Originally Posted by
Uzzar
Wells Fargo has a 2% cash back card. Assuming the 2-4 flight per year person has spent 400k to get those LPs, I would argue the $8k would do much more than EXP status. Yes I know you can do fake hotel bookings, etc to get more LPs, but OP is not a frequent traveler so that would not make sense either.
It's not just the status - I also use the miles, since I pay for my travel out of pocket.
I really have no use for some of the LP perks. I've used the awards for day passes to the lounge or cash vouchers which I can then use to pay for tickets.. I've looked into just using a cash back card - at one time I used them until the bank put a limit on how much cash you could actually get back per year - this was about 30 years ago. Don't know if that still is restricted. At that point I switched to AAdvantage Mastercard. LGA and JFK are a real pain for me to get to, EWR and PHL only slightly less so. ABE is the regional airport near me and AA is about the only airline there with worldwide coverage.
Cash back spent on tickets ends up costing more than using miles, from what I've seen, unless that's changed in the last few years. I use the miles on business and first class flights to Europe or Asia.
That will all come to an end when I retire and no longer use the card to pay for all my business purchases.