Should I go for the PR Gold card?

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harteaga
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Joined: Tue Jul 31, 2012 11:38 am
Location: Burke, VA

Should I go for the PR Gold card?

Postby harteaga » Sun Aug 19, 2012 6:37 pm

Hey, the title says it all. I got my Zync card 2 months ago and have been using it like a debit card. My internal limit started at $2000 and jumped to $6000+ (they can't tell me for some reason anymore .. ?? .. but the rep said if I charged that amount with my outstanding balance and pending charges, that it would go through with no problem). My only motivation to get the PR Gold card is for the added benefits; the annual fee is kind of a turn off though..

Some background: I'm a student, but, I travel a lot because I study in London. While I'm away, I've set up autopay for a few other expenses. My question is if the PR Gold card is really worth it for me? (being a student and all) or if I should just go for the Green card and upgrade from there when the time comes if necessary? The only reason I would want another card with an annual fee would be to get more "valuable" points since the zync points aren't worth as much. Honestly, I don't know what to do and a few tips would be very helpful.

At first I was thinking about the BCE, but then I saw this one..
Capital One Journey Student Rewards: $750 CL
AmEx ZYNC: NPSL
AmEx Blue Cash Everday: $6,600 CL
AmEx PRG: NPSL
Chase Slate: $900 CL
Chase Sapphire Preferred: $5,000 CL
Synchrony FInancial: $1,700 CL


hotcakes
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Location: Atlanta

Postby hotcakes » Sun Aug 19, 2012 7:51 pm

It really is a personal spending thing. I just went from the pr gold to the zync. The pr gold just wasn't worth it for me. You have to do your own analysis to see if your specific spending will make it worth it. For me, it wasn't. I used other rewards cards much more.

Now, if the bonus points are available to you, absolutely go for it. There is absolutely no reason not to.

RidgeRacerJM
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Location: San Diego, CA

Postby RidgeRacerJM » Sun Aug 19, 2012 11:48 pm

IMO, i think its only worth it if youll be spending $30k+ a year (which is ~$2500+ per month spending). I was fortunate enough to get a generous point invitation that basically pays for itself for the next 3-4 years, which was the deal breaker for me.
Capital One Quicksilver: Since 10/2008 (CapOne Platinum originally)... upgraded on 08/2013
Chase Amazon Visa: Since 07/2011
Amex Gold Premier Rewards: Since 11/2011
Blue Cash Preferred: Since 05/2016

Experian Score: 825 05/16
TransUnion Score: 797 05/16

Rory
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Posts: 274
Joined: Sat Aug 04, 2012 10:21 pm
Location: MA

Postby Rory » Mon Aug 20, 2012 2:28 am

the offer for 25k mr points on this site isnt working for me anymore. anybody have any info why?
Amex Zync - NPSL (Cleared up to 25k)
Amex BCE - 12000 limit
Amex BCP - 4200 limit
FIA Rewards Amex- 3500 limit
Chase Freedom - 2000 limit
Chase Slate - 2000 Limit
BoA Cash Rewards Privileges- 3000 limit
Barclaycard Rewards MC - 3000 limit
Discover IT- 3500 limit
Marriott PR- 5000 limit
21 years old with alot of life to spend ;)
Its not about the ending, its about the journey,
just as long as the ending is just as good :cool:

RidgeRacerJM
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Location: San Diego, CA

Postby RidgeRacerJM » Mon Aug 20, 2012 2:59 am

After reading the amex website, you do not qualify for the membership bonus points if u had received the zync card within the past 90 days.
Capital One Quicksilver: Since 10/2008 (CapOne Platinum originally)... upgraded on 08/2013
Chase Amazon Visa: Since 07/2011
Amex Gold Premier Rewards: Since 11/2011
Blue Cash Preferred: Since 05/2016

Experian Score: 825 05/16
TransUnion Score: 797 05/16

harteaga
Green Member
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Posts: 15
Joined: Tue Jul 31, 2012 11:38 am
Location: Burke, VA

Postby harteaga » Mon Aug 20, 2012 11:35 am

Okk, after a bit more research and some math, I came to the conclusion that the PR Gold isn't for me (yet :D ). What I 'm thinking about doing is getting the Green card, so my points are worth more. Everyone says the best way to make use of your points is to transfer them to frequent flyer miles; does anyone know how that works? I'm pretty new to all this.

I'm probably not getting the Green card anytime soon, but rather when I'll actually need it to redeem my points. And, I know this is off topic, but does anyone know how many miles it takes to get a free flight? (say from Wash, DC to London?)

Thanks!
Capital One Journey Student Rewards: $750 CL
AmEx ZYNC: NPSL
AmEx Blue Cash Everday: $6,600 CL
AmEx PRG: NPSL
Chase Slate: $900 CL
Chase Sapphire Preferred: $5,000 CL
Synchrony FInancial: $1,700 CL

Rory
Centurion Member
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Posts: 274
Joined: Sat Aug 04, 2012 10:21 pm
Location: MA

Postby Rory » Mon Aug 20, 2012 12:27 pm

RidgeRacerJM wrote:After reading the amex website, you do not qualify for the membership bonus points if u had received the zync card within the past 90 days.


yup thats it, 75 days in though lol
Amex Zync - NPSL (Cleared up to 25k)

Amex BCE - 12000 limit

Amex BCP - 4200 limit

FIA Rewards Amex- 3500 limit

Chase Freedom - 2000 limit

Chase Slate - 2000 Limit

BoA Cash Rewards Privileges- 3000 limit

Barclaycard Rewards MC - 3000 limit

Discover IT- 3500 limit

Marriott PR- 5000 limit

21 years old with alot of life to spend ;)

Its not about the ending, its about the journey,

just as long as the ending is just as good :cool:

Reclusive46
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Posts: 222
Joined: Mon Oct 24, 2011 4:04 am
Location: UK

Postby Reclusive46 » Mon Aug 20, 2012 1:01 pm

If your in London enough, can't they transfer a card over to the UK? Then you wouldn't have to pay the foreign transaction fee. Or do you not have any funds in Sterling?
Amex UK Platinum Charge Card
Amex Blue Cash USA
Amex US Gold Corporate Card
World MasterCard Capital One UK (Free abroad + Cashback + Free Cash Withdrawals with no interest)

harteaga
Green Member
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Posts: 15
Joined: Tue Jul 31, 2012 11:38 am
Location: Burke, VA

Postby harteaga » Mon Aug 20, 2012 3:31 pm

Reclusive: I've only had an AmEx for 2 months now (new member since June 2012 :D ) so I can't ask for a global transfer until next month. I'm thinking about doing that too, but I want to keep my Zync card to keep building my credit in the US and so I have a credit card with decent history when I finish uni and go back to the US. I just quit my summer job so I have to wait until I get another job in the UK while in school. I guess my only source of income until I get a job would be my mom .. ?? .. can I actually say that to AmEx without raising red flags? haha

And I guess I do have funds in Sterling since I have a UK bank account as well as my new flat that I just rented for the school year.
Capital One Journey Student Rewards: $750 CL
AmEx ZYNC: NPSL
AmEx Blue Cash Everday: $6,600 CL
AmEx PRG: NPSL
Chase Slate: $900 CL
Chase Sapphire Preferred: $5,000 CL
Synchrony FInancial: $1,700 CL



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