Originally Posted by
MikeBOS
If you charge a reasonable amount (a few thousand a month), the $65 is a drop in the bucket compared with the value of the points, when wisely used. The value per dollar spent is far ahead of any other reward cards -- I disagree that the fee is high, in fact I think it represents great value compared to the alternatives.
No question about it! I just completed a 5 night stay at a cat 5 property for 48000 points that would have cost me about $2000 had I paid for it. 48000 points is about 18 months spend for me on the Amex, so the roughly $100 in fees that cover those 18 months really is a small price to pay.