Had the gold card since 2007. Got the SavorOne last year and haven’t looked back. 3% entertainment is also a super slept on category, it blows Gold out of the water for daily spend. Paired with my VX Biz card it’s been a killer combo.
Shake Shack FTW on the dining credit. My son gets a medium shake, and I get a small. $1.30 a month after the credit is a great father-son experience. I look forward to burning that credit with him once a month. I take an Uber or lift twice a month. The gold credit stacks nicely with the plat credit. Then I pay for it with a Delta card once a month for yet another $10 off. Both of these were lifestyle changes - but both are enhancements. Life is what you choose.
That is awesome! TBH that father son experience sounds priceless to me. 👏🏽 I'm glad that the gold credits work well with that. you definitely found a great way to get value from it.
This card essentially forces me to treat myself twice a month by eating out, which I otherwise wouldn’t do. I got $35 back from Amex offers on things that I would have spent money on anyway, and I used all of the monthly credits, so I really can’t complain about the membership for the first year.
TBF if you value it enough, that peace of mind or experience of eating out 2x a month can make it worth it on it's own. And it's always nice to save some money with offers along the way
If you feel forced then don’t keep the card. In my case I Uber every month at least once a month, and usually Grubhub/ shake shack once a month. If it’s a bother then you’re forcing yourself to use this card. A card is should simplify your life.
Great video chase, the diminishing value for the credits was one of the reasons I canceled my Gold card when it came up for renewal. I am instead using my chase sapphire preferred card for dining and my hotel cards for groceries.
that is why i am tired of prepaid fee credit card. Many people saying its free trip, its not. You cant outsamrt than company study your spending bahavior. They tell where to spend, how mucb to spend, where to get back and how much it worth it. If they couldnt make huge profits of you, they just change the game either increasing fees or make rules on applying or redeem credit. You never gonna win. Its manipulated market You would think you are the winner but in credit card game, you are the only fool
The best thing to get with the dining credit is a drink like boba or coffee It’s like usually only 50c extra and I always do pickup I shop a crap ton at Costco but if you’re trying to find the best meal deals the weekly ad of a grocery store is usually better. Ex: USDA Choice NY Strip is occasionally $6/lb at Safeway but usually $12/lb at Costco
3:36 whoa bruh, gotta tip on the delivery too. idk if in the next couple minutes you take that into account or not, but it's a big reason why I never do the delivery option, unless Uber Eats is running their "40% off" delivery promo.
100% you gotta tip. But i wanted to show the price without tipping because i know everyone may tip differently so I wanted to keep it as consistent as I could. I agree that those fees / tips add up and make me not want to do the delivery option.
Hola Chase!! The Gold Card was a good card and I great bonus in year 1. I cancelled and then literally cut it Live on RUclips! 😂. I couldn’t justify the $250 annual fee especially when I wasn’t using the grocery shopping because I shop at Costco. I love the breakdown in this video. You put it all out there for all of us to see if it works for us.. I just got the Green to see if I actually get more value from it . Thanks again for another great video! Take care!
I believe you did a great job explaining why it may not be worth it for you. I think what may allow you to keep for another year is if they have a retention offer of some kind?
The couponing required to ensure value from AF heavy Amex cards (Gold, Platinum, Green, Plat & Reserve Deltas, Bonvoy Brilliant, Hilton Aspire) is making Cash Back the more sensible/hassle free play. For points, accepting 1-2 fewer cents per $100 restaurant spend, the CSP (supplemented w/+1-2 c/100 during the Freedom’s restaurant quarter) frees you from Amex credit slavery.
@@ChaseYokoyama Citi Premier has 3x for both dining and groceries; using that for the overflow after maxing out two Custom Cash’s could be an awesome setup (at the expense of Hyatt transfers and travel protections, as a Cash Back play, it’s nearly set it and forget it).
@@newagain9964Agree Green is the best value for its AF due to 3x travel and restaurants (like CSP), particularly if you’re already a Clear user. If not, Lounge Buddy can help offset the AF as it refunds paid daily access to lounges have prime time Priority Pass restrictions.
