- Platinum Member
- Posts: 75
- Joined: Sat Jun 07, 2008 6:11 am
- Location: Illinois
I use my Gold Premier Rewards AMEX card for all personal, and have been putting everything I can on it, except gas.
It is a great card, and gives 15,000 extra points annually, as long as your annual spend is at least $30,000. The rewards are 3 points for every dollar spent on airlines, two points on gas and groceries, and one point on all else. Annual fee is $175, for up to five cards. Free roadside assistance is another perk, a $60 annual value.
It is a great card, but I am retiring next year. I had thought that my wife and I would be the great world travelers in retirement, and that is why I signed up for this card when it first came out. Actually, I now have my doubts that our travels will be that extensive, and we don't really fly that much.
I am actually thinking of canceling this card at the end of this year. I also have AMEX Blue, with a $30,000 limit, and I am told that I can convert this to the new AMEX Preferred Everyday Blue card, which pays 6% on groceries, 3% on gas and department stores, and 1% everywhere else, all for a $75 annual fee. This may work out even better, since our biggest expenses are for groceries and gasoline.
Actually, between this card, and My Chase Freedom and Discover (when they do the 5% quarterly gas promotions), I wonder if I should use these cards INSTEAD of the specific gas cards?
P.S. Good luck with your Green Rewards card. In about 6 months, you will be eligible to upgrade to the Gold Premier. If your spending patterns warrant it, you should upgrade.