Originally Posted by
yjc281
However, until they also raise the annual fee (which I expect has to happen at some point especially with the inflation from past 3 years) I may keep it just for myself but would drastically reduce my spending on this card.
2-4 lounge visits per year for the cost of 395-100(miles)-240(I value the travel credits with average 20% reduction) = 55 on top of Hertz PC and other benefits is not too bad although significantly worse than what it used to be. It used to be a fantastic deal but now it is just acceptable.
while i generally agree with you, i would not reduce spending on this card for the sake of it. 2x general spending is still the best out there unless you go cashback. furthermore, vx is one of the only few to have no foreign transactions fee, so very useful for overseas spend
also, i wont say c1 gave excessive perks. i think it is more like what emcampbe said, or in my own words, you pay to get into the door
Originally Posted by
emcampbe
not sure nerfing guest access is the right way to do it, and I’m pretty sure C1 isn’t going to have nearly as many to spend at 75K level that Amex can. But I’m just armchair quarterback here.
also worry that the C1 is the first, but not last, to cut PP guest access. I sure hope not. Kind of feel like Amex and Chase will have a harder time at their AF levels to justify guest access guts.
i think vx and amex plat are quite different, at least for now, even though they are both markets as a premium card. amex has a ton of credits and luxury lifestyle focus with its fhr, etc, while vx is 2x everyday spend. so VX can be complementary to amex plat and even csr; travel spend goes to amex, while luxury shopping and taxes goes to vx. but i guess that is for C1 to find out if there will be as many 75k spend. or maybe they will pivot, idk
i also own premium cards from another country, and i have been seeing a lot of lounge nerfing. perhaps pp/dragon pass is increasing the charges (or maybe airlines and hotels are charging more for their points), pressuring banks to either increase AF or cut some benefits. in any case, amex set the precedence by cutting guest access for its own lounge