Word on the street is that the “ new Amex Gold Card is the CSR killer.” The Amex Gold card earns 4X at US Restaurants and US Supermarkets (up to $25,000/year), which is competitive to the 3X spending multiplier on dining from the Chase Sapphire Reserve.
We created a calculator to get to the bottom of this. Should you get the new Amex Gold or a Chase Sapphire card?
Amex Gold Card vs. Chase Sapphire Cards
Ask Sebby crunches the numbers for you to calculate the Expected Value of the Amex Gold Card and the Chase Sapphire cards. For the expected value of points, we calculate the approximate dollar value based on the numbers you enter in the calculator.
How to use the calculator:
Access the calculator here: http://bit.ly/2P1dT2D
File -> “Copy” or “Save As” to make a copy for yourself
Only input values in the YELLOW cells. The other cells have formulas in them, and messing with the formulas can corrupt the calculations.
Watch the video below for a walk through of the calculator:
Apple and Goldman Sachs will partner to create a new iPhone-connected credit card set to launch later this year. According to the WSJ, the card will integrate with the iPhone to track spending, points, and help with budget management.
American Airlines recently updated the merchant coding on their end to reflect gift card purchases; these purchases no longer generate the airline incidental fee credit.
“What’s In My Wallet?” is a monthly series on the cards I have in my card rotation for the month. The cards vary depending on if I open a new card or if I’m trying to optimize for 5x categories.
The new dynamic pricing for the Marriott Bonvoy program takes effect on March 5, 2019. If you have the points, I strongly recommend booking your stays now before the changes take place.
How to maximize the Amex Platinum benefits: Uber credits, Saks credits, airline fees, airport lounge access, Amex Platinum Concierge, return protection, extended warranty, and purchase protection.
Booking a flight with the right credit card can make or break a trip, especially if unexpected delays happen. Missed connections or canceled flights can leave a hole in your wallet, and some airlines will only provide food vouchers and overnight accommodations if the delay with within their control.
There’s a misconception going around that the Amex Platinum card earns 5x on ALL hotel stays. To clarify, the Amex Platinum only earns 5x points when you book hotel nights through amextravel.com or the Fine Hotels and Resorts Collection (FHR).
Roundup of deals: Chase Pay offers, Bank of America Free Museum Weekend, and more.
American Express recently sent out Form 1099-MISC to cardmembers who had referrals in 2018. In the past, cardholders did not receive forms for referrals, so this might come as an unfortunate surprise.
Marriott recently announced the upcoming changes to their loyalty program, Bonvoy. There’s a lot of information to digest like rebranding cards, new cards, status, and key dates.
Editorial Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
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