Great video. I can't believe that more people there didn't have the Gold card as well. I have 2 Platinum cards but I don't use them unless I'm traveling or booking travel. The Gold card earns more points on everyday spending.
Yeah exactly I leave my platinum in my passport case thing since it is useless for non travel spend unless it’s for an expensive electronic item I want the extended warranty protection from or my audible or Walmart plus account bill.
I'm mad at myself for not applying earlier. Being military and being stationed OCONUS my entire career, back and forth from Ny to Alaska and Ny to Korea, i missed out on so many miles. Forever kicking myself. I love the USO but I'm interested in their lounges. Thanks for the content!
I'm in Korea currently and just got the gold, platinum card. Figured using it as a normal debit card I can hit the welcome bonus and that alone will pay for my flight when I'm on leave, and the annual fee is waived! I see no downsides.
@@helourhi Are you army or Air Force? I was stationed there for 36 months. I was at JBER. People in JBER tolerated it. They absolutely LOVED it if they were outdoors people. Everyone at Eielson and Fort Wainwright hated their lives. Crime rate in Anchorage is high as well as STD rate. I talked a lot of smack while I was there, but loved the people and had a good time.
Cool video! Surprised these people don't seem to be maximizing their benefits most. I only ever use my platinum for travel stuff. Have cards for all other categories. Bc 1x for everything else is not good lol.
Agreed - I have Amex Gold and I found the C1 Venture X to be a really good pair. high multiplier for everyday spending with the Gold. 2x points for all other purchases on the Venture X along with all the extra benefits and protections since it’s a Visa Infinite card. And based on how the statement credits work, the Venture X basically pays me to hold on to the card. Plus, my local airport is small with only a priority pass lounge so its all I need 😅
I am an Amex platinum holder at the age of 21 and I am letting you guys know I do NOT hit these averages that was stated at all 😭 that being said, I feel like if you have good credit and pay on time these cards will come to you. I am starting to travel more and my Chase sapphire preferred basically paid for my Hawaii trip last year. I feel like a good mix of travel cards and cashback cards are a good balance. I’m not trying to brag or anything but I feel like if you manage your money well and have good credit then it’ll come to you. My annual income is less than 50k a year because I’m doing school right now 🥲 but I utilize all of the points and rewards such as Uber and membership benefits
if you’re in school and therefore (im assuming, but i may be wrong ofc) youre not traveling a whole lot, why do you have the platinum? seems silly to own without traveling (esp internationally) at least a couple or few times a year. plus all the credits it gives for its hefty annual fee, not really something most students would take advantage of? curious to know, merely curious
Sounds like you are on the right track, I'm more of a Marriott, SW, United guy. But Amex Platinum is a good one card without committing to hotels or airline cards. As somebody who pays approximately $400 for four Chase cards that give me tremendous value,
Don’t fit none of those categories either but just got a gold card and a blue cash everyday 2 weeks shy of my 23rd birthday this year looking into the platinum too eventually when I get out and travel
@@matt-hu7gc Personally speaking, the credits and special statuses that I get from the card make it decidedly worth it, even during periods where I don't travel as much. I mean, the Disney+ bundle? The Walmart+ that also comes with Paramount+ as a side bonus? A free concierge service that can take some planning / work off of you? The credits alone more than make up for the annual fee, and then some with the non-monetary benefits / perks that really sold me on the card.
I have yet to visit a lounge but my Plat pays for itself. I was surprised that more of the people did not talk about the credits that eliminate the cost.
I was definitely confused bt the answers. The platinum card has $1500+ credits available if I remember correct and how they just have the platinum instead of diverisfying to a lot more points.
As someone who flies out of Sky Harbor about once a month, yes the Centurion Lounge is not as good compared to others like JFK, Vegas, it is still the best Lounge on Terminal 4, it's the sole reason I applied for the card. Definitely looking forward to trying the LAX lounge in the future. Great content, how did you get so many people to interview? Just curious on the success rate. This is inspiring me try this format on next Phoenix Centurion Lounge visit 😎
Lmao both me and my roommate have the platinum card and our combine income doesn’t even come close to that. I know three other people that have the card that don’t even make over 6 figures. I know it claims the average but I find that hard to believe. Side note - No one seems like they know how to maximize the Amex trifecta
That's what I told a friend of mine that also has the Platinum that they are using it wrong. For everyday spend, they should use the Blue Business Plus and for lounge access and flights and prepaid hotels their platinum. I use my Green for restaurants, the BBP for everything else including supermarkets and the regular EveryDay for the supermarkets upto $6000 cap and the Cash Magnet on team cash back for everything else.
