Originally Posted by gudugan

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 $750, and also get 3x on that or 2,250 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 152,250 Alaska points + $750 is better than 50k Bilt points...
TPG has the most biased valuation since he's a Bilt investor so he would say: 152250*0.0155-750 = $1609.875 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.