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47 comments
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That $200 credit for hotels was a complete waste for me. Maybe you could make a video on how to best make use of it?
๐โโExpand the $200 airfare credit to broad travel, convert saks to something useful like best buy or amazon
๐๏ธโโ๏ธ AYEEEEEEEEEEEEEEE
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I like the AMEX Platinum and Gold cards…I just can't validate the cost to "perks" you get with the platinum. I have the Hilton Aspire…I consider that my "platinum" card. I tend to get more with it than with the other two if I had them. A lot of what the Platinum offers don't really translate to smaller towns. Or to people that don't fly much if at all.
There would have to be huge benefits for me to apply for a Platinum. Unless I lived in an urban setting, I don't see a need to have a "LOOK AT ME" card. IF I were "gifted" one…I might use it…And I doubt that would happen.
The Gold…more appealing (I know that it wasn't discussed). I can absorb the unused "perks" a bit better…just like on the Aspire card. IF I were to apply for one of the higher end ones…the Gold would beat the Platinum out…just because I can pick and choose.
For me, the Aspire is a nice and happy medium. I like Hilton hotels…some may not. Price wise, I feel it is the better value than these two combined with their perks.
Just my opinion.
๐๐พโโ๏ธ๐คผโโ๏ธโน๐ฝโโ๏ธ Helpful comparisons thanks
Hi Sebby, are the 2 free guests airport lounges access changing?
Instacart, Blue Apron and Hello Fresh subscriptions would be cool.
Canโt the equinox credit be applied to buying their clothes? ๐๏ธ
Edit: Amex Plat also lost its value when they are changing The Centurion lounge guest policy to $50/person instead of up to two free guests
Agree, Uber all up front, but also have the digital entertainment apply to the same merchants that qualify for 6% earn on the Blue Cash Preferred.
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The Equinox credit is such a niche credit that only a small amount of people will ever use. They probably have that in there knowing like 5% of users will actually redeem the credit, but they can still include that into the total amount a user will get in credits per year.
Walmart+ is only worth how much you value Paramour Plus.
Sebby Netflix would be a great credit for entertainment. Fits the 19.99 ๐๏ธโโ๏ธ
๐โโ๏ธ Great video Sebby! It would be great if the Equinox credit could be applied towards the Spa! Adding Spotify to the entertainment credit wouldn't be bad either. Also I was just in SF last month and was also blown away when a self driving vehicle pulled up next to me at a light.
Absolutely on YouTube premium!
Too much trouble to own such card anyway
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๐๏ธ I have been an American Express card holder for over 30 years (Green, gold and Platinum) For this particular amex card , tbh, the main reason I signed up was for the Centurion/ priority pass Lounge package which they are about to change and not allow you to have guests without an additional fee. Since I fly weekly this is beneficial to me. The only moderate Saving Grace is the TSA PreCheck / clear pass coverage. And yes, I agree the Uber credit would be far more useful if it was one lump sum because you will often skip a month here or there and lose the credit. More than likely I will cancel my MX Platinum in mid 2023 soon after they cut the lounge access. Chase Sapphire is in the process of opening up their Lounge system and I already have that card as well. I believe the one in China and the one in Phoenix has already opened. That'll be $695 a year that can be put to use elsewhere elsewhere..
The Credit Card Guru. I'm still here. Have a good day!
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Saks credit can be used for online purchases too. There are lots of high quality kitchen items on sale, so you can get a nicer item than you might normally buy. Think knives, kitchen scissors, pans, etc. Also, plenty of sandals on sale for $40-75.
Iโd like to see the Uber credit include international.
๐โโ great video and information!
I agree with you fully on the up front credits, youtube premium (I don't think Netflix will ever play ball), I think for this 695 fee, I need more value on the personal version with much easier use of Airline and hotel credits – ๐
๐๐พ I would like credits for YouTube TV or YouTube premium ๐ฅธ
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I am curious if I use the Amex to get the credit, then changing to another card after I get the $300 for Equinox if that will raise a flag.
I still think the gym membership could be improved to cover more companies. Not everyone uses equinox and I personally use Crunch fitness.
Still skipping it.
Iโd like to see Netflix added and Spotify!
Instead of equinox, just do something similar to the entertainment credit but for wellness like equinox, Tonal or Peloton. All of these brands share similar consumer sets and it just makes sense.
๐๏ธ For Walmart + make sure you sign up in the middle of the month. I signed up 7/1 and got charged again 7/31 for the next month. Walmart customer service said it is charged every 30 days. Both Walmart and Amex didn't want to help me. I canceled and now I'm actually -$13 for the Walmart credit.
I think for first year itโs worth it to try equinox. But most likely after that zero value. But I would still do the 7 months just to say I used the credit. I donโt know about actually using the app
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๐๏ธโโ๏ธ more Centurion lounges would be amazing ๐ฅ
I wish they had a lifetime fitness offer. It's an elite gym membership that's basically the same as equinox so it's up there in lifestyle match. If they did that then I would buy it
๐๏ธWhen in SF, I buy Saks $50 gift cards which donโt expire, and save them up for something โfreeโ..YouTube Premium would be great!
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Uber will make a lot less money if the credit is given as a lump sum.
The monthly credit doesnโt cover a full purchase, meaning every month the users pay Uber extra out of pocket (plus tips to drivers). If this was a lump sum, it would be much easier to pay the whole purchase with it (zero extra out of pocket money for Uber and only one driver tip).
I doubt they will change the format of this credit.
๐๏ธโโ๏ธ imagines Amex partnered with Costco! Gave us a free membership and we were finally able to pay with Amex!!!!
๐๏ธโโ๏ธ ๐
One of the reason for the new Equinox credit is because me (and others!) commented on their latest instagram post with Amex that they give credits to Equinox/Amex guests but NOT to those that have one-gym access only. If more people did this we'd likely get cut in on more deals!! Super happy to see they changed it.
๐โโ๏ธ Maybe add perks to winter season passes, Epic or Ikon?
I think the uber up front would be awesome.
Itโs always great to see lenders paying attention to customer opinions! Iโm always here for credit card updates as long as they benefit the consumer. Iโd love to see them add YouTube premium as a feature on the Platinum card. Then I could finally get it guilt free ๐ Great video Sebby!! ๐๏ธโโ๏ธ