Does the PRG make sense for a 20 year old college student?

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mdl28
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Postby mdl28 » Fri May 24, 2013 1:42 pm

Tiger remember not everyone has mom & dad backing them up financially. You are an exception to the rule of not getting into "Debt" at a young age. That said keep in mind that everyone has a different lifestyle and may not be as lucky as you have ended up. On the other hand congrats on using a level head at such a young age.
MDL

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MB131174
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Postby MB131174 » Fri May 24, 2013 5:44 pm

What baffles me is how was there enough spending to get so many flights on awards? The typical domestic award ticket usually starts at 25,000 miles. Not factoring in bonus categories, that would be $25,000 worth of spending a month to get a ticket. Also, the frequency amazes me. I booked 1 award ticket to Europe and the hassle and headache of dates & unattractive routes made me say "NEVER AGAIN!" Maybe I'm missing something, but 1+1 doesn't seem to be equaling 2 here.
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Bksuper
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Postby Bksuper » Fri May 24, 2013 7:07 pm

^He was putting everything from college tuition to room and board on the card, I think. That could be alot of points for some schools.
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DieselRob
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Postby DieselRob » Sat May 25, 2013 1:03 pm

I am 23, finishing up college with a Platinum Amex. I have a great job, so the fee is a non issue.I must say this card(Amex in general) is a great card to have. I love the perks and purchasing protection I get.

I always paid for my classes with cash, I don't do loans for school, so I racked up points for putting the school fees on my card. Fuel, books and expenses always went on the card as well.

If you can get it, do it.
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MemberSince99
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Postby MemberSince99 » Sat May 25, 2013 1:09 pm

My biggest regret is that I didn't apply for an Amex when I was 18.

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FastSRT8
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Postby FastSRT8 » Sat May 25, 2013 3:44 pm

That is pretty much the route I took......

Stick with it, it will pay off

DieselRob wrote:I am 23, finishing up college with a Platinum Amex. I have a great job, so the fee is a non issue.I must say this card(Amex in general) is a great card to have. I love the perks and purchasing protection I get.

I always paid for my classes with cash, I don't do loans for school, so I racked up points for putting the school fees on my card. Fuel, books and expenses always went on the card as well.

If you can get it, do it.
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tigerhunt2011
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Postby tigerhunt2011 » Sun May 26, 2013 12:11 am

MB131174 wrote:What baffles me is how was there enough spending to get so many flights on awards? The typical domestic award ticket usually starts at 25,000 miles. Not factoring in bonus categories, that would be $25,000 worth of spending a month to get a ticket. Also, the frequency amazes me. I booked 1 award ticket to Europe and the hassle and headache of dates & unattractive routes made me say "NEVER AGAIN!" Maybe I'm missing something, but 1+1 doesn't seem to be equaling 2 here.


It hasn't been $25,000 spending per month. I keep getting the flights through card bonuses :) If you're having trouble booking, take a look on FlyerTalk.com. I've learned SO much on there, and I've learned how to get where I want without paying anything. Yes, domestic award flights are usually 25,000 miles on every airline across the board. But I've been able to redeem award flights because of the huge bonuses offered by credit card companies.

To clarify to EVERYone (and so y'all don't think I'm a spoiled prick), my family is comfortable but middle-class. While it's true that I'm lucky to have my parents pay everything, I do work for it :) I'm by no means at a public school, i'm at the University of Arizona, and my tuition is about $9k with a scholarship. Me (and anyone else, regardless of economic circumstance, if in college) would most likely be able to meet the minimum spend requirements with regular monthly living expenses.

In the last year, I've earned through bonuses:
25,000 American Express Membership Rewards Points (Transfer 1:1 to Delta, Virgin America, Hilton & .3:1 to Starwood)
60,000 Delta SkyMiles (30k after $500 spent in first 3 months on personal and Business cards)
110,000 American AAdvantage Miles (30k/$1000 spent/3 months Visa, 50k/$2500 spent/4 months AMEX, 30k/$1000 spent/3 months Mastercard)


MB, check out Flyertalk :) you'll become hooked!
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