@@345168 it is wrong. If she’s putting her groceries spend and dining spend on it, she’s using it wrong. Idc about centurion. If she is aspiring to get centurion she’ll get there with “all other” spend organically. Missing out on 3+ points per dollar to get a centurion invite is dumb.
Do some of them have no idea they can get better value from their own bank's credit card with other categories? Consolidating all your purchases on the platinum card alone doesn`t make any sense!
It potentially checks out, 13K/ month is $156,000 a year. It just means that he spends as much money as he makes and is check to check. He could have a business, own properties, or has various forms of debt.
I averaged $10k per month on mine on home repair, travel, and shopping. Points and benefits more than made up for Platinum fees for primary and 3 additional cards.
@@SpacespacepapiPeople confuse income with wealth. Probably business expenses for points and pays himself a salary. I do it. Used to write checks to suppliers. Now I use cards, pay it off as if I was writing a check but get a float and earn points. Business/First to Europe a couple times per year is a nice perk for spending money I was already spending.
Putting all spend on platinum lol. That’s funny. Gold card is every day spend. Platinum for travel. Both pay for themselves in credits if you use them.
Platinum card vanilla isn’t for anyone unless ur a active traveler, its a money fire ditch since not all credit will be used to break even on the AF. Multipliers aren’t helpful at all either.
@@Lawrence_McKnight might take some searching since literally every premium card gets you access. Might be worth waiting until the Sapphire lounges show up?
I'll see what I can do! Only thing is that every Priority Pass holder currently has access Chase Sapphire lounges, so it'd take a little more searching to chat with Sapphire Reserve folks. Perhaps it'll change in the future because I know those lounges get packed as well.
Little disappointed that the title says Centurion cardholders when you only interviewed platinum card members. Not your fault maybe none were in there but would’ve included at least 1 centurion cardholder if mentioning in the title.
The blonde chick has no property and missing out on points putting everything on a Platinum, pair with the Gold or other cards outside of the Travel multipliers.
90% the Blonde married rich and took a real estate class. Probably sold 1 house to her rich husband lmao. Now on the one of those pyramid scheme travel agency businesses 🤣🤣🤣
@@stevenp25100 he lost me at spending $13k/month with $150k in income. He’s obviously full of crap. At best he’s making 120-130 and thats O3 with 8 years with dependents in LA. His business is real estate rental with a partner, most of those “profits” are likely stuck in equity and doubt he’d be cash flowing the difference to make up the gap in his claimed income.
@@stevenp25100 based on his stated age you can figure his approximate commission date. There’s minimum time in grade before he’s eligible for promotion, so I doubt he’d already had made O4. But even if he did, it still wouldn’t add up.
Interesting that most people mainly mention the lounges, not mentioning the restaurants credit, the health insurance/cover, and all the other insurance benefits attached to the platinum card. I have an Italian platinum card, cost is 720 euro/year ( 60 euro/month ), I do a decent amount of traveling but not mad, considering the 300 euro worth of restaurants and the 150 euro travel voucher every year, the cost of the card really is 270 euro per year. Nothing for all the benefits included. Amex platinum is not just for rich people, I have a standard salary, but the Amex platinum works for me because of maximizing the benefits. Also Amex charge cards must be paid at the end of every month, this trains you to have better spending habits.
I think he was including his housing stipend. Because officers in the military don’t really make that much money, even as a nurse. As an O1 he only makes about $65,000 a year. They don’t start making “real money“ until they’re about a captain. Judging by his appearance I really doubt he’s that far into his military career
@@gamesgeargadgetsif he was a Travel nurse, they were doing well over 10k a month during the pandemic and after , but yes same question here wtf are you spending 13k a month on and it’s not Bussines ?
Wait, the guy says he is spending 300K USD(?) a month but he is not worth even four million USD? That dose not make any economic sense even if he is spending the company's money🤔 Mining, events, government bribes excluded...
