since the Platinum/Gold combo have better multipliers. As mentioned, cancelling the card after Year One could land you in Pop-Up Jail.

 

Green:

3x Dining (4x on Gold)

3x Travel (5x on Air/Hotel on Platinum)

3x Transit (This might be a selling point)

Clear Credit (unless it's for Player 2, you have $179 on the CS Plat)

Lounge Credit (pretty much covered by Platinum and built in)

Trip Delay, FX, Car Rental, Insurance, etc. (all covered by other Amex cards)

1/1/16 FICO8 Scores: EX: 407, EQ: 403, TU: 455
4/1/24 FICO8 Scores: EX: 832, EQ: 820, TU: 834
FICO9 EX: 818
Total Revolving Limits: $152,300

Message 5 of 13
CBartowski
Frequent Contributor

Re: Debating adding AMEX Green? Anyone have input?


@MasonK wrote:

I don't see it as a good move, even setting aside the part where you close it in a year. The Green is a good alternative to the CSR if you don't have the Platinum or Gold.

 

The only benefit you're reaping is 50k in MR points, and after Year One, the card becomes worthless since the Platinum/Gold combo have better multipliers. As mentioned, cancelling the card after Year One could land you in Pop-Up Jail.

 

Green:

3x Dining (4x on Gold)

3x Travel (5x on Air/Hotel on Platinum)

3x Transit (This might be a selling point)

Clear Credit (unless it's for Player 2, you have $179 on the CS Plat)

Lounge Credit (pretty much covered by Platinum and built in)

Trip Delay, FX, Car Rental, Insurance, etc. (all covered by other Amex cards)


This is the conclusion Im coming to as well. The main selling point for me was the 3x on general travel. BUT I was mainly valuing the MR transfer to AA through BA but now I noticed UR can do the same sooo I'm less interested in the green.

 

Thanks everyone!

CARDS:
AMEX CS Plat | NSL -- Chase Freedom Flex | $19,000
AMEX Gold | NSL -- Citi Double Cash | $10,000
AMEX HH NAF | $1,000 -- Uber Visa | $5,000
CSR | $29,000 -- USAA Plat | $8,000
USAA AMEX | $23,000 -- MB Boundless | $11,900 -- CFU | $3,600 -- PenFed Pathfinder | $10,000 -- MS Plat | NSL

BANKS:
NFCU | USAA | PenFed | Schwab Bank | First Bank | Chase
Message 6 of 13
notmyrealname23
Established Contributor

Re: Debating adding AMEX Green? Anyone have input?


@MasonK wrote:

I don't see it as a good move, even setting aside the part where you close it in a year. The Green is a good alternative to the CSR if you don't have the Platinum or Gold.

 

The only benefit you're reaping is 50k in MR points, and after Year One, the card becomes worthless since the Platinum/Gold combo have better multipliers. As mentioned, cancelling the card after Year One could land you in Pop-Up Jail.

 

Green:

3x Dining (4x on Gold)

3x Travel (5x on Air/Hotel on Platinum)

3x Transit (This might be a selling point)

Clear Credit (unless it's for Player 2, you have $179 on the CS Plat)

Lounge Credit (pretty much covered by Platinum and built in)

Trip Delay, FX, Car Rental, Insurance, etc. (all covered by other Amex cards)


5x hotels requires prepaid hotels using the AMEX portal, and for a lot of hotels you are hosed on status benefits unless you use the chain portal. For Marriott/Hilton earning using the portal is FHR only. Earning on Marriott/Hilton/Hyatt/Hotels.com is a significant part of my rebate on spend, using the AMEX portal largely nukes that. Trading 10% Hotels.com rebate or 6.25x Hyatt as an Explorist for 2x MR is a "no sale" for me.

 

3x travel also means 3x car rental, carshares, rideshares, ferries, cruise lines, trains, parking, and POSTpaid hotels to go with transit (and won't hose you if you use the chain website and pay with a Green). It's a very broad category.

 

That being said, whether $150 AF beats earning on something like a no AF 2% card (or even just putting it on a Platinum) is a math problem and might not apply to people who don't spend much in travel categories. I still think the Green is a reasonable alternative to a CSR- the extra AF cash outlay for the CSR gets you some useful stuff (primary car rental insurance, Chase "trifectas" with PYB, better travel insurance, PP restaurants).

