Thinking about closing my Gold Amex, but don't want to lose MR points
Mar 20, 2015, 9:13 am
#1
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Join Date: Feb 2002
Location: El Paso, TX, USA
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Thinking about closing my Gold Amex, but don't want to lose MR points
I currently have a Gold Amex and a Delta Platinum card.
I used to use my Gold Amex quite often for businesses, but that has changed, and now I only use the Delta card to qualify for the spending and the bonus MQMs
Don't want to lose the MR reward points, but really don't see the need to be paying the annual fee to maintain it
Guess I could transfer the points to Delta and be done with it, but like the flexibility of the MR points.
Would the Amex EveryDaySM Credit Card be the best option to maintain the MR points without an annual fee?
I used to use my Gold Amex quite often for businesses, but that has changed, and now I only use the Delta card to qualify for the spending and the bonus MQMs
Don't want to lose the MR reward points, but really don't see the need to be paying the annual fee to maintain it
Guess I could transfer the points to Delta and be done with it, but like the flexibility of the MR points.
Would the Amex EveryDaySM Credit Card be the best option to maintain the MR points without an annual fee?
Mar 20, 2015, 7:28 pm
#3
Join Date: Oct 2002
Posts: 38
Platinum no longer worth the money. What should I switch to to save reward points?
I have been platinum for years but since AMEX lost so many lounges and I have not been traveling as much I don't see any real benefit for my $450/year. I have over 600,000 points with them. Searching this board I saw a suggestion to get Amex EveryDaySM Credit Card. Is this the consensus best card for me?
Is it a mistake to use the points to pay card bills and not use them for travel or does the value per point turn out the same?
Is it a mistake to use the points to pay card bills and not use them for travel or does the value per point turn out the same?
Mar 20, 2015, 7:46 pm
#4
Join Date: Jan 2013
Programs: All of them, Katie
Posts: 224
The EveryDay card is the only one without an annual fee that allows point transfers, so it is best if you're just interested in keeping your points alive. Make sure you get the EveryDay card BEFORE you cancel your platinum.
Paying card bills is a very low value redemption compared to almost any airline transfer. If you have any use for frequent flier miles, this is generally your best value from the points.
Paying card bills is a very low value redemption compared to almost any airline transfer. If you have any use for frequent flier miles, this is generally your best value from the points.
Mar 20, 2015, 9:06 pm
#5
Join Date: May 2008
Location: PHL (kinda, no airport is really close)
Programs: AA Exp, but not sure for how long. Enterprise Platinum woo-hoo!
Posts: 4,550
Agree with everything the previous poster said.
I have Amex Everyday also. I had earned my points when I was traveling a lot and then gave up Plat, but the Amex Everyday let me make a big points transfer last fall.
You could get $6000 in cash equivalent for your 600K points, but compared to (hypothetically) 4 business class round-trips to Asia, that seems like a bad deal.
I have Amex Everyday also. I had earned my points when I was traveling a lot and then gave up Plat, but the Amex Everyday let me make a big points transfer last fall.
You could get $6000 in cash equivalent for your 600K points, but compared to (hypothetically) 4 business class round-trips to Asia, that seems like a bad deal.
Mar 24, 2015, 6:52 am
#6
Join Date: Sep 2004
Location: Southern Bavaria, Germany
Programs: LH Blue, BA Blue, Hyatt Gold
Posts: 1,517
To add a German-centric view: It's a pity that we don't have a credit card like the Amex EveryDay Card here.
Just use it 20 times per billing period will add a bonus on the Membership reward points. This is great!
As some of you know I am not only a fan of Amex but also of having breakfast.
So I *would* make the >20 transactions alone by eating some tasty
http://www.mcdonalds.de/documents/27...=1398179270000
for breakfast and the corresponding fresh coffee.
Before going to work.
That would deliver me an everyday "revolving" 20 % bonus on MR points accrued.
So having that US Amex is a fine option for you.
Mar 24, 2015, 7:04 am
#7
Join Date: Nov 2014
Location: NYC
Posts: 581
Mar 24, 2015, 7:04 am
#8
Join Date: Sep 2004
Location: Southern Bavaria, Germany
Programs: LH Blue, BA Blue, Hyatt Gold
Posts: 1,517
Mar 24, 2015, 8:14 am
#9
Join Date: Aug 2010
Location: CLT
Programs: AA, UA, BA, Hilton Diamond, Marriott Gold, IHG Platinum
Posts: 2,074
If you're actually going to use the Everyday card for regular spending, consider the Everyday Preferred. $95 annual fee, but it gets a 50% bonus for 30 monthly transactions and has better category bonuses (3x at grocery, 2x at gas). Also a slightly bigger sign up bonus.
Mar 24, 2015, 8:45 am
#10
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It's a 5,000 difference, guess I will go for the one without fee
Mar 24, 2015, 9:38 am
#12
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Mar 24, 2015, 9:43 am
#13
Join Date: Nov 2014
Location: NYC
Posts: 581
Applied for a PRG.
Called in to give my PIN for Experian.
CSR complimented me because I was proactive safeguarding my privacy.
Waited a minute.
Approved.
Applied for the EveryDay.
Called in to give my PIN for Experian.
Sounding like a script with the same words as the previous CSR, I was complimented because I was proactive safeguarding my privacy.
Waited a minute.
Approved.
All done in under 10 minutes. If my Experian wasn't frozen, it might have taken just a minute.
Only one hard pull on Experian.
Mar 24, 2015, 11:35 am
#14
Join Date: Jul 2014
Posts: 126
Mar 24, 2015, 11:48 am
#15
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Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
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I suggest looking in the established thread for infromation about the Everyday cards:
http://www.flyertalk.com/forum/ameri...day-cards.html
However, be aware that some posts do not reliably distinguish between the "Everyday" and "Everyday Preferred" cards.
http://www.flyertalk.com/forum/ameri...day-cards.html
However, be aware that some posts do not reliably distinguish between the "Everyday" and "Everyday Preferred" cards.