I actually use my AMEX Gold to pay my rent at 4X. I purchase Visa Gift Cards at the supermarket. That has been racking up my MR points fast. Although that add a service fee, it is just added to the overall 4x multiplier and points stacked in such a quick time more than makes up for it.
@@kirklandguy015 I don't mind adding that cost to the 4x multiplier. Some places such as Staples sell Visa gc without a fee but I don't own a card that will provide 5% at office supply like the Chase Business Ink card. Eventually, I would like to ge that card to replace that rent strategy
Whatever it is worth it is never worth the full amount. If some guy knocks on your door and tries ro sell you a coupon book with these crazy monthly credits how much would you pay for thr coupon book?
😂 your frig. My trifecta currently are AMEX Platinum; AMEX Gold and Citi Costco Executive. All benefits maxed. For the Gold, just added it back this year for the 4x and while we shop mostly at Costco, Publix gets a good portion of our food budget. Tip! Just used Uber Eats and stacked m Uber credits for takeout at Shake Shack. Uber One helps reduce higher costs a little but $25 in Uber Cash is the real deal when we aren’t traveling. Hadn’t realized the costs are higher; makes sense adding a middleman. I use my monthly food credit by ordering direct. Good video!
FYI, if you grocery shop in person at Walmart you will get the 4x points (Amex gold) but if you order Walmart delivery you’ll only get 1x points. I love me some Costco but wish they took more than Visa
@@faizpkmn129 Merchandise & Supplies - Groceries WALMART NEIGHBORHOOD MARKET $189.96 Mar 4, 2024 On your statement as WAL-MART NEIGHBORHOOLAWRENCEVILLE GA 760 Membership Rewards® Points 4X at U.S. Supermarkets Split It Plan It® Plan It® Divide this transaction into monthly payments for a fixed monthly fee.
Im fine with the Gold. My family easily runs $1200 a mth on dining + another $700-$800 on groceries so we more than recoup the AF. I don’t even use the credits every month!
I saw it wasn’t even worth getting. I only have green and platinum…but there can be only one! Hmm. Prob be plat until I complete my foreign travels in 2025
Thanks for mentioning that card, I just looked it up and they have a $250 back after spending $3k in 6months and first year $95 fee waived. I wonder if I could sign up, hit the amount then keep less than a year and downgrade before renewal. I’ll have to look it out.
That is a solid grocery card for general grocery spend. However I practically never shop at any other grocery store at the moment. Therefore I wouldn't be sure if I want a grocery card with an AF.
I guess I am looking at it that I would still be saving $7 of the $10 credit even with the increase cost. Plus the 4x dining and grocery fits my spending habits well.
@@etaaan_mc ya they are sensitive to new inquiries like that. just give it some time (like a few months) and try again. I had the same reason for denial before but now im in the clear. I was denied sometime late last year when i checked.
I'm getting the GOLD sometime later this year. I'm walking distance from the Cheesecake factory and Shake Shack. But until then I'm spending on my BIlt for dinning and on my Bonvoy Boundless for groceries
I find this to be fairly rare. What I get hit by is restaurants coding goofy. Like bistros sometimes code as bars or we had food in a zoo restaurant recently and it coded as charity. I find with Chase the 3X dining is usually less nonsense and goes thru. Probably what they use to categorize is a broader range of mcc codes…
Minus the welcome bonus, I consider the Bilt card a much better dining and travel card than the Amex Gold. Bilt has a baseline 3x on dining, and up to 12x considering (3 base x 2 rent day x 2 transfer bonuses). I never have problems getting Mastercard or Visa accepted at restaurants. I struggle to use the Amex Gold at restaurants with only about a 50% acceptance rate. If they raise the annual fee for any reason, I will surely cancel the Amex Gold.
