Originally Posted by
Polytonic
I think if you're spending a few thousand on a single bottle of wine for one meal, you probably have more money than good sense, and likely other lines of credit you could draw upon to pay for said meal beyond an Amex Gold (or maybe you just have two Amex Golds).
I think that’s a bit judgmental. If they have money, why shouldn’t they spend it on things they enjoy? Some spend on food. Others spend on clothes. Let them spend on whatever brings them joy. And I was purely responding to the earlier post that even wealthy people don’t spend more than $50k on food a year.
Sure they have other cards they can use. But you are missing the whole point. It’s not that they don’t have a card to charge on. The limit of $50k a year on dining will affect people’s earning. Some people like having one card for all dining.