Originally Posted by
m907
The only people who have Uber/GrubHub bills in the hundreds of thousands are either 1) rich or 2) broke.
Average car payment for a new car - $575
Average car insurance payment in NYC - Probably $125
Average monthly parking in NYC - Probably $400
Monthly unlimited subway card - $175 or so
Five Uber rides a week (late nights, nights out, errands, etc), average ride of $30 a ride - $150 per week, $600 per month
Seems about even to me
Keep in mind, target income for cards like Amex Gold and Amex Platinum are well into six figures; maybe not "rich" but those that can spend hundreds or even thousands on Uber a month and still invest, save, etc. Amex has good insight on its target customers, it must know many of its customers organically spent a lot per month regularly on Grubhub, Uber, Peacock, whatever other monthly credits they introduced the past few years