Most of these people have no idea what they are doing. This is in no way a reflection about them but it makes me feel good I’m maxing out my benefits. 😅
You keep emphasizing $695, but the card has more than $600 in annual credits. So the effective fee is not $695. Plus the average income for Platinum card is above $1.3M, go figure.
Please stop saying “ay-mex”. It’s pronounced “am-ex” as in American Express. You wouldn’t say Ay-Mercia unless you’re from Texas. Love your content though. Very informative credit card info and reviews.
Lady at 4:20 has no idea what she is talking about and I’m 100% sure the card is her husbands or someone else’s. Use platinum for everything for the points ? haha yeah your 1X is helpful !
Hmm, the first guy is US military, spends $13,000/month and makes $150,000 as a nurse? Anyone else have trouble with that math?
I think a few fibs were told.
Great video. I can't believe that more people there didn't have the Gold card as well. I have 2 Platinum cards but I don't use them unless I'm traveling or booking travel. The Gold card earns more points on everyday spending.
Thanks, and definitely agreed. The Gold and Platinum together are a nice duo across spending categories
Why 2 platinum cards?
@@420terrence not sure but probably one for business and one personal
Yeah exactly I leave my platinum in my passport case thing since it is useless for non travel spend unless it’s for an expensive electronic item I want the extended warranty protection from or my audible or Walmart plus account bill.
@@420terrence regular version and Charles Schwab version. I'm cancelling the Regular when the annual fee hits again
The first guy spends 13k/month but says he probably makes over 150k??? So he spends more than he makes. Got it.
Legit thought the same thing
If he's military, his taxable income is way less than actual earning. Also, he said he has a business. So could be business expenses.
He’s likely military reserve and if he’s a travel nurse they can expense a ton that goes into spend.
Agreed with others here, his 13k expense doesn’t have to math up to us the viewers in this one video. He could be spending for someone else as well
Business expenses
People are very comfortable talking to you and I enjoyed all their stories.
First guy spends 13k a month with income of 150k annual. Hmm...
I'm mad at myself for not applying earlier. Being military and being stationed OCONUS my entire career, back and forth from Ny to Alaska and Ny to Korea, i missed out on so many miles. Forever kicking myself. I love the USO but I'm interested in their lounges.
Thanks for the content!
Don't forget also having the AF waived
I'm in Korea currently and just got the gold, platinum card. Figured using it as a normal debit card I can hit the welcome bonus and that alone will pay for my flight when I'm on leave, and the annual fee is waived! I see no downsides.
@@hunternobles6635 I’ll be leaving Korea soon and also traveling to Europe. Hit the welcome bonus in less than a month.! 🤗
do you think deploying to alaska is good? is it hard? how is it there?
@@helourhi Are you army or Air Force? I was stationed there for 36 months. I was at JBER. People in JBER tolerated it. They absolutely LOVED it if they were outdoors people. Everyone at Eielson and Fort Wainwright hated their lives. Crime rate in Anchorage is high as well as STD rate. I talked a lot of smack while I was there, but loved the people and had a good time.
Cool video! Surprised these people don't seem to be maximizing their benefits most. I only ever use my platinum for travel stuff. Have cards for all other categories. Bc 1x for everything else is not good lol.
Agreed - I have Amex Gold and I found the C1 Venture X to be a really good pair.
high multiplier for everyday spending with the Gold. 2x points for all other purchases on the Venture X along with all the extra benefits and protections since it’s a Visa Infinite card. And based on how the statement credits work, the Venture X basically pays me to hold on to the card. Plus, my local airport is small with only a priority pass lounge so its all I need 😅
You should do this again same questions, quite interesting tbh!
🤝🤝
The last two men had the best stories and the best use cases for their Amex products.
