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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The Platinum would probably only earn around 120k to 160k points on the exact same spending since most purchases only earn 1x.
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Yeah the Amex Plat is an absolute s-it card for everyday spending after you hit the bonus.  Anyone using it for daily spending is a fool, especially when you can get the category bonuses like PP mentioned on the Gold, or just a flat 2x on the Blue Business Plus.[/quote]
We use a Platinum for 5x on flights and hotels, Gold for 4x on groceries and dining out, and a BBP for 2x on all else. Simple and works for us.[/quote]

Do you manage to offset the $895 and $325 fees? [/quote]

The Gold card is easy to offset with x4 multiplier on groceries, it's a reliable point earner.

The Plat is a bit of a stretch past the first year.  You have to value the benefits to keep it, and it's okay if you don't.  The only real earner there is flights with a x5 multiplier.   I fund the United Travel Bank (now have to find something else), I take biannual staycation girl nights with my daughter at either Hyatt or Salamander in DC (the only hotels with indoor pools), I use Uber credits for monthly takeout, I use streaming credits, I use Walmart + for delivery. Use Lululemon for odd gifts.

You can dip your toes if you want by getting a Platinum in mid-December.  Benefits reset every calendar year so you can triple dip and then cancel mid-January 13 months later. [/quote]

But with the Gold Card, even if you spend $15,000 on groceries, wouldn’t you only net $275 after the annual fee vs $300 from using a no-fee Wells Fargo card with 2% cash back? Or do you value the Amex more highly than that?[/quote]

$15k in groceries is 60k points, which is one roundtrip economy trip to Europe, at a minimum, and two round trips if you’re lucky.  This beats cash back. But you have to value travel to see it this way. [/quote]

NP. How does 60,000 points get you 2 RT tickets? I'm sitting on 130k points with Chase.[/quote]

I explained in a recent thread when someone asked how to spend 100k Chase points.

Currently Air France sells economy tickets to Paris for 19k points. There is a 20% transfer bonus in effect so it’s about 16k after that.  So it’s 64k for two RT. You can buy the few points you’re lacking.  [/quote]

Thank you! I will look into this. If I transfer my points how long would it be valid for with a partner?[/quote]

Every airline has its own rules but it’s typically at least 24 months. My suggestion to you is to transfer only when you have your itinerary in mind and you have confirmed the tickets for your dates are available. Don’t transfer for “some time in the future”.  Hotel points last longer as I recall.[/quote]

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