Replace 97% of Amex Cards With These 4 Credit Cards

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  • Опубліковано 14 гру 2024

КОМЕНТАРІ • 101

  • @MarkReese
    @MarkReese  3 дні тому +2

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  • @tarrius1210
    @tarrius1210 3 дні тому +22

    Pro tip 📝 You can book your flights through the travel portal, then contact the airline to add your itinerary to your membership. 3rd party airline bookings count as PAID flights, but you can’t do it with hotels for status.

    • @aaront936
      @aaront936 3 дні тому +9

      Pro tip you can add your membership # through your portal profile and its add with booking. You cam also apply your tsa precheck #

    • @Sayfrostyy
      @Sayfrostyy 2 дні тому +1

      When I traveled with my companies travel agent through concurs travel portal I'd call Hilton to add the booking # to my hilton honors account and got credit plus a few upgrades when I arrived at the hotel. It was during covid so I was 1 of very few travelers

    • @MarkReese
      @MarkReese  2 дні тому +1

      Nice! Many portals also allow you to add your loyalty # during the booking process.

    • @TheTravelingHatter
      @TheTravelingHatter День тому

      Excellent point 👍🏽

  • @trmcmann82
    @trmcmann82 День тому +4

    I feel the same. AMEX used to be seen as exclusive or as the top credit card brand. Now, there's just not much value in their cards. How would you revamp some of their cards to revitalize them?

  • @StrongEnough78
    @StrongEnough78 3 дні тому +6

    One thing I do like about my Amex Gold, is getting a free room upgrade and $100 credit with select hotels just for having the card. Then using my Green card to pay for the room to get the 3x points. Did this for a trip to Los Angeles over Memorial weekend.

    • @newagain9964
      @newagain9964 День тому

      Enjoy it while it last. Cause technically ur supposed to pay for stay with gold if getting the benefit.

  • @UTubeVidWatcher
    @UTubeVidWatcher 3 дні тому +4

    The Amex Trifecta allows my points to be pooled together. I can’t combine Sapphire Reserve card points with Savor card points with Autograph card points, with Active Cash card points.

    • @MarkReese
      @MarkReese  2 дні тому +1

      That's right, and definitely worth considering 👍 For those playing the travel game on a bigger scale, they could indirectly combine points from different issuers via common transfer partners.

  • @naveenthemachine
    @naveenthemachine 3 дні тому +7

    I think Amex has the non travel category taken care of well
    Good examples of this are the BCE and BCP

  • @curmudgeonextraordinaire1884
    @curmudgeonextraordinaire1884 3 дні тому +6

    You missed the 3% on dining with the CSR.

    • @naveenthemachine
      @naveenthemachine 3 дні тому +3

      You also get 3x on dining with the freedom flex and unlimited
      And you get 3x on the WF autograph. And these three don’t have annual fees

    • @MarkReese
      @MarkReese  2 дні тому +2

      I sure did 😂

  • @lhattend
    @lhattend День тому +2

    Mark what about a review of the new US Bank Smartly Visa Signature cash back card? 2% cash back with up to 4% with $100k+ in deposits including investment accounts. Seems unmatched in the industry at the top level! No annual fee to boot.

    • @MarkReese
      @MarkReese  День тому +3

      I made an early video about it ~ 3 months ago here: ua-cam.com/video/VRxo7S4Ffbw/v-deo.html
      A full review may happen if I decide to get the card.

    • @lhattend
      @lhattend День тому +1

      @ thanks! Just applied for it today. Moving over my IRA from Merrill/BofA to get the 4%!

  • @bladeddavid1144
    @bladeddavid1144 3 дні тому +10

    I've been moving away from AMEX. I cancelled my Gold last month and my Business Gold today. I'm planning on cancelling my Platinum next month. I'm tired of dealing with credit to offset the annual fees and the Centurion lounge in my airport is always full so I've been going to PP lounges more now

    • @evanperry44
      @evanperry44 3 дні тому +2

      I upgraded to the plat from gold because of bonus offer but I’m definitely downgrading to green after one year

  • @paulstein916
    @paulstein916 3 дні тому +2

    Thanks, Mark. This comparison was very helpful to see some really good alternatives to the Amex cards.

  • @colinyuhl9339
    @colinyuhl9339 3 дні тому +6

    Sapphire reserve also gets most air canada lounge now too, though Amex still has much wider lounge footprint. For now.

    • @TheTravelingHatter
      @TheTravelingHatter 2 дні тому +1

      Good observation with “For now” with Amex. I suspect in 5 years there will be numerous “Amex - what happened to them” content videos

    • @MarkReese
      @MarkReese  2 дні тому +2

      Good catch!

    • @newagain9964
      @newagain9964 День тому +1

      Air Canada lounges. lol. Super niche perk.

    • @newagain9964
      @newagain9964 День тому

      @@TheTravelingHatterAmex so far ahead (and still building) it will take chase and cap1 will more than 5 yrs just to catch up. And the hip know they ain’t in it to win it.
      Besides, cap1 already stating nerfing lounge rules.