I am an Amex platinum holder at the age of 21 and I am letting you guys know I do NOT hit these averages that was stated at all 😭 that being said, I feel like if you have good credit and pay on time these cards will come to you. I am starting to travel more and my Chase sapphire preferred basically paid for my Hawaii trip last year. I feel like a good mix of travel cards and cashback cards are a good balance. I’m not trying to brag or anything but I feel like if you manage your money well and have good credit then it’ll come to you. My annual income is less than 50k a year because I’m doing school right now 🥲 but I utilize all of the points and rewards such as Uber and membership benefits
Wow!
if you’re in school and therefore (im assuming, but i may be wrong ofc) youre not traveling a whole lot, why do you have the platinum? seems silly to own without traveling (esp internationally) at least a couple or few times a year. plus all the credits it gives for its hefty annual fee, not really something most students would take advantage of? curious to know, merely curious
Sounds like you are on the right track, I'm more of a Marriott, SW, United guy. But Amex Platinum is a good one card without committing to hotels or airline cards. As somebody who pays approximately $400 for four Chase cards that give me tremendous value,
Don’t fit none of those categories either but just got a gold card and a blue cash everyday 2 weeks shy of my 23rd birthday this year looking into the platinum too eventually when I get out and travel
@@matt-hu7gc Personally speaking, the credits and special statuses that I get from the card make it decidedly worth it, even during periods where I don't travel as much. I mean, the Disney+ bundle? The Walmart+ that also comes with Paramount+ as a side bonus? A free concierge service that can take some planning / work off of you? The credits alone more than make up for the annual fee, and then some with the non-monetary benefits / perks that really sold me on the card.
Platinum is for travel and big purchase. Gold and other cards is for everyday spending
Even then though the green covers so much more of travel expenses. Gold, green, and the hilton surpass for priority pass. That is my set up.
@@dnippleas of Oct 19th 2023 no more priority pass for surpass!
Yea and price went up to $150.
keep the momentum,,, best card I have just cause it gets you in the room with the right convos and amazing food
If you're truly savvy, you're going to be churning and putting expenses on a visa/mastercard. Keep the platinum for lounge access and travel benefits.
I have yet to visit a lounge but my Plat pays for itself. I was surprised that more of the people did not talk about the credits that eliminate the cost.
I was definitely confused bt the answers. The platinum card has $1500+ credits available if I remember correct and how they just have the platinum instead of diverisfying to a lot more points.
As someone who flies out of Sky Harbor about once a month, yes the Centurion Lounge is not as good compared to others like JFK, Vegas, it is still the best Lounge on Terminal 4, it's the sole reason I applied for the card. Definitely looking forward to trying the LAX lounge in the future.
Great content, how did you get so many people to interview? Just curious on the success rate. This is inspiring me try this format on next Phoenix Centurion Lounge visit 😎
Lmao both me and my roommate have the platinum card and our combine income doesn’t even come close to that. I know three other people that have the card that don’t even make over 6 figures. I know it claims the average but I find that hard to believe. Side note - No one seems like they know how to maximize the Amex trifecta
This video was great! You did an excellent job and asked great questions. Thank you!
Thanks, I'm glad you enjoyed it!
The blonde lady is using the Platinum card wrong if she’s putting all spend on it 🤣
First thing I thought lol.
That's what I told a friend of mine that also has the Platinum that they are using it wrong. For everyday spend, they should use the Blue Business Plus and for lounge access and flights and prepaid hotels their platinum. I use my Green for restaurants, the BBP for everything else including supermarkets and the regular EveryDay for the supermarkets upto $6000 cap and the Cash Magnet on team cash back for everything else.
Only way to get invited to centurion, so its not objectively wrong.
@@345168 no all you need is to get approved for a platinum card dummy, you don’t need to be “invited”
@@345168 it is wrong. If she’s putting her groceries spend and dining spend on it, she’s using it wrong. Idc about centurion. If she is aspiring to get centurion she’ll get there with “all other” spend organically. Missing out on 3+ points per dollar to get a centurion invite is dumb.
Do some of them have no idea they can get better value from their own bank's credit card with other categories? Consolidating all your purchases on the platinum card alone doesn`t make any sense!
Spending $13k/mo on an income of $150k riiiiiiight
It potentially checks out, 13K/ month is $156,000 a year. It just means that he spends as much money as he makes and is check to check. He could have a business, own properties, or has various forms of debt.
@@Spacespacepapi much more likely he has no clue how much he spends. also didn't account for taxes.
I averaged $10k per month on mine on home repair, travel, and shopping. Points and benefits more than made up for Platinum fees for primary and 3 additional cards.
@@SpacespacepapiPeople confuse income with wealth. Probably business expenses for points and pays himself a salary. I do it. Used to write checks to suppliers. Now I use cards, pay it off as if I was writing a check but get a float and earn points. Business/First to Europe a couple times per year is a nice perk for spending money I was already spending.
