Originally Posted by
mrfussion
You folks got me thinking it’d be a good idea to move some of our largest corporate payables to credit card to capitalize on points and I was hoping for a little guidance. Currently the only points we capture are via an AMEX Platinum for miscellaneous expenditures at approximately $350k annually. I expect to keep this spending as is for simplicity.
We’ve identified approximately $1.7 MM in annual charges from a few key vendors we can easily move from check to AMEX charges. The general consensus seems to be the AMEX SPG card has the best redemption value. Would you recommend the SPG card for this spending? Or put it all on the Platinum? Or other?
In addition, we have approximately $250k in Visa spend with folks who don’t accept AMEX. Our current Visa card is a corporate bank card that gets no points. Aside from the 2 for 1 deal with British Airways, is the redemption value at 1.25 points per dollar spent good? I was looking at the United Airlines/Continental Mastercard too given that neither American Express card seems to have good redemption value for UA/CO. Or is there another Visa or Mastercard you’d recommend to get benefit out of this spending?
I’m based in Los Angeles. Our favorite travel destination is Hawaii. 2nd would be various East Coast destinations. Europe, Asia, and Australia have appeal too if I’m not sitting on the back of the plane to get there or paying $5-10k fares.
Thank you in advance for any recommendations.
I'm a DL person, because they fly out of my town the most. So, I would get (actually I already have), the DL Reserve personal and the DL Plat Biz. Spend $50K on the DL Plat and get 20K MQM's, and spending $60K on the DL Reserve, and get 30K MQM's. Then you're DL Gold before flying. Put those cards away, and everything else that takes Am Ex spend on the Biz Gold MR card. Anything that doesn't take Am Ex spend on the Chase Sapp Preferred Visa. That's the strategy I take.
Get miles and MQM's for the DL cards, then there's no advantage in spending anything over those amounts needed for MQM boosts.
Get MR points that are transferable to most anywhere on the Gold Rewards Am Ex.
Get points to transfer to certain companies for the Chase Sapp Preferred, or use it as 1.25% for travel expenses.