I Ranked EVERY AmEx Credit Card… Here’s What's Actually Good
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- Опубликовано: 23 июл 2024
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✅ Featured In this Video:
➔ American Express® Cards: rdguarantee.link/AmEx-Cards
💳 My Favorite Cards:
➔ Capital One Venture X Rewards Credit Card: rdguarantee.link/Capital-One-...
➔ Chase Sapphire Preferred® Card: rdguarantee.link/Chase-Sapphire
💬 Credit Card Consulting: rdguarantee.link/Consulting
✏️ My Thoughts:
Historically, American Express has been one of the most prestigious credit card providers. They've always been associated with the wealthy American consumer, had a great reputation for customer service, and come with a certain "prestige" factor that other cards don't. Lately, however, they've come under some fire and been labeled the credit card "coupon book".
In this video I ranked every single American Express personal card, all 17 of them, to see what's good and what's not. Some feature no annual fee and very few benefits, while others boast a crazy high annual fee and try to make up for it with a laundry list of credits and benefits.
Stick around for this in-depth AmEx analysis, in which I rank all of the traditional AmEx cards like the AmEx Green Card, the AmEx Gold Card, and the Amex Platinum card, while I also run through the partner hotel and airline cards they provide with brands like Delta, Marriott, and Hilton.
⏰ Timestamps:
0:00 - Intro
1:01 - Category #1: No Annual Fee Cards
5:51 - Category #2: Low Annual Fee Cards
11:57 - Category #3: Premium Cards
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Capital One:
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
Hertz:
Upon enrollment, accessible through the Capital One website or mobile app, eligible cardholders will remain at upgraded status level through December 31, 2024. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.
I totally disagree with the every day preferred being so low. If someone doesn’t spend much at restaurants and hits that 30 every month, that card is a raging earner. The assessment here that it’s the same card as the blue cash preferred is incorrect, because the everyday preferred gets reward points, the other cash back. I’ve been considering canceling the gold for the every day preferred because I don’t spend as much on restaurants anymore and every single other dollar I spend would get way more rewards than the gold. Getting the credits for the gold is more annoying to me than anything. My Delta platinum can handle flights and restaurants and the every day preferred could handle everything else with the lowest every day dollar getting 1.5.
I've always wondered if you linked your SunPass or EZpass account to an Everyday Preferred if people plagued by daily tolls would almost automatically trigger the bonus every month
If you have Amex Checking it gives more points added to the everyday card
What does it add? I’ve been considering that as well, might be the push I need.
Agree. I thought the comparison of the BCP and EDP as if MR points and cashback were directly equivalent was highly misleading.
@@Adiscretefirm I think the answer is no. At least here in Florida, we have to put money on our EZ Pass account. That counts as one transaction. Then as you are driving, the tolls pull from your prepaid account, not from the credit card.
I'm not here to defend the Everyday Preferred but the reason people might get it is because they think they can get at least 2 cents per point if they transfer them out, Member Rewards people vs cash back people
So then the groceries would still be valued the same at 6x and higher with gas at 4x, I saw it the same exact way, a way to continue earning membership points or even keep membership rewards active.
I personally will rank these three Amex cards as S-tier card:
Platinum
Delta Reserve
Marriott Brilliant
And these two Amex cards as A-tier cards:
Delta Platinum
Hilton Aspire
I actually have all five of these cards but even better, I have the business version of the Delta cards (Reserve & Platinum).
No blue cash pref?
@@daniels6437 I am 100% team travel. However, I always knew about how good the Amex Blue Cash Preferred is. Although I will rank it under A-tier instead of S-tier.
So with those four cards (2x Delta personal) + (2x delta Business) you're already automatically achieved gold in the Medallion Program?
@@TheRDGuarantee If you have all four cards the answer is YES. You get automatic Gold Medallion status every year because each card will give you $2,500 MQDs for a total of $10,000 MQDs. I actually have three of those cards for a total of $7,500 MQDs. I get the remaining MQDs through Delta purchases. I have the two versions of the Delta Reserve and one Delta Platinum Business. These cards pays for the AFs by itself with all the statement credits and Companion Certificate.
@@Leoprieto74 That's awesome. Sounds like you have a really great setup there.
Pretty sure the Blue cash everyday only allows statement credit rewards and not membership travel rewards.
Blue cash every day is S tier imo. Blue cash every day is possibly S but only if you max out in groceries to cover the 95 annual fee (it could be argued the welcome bonus covers it for 3 years though).
I know people like to pile on the Amex Platinum as a coupon card. I actually don't mind it as much.
I'm actually going to cancel the Amex Gold after my first year. The $10 monthly dining credit is hard for me to use. The Ubercash credit is ok since it's automatically loaded into the Uber app.
Might just bite the bullet and get the BCP for that 6% on US Supermarkets/streaming, and 3% Transit/Gas. Easily would make up the $95AF.
Holding the Gold Card for one year is not a bad option at all. SUB + multiplier points then getting out before you get hit with the fee.
