CSP and Amex platinum are not worth it unless they are only used for travel. Many, including myself, don't spend this way. So 2X on everything is far better than the CSP junk. I am churning AP and will close it this summer.
Originally Posted by
WasKnown
As surprising as it may be to people in the points and miles game, the active account figures for the Venture X are not satisfactory. Capital One is not very good at underwriting prime and super prime customers and is even worse at figuring out how to monetize them. I’m not too impressed with their attempt to convert select users to charge cards in an attempt (presumably) to drive more interchange revenue. Time will tell if this proves to be a winning strategy. Methinks the answer is no.
What Chase has accomplished with the Sapphire cards (particularly the CSP in recent years) is nothing short of incredible. I don’t expect them to lead the charge for anything because they simply do not have to.
Amex is definitely playing a different game from every other issuer (though we are seeing some convergence). The real winner is Visa, who has been crushing analyst expectations earnings season after earnings season. During the great Meta capitulation, Visa market cap even flipped meta to become a top 10 company by market cap.