    • @TheTravelingHatter
      @TheTravelingHatter День тому

      @@newagain9964 @ Nope. Amex lounges pale in comparison to CO and Sapphire lounges. Your “hip” are uninformed 😀

  • @bj133
    @bj133 3 дні тому +5

    I must have lost it in my old days. I pay some 2800 in annual fees.

  • @TheTravelingHatter
    @TheTravelingHatter 2 дні тому +2

    Excellent video. The competition is catching up with Amex. I prefer running multiple ecosystems to generate points and to have more options when building travel schedules. Having said that, if Amex nukes the 35% flight rebate on the Business Platinum, I’ll likely drop Amex entirely. At that point I would only lose Centurion Lounge access, and (sadly) those lounges have fallen behind their Chase and CO counterparts

    • @newagain9964
      @newagain9964 День тому

      Let’s hope Amex puts rebate on diff card (biz green, give it reason to exist. lol). I will start to move away if it goes away. Not sure why it’s on a biz card anyways.

    • @TheTravelingHatter
      @TheTravelingHatter День тому

      ⁠​⁠@@newagain9964 As the 35 % rebate is obviously aimed at business travelers, it makes little sense to move the benefit to the lesser green card. Also, the business gold had previously had a 25% rebate. This benefit has been eliminated which leads me to suspect the 35 % rebate will be removed from the Amex Plat Business

    • @TheTravelingHatter
      @TheTravelingHatter День тому

      @@newagain9964 The rebate is aimed at business travelers; hence that’s why it is included on the business card. The Gold Business had a 25% rebate but that has been discontinued

    • @TheTravelingHatter
      @TheTravelingHatter День тому

      @@newagain9964test

  • @luisserrano863
    @luisserrano863 3 дні тому +3

    Great options Mark!

  • @banderson1979
    @banderson1979 3 дні тому +2

    Or USB Smartly 4% one card setup???

    • @buzzindsm3380
      @buzzindsm3380 2 дні тому

      This was my thoughts a few months ago. I proceeded to open a checking,savings, and brokerage account. After two weeks, I closed all three and never applied for the Smartly card when it came out. Such a back asswards company. My local credit union puts them to shame.

  • @albertchi9666
    @albertchi9666 3 дні тому +3

    Hi Mark, are you still using citi trifecta?

  • @OGSlimGoods
    @OGSlimGoods 18 годин тому

    Think the gold card info incorrect in terms of showing it earns 2x on hotels direct bookings or via portal when it’s *ONLY* through the portal it gives that

  • @dgasmd1
    @dgasmd1 3 дні тому +3

    Is there any high end CC, other than the Amex plat, that you can book airline tickets directly with the airline that gives at least 4-5x/$???

    • @naveenthemachine
      @naveenthemachine 3 дні тому +2

      If you are willing to look at airline cards then yeah
      But I just remembered the WF autograph journey has 4x on flights from the airline

    • @dgasmd1
      @dgasmd1 3 дні тому +1

      @ thanks. Downside to airline cards is they are points specific to the airline and to be used as redemption only. I prefer currency like cash back or being able to apply the points as cash towards other charges. Realistically, the number of people that can take a flight when they want/need on points only is extremely small despite what all these channels make you believe.

    • @MarkReese
      @MarkReese  2 дні тому +2

      @@dgasmd1 - Since you prefer cash back / flexible points, check out the Wells Fargo Autograph Journey and the U.S. Bank Altitude Connect (personal & business versions).

    • @newagain9964
      @newagain9964 День тому

      @@naveenthemachineautograph is not a “high end” card tho. Not even a travel card.

  • @michaeldowning7094
    @michaeldowning7094 День тому +1

    United Club should be included for the Reserve or 5-10 visits a year.

    • @newagain9964
      @newagain9964 День тому

      Lmao. Def not happening. United isn’t a fool.

  • @mehdiabderrahmane2439
    @mehdiabderrahmane2439 2 дні тому +1

    Thanks for this interesting video Mark! 👍🏼 You mention that the video attached to this video will explain how to convert the cash back from the Savor card to Capital One miles if we have a Venture X card but I can t find this video. Did you release it?

    • @MarkReese
      @MarkReese  2 дні тому +1

      Just added it, thanks! Here's the link: ua-cam.com/video/u6KeBn6qtxY/v-deo.html
      Also note the pinned comment on that video, too.

  • @nubianpwr
    @nubianpwr 3 дні тому +3

    I think reducing the comparison to a single variable "cost" distorts the value proposition of these companies. Truth is not all points & partner transfer systems are created equal. Nor are other components: customer service, lounge access, transfer partners, bonuses, "offers", direct Flts, etc., etc. Perhaps too long a video to do, and I do realize some factors are qualitative. Imo, other factors weighed in, Amex is still the flawed 👑 Thanks👍🏾

    • @UTubeVidWatcher
      @UTubeVidWatcher 3 дні тому +3

      Also Amex Trifecta allows my points to be pooled together. I can’t combine Sapphire Reserve card points with Savor card points with Autograph card points, with Active Cash card points.

