- Centurion Member
- Posts: 4047
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
If you get good value from MR points, the 3x MR points on airfare (if booked directly with airlines) is good. Keep in mind how narrowly this bonus category is defined, though. There is no bonus for travel websites (Priceline, Travelocity, etc). No bonus for hotels. No bonus for taxis, subway fares, etc. Just airfare booked directly with airlines. So you can't really call it a travel card.
Your spending may differ from mine, and the Sallie Mae caps might be ridiculously low for you. You'd have to be pretty brilliant (or lucky) to consistently get enough value from 2 MR points to beat 5% cash back, though.
I don't plan to keep mine beyond the first year because the rewards are just mediocre apart from the airfare, and you'd have to spend a huge amount on airfare to justify the AF premium over the Gold. The Gold has some AAA-type benefits, but an actual AAA membership will usually cost less. The global assistance might be useful. I haven't needed it before.
If someone wants only 2 or 3 credit cards, and cares less about rewards, I guess it could be useful.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech