Jim_n_NYC Posted December 1, 2022 Share Posted December 1, 2022 (edited) 16 minutes ago, arnemgreeves said: Don't get them. credit cards are a hassle. It's best perhaps to buy things on installments (like Klarna or store-specific plans), or save for it. Credit cards allow reckless spending and aren't good imho. Credit cards only allow 'reckless spending' for people who have no self-discipline. I haven't carried a balance on a credit card in over 30 years but have gotten thousands of $$ benefits from them. Edited December 1, 2022 by Jim_n_NYC handiacefailure, + Unicorn, + Socalguy and 4 others 3 2 2 Link to comment Share on other sites More sharing options...
arnemgreeves Posted December 1, 2022 Share Posted December 1, 2022 12 minutes ago, Jim_n_NYC said: Credit cards only allow 'reckless spending' for people who have no self-discipline. I haven't carried a balance on a credit card in over 30 years but have gotten thousands of $$ benefits from them. This is many though, hence why credit card debt is sky high. Borrowing is fine, but clearly many cannot handle them, so shouldn't use them. 12 minutes ago, Jim_n_NYC said: Jim_n_NYC 1 Link to comment Share on other sites More sharing options...
Monarchy79 Posted December 26, 2022 Share Posted December 26, 2022 On 11/24/2022 at 6:34 AM, ericwinters said: While this was just a temporary offer this year, my Nordstrom Visa card sent me an offer that any entertainment, restaurant, and grocery purchase will give me 10 points per dollar via rewards in Nordstrom notes. I am a Nordstrom Queen so this was awesome for me. I've racked up nearly $500 to spend in this store. The promotion ran early October 3nds at the end of November, so it's perfect for all the holiday grocery shopping and restaurants spends. Then i get to buy gifts for my loved ones. Win win win! I’m so glad you mentioned the Nordstrom Visa Card!!!! it’s my favorite!!!! because you can use it anywhere, I simply save my cash for large purchases, then just use the card (and immediately pay of the balance), I’ve gotten hundreds and hundreds of dollars in gift cards thanks to their rewards program. Then add in those Nordstrom “notes” and alteration credits and even more benefits rack in. Right now, I still have $300 in free alteration credits to use. ericwinters 1 Link to comment Share on other sites More sharing options...
handiacefailure Posted January 4, 2023 Share Posted January 4, 2023 For people who like to go to Vegas but aren't big gamblers like me the Wyndham business card is a great deal if you go to Vegas even once a year. You get diamond status with Wyndham and you can status match it to Caesars Diamond every year with the Wyndham/Caesars status match. You get a $100 dining credit with Caesars every year which makes up for the $95 annual fee and a 40000 sign up bonus and 15,000 anniversary points every year on renewal. You can transfer up to I believe 20,000 wyndham points a year to Caesars so if you transer over 15000 point to Caesars those points are worth at least $150.00 And no resort fees if you are a diamond at Caesars. Link to comment Share on other sites More sharing options...
+ Unicorn Posted January 8, 2023 Share Posted January 8, 2023 There are probably people who wouldn't benefit from at least one credit card. I own two IHG cards, for instance, each of which pays for itself with a free hotel night. Also a free night with Hilton's AMX, and with enough expenses, it gives me Diamond status each year, which usually result in free breakfasts and upgrades. I paid for most of the construction work for a retaining wall for my pool with my American Airlines M/C, so at least until February of 2024, I get Executive Platinum status on the airline, so usually free domestic upgrades and access to First Class Lounges on Oneworld rather than Business Class lounges (including Qantas's 1st Class Lounge at LAX when I just recently flew JAL to Vietnam). Even if you fly with an airline only once a year, the annual fee will pay for itself quickly with free luggage check-in when you use the card to pay for the ticket. Even if one never leaves home, some cards have no fee and offer cash back. Something for everyone. handiacefailure 1 Link to comment Share on other sites More sharing options...
eRutt Posted January 12, 2023 Share Posted January 12, 2023 In addition to perks, don't overlook the importance of customer service. I use a Barclay's card because a number of the other major card issuers have failed me in inexcusable ways, and Barclay's has provided consistently good service. One particularly galling example was when I told my card company that i would be traveling in Europe and they nonetheless put a hold on my card. When I tried to follow their instructions and contact them via a collect call, the repeatedly refused the charges. Their excuse? They were "too busy" to take the call! + Vegas777 1 Link to comment Share on other sites More sharing options...