Really commenting for engagement on your video, but you do great work and I hope that you continue to grow and thrive here.
I appreciate it!!
Up here in Canada, I have the Cobalt and Platinum cards. Cobalt is the major points getter, better than the Gold.
80% of merchants I been to overseas outright refuse to accept Amex, I only use it when I'm in the US & use chase sapphire everywhere else.
I had no problem in Peru.
80% is high. I’ve never had issues using my platinum AMEX abroad.
This was great work man - good job and keep it up Professor Oak - dope video 😁😁🔥🔥
first dude throwing shade at the phx lounge 😂
Putting all spend on platinum lol. That’s funny. Gold card is every day spend. Platinum for travel. Both pay for themselves in credits if you use them.
Solid work man
Thanks man
Platinum card vanilla isn’t for anyone unless ur a active traveler, its a money fire ditch since not all credit will be used to break even on the AF. Multipliers aren’t helpful at all either.
Awesome!! Can you do a similar version for the Chase Sapphire Reserve?
Where would you find a large group of people with that card in a single location?
Hmmmm. Maybe the Priority Pass Lounge.
@@Lawrence_McKnight might take some searching since literally every premium card gets you access. Might be worth waiting until the Sapphire lounges show up?
I'll see what I can do! Only thing is that every Priority Pass holder currently has access Chase Sapphire lounges, so it'd take a little more searching to chat with Sapphire Reserve folks. Perhaps it'll change in the future because I know those lounges get packed as well.
Love this type of videos!
Little disappointed that the title says Centurion cardholders when you only interviewed platinum card members. Not your fault maybe none were in there but would’ve included at least 1 centurion cardholder if mentioning in the title.
I love the Centurion lounge!!! It’s worth every Penny!
It's definitely one of my favorite things about the Platinum as well!
The blonde chick has no property and missing out on points putting everything on a Platinum, pair with the Gold or other cards outside of the Travel multipliers.
"Quaility of lounges have gone down." Says the guy in the hoodie and a baseball hat
Hmm I was hoping you’d run into one black card member.
I'd think people are private. What percentage said no they don't want to get interviewed? Interesting content. 🙂
I like your choice of questions
Property much easier when you can use VA loan and get moved by the military.
Lol … many of these people were clueless about the cards. Unless your trying max out spend for an offer there is never any reason use the plat.
Great Vid
Good work!
Thanks man!
First 2 people are the reason Amex needs to make it way harder to get the platinum.
Very cool video!
Thanks fam!
90% the Blonde married rich and took a real estate class. Probably sold 1 house to her rich husband lmao. Now on the one of those pyramid scheme travel agency businesses 🤣🤣🤣
Yes just lying her way through that interview🤣" how many properties do you own? ... secret"
Who else in here doesn't believe the Blomde lady. Here answers sound shakey! SECRET! Lmao
That nurse is not making that much on active duty pay.
Officer? Base plus allowances in LA? Probably close. Plus he said he had a business
@@stevenp25100 he lost me at spending $13k/month with $150k in income. He’s obviously full of crap. At best he’s making 120-130 and thats O3 with 8 years with dependents in LA. His business is real estate rental with a partner, most of those “profits” are likely stuck in equity and doubt he’d be cash flowing the difference to make up the gap in his claimed income.
@@ChrisEckman wow, you know his rank, time in service and business 🤣🤣🤣..
Based on absolutely nothing.
@@stevenp25100 based on his stated age you can figure his approximate commission date. There’s minimum time in grade before he’s eligible for promotion, so I doubt he’d already had made O4. But even if he did, it still wouldn’t add up.
@@ChrisEckman not really, regardless, commission date doesn't determine time in service. Good chance he's prior enlisted.
How is he getting the fees waived he’s obviously not AD making $150k/year
Interesting that most people mainly mention the lounges, not mentioning the restaurants credit, the health insurance/cover, and all the other insurance benefits attached to the platinum card. I have an Italian platinum card, cost is 720 euro/year ( 60 euro/month ), I do a decent amount of traveling but not mad, considering the 300 euro worth of restaurants and the 150 euro travel voucher every year, the cost of the card really is 270 euro per year. Nothing for all the benefits included. Amex platinum is not just for rich people, I have a standard salary, but the Amex platinum works for me because of maximizing the benefits. Also Amex charge cards must be paid at the end of every month, this trains you to have better spending habits.