The Costco factor is annoying, but I can still easily find value in the Amex Gold. The credits are a bit annoying too since you are paying a tiny premium even for pickup orders. Nonetheless, my spreadsheet calcs. confirm that our spending on those two categories definitely justifies using this card (that is...until Amex decides to destroy its value on the inevitable AF increase). I actually enjoy the simplicity (very few people talk about the simplicity). My wife and I both use the Gold for all food purchases (minus Costco, of course).
appreciate you sharing 🙏🏽 i love the fact you got a spreadsheet to calculate the value. if it works for you then keep using it. im soooo anxious to see what amex does with this card
Even if I can utilize all the monthly credits, it’s more like a $100 effective AF card imo so I can’t justify it over 5x at CCC x 2. Probably different if my monthly food bill is higher…
I like the video, but have suggestions: 1. STOP using Costco, Walmart, Target, and such for groceries. The food is as garbage as it gets. Find a clean store that sell clean food and get the Amex Blue Cash preferred. $6K/year at 6% cash back. If you spend more than $6K/year in groceries, get a 2nd card of the same. At $95/year the math is in your favor. For restaurants, there are plenty of 3% cash back cards, No Amex points for you to trade on it, but getting rid of the Gold Annual fee will be justified at the end of the year. Unless you are making Amex you main set up that cover most expenses and have enough expenses to justify the rewards and credits, it is like throwing money out the window to say "I can". YMMV
ya i like some of your suggestions. i agree there are other great options for 3% back on groceries and/or dining with little to no annual fee. but whaaat? how come the groceries at those stores are trash?
@@ChaseYokoyama Food quality. Look at the labels. Tomato sauce should have nothing but tomato and water at most, pasta should have no more than wheat and water, etc.These large stores are not selling quality food. They are selling bulk cheap food that is even ilegal in a lot of countries due to GMO, cancer causing preservatives, etc. It is beyond me how we allow our own food to poison us. OK, off the preaching box LOL.....
@@ChaseYokoyama it was not my restaurant card, since I use Citi Prestige for that purpose. I was using it strictly for groceries, but then I switched to USB AR, then to Citi Premier, and then to Savor One. But now I just use gift cards which I buy at Staples or ODOM or Fluz. I could be using Custom Cash in combination with Curve, but I just buy a GC with it once a month. 9 GCs every month.
gotta do what you gotta do to justify the annual fee 🤷🏽♂️ im a frugal person by nature so I dont like spending money on a card that doesnt give me positive value
that is why i am tired of prepaid fee credit card. Many people saying its free trip, its not. You cant outsamrt than company study your spending bahavior. They tell where to spend, how mucb to spend, where to get back and how much it worth it. If they couldnt make huge profits of you, they just change the game either increasing fees or make rules on applying or redeem credit. You never gonna win. Its manipulated market You would think you are the winner but in credit card game, you are the only fool
@ChaseYokoyama the dining credit alone makes it not right for alot of ppl. Those restrictions on restaurants alone means most people won't get full $120 value. So the "effective annual fee of $10" that's been parroted across RUclips isn't really real.
What if Amex made Gold 5X for everything and no coupon book. I think many Gold Card holders should voice there opinion and let them know if they cancel maybe they will offer you more points a retention offer to not cancel if ask for retention offer
5x would be cool. im sure frequent diners and grocery shoppers (outside of Costco, Target, Walmart, etc.) would be okay with this change. However since I would still primarily shop at Costco idk if that 5x change would benefit me.
I agree that look stronger and taller 😂 My family of spends a lot in groceries and love the referrals. Agree with your point of view Chase, great video!🫵
![Wiz Khalifa - Khalifa's Home [Official Music Video]](http://i.ytimg.com/vi/wnrLCTe0Nz4/mqdefault.jpg)
Had the gold card since 2007. Got the SavorOne last year and haven’t looked back. 3% entertainment is also a super slept on category, it blows Gold out of the water for daily spend. Paired with my VX Biz card it’s been a killer combo.
im definitely eyeing out the VX and capital one combo 👀 appreciate you sharing that
👍🏽 I’m on that Cap1 duo also, a great combo. 1-2 trips a year to Mexico & few stateside hotel stays.
Shake Shack FTW on the dining credit. My son gets a medium shake, and I get a small. $1.30 a month after the credit is a great father-son experience. I look forward to burning that credit with him once a month. I take an Uber or lift twice a month. The gold credit stacks nicely with the plat credit. Then I pay for it with a Delta card once a month for yet another $10 off. Both of these were lifestyle changes - but both are enhancements. Life is what you choose.
That is awesome! TBH that father son experience sounds priceless to me. 👏🏽 I'm glad that the gold credits work well with that. you definitely found a great way to get value from it.
