Originally Posted by
Caspavio
i have problems with neither, but if im getting a new account, i might as well get a SUB. even a 60k SUB is about 2 years of rent for me, so beats having bilt. atmos summit is 80k plus i can choose to get 3x for rent at 1cpp. so why would i bother with bilt if their card isnt good?
So after my Bilt card was *ahem* cancelled I got the Summit at 105k. But ignoring the SUB for now...
If I pay $50k of rent on the Summit (the max), I get 150k Alaska Points
I pay a 3% transaction fee or $1500, and also get 3x on that or 4,500 Alaska Points
If I instead open a new Bilt card in February and for the sake of simplicity spend $50k of rent in the year, I would get 50k Bilt points.
I almost think that 154,500 Alaska points + $1500 is better than 50k Bilt points...
TPG has the most biased valuation since he's a Bilt investor so he would say: 154500*0.0155-1500 = $894.75 vs 50000*.022 = $1100
Not to mention that then I would very easily hit the 100k companion certificate from $60k spend and Atmos Gold (OWS) without flying.