I do like the BCP as a transition card for food spending without the commitment of the Gold Card into the future. Thanks for watching!
Good video but… Hilton Aspire as a C???
I appreciate your knowledge and videos. I currently have two U.S..Bank credit cards with only a $15,000 credit limit combined. I'm looking for a card to just increase my overall credit limit. My credit score is currently at 745 no bad marks and perfect payment history. What card would you recommend I was thinking the BCP or Chase or Citi, I'm ultimately wanting a higher starting credit limit and the card will be mainly used as a catch all around town and online like Amazon Prime.
@@davidsharp6939higher limit depending on relationship, for each depends on what value you looking for, cash back or points and eco system, for me would be Amex for higher limits and MR points, but for sure your preference.
@@davidsharp6939get both the Prime and BCP. My wife has the Prime and it's a workhorse but I have the BCP, Gold, Platinum, Delta Platinum and Delta Reserve and use them in tandem with my Hilton Business and my Navy Fed Flagship and PenFed Pathfinder and Discover Miles for travel.
I easily use the $10 credit for Uber and spend $12k on food per year. So gold card works for me
I don't do 12k on food, but more on dining out and I use both credits on GrubHub and Uber Eats since I upgraded from green last year. I wasn't eligible for the Gold bonus, just to upgrade, so I took it. I hear that the Gold fee might be going up and they might add Resy to the mix. I hope not on both. If not, I will either downgrade back to Green or cancel it completely. I have the Blue Business Plus to keep my MR points alive.
I guess all I’m saying is that if you don’t spend a ton at restaurants and hit the 30 uses per month, groceries would be at 4.5 points instead of 4.
Gold card is going to be worthwhile then in my opinion!
I’d really like to see some quality comparison videos on the two in that case. I just don’t see how the gold card outperforms the everyday preferred IF restaurant spending is low and you hit the 30 uses per month. If those two things aren’t both factored, then I’d agree.
MRs are different than cashback
Thinking about the platinum card.
There have been some really high offers the past few months. I'm thinking about getting it for a year
It’s incorrect to claim that the AMEX Gold Uber credit is for Uber Eats. It loads as Uber cash to your Uber account. So it can be used for either rides or Uber eats. So one ride or one pickup meal per month you are good to go.
The dining credit is a little more sketchy. But I just buy lunch once a month at shake shack and call it good.
i agree with you on the gold and plat card but definitely feel like the hilton aspire should be on the same level due to benefits and diamond status and equal playing field with Marriotts top card.
I thought you would rank Hilton Aspire higher than Marriott Brilliant after listening to your explanation lol
haha, I was very torn on the Aspire. I think it could be incredible for a certain type of traveler who will use the $400 statement credits in each year. I don't know how much value that people will be able to recoup with the $200 flight credit divided quarterly. It's not a bad card, I just wish some of the restrictions were lessened on the credit usage.
@@TheRDGuarantee I agree that I think you missed the mark on the Hilton cards. For starters, the Aspire card even if you do a poor job with the credits is still a good card. Likely B-ish range at worst case of use. If you do manage the credits its arguably the greatest credit card value wise on the market. So a C is way too low for a card the community consensus is that its one of the best.
Next, the Surpass you also undersell by focusing on the annual fee and lack of lounge access. You missed the fact the new $50 quarterly credit can be used on gift cards so for $51 every quarter ($1 in fees) you order a physical gift card shipped directly to you. This makes the Surpass a card where Hilton essentially pays you $45 a year to hold it, gives gold status, and after $15000 in spend gives a free night certificate. Insane value.
Both Aspire and Surpass are easy S tier cards.
@@TheRDGuarantee Well I think the one free weekend night alone is already covering the annual fees even if you don't use other credits - any Waldorf/Conrad/LXR hotel weekend night can easily go up to more than $600 (if not $1,000) give or take, and keep in mind that you get the free night in the beginning year you open the card - unlike many other hotel cards giving it to you after paying the annual fee starting from the second year.
Please do same video this all free credit cards
That would be a fun one to make! I'll add it to the list 👍🏼
Aspire is S tier.
I’m sorry the Aspire is a S tier card and arguably the surpass. With the automatic FNC un caped it’s a win. Then on that same stay you can use $200 of the resort credit. No brainer if you ask me. Then with the high earning categories on the surpass it could work out well. Example, I have this card and I allow my daughter to put the spend on it. Last year was as followed…
Monthly spend and MR
$756 gas 6x
$300 groceries 6x
$150 cell phone 3x
$90 miscellaneous 3x
Total spend annually per category
Gas 6x $9072 = 54,432 points
Groceries 6x $3600 = 21,600 points
Cell 3x $1800 = 5,400 points
Miscellaneous 3x $1080 = 3,340 points
Total spent on the card $1,296 a month $15,552 annually
84,772 points.
That equals 1 FNC plus the additional 84k points can be used on 2 stays lower tier hotels. Now everyone’s spend won’t be as lucrative but hey YMMV.
Intro too long. Feels clickbaity.