The family that Amex together stays together? 😂
@@newagain9964 😂
This card essentially forces me to treat myself twice a month by eating out, which I otherwise wouldn’t do. I got $35 back from Amex offers on things that I would have spent money on anyway, and I used all of the monthly credits, so I really can’t complain about the membership for the first year.
TBF if you value it enough, that peace of mind or experience of eating out 2x a month can make it worth it on it's own. And it's always nice to save some money with offers along the way
If you feel forced then don’t keep the card. In my case I Uber every month at least once a month, and usually Grubhub/ shake shack once a month. If it’s a bother then you’re forcing yourself to use this card. A card is should simplify your life.
Great video chase, the diminishing value for the credits was one of the reasons I canceled my Gold card when it came up for renewal. I am instead using my chase sapphire preferred card for dining and my hotel cards for groceries.
Thanks for sharing and way to slim down that portfolio. Im now open to looking to find another dining / grocery card
This card makes perfect sense if you have some disposable income, live in an urban area, and don't have a car. Everyone else - idk what you are doing.
that is why i am tired of prepaid fee credit card. Many people saying its free trip, its not. You cant outsamrt than company study your spending bahavior. They tell where to spend, how mucb to spend, where to get back and how much it worth it. If they couldnt make huge profits of you, they just change the game either increasing fees or make rules on applying or redeem credit. You never gonna win. Its manipulated market
You would think you are the winner but in credit card game, you are the only fool
it seems like i am slowly moving out of the amex gold demographic for now.
Still don’t make sense. I can get similar even same multipliers on much cheaper and $0 af cards.
are they cash back cards? Which one do you use?@@newagain9964
The best thing to get with the dining credit is a drink like boba or coffee
It’s like usually only 50c extra and I always do pickup
I shop a crap ton at Costco but if you’re trying to find the best meal deals the weekly ad of a grocery store is usually better.
Ex: USDA Choice NY Strip is occasionally $6/lb at Safeway but usually $12/lb at Costco
I dont drink either 😅 except I want to get into coffee 🤔
This is why I use my credit for shake shack or cheesecake.
i do miss me some cheesecake
I was approved for this card but I couldn’t get over the fact that I would be paying $250/yr for a coupon book.
were you pre approved or you applied before finding out it was a coupon book?
Fax. 😂. Amex’s gaslighting is incredible.
But if you do order out a lot then the extra $10 is useful
@@Mi-dk7br but if u order out a lot u losing money. 🤦
@@Mi-dk7br true
3:36 whoa bruh, gotta tip on the delivery too. idk if in the next couple minutes you take that into account or not, but it's a big reason why I never do the delivery option, unless Uber Eats is running their "40% off" delivery promo.
100% you gotta tip. But i wanted to show the price without tipping because i know everyone may tip differently so I wanted to keep it as consistent as I could. I agree that those fees / tips add up and make me not want to do the delivery option.
Love this one, Chase! I have a decision to make on mine very soon and I think I’ve made my mind up.
Is your made up mind: ask for a retention offer??
@@travel.life.dreams got one last year
what card do i use for groceries
@@cupidok2768 Amex gold, cap1 savor1, citi premier or AAA visa
I appreciate you Uncle Luke 🤙🏽 these monthly credits are tiring me out just like all those calf raises and curls in front of the mirror 😂
This is a great video. Since changes to Amex Gold Biz card (taking out shipping), it's been mothballed until I need it for ad spend.
That shipping affected me big time still very disappointed about that
oh ya. that business change was no good 😪 thank you for watching Koby 🤙🏽
Hola Chase!! The Gold Card was a good card and I great bonus in year 1. I cancelled and then literally cut it Live on RUclips! 😂. I couldn’t justify the $250 annual fee especially when I wasn’t using the grocery shopping because I shop at Costco. I love the breakdown in this video. You put it all out there for all of us to see if it works for us.. I just got the Green to see if I actually get more value from it . Thanks again for another great video! Take care!
Lets goooo! we
I believe you did a great job explaining why it may not be worth it for you. I think what may allow you to keep for another year is if they have a retention offer of some kind?
Very true. TBH i should request a retention offer
I get 5X points at restaurants and groceries. And the card I use is $0 annual fee.
which secret card might that be?
- is it capped per month?
The couponing required to ensure value from AF heavy Amex cards (Gold, Platinum, Green, Plat & Reserve Deltas, Bonvoy Brilliant, Hilton Aspire) is making Cash Back the more sensible/hassle free play. For points, accepting 1-2 fewer cents per $100 restaurant spend, the CSP (supplemented w/+1-2 c/100 during the Freedom’s restaurant quarter) frees you from Amex credit slavery.
ya Amex is just milking with the high annual fee credit cards. Imagine if chase had a constant grocery store card too 👀
@@ChaseYokoyama Citi Premier has 3x for both dining and groceries; using that for the overflow after maxing out two Custom Cash’s could be an awesome setup (at the expense of Hyatt transfers and travel protections, as a Cash Back play, it’s nearly set it and forget it).
Leave green out of it. Only decent Amex card (should be 3x travel AND entertainment tho). U only need clear.
@@newagain9964Agree Green is the best value for its AF due to 3x travel and restaurants (like CSP), particularly if you’re already a Clear user. If not, Lounge Buddy can help offset the AF as it refunds paid daily access to lounges have prime time Priority Pass restrictions.
I actually use my AMEX Gold to pay my rent at 4X. I purchase Visa Gift Cards at the supermarket. That has been racking up my MR points fast. Although that add a service fee, it is just added to the overall 4x multiplier and points stacked in such a quick time more than makes up for it.
If u keep that up and AMEX finds out, they will take all your points back. It's called Manufatured spending, and it is highly frowned upon by issuers.
What about the 1 to 2 % fee u need to pay??
@@kirklandguy015 I don't mind adding that cost to the 4x multiplier. Some places such as Staples sell Visa gc without a fee but I don't own a card that will provide 5% at office supply like the Chase Business Ink card. Eventually, I would like to ge that card to replace that rent strategy
Thats solid although MSing aint for everyone
Wait how can you pay rent with visa gift card?
I’ve been back and forth on weather to keep or cancel my Amex gold. I can’t use the credits because of where I live.
if you aren't using the credit then I hope you are spending enough on the card to outweigh the annual fee with just the value of amex points alone.
I just closed my gold yesterday. Sadly I was also denied for the WF Autograph Journey :(
tough luck on the Journey. you can always try again later. but congrats on breaking free from the gold! 🙌🏽
@@ChaseYokoyama Yea, I'll call recon next month when I get the denial letter. But yes, saved a lot on AFs this year ditching all those AMEX cards.
Cap one duo is where it’s at
Whatever it is worth it is never worth the full amount. If some guy knocks on your door and tries ro sell you a coupon book with these crazy monthly credits how much would you pay for thr coupon book?
I'll buy it for $2 max. Take it or leave it
😂 your frig. My trifecta currently are AMEX Platinum; AMEX Gold and Citi Costco Executive. All benefits maxed. For the Gold, just added it back this year for the 4x and while we shop mostly at Costco, Publix gets a good portion of our food budget. Tip! Just used Uber Eats and stacked m Uber credits for takeout at Shake Shack. Uber One helps reduce higher costs a little but $25 in Uber Cash is the real deal when we aren’t traveling. Hadn’t realized the costs are higher; makes sense adding a middleman. I use my monthly food credit by ordering direct. Good video!
Thank you CJ! 🙏🏽 I just need more dining and grocery spend outside of Costco
is the downgrade path for the gold the amex green or is there no downgrade path?
They should make the dining credit unrestricted like the Bonvoy Brilliant has
that would be a lot easier 🙏🏽 please listen, Amex
That’s because brilliant is $695 of whack. It needs unrestricted. Just to fool a few fools.
@@newagain9964 the FNC and Platinum status help it pay for itself as well
FYI, if you grocery shop in person at Walmart you will get the 4x points (Amex gold) but if you order Walmart delivery you’ll only get 1x points. I love me some Costco but wish they took more than Visa
That is not true its still 1x
@@faizpkmn129 in person it’s 4x, I use mine all the time because of it and it shows on my point list
@@faizpkmn129 I snapped a pic showing my points but it wouldn’t let me share but I can lift the text from the pic; here you go…
@@faizpkmn129 Merchandise & Supplies - Groceries
WALMART NEIGHBORHOOD
MARKET
$189.96
Mar 4, 2024
On your statement as WAL-MART
NEIGHBORHOOLAWRENCEVILLE GA
760 Membership Rewards® Points
4X at U.S. Supermarkets
Split It
Plan It®
Plan It®
Divide this transaction into monthly payments for a fixed monthly fee.
you will only earn 4x at Walmart Neighborhood but not at regular walmarts. I also wish Costco took more than just Visa :(
Wells fargo active cash is my goto for costco. 2% back on everything plus 600$ phone coverage at a 0$ annual fee is hard to beat.
thats a good suggestion 👏🏽 i was thinking even the Capital One Venture X because I might start rocking the Capital One Duo
Yeah, I’m getting tired of the coupon book from AMEX most likely I’ll cancel end of the year, the platinum and gold
Couponing is the name of the game for Amex
Yup. Vote with your wallet and feet!
Im fine with the Gold. My family easily runs $1200 a mth on dining + another $700-$800 on groceries so we more than recoup the AF. I don’t even use the credits every month!
sheeeesh Doc 👏🏽 you spend enough to make my AF worth it too 😂 the amex gold is running numbers for you!
really close to closing the card like the reasons you mentioned. Couldn't move the points so stuck for another year
Hope they update it
That update will come...but im scared that it will make the card worse
I saw it wasn’t even worth getting. I only have green and platinum…but there can be only one! Hmm. Prob be plat until I complete my foreign travels in 2025
Sounds like you need a Blue Cash Preferred Amex card for 6X groceries at your local grocery store not Costco
Thanks for mentioning that card, I just looked it up and they have a $250 back after spending $3k in 6months and first year $95 fee waived. I wonder if I could sign up, hit the amount then keep less than a year and downgrade before renewal. I’ll have to look it out.
That is a solid grocery card for general grocery spend. However I practically never shop at any other grocery store at the moment. Therefore I wouldn't be sure if I want a grocery card with an AF.
Those credits are crazy have to go out of way. Spend $5 in gas to use $10 credit
hahah ya especially in LA if you want to drive out of the way for some food in traffic 😂
I guess I am looking at it that I would still be saving $7 of the $10 credit even with the increase cost. Plus the 4x dining and grocery fits my spending habits well.
there ya go 👏🏽as long as it fits YOUR lifestyle thats all that matters.
@@ChaseYokoyama And if that changes I would just use the CPP for dining and Freedom Unlimited for grocery instead.
Or maybe the Bilt for 3x dining and transfer partner Hwn.
Keep us posted on how getting the SavorOne goes! I just tried to apply for the SavorOne myself (I already have the Venture X) and got denied 😕.
You got it! oh nooo. what was the reason for denial if you dont mind sharing?
@@ChaseYokoyama it was due to “number of tradelines opened in last 24 months” and “too many revolving accounts”
@@etaaan_mc ya they are sensitive to new inquiries like that. just give it some time (like a few months) and try again. I had the same reason for denial before but now im in the clear. I was denied sometime late last year when i checked.
🗣️ THANK YOU for talking about the $10 credits. Using those credits on an app you’re paying at least $25 for meal delivery. $10 is a joke credit
its a tough to use credit sometimes for sure
For the $10 can you let it stack throughout the year?
unfortunately you can not
I'm getting the GOLD sometime later this year. I'm walking distance from the Cheesecake factory and Shake Shack. But until then I'm spending on my BIlt for dinning and on my Bonvoy Boundless for groceries
omg that must be so fun to live walking distance to those places 🥲 my body would not appreciate that tho.
You’ll never have to hear these daunting words if you go with the Savor One:
“Sorry we don’t take American Express”
I find this to be fairly rare. What I get hit by is restaurants coding goofy. Like bistros sometimes code as bars or we had food in a zoo restaurant recently and it coded as charity. I find with Chase the 3X dining is usually less nonsense and goes thru. Probably what they use to categorize is a broader range of mcc codes…
😂 😂 😂
Amex cards are perfect for people that travel for work and get reimbursed
Ya Amex targets high spenders
Idk you get at minimum 3x/3% worldwide with no fees if not 5% when using mobile wallets. It’s an expensive coupon book
This is exactly how I use my credits. Ordering food for office meetings then getting reimbursed.
Minus the welcome bonus, I consider the Bilt card a much better dining and travel card than the Amex Gold. Bilt has a baseline 3x on dining, and up to 12x considering (3 base x 2 rent day x 2 transfer bonuses). I never have problems getting Mastercard or Visa accepted at restaurants. I struggle to use the Amex Gold at restaurants with only about a 50% acceptance rate. If they raise the annual fee for any reason, I will surely cancel the Amex Gold.
we are all waiting on the impeding amex gold update 👀 im hoping for the best but expecting the worst. Taking advantage of Bilt's rent day is huge
The Costco factor is annoying, but I can still easily find value in the Amex Gold. The credits are a bit annoying too since you are paying a tiny premium even for pickup orders. Nonetheless, my spreadsheet calcs. confirm that our spending on those two categories definitely justifies using this card (that is...until Amex decides to destroy its value on the inevitable AF increase). I actually enjoy the simplicity (very few people talk about the simplicity). My wife and I both use the Gold for all food purchases (minus Costco, of course).
appreciate you sharing 🙏🏽 i love the fact you got a spreadsheet to calculate the value. if it works for you then keep using it. im soooo anxious to see what amex does with this card
You also receive the 4x on each of these purchases
4x on those two categories is pretty solid
Even if I can utilize all the monthly credits, it’s more like a $100 effective AF card imo so I can’t justify it over 5x at CCC x 2. Probably different if my monthly food bill is higher…
yup the gold card aint suited for everybody. Those CCC cards are nice to have
In Canada we have the Amex Cobalt card that earns 5x on grocery
5x must be nice. except I still couldnt use it at Costco 😭
Working out made you taller?? 🤣
Wait…your healthy meal?! I’m done 😂
it was either that or the Oreos 😳
@@ChaseYokoyama 🤣🤣
You didnt factor in your time or gas if you were to pick it up. Both has value added
yes that is true to get the most accurate answer. TBH i personally will not be going down to that granular detail
U.S. Bank Altitude Go card is 4X on dining.
very true. need that 2x on grocery to be higher too tho.
I like the video, but have suggestions: 1. STOP using Costco, Walmart, Target, and such for groceries. The food is as garbage as it gets. Find a clean store that sell clean food and get the Amex Blue Cash preferred. $6K/year at 6% cash back. If you spend more than $6K/year in groceries, get a 2nd card of the same. At $95/year the math is in your favor. For restaurants, there are plenty of 3% cash back cards, No Amex points for you to trade on it, but getting rid of the Gold Annual fee will be justified at the end of the year. Unless you are making Amex you main set up that cover most expenses and have enough expenses to justify the rewards and credits, it is like throwing money out the window to say "I can". YMMV
ya i like some of your suggestions. i agree there are other great options for 3% back on groceries and/or dining with little to no annual fee. but whaaat? how come the groceries at those stores are trash?
@@ChaseYokoyama Food quality. Look at the labels. Tomato sauce should have nothing but tomato and water at most, pasta should have no more than wheat and water, etc.These large stores are not selling quality food. They are selling bulk cheap food that is even ilegal in a lot of countries due to GMO, cancer causing preservatives, etc. It is beyond me how we allow our own food to poison us. OK, off the preaching box LOL.....
How about using the U.S. Bank Altitude Reserve?
I think that card and its 3x on Mobile payments category is amazing. The $325 travel and dining credit is also super helpful.
Now that i can finanly qualify, it does not seem worth it. I jave a Navy Fed amex card that gives me the same points.
yewww im happy to hear that you found a better fit
Im going with a Citi custom cash duo or trio 🏆 The amex gold SUB is a must though.
the CCC is a great pick 🤝🏽
I get 4x on dining and groceries plus 6x on gas with my $75 Wyndham Earner Plus card… just saying.
