Amex platinum 75k points offer, what’s the catch?

Dropbox / Eng
DrakeAubry

Dropbox Eng

PRE
Dropbox
DrakeAubrymore
Jul 21 38 Comments

From my research, the points can be used as flight credits which is worth 1 cent per point. So about $750 of value.

In the first year, the cost for me would be roughly $550 AF + $100 ($5000 minimum spend that I could have gotten 2% cash back using another card).

So it still sounds worth it even if I don’t utilize any of the perks?

comments

Want to comment? LOG IN or SIGN UP
TOP 38 Comments
  • Lyft / Eng n00b0
    Chase sapphire preferred is a better one if you want a bonus. 60000 ($600) points for 4k spend. 1.25x value if redeemed for travel. $95 annual fee.
    Jul 21 25
    • Credit Karma Spidey🕸
      @oracle I am looking at dumb people like you here who read my messages in English and then reply someone that they don't know English, advises to rate apps on Yelp and BBB, watch them loose out their mind.
      My English is lot better than yours but whining about English also shows your low level thinking where English means intelligence for you. As if Chinese or Japanese are not intelligent!? Lol
      Basically, I am here to meet future Albertsons employees like you. But I think Oracle is on par with Albertsons already looking at you so you can stop worrying about leveling up
      Jul 24
    • Oracle ohjungbum
      None of this flatulence distracts from the fact that you know Jack about credit cards and that you're illiterate. Go to esl before you go to Blind.
      Jul 24
    • Credit Karma / Data
      SrfrBoi69

      Credit Karma Data

      PRE
      Google
      SrfrBoi69more
      We look forward to your negative review.
      Jul 24
    • Credit Karma Spidey🕸
      @oracle - blocking you and you can keep replying. Just wanted to wish you good luck on your journey to Albertsons (But I am optimistic you won't need to switch, looking at you and your colleagues, Oracle itself is on path to Albertsons)
      Jul 24
    • Oracle ohjungbum
      Credit cards, too complicated for CK and its hare brained "employees"
      Jul 24
  • Microsoft / Mgmt Dunph
    1cpp is a horrible use of amex points. Try to redeem for 2cpp+ by transferring to airlines
    Jul 21 0
  • Apple powerlines
    Why go for these annual fees cards? Just coz you get 25% more value for points (on preferred for example). But in the first place, its giving 33% less cash back points on travel as compared to best card in that category eg: uber visa gives 3% on travel.
    I go horses for courses route, 5 credit cards for different purposes yields 3.5 averaged cash back
    5% for amazon, 5% whole foods, 4% restaurants & costco & gas etc
    Jul 22 4
    • Oracle
      sweet2xRSU

      Oracle

      PRE
      Amazon, Microsoft, Google, Facebook
      BIO
      OCI future is cloudy
      sweet2xRSUmore
      Who does 4% restaurant?
      Jul 22
    • Nextdoor YM2345U
      Uber credit card
      Jul 22
    • Oracle
      sweet2xRSU

      Oracle

      PRE
      Amazon, Microsoft, Google, Facebook
      BIO
      OCI future is cloudy
      sweet2xRSUmore
      Thanks i might have found my next card
      Jul 22
    • Microsoft / Eng wave 🏄‍♂️
      Chase Sapphire Reserve does 4.5% for travel and dining (when redeemed for travel). Amex Blue Cash Preferred gives you 6% on Amazon (buy gift cards at grocery stores). Chase Freedom gives 7.5% on gas / Amazon / etc - in 5% rotating categories with points transferred to Reserve.
      Jul 22
  • New / Strategy
    Porsche996

    New Strategy

    BIO
    MIT BS MechE, Stanford GSB
    Porsche996more
    Amex Platinum is extremely devalued and not worth looking anymore unless you're a Centurion fanboy.
    Jul 21 2
    • Google justanhombre
      What do you mean by devalued?
      Jul 21
    • Google UODHG
      Bill. If you travel it's a godsend. The centurion lounge is the best by far. The customer service amazing. Extended warranty perk great.

      5% points on travel/ hotel.great.

      And if you book certain hotels they give you 50$-100$ per stay back in cash.
      Jul 21
  • GoDaddy Ofj47e
    Don't get Amex plat yet. Wait for 100k offer
    Jul 22 0
  • Facebook public2
    There is no catch, churning is great as long as you never pay fees.
    Jul 21 0
  • Pandora sad🐼
    I have been using chase sapphire reserve since 2 years now and I love it. I used Amex platinum business card for 1.5 years but closed it later. I would take chase sapphire reserve any day
    Jul 21 0