Originally Posted by
synzero
You clearly didn't read my post (which is fine, you're under no obligation to do so), but I already changed my valuation of the entertainment credit to $0.
As for Uber you've mentioned multiple times the gift cards are discounted 15% - where? I don't see any easily accessible public offer for that. If you mean a physical gift card then it's useless to me, I'm not going to go out of my way to buy a physical gift card.
As for the post you linked to, he values the Uber credit at $100 because he says he doesn't use Uber that much. He doesn't mention anything about the 15% discount you have mentioned.
He's also wrong that the airline credit is gone: it is staying, so that doesn't factor into his calculation.
I’m just saying that his philosophy makes sense:
“I recommend looking at each of the annual credits and major perks and asking yourself: if I could pay separately for a subscription to this thing, how much would I pay? The answer should never be face value: you would never pay $240 in advance to get $240 in entertainment credits spread out $20 per month, would you? I hope not. You’d only pay in advance if you could get a substantial discount.“
No one would buy a coupon book of $700 credits for $700. It doesn’t make sense to value them at face.
You can buy discounted Uber gift cards everywhere as a few other people here have pointed out. There’s also an Amazon promotion right now offering a 15% discount on up to $10,000 using EATS as the promo code.
Also, no idea where you’re getting that he discounted the Uber eats credit because he doesn’t use it very much. Literally the first sentence in his Uber eats section lol:
”
I use Uber and Uber Eats often enough that I’ll probably use the full $200 in credit each year”
He is discounting the credits due to the prepayment. Paying for something upfront in the market has concrete economic value.
Ie Uber selling gift cards at a discount or Disney+ giving 2 months free if you buy the subscription in advance
Airline credit thing: is was a post on the rumors lol. I think that’s pretty clear from the article?