Lol you would be underwhelmed if you asked me. I'm just in the military, our household income is about 50k.
First guy spending 13k per month on 150k per year?
Business expenses
More interview videos!!!!
Yeah!!
RN spends 13k a month and makes "probably over 150k"....yikes.
I think he was including his housing stipend. Because officers in the military don’t really make that much money, even as a nurse. As an O1 he only makes about $65,000 a year. They don’t start making “real money“ until they’re about a captain. Judging by his appearance I really doubt he’s that far into his military career
he prob meant $1,300. i see people make this mistake a lot. they mean to say hundred but they say thousand instead.
bro i’m dead the spanish speaking guy didn’t even know what he said lmfaoo
1:57 wtf is he spending 13k a month on ? 😭
I stopped listening when he said he wished he read rich dad poor dad a little sooner
Do they waive the fee for government employees?
As of right now, the fee is only waived for active duty military folks and their spouses
That first kid must be in serious debt, he said he spends 13k a month but only makes 150k a year?
I think he lied about both numbers.
He’s also active duty military? How much does a nurse in the military make?
@@gamesgeargadgetsif he was a Travel nurse, they were doing well over 10k a month during the pandemic and after , but yes same question here wtf are you spending 13k a month on and it’s not Bussines ?
Wait, the guy says he is spending 300K USD(?) a month but he is not worth even four million USD? That dose not make any economic sense even if he is spending the company's money🤔 Mining, events, government bribes excluded...
The other guy, spending 10K a month, that is more realistic....
@Paul Felkner that's because he's a photographer so he's spending the card on travel and equipment
Dude only makes $150k a year and spends $13k a month. Who taught these millennials economics?!?!😂😂😂
Most of these people have no idea what they are doing. This is in no way a reflection about them but it makes me feel good I’m maxing out my benefits. 😅
Putting all your spend on the Platinum card 🤦♂️
Dozens of videos explaining to put it on a gold card and keep the platinum for benefits 🤣🤣🤣🤣
Amex (where the A sounds like the A in "dad")
Not "Ay-Mex"
Otherwise...great video!
300k - 500k spending but his net worth is no where near 4 million lmao
You keep emphasizing $695, but the card has more than $600 in annual credits. So the effective fee is not $695. Plus the average income for Platinum card is above $1.3M, go figure.
I have this card and my household income is nowhere near 450k. I have 6 houses though but still low-key poor lol
Please stop saying “ay-mex”. It’s pronounced “am-ex” as in American Express. You wouldn’t say Ay-Mercia unless you’re from Texas. Love your content though. Very informative credit card info and reviews.
What happened with that mic drop!? Disappointing
Isn't it "AM-EX" not "A-Mex"?
Piper lol 😂
I got this card when I was 23 you don’t have to be super rich just have really great credit which is not that hard if you’re diligent
Lots of random giggles from the interviewer lol
“Paying for my moms retirement” … sheesh he’s Fs investing…
Amazing how many Platinum card holders are actually clueless about points and miles and what their card actually offers them. Status seekers.
Now ain't that the truth
How tf you in military and make 150k a year, he must be an officer. I’m enlisted and make 40 k a year and I got accepted by Amex plat
A nurse would automatically become an officer for that position
aymerica
💀💀💀
Hey guys, if you need referrals I currently have 90k bonus for my gold one. Lemme know and we can both get points! 😅
Leta be honest, you dont have to have six figures to use this card
WHOA… waived for military???
yes
Lady at 4:20 has no idea what she is talking about and I’m 100% sure the card is her husbands or someone else’s. Use platinum for everything for the points ? haha yeah your 1X is helpful !
Wait you make 150k and spend 13k monthly lol
Lots of bad advise 🤣🤣
First dude's watch is fake asf
blonde lady has no property and she needs a gold card.
French guy was full of crap lol
Piper (pipe_her ) is a fitting name for old girl
Nice content. And he’s cute too! ❤
I’m an Amazon warehouse worker 🧍🏽♂️
Nice
You complain for 695 a year? 😂. In Mexico the anual fee is usd1000 + tax (less benefits). The Gold Card is 450 + tax