Thats pretty good! I also like to look at what I can do with the points as well
Can't justify any coupon credit card anymore. I'm done with coupon system.
im starting to feel your pain with this card ☠️
I cancelled Gold after they switched from airline credit to useless Uber.
we didnt know how blessed we were with the airline credit 😢 but TBF the uber credit does fit the gold card better as being the food card.
@@ChaseYokoyama it was not my restaurant card, since I use Citi Prestige for that purpose. I was using it strictly for groceries, but then I switched to USB AR, then to Citi Premier, and then to Savor One. But now I just use gift cards which I buy at Staples or ODOM or Fluz. I could be using Custom Cash in combination with Curve, but I just buy a GC with it once a month. 9 GCs every month.
Might downgrade the gold to green or cancel if AMEX refresh is lackluster. This might be me in 2025.
unfortunately im assuming they will raise the annual fee and add more credits 😖
Were penny pinching on this video 😂
gotta do what you gotta do to justify the annual fee 🤷🏽♂️ im a frugal person by nature so I dont like spending money on a card that doesnt give me positive value
Couldn't agree more about the amex gold credit.
we will see how Amex stirs things up on this card in the future.
that is why i am tired of prepaid fee credit card. Many people saying its free trip, its not. You cant outsamrt than company study your spending bahavior. They tell where to spend, how mucb to spend, where to get back and how much it worth it. If they couldnt make huge profits of you, they just change the game either increasing fees or make rules on applying or redeem credit. You never gonna win. Its manipulated market
You would think you are the winner but in credit card game, you are the only fool
I can’t justify the Gold card in my town. Only have access to Cheesecake Factory. The platinum card works better for me.
Fair point. Dont stretch to justify a card if you dont have to. I still love my Platinum as well (for now at least....)
Chick Fil A sucks, way over priced even before uber price gouging.
Does it suck cause it’s over priced or does it suck cause it taste bad? 🤔
@ChaseYokoyama both, Popeyes chicken sandwich is better. Try that one out if u haven't already. Has better crunch and flavor.
@@johng.5100no way fam. Chik fil a sandwiches are the bomb! Especially their waffles fries and dips.
Us bank go gets u 4% cashback on dining
that's correct. dining it matches the gold but it earns 2x on groceries.
You were right. Did love this video. Hate blanket blind fanboy-ing.
Thank you! 🤙🏽 I might not be the right customer for the Amex gold anymore
@ChaseYokoyama the dining credit alone makes it not right for alot of ppl. Those restrictions on restaurants alone means most people won't get full $120 value. So the "effective annual fee of $10" that's been parroted across RUclips isn't really real.
What if Amex made Gold 5X for everything and no coupon book. I think many Gold Card holders should voice there opinion and let them know if they cancel maybe they will offer you more points a retention offer to not cancel if ask for retention offer
5x would be cool. im sure frequent diners and grocery shoppers (outside of Costco, Target, Walmart, etc.) would be okay with this change. However since I would still primarily shop at Costco idk if that 5x change would benefit me.
Chase "Problem with the Amex Gold card" Yokoyama 😂
hahah there you are! I missed these comments 🫶🏽
I recommend the U.S. Bank Altitude Go Card - 20,000 Sign Up Bonus Points; 4X all food purchases (includes Costco!); no annual fee. You’re welcome ❤
Thanks for sharing! Are you sure the card earns 4x on Costco purchases?
They're going to increase the annual fee again in 2025 anyway.
i bet all my money that you are correct with this one
Then don’t use Uber Eats just use the Uber credit card
dont want to use uber just for the uber card tho
You cannot use this at Walmart so it is a useless card.
its unfortunate it doesn't code at Walmart. It only codes at Walmart Neighborhood Markets
I get more value using the Wendy's app!
😂 on God lmao.
@@ChaseYokoyama 😂😂
I have the Gold, but after 1 year and getting that bonus, I will be using my Verizon Visa Signature card 4 % on groceries 3% takeouts no annual fee
ya there are so many more options than the Amex gold card. Good alternative Neno! 🤙🏽
Waste of time
its just not an ideal card for me anymore
I agree that look stronger and taller 😂 My family of spends a lot in groceries and love the referrals. Agree with your point of view Chase, great video!🫵
hahah im glad someone else noticed 😂 thank you Cesar!