Experienced Amex Charge Card Users

The-Credit-Disciple · ‎08-01-2018

Great afternoon!! What benefits have you experienced with Charge Cards? I am pre approved for The Platinum but i don't no much about them. Thanks everyone in advance for your wisdom

afbar1114 · ‎08-01-2018

Look at your EveryDay spending. I find more value out of the PRG my self and the AF is much cheaper too. The Platinum card is for travel and the PRG is for everyday use and you still get a $100 air line credit.

AMEX PRG; AMEX EveryDay $14,800; Freedom $6k; Sapphire $7k; IHG Select $5k; Discover $2,400; BofA Better Balance $9,100; Bank Americard $5,900; Citi DC $2,700; Citi Diamond $2,500; BestBuy $20,000; Amazon Prime $5k, United Club $15,000; Home Depot $20,000; Barclays $7,500

Total Credit Limits: $122,650

The-Credit-Disciple · ‎08-01-2018

I don't travel at all.

The-Credit-Disciple · ‎08-01-2018

So the Platinum is geared more towards Traveling?? I will pass and continue to Garden until something comes around and blows my Mind(Bank of America Cash rewards)

Billharrell · ‎08-01-2018

If you don't travel frequently then the platinum is not for you. I travel rarely (1-4 flights per year) and I'm pushing it to make the PRG worthwhile.

If you're prequalified for the platinum and don't travel much, I'm sure you could snag the PRG. Like me, it would fit your lifestyle much better. Good luck!

2/18 FICO 8's:
EX(692): 3.1yrs, 8 inq.
TU(654): 0.3yrs, 3 inq.
EQ(683): 3.1yrs, 3 inq.
Utilization: 50%

Wall of Shame (recent denials/wish list):

afbar1114 · ‎08-01-2018

I use my PRG for EVERYTHING! I still get 3x points on flights and $100 in credits. Do for me the AF is $95. I get double points on gas, dinning, and food shopping. You get the first year free so try it out if you want and see how it goes.

AMEX PRG; AMEX EveryDay $14,800; Freedom $6k; Sapphire $7k; IHG Select $5k; Discover $2,400; BofA Better Balance $9,100; Bank Americard $5,900; Citi DC $2,700; Citi Diamond $2,500; BestBuy $20,000; Amazon Prime $5k, United Club $15,000; Home Depot $20,000; Barclays $7,500

Total Credit Limits: $122,650

Anonymous · ‎08-01-2018

If you don't travel, the Amex Platinum's annual fee isn't worth it. I use my Amex PRG to rack up points for everyday spending. 3X points for Airlines, 2X for Dining, Gas, and Supermarket. The $100 annual travel credit is pretty easy to use.

The-Credit-Disciple · ‎08-01-2018

PRG is geared more for everyday use? Is it true Charge cards have to be paid in full every month?

afbar1114 · ‎08-01-2018

@The-Credit-Disciple wrote:
PRG is geared more for everyday use? Is it true Charge cards have to be paid in full every month?

Yes AMEX charge cards are PIF every month. IMO the PRG is for everyday use

AMEX PRG; AMEX EveryDay $14,800; Freedom $6k; Sapphire $7k; IHG Select $5k; Discover $2,400; BofA Better Balance $9,100; Bank Americard $5,900; Citi DC $2,700; Citi Diamond $2,500; BestBuy $20,000; Amazon Prime $5k, United Club $15,000; Home Depot $20,000; Barclays $7,500

Total Credit Limits: $122,650

CerebralZulu · ‎08-01-2018

@The-Credit-Disciple wrote:
PRG is geared more for everyday use? Is it true Charge cards have to be paid in full every month?

Well actually they now have plan it, which allows you to pay over time. Interest starts immediately, so not a good deal.