    • @MarkReese
      @MarkReese  2 дні тому +1

      @@UTubeVidWatcher - Correct. However, you could indirectly do so via common transfer partners among those programs.

    • @newagain9964
      @newagain9964 День тому +2

      Fr. Because I actually travel, my net annual fee for Amex plat alone is in negative. Amex pays me to use card.

  • @americalomanam
    @americalomanam 3 дні тому +1

    having amex platinum with delta boarding pass main cabin they do not allow in any of the delta lounges need confort+ and more which is a disadvantage

    • @newagain9964
      @newagain9964 День тому

      Not true. As long as you’re not flying basic economy, u can get in.

  • @caribdude8151
    @caribdude8151 3 дні тому +2

    Thanks! 👍

  • @cavision3332
    @cavision3332 3 дні тому +1

    Very helpful. Thanks.

  • @TopnotchX4underscore
    @TopnotchX4underscore 3 дні тому +2

    Great video Marked as always! TopNotch! Really are a lot better options then Amex and you prove your point!

  • @Golfexpertbelieveme
    @Golfexpertbelieveme 8 годин тому

    I think it’s time for a new video on which card for each category! I have lost track of what cards currently offer. I have like 11. I’m downsizing soon for 2025 so I can start over.

  • @caribdude8151
    @caribdude8151 День тому

    Hey Mark, this may be an unusual question but would you consider an "airport lounge" like a work break room? 🤔

  • @gibranespinoza6603
    @gibranespinoza6603 3 дні тому +2

    Thinking for 2025 moving away from AMEX Trifecta to Cap1 Duo and getting some Aspire cards for FNCs

  • @pedroasencio3290
    @pedroasencio3290 3 дні тому +1

    The only one alive is the platinum for those who can really use the benefits organically. You are right, the rest are oh so replaceable 😊😊

  • @joanreilly6419
    @joanreilly6419 3 дні тому +1

    Thanks

  • @robertjarrell7276
    @robertjarrell7276 3 дні тому +10

    I guess you don’t get kickbacks from Citi?

    • @jcaceres516
      @jcaceres516 3 дні тому +4

      That's all most youtubers are

    • @MarkReese
      @MarkReese  2 дні тому +3

      Nope. Nor Wells Fargo.

    • @trmcmann82
      @trmcmann82 День тому +1

      Citi hasn't been really putting out the same as other cards/banks. Just compare Citi's lackluster transfer partners program compared to others. Not even comparable. That might change though now that Citi is the exclusive card for American Airlines. We'll see.

  • @callmeNeno
    @callmeNeno 3 дні тому +2

    love this

  • @Ogisaiah
    @Ogisaiah 2 дні тому +1

    Can closing an account affect your credit score?

    • @MarkReese
      @MarkReese  День тому +1

      It can. See this video: ua-cam.com/video/UcWqixdQk30/v-deo.html

  • @skashan23
    @skashan23 3 дні тому +1

    Do you get free lounge access?

  • @vaish385
    @vaish385 День тому

    Amex = best customer service.
    Next best is us bank.
    Chase and other cards may have some goodies but treat people like cash cows.

    • @HockeyJock
      @HockeyJock 10 годин тому

      Amex customer service has been on a consistent downward spiral for 3 years now. I’ve been a “member” for 25 years now and counting… Amex has had to give me $100 statement credits as an apology for various f-ups over the past 6 months alone. It’s a shame. That said, the company went woke in several unbecoming ways, so I’m on a path to reduce my Amex footprint as well. Way too many right now.

  • @clausellray3949
    @clausellray3949 3 дні тому +2

    Nice comparison keep that content-coming appreciate that

  • @thestruggleisreal55
    @thestruggleisreal55 День тому

    I just don’t like Wells Fargo so I would never consider doing any business with them

  • @blacksuite1
    @blacksuite1 3 дні тому +1

    Is Amex Worth it in 2025?

  • @itskat55
    @itskat55 3 дні тому +2

    This was good. 👏🏽

  • @drrob001
    @drrob001 3 дні тому +1

    Great video as usual

  • @Leoprieto74
    @Leoprieto74 3 дні тому +8

    American Express 💕,… Don’t Live Life Without It 🥇

  • @solgershon3419
    @solgershon3419 3 дні тому +2

    when is your 2025 plan coming out?

  • @SOXGATORS
    @SOXGATORS 3 дні тому +2

    👍🏻

  • @shawn.credit
    @shawn.credit 3 дні тому +4

    Excellent options, but pulling out anything other than an AMEX doesn’t feel as special and rewarding!

    • @ow5966
      @ow5966 3 дні тому +1

      It's all in your head

    • @shawn.credit
      @shawn.credit 3 дні тому

      @@ow5966 I’ve been happy with Amex in general for years, Amex is more niche imo they all spend the same to each their own.

    • @shawn.credit
      @shawn.credit 2 дні тому

      @@ow5966Personal preference each ecosystem varies person to person.

  • @timothymoore1791
    @timothymoore1791 3 дні тому +1

    Trust you your content 😮especially this content 👌