- Centurion Member
- Posts: 212
- Joined: Thu Mar 15, 2012 10:08 pm
- Location: Ohio
Up until recently I've been really focusing on spend using my SPG card, and my Ritz-Carlton rewards card. The SPG points have great value, and I stay at Marriott a ton.
However, with all of the recent devaluations in programs (SPG excluded), a complete change of strategy for earning sky miles, and the introduction of new cards like the American Express Everyday does it make sense to really simplify how we approach rewards.
Right now my gut is saying something like
CSP - Dining, Travel, Entertainment
Freedom - 5% Categories
Discover IT- 5% Categories
Amex Everyday - Gas & Groceries
Amex Platinum - Travel Perks (if needed)
Is beginning to look like a really good strategy. You don't have to worry about reward tiers disappearing (maybe transfer partners will change but odds are you will always be able to redeem UR and MR for a minimum of 1 cent per point) or changing. You have a lot more flexibility, etc.
You also only have to worry about tracking 3 types of points at that point, but you miss out on potential BIG bonuses with hotel chains (not so much airlines anymore), but for a lot of people maximizing the rewards on everyday spend might make up for it.
Everyday Preferred $45K | Amex Platinum NPSL | Delta Platinum $30K | Chase Sapphire Reserve $74.5K | Discover IT $42K