+ Unicorn Posted January 14, 2023 Share Posted January 14, 2023 On 1/13/2023 at 6:46 AM, eRutt said: ...One particularly galling example was when I told my card company that i would be traveling in Europe and they nonetheless put a hold on my card. ... Which company was that? Although there are places where AMX may not be accepted in most places (like Vietnam, where I am now), they definitely have the best customer service. I wanted to leave them a travel advisory once, and they said "We don't need travel advisories. We know where you are." Marc in Calif 1 Link to comment Share on other sites More sharing options...
handiacefailure Posted January 16, 2023 Share Posted January 16, 2023 On 1/14/2023 at 9:19 AM, Unicorn said: Which company was that? Although there are places where AMX may not be accepted in most places (like Vietnam, where I am now), they definitely have the best customer service. I wanted to leave them a travel advisory once, and they said "We don't need travel advisories. We know where you are." AmEx customer service is great. My issue is that a lot of merchants outside of the US don't accept it, especially smaller mom and pop type places. Chase's customer service is great overseas. My chase sapphire reserve is my preferred card to use overseas and I never have to tell them my travel plans Now citi was a royal pain when I tried using my card overseas five years ago. Even though that card at the time was my everyday spend card, it should have been obvious to them I was overseas since there were no US charges and all the charges were in London and Paris but they put a security block on the card and instead of just letting me confirm it in the app I had to call. Monarchy79 1 Link to comment Share on other sites More sharing options...
+ Unicorn Posted January 16, 2023 Share Posted January 16, 2023 9 minutes ago, handiacefailure said: ...Now citi was a royal pain when I tried using my card overseas five years ago... Things are probably different now, or maybe it's because you used the Chase card to buy the trip, then the Citi card during the trip? Since I use a Citi American Airlines card to charge most of my plane trips, I usually get an e-mail from Citi before my overseas travels saying saying something along the lines of "We've noticed that you're about to go on a trip. Enjoy your trip, and be aware that we know about your travel plans, and require no further notification." Doing all of these travel notifications was a PITA years ago, but I haven't had to do them recently. Link to comment Share on other sites More sharing options...
Jim_n_NYC Posted January 16, 2023 Share Posted January 16, 2023 On 1/14/2023 at 9:19 AM, Unicorn said: Which company was that? Although there are places where AMX may not be accepted in most places (like Vietnam, where I am now), they definitely have the best customer service. I wanted to leave them a travel advisory once, and they said "We don't need travel advisories. We know where you are." As far as travel notifications are concerned, I agree they don't seem to be needed as much. I've gotten notices from at least two of the companies (one I tried to notify and they said I didn't need to) and the reason being was that they can tell from my bookings where I am (creepy, lol). When it comes to Amex usage when overseas, we did Spain and Portugal in '21 and I was watching to see how man restaurants would take Amex...very few, especially in Portugal. With them it was Visa or Mastercard only. Interestingly, Bavaria in '22 was similar but I was surprised at the number of places that didn't take credit cards at all. We went to ATMs a lot more than I have on other trips recently, which I thought wouldn't be the case in Germany. Link to comment Share on other sites More sharing options...
handiacefailure Posted January 16, 2023 Share Posted January 16, 2023 41 minutes ago, Jim_n_NYC said: As far as travel notifications are concerned, I agree they don't seem to be needed as much. I've gotten notices from at least two of the companies (one I tried to notify and they said I didn't need to) and the reason being was that they can tell from my bookings where I am (creepy, lol). When it comes to Amex usage when overseas, we did Spain and Portugal in '21 and I was watching to see how man restaurants would take Amex...very few, especially in Portugal. With them it was Visa or Mastercard only. Interestingly, Bavaria in '22 was similar but I was surprised at the number of places that didn't take credit cards at all. We went to ATMs a lot more than I have on other trips recently, which I thought wouldn't be the case in Germany. I was in London and outside of having to pay a cover to a club in July and didn't use cash at all and in Paris this fall only time I used cash was to pay an escort. I prefer to use credit cards all the time anyway just for the points but espeially overseas so I don't have to deal with getting ripped off with the exchange rate Also allows me to keep better track of how much I spent. Another nice thing about using a credit card is for a place I visit frequently like London or Lima is if I go to a restaurant I really like, I can just look at the quicken detail before I return to the city to see the name of the restaurant if I don't remember it. I think the reason AmEx isn't taken at a lot of place is the high fees businesses have to pay. Outside of getting the minimum spend in on my Delta AmEx cards for the MQD waivers and Hilton stays on my Hilton AmEx and doing things like the streaming credit on my Platinum AmEx, I dont find the rewards the best in my case for credit card spending using AmEx. I get a lot better return on my chase cards but it's truly a YMMV situation Link to comment Share on other sites More sharing options...