Charles Schwab AMEX Platinum NPSL | Amex Platinum (I know) NPSL | Amex Gold NPSL | First Tech FCU Choice Rewards World MC 35k | AMEX Marriott Bonvoy Brilliant 18k | AMEX Hilton Aspire 17.5k | Chase Southwest Priority Visa 15.5k | Bilt Rewards MC 14k | Capital One Venture X 13k | Fidelity VISA Signature 11.5k | Citi Custom Cash 11.9k | Citi Premier 8.9k | Chase Freedom Unlimited 9k | SoFi MC World Elite 8k | Barclays AAdvantage Aviator Red 8k | Capital One SavorOne 7.5k | Amazon/Synchrony 7.5k | Citi Custom Cash 6.9k | PayPal Synchrony MC 6.4k | DiscoverIt Cashback 5k | Hotels.com 5k | Apple Card 3k | Target 800 | Ch 13 filed 12/13 discharged as paid 1/19
Message 7 of 13
wasCB14
Super Contributor

Re: Debating adding AMEX Green? Anyone have input?


@CBartowski wrote:

@MasonK wrote:

I don't see it as a good move, even setting aside the part where you close it in a year. The Green is a good alternative to the CSR if you don't have the Platinum or Gold.

 

The only benefit you're reaping is 50k in MR points, and after Year One, the card becomes worthless since the Platinum/Gold combo have better multipliers. As mentioned, cancelling the card after Year One could land you in Pop-Up Jail.

 

Green:

3x Dining (4x on Gold)

3x Travel (5x on Air/Hotel on Platinum)

3x Transit (This might be a selling point)

Clear Credit (unless it's for Player 2, you have $179 on the CS Plat)

Lounge Credit (pretty much covered by Platinum and built in)

Trip Delay, FX, Car Rental, Insurance, etc. (all covered by other Amex cards)


This is the conclusion Im coming to as well. The main selling point for me was the 3x on general travel. BUT I was mainly valuing the MR transfer to AA through BA but now I noticed UR can do the same sooo I'm less interested in the green.

 

Thanks everyone!


Keep in mind that to get 5x on hotels you need to prepay through Amex Travel, which introduces potentially more restrictive cancellation policies, as well as a potential nonrecognition of elite benefits for some hotel programs (IHG I think has the right to refuse perks if you book through a third party).

 

UR will transfer to BA, but last I checked Chase doesn't run transfer bonuses as often as Amex does.

 

LoungeBuddy when you already have Schwab is pretty useless.

- Few lounges accept it

- Most that do take Platinum and include a free guest for Platinum

- Even if it gets you a free guest somewhere Platinum doesn't, the amenities will often be primitive

 

CSR's inclusion of Priority Pass restaurants (which Amex excludes) is more likely to be useful than LoungeBuddy.

Personal spend: Amex Gold, Amex Schwab Plat., BofA PR+CCR(x2), Costco
Business use: Amex Bus. Plat., BBP, Lowes Amex AU, CFU AU
Perks: Delta Plat., United Explorer, IHG49, Hyatt, "Old SPG"
Mostly SD: Freedom Flex, Freedom, Arrival
Upgrade/Downgrade games: ED, BCE
SUB chasing: AA Platinum Select
Message 8 of 13
batsy71
Regular Contributor

Re: Debating adding AMEX Green? Anyone have input?

my spouse recently got an amex green corporate card. 

i know that the amex green card offers annual satement credit for the CLEAR airport security. Does the corporate amex green offer the same benefit too?

Message 9 of 13
NRB525
Super Contributor

Re: Debating adding AMEX Green? Anyone have input?


@batsy71 wrote:

my spouse recently got an amex green corporate card. 

i know that the amex green card offers annual satement credit for the CLEAR airport security. Does the corporate amex green offer the same benefit too?


No, the Corporate Green is just a payments processing card for your employer. Since you are not paying the AF, there's no similar lounge and Clear credit as with personal Green. 

Now, if you get promoted, or can convince your employer to get Corporat Platinum, that should raise your travel status substantially, and you aren't paying the AF Smiley Happy 

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 10 of 13
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