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In this video we look at 10 American Express card hacks that you need to know. From how to pool points, to getting the best value for the points and how to get huge credit limit increases.
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46 comments
It's 3000 points at Rakuten not 30k.
Very important to mention that with the Amex Platinum, you can add up to 3 authorized users for the same $175. Not $175 per person
Make sure you mention gift cards as some redeem at a rate of 1 cent per point
Great tip about the Everyday Preferred 🏆
….or you could just make someone an authorized user on the platinum
Asians are the best. Congrats
Can you do a video for points on gas
Ben, I fucked up today. I accepted the offer Amex put down to enroll in their Centurion card based on spending with the company card. Fuck I don't have the $10k and I don't know if I can funnel it through my company. How do I survive? I only signed up because of your recommendation of earning points and now I have 4.5 million membership points, but I am afraid to go wild and start spending. Thank you so much and please respond!
You can also add a Gold AU to the platinum for free (it's not a 4x food gold card, but it accomplishes the AU for transferring points to their loyalty account without applying for a new card)
I love your channel! I would like some more hacks.
What else are family members good for but points?
I’ve had the BCP for 3 months, so I called for the limit increase. You’re able to ask for an increase after 180 days… not 60!
For the EDP (EveryDay Preferred), I think the additional .5% doesn’t add up unless you value the Uber credit of the gold at 50% of face value or less. And since the EDP doesn’t have any credits, I would say it’s safe to assume that the effective annual fee is also $95. For simplicity’s sake, let’s just assume that one MR point is one cent per point. If you value the credits for the Gold at full face value, since the EDP earns 3%/4.5% for 6k of groceries a year, you would earn 6000*0.045-95=$175 worth of points for the EDP. With the gold, with a $10 EAF, you earn 6000*0.045-10=$260 worth of points. Where the EDP could earn you a little more points would be if you value the Gold Uber credits at 50% face value or less. Then for the EDP, it’s the same $175 worth of points, and for the gold it would be 6000*0.045-70=$170 worth of points. So basically you should only really be using only the EDP for groceries if you spend $6000 or less on groceries per year, and if you value the Gold Uber credits at 50% or less of face value. But at exactly 50% face value, you are only earning 500 more MR points, which isn’t a ton. In comparison, for the gold, the 4% on groceries is up to 25k.
10 more👍🏾
Amex has been giving me popups for the Everyday since I got my Gold card lol. They must have known that I plan to cancel my gold as soon as I finish first year
So I have the delta card (regular one) and I’ve had it for a year now would it be better for my to upgrade to the platinum delta card or just request a credit increase?
I've watched like 100 of your videos….
Your name is Ben??!!?
You mean $30 or 3000 points not 30k points on Rakuten!,
My family and I (4 total) will be traveling through Miami (MIA) and have a 4-5 hour to kill and flying American. So I am trying to find the best card and lounge to use while there. Thank you for the help.
Yes, more hacks! Lol love the content.
This was great! Please share more hacks!
Such a great video!
Ways to satuts match to hotel in vegas to cancel out resort fees with amex
6:06 are u sure its 30k points? Should it be 3k points, not 30k points. $30 = 3000 points only no?
I’ve been looking for this! 👍🏻
Best video yet
this is a great time to apply for the green card if the gold isn't your cup of tea, i just got it and the resy offer will be great for the first year!
After 60 days requesting Credit increase isn't true. I requested and they told me I had to wait 6 months.
Awesome!
Question: Is a Secured line of credit the same as a non secured line of credit… Example: If I have a secured line of credit for $3000 and amex card requires a line of credit of $3000, would amex except the secured line of credit?
if there is no limit, how does my utilization get calculated?
the increase is after 3 months in the UK
Great video Ben. I didn't know about the offers through Resy! I'll use that when I go for the platinum or the gold later on.
Ten more!
MORE TIPS! MORE TIPS! MORE TIPS!
Uhhh since when do you own a Centurion? Nice 🔥
Yes…. Please provide more hacks!!!
More hacks please, how to use ritz $300 incidental credit, hahaha
Didn't see the video shown on the end card.
that music in the background is annoying. too much stuff going on
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Guys the name above 👆🏼fixed my credit in a very short period of time, if you require help I highly recommend them
These were really helpful. Thanks.. 😀
Is the national car rental emerald status only good for one year or is it permanent when you get the platinum?
Would any of these work with my Optima Card?
Instead of adding an authorized user (player 2) to transfer to their loyalty program accounts, using the everyday card, use the Blue Business Plus so you don’t mess with player 2’s 5/24 status.