Jim_n_NYC Posted January 16, 2023 Share Posted January 16, 2023 2 hours ago, handiacefailure said: I was in London and outside of having to pay a cover to a club in July and didn't use cash at all and in Paris this fall only time I used cash was to pay an escort. I prefer to use credit cards all the time anyway just for the points but espeially overseas so I don't have to deal with getting ripped off with the exchange rate Also allows me to keep better track of how much I spent. Another nice thing about using a credit card is for a place I visit frequently like London or Lima is if I go to a restaurant I really like, I can just look at the quicken detail before I return to the city to see the name of the restaurant if I don't remember it. I think the reason AmEx isn't taken at a lot of place is the high fees businesses have to pay. Outside of getting the minimum spend in on my Delta AmEx cards for the MQD waivers and Hilton stays on my Hilton AmEx and doing things like the streaming credit on my Platinum AmEx, I dont find the rewards the best in my case for credit card spending using AmEx. I get a lot better return on my chase cards but it's truly a YMMV situation Yea, we're the same. If I could, I wouldn't use cash at all on trips (well, anywhere) since we get so much value out of points/miles for flights and hotel rooms. handiacefailure 1 Link to comment Share on other sites More sharing options...
+ BenjaminNicholas Posted January 22, 2023 Share Posted January 22, 2023 (edited) Too many people sign up for cards based on what perks they THINK they'll use (or, the cachet of the card). You've got to be realistic about your spend and how valuable a card's perks are to you, specifically. I read through a ton of posts on reddit's CC subs and it's telling to see people drop the card in one year, usually as soon as the yearly fee hits. It's nearly a churner's mentality, but without really fully exploiting the points or perks. I'm not usually a spreadsheet kind of guy, but for the credit cards I use, it benefits me in keeping up with getting the most out of the plastic I'm using. Re: Amex... I've never had an issue anywhere with it being accepted. They also have some of the best customer service in the industry. Amex's concierge has pulled some rabbits out of hats for me when it comes to last-minute reservations and tickets. I consider it a card I'd never not have in my wallet. Edited January 22, 2023 by BenjaminNicholas mike carey 1 Link to comment Share on other sites More sharing options...
hassanizhar Posted February 6, 2023 Share Posted February 6, 2023 The best option for you will depend on your travel and spending habits. Here are some factors to consider: Travel Patterns: If you frequently fly with one specific airline or stay at one hotel chain, it might make sense to have a co-branded credit card for those companies. These cards often offer bonuses and rewards that are specific to that airline or hotel, such as free checked bags or elite status. Annual Fees: High-end travel cards like the American Express Platinum often come with a high annual fee, but they also offer a wide range of benefits, such as lounge access, travel credits, and hotel upgrades. Consider the cost of these benefits against the annual fee to see if they are worth it. Bonus Categories: If you spend a lot in categories like dining or travel, you may be able to earn more rewards by using a card with a high earning rate in those categories. Flexibility: With multiple travel cards, you may be able to earn rewards on a variety of expenses and have more options for redeeming rewards. With a single high-end card, you may have more benefits, but fewer options for earning and redeeming rewards. Ultimately, the best option for you will depend on your travel and spending habits, so be sure to do your research and carefully consider your options before making a decision. + BenjaminNicholas and thomas 1 1 Link to comment Share on other sites More sharing options...
Aristafon Posted April 12, 2023 Share Posted April 12, 2023 Thanks for sharing this helpful post. It's always great to learn about new strategies for making the most out of credit cards and rewards. I recently stumbled upon some interesting info about online credit cards. But actually, I don't know how appropriate it would be to share it in this thread. If you want, I'll do it here in the comments. Link to comment Share on other sites More sharing options...
Thelatin Posted April 13, 2023 Share Posted April 13, 2023 I use my Amex Platinum for business, so it wracks up a shit ton of points. I typically transfer them to my Marriott or Hilton accounts. Link to comment Share on other sites More sharing options...
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