Originally Posted by
gudugan
If you spend 50k on rent, you aren’t incentivized to do anything else. If you don’t spend anything on rent, the spend fast track to status is exactly the same. The former method is actually harder than the latter method as only dining spend is 3x and rent day doesn’t help anymore. You really need to be spending near the rent cap (100k) to make Gold status easy to reach. I think this is their ideal customer though, someone in NYC spending 8.3k on rent…
Exactly my scenario... if Gold offered some guaranteed tangible benefits then maybe I'd consider it for a half-second. Otherwise 25k is a lot to shift away from other cards with higher rates of return (especially when a large portion of my annual spend).