The only thing I can't use where I live is Resy. There are probably 10 locations and I am not going to go out of my way to go to one of the location however, I do travel at least 3 times per year. I will use the resy credit in Miami in November. I am not mad about the refresh!
At first when I saw how few Resy locations there were I was a little upset, but considering you only have to eat there once every six months it seems like a reasonable credit to be able to use in full
Great refresh for me. My annual fee just kicked in and I already got a coffee and donut at dunkin for 6.82. I live in the OC where I can definitely get value from the RESY credit. Great review of the card!
If you’re just focused on travel points there are a bunch of better cards out there. If you want to fill out the consultation form (it’s free) in the video description we can see what works best for you on that goal
definitely some good points. i actually hadnt thought about the gold card changes in terms of the credits i use. last year i only used $100 of the dining credit + $50 amex offers, but no uber cash. So my effective AF was $150. Now with the changes, assuming i use another $100 on the dining credit (which will be easier for me with 5 guys) + at leaset 1 resy credit for $50 (live in DFW so i have some options) + at least $70 for dunkins (there is 1 next to my barber so i usually stop by there 1 per mth anyhow)= $325 - $220 = new effective AF of $105 assuming 0 amex promo offers.. Thus, im better off with the changes. not to mention i use the hell out of that 4x grocery category 🙂
My AMEX Gold card renews in August. Does that mean I’m locked in at $250 until next year? Also, do the Resy benefits start on July 1st and the next one on January 1st, 2025? Thanks for any feedback and info…
Hey Ryan and Shawn, I'm seeing something different. From the AmEx press release: "For existing Card Members, the new annual fee will take effect on the Card Members' annual renewal date starting October 1, 2024 on a rolling basis." I'm interpreting this to mean that if your annual fee hits between today and September 30, you'll pay $250 and be good for the entire next year at that rate.
I'm not convinced that you need to use the Dunkin, etc. benefits to make it worthwhile over a 3x card. I believe my household will spend $14000 on groceries and $5000 on restaurants this year. If the value of a point is $0.02 (and it should be if transferring to partners), then I would earn $1520 at 4x and $1140 at 3x, a difference of $380.
Thanks for watching! Yes, it sounds like you're just above the "breakeven" point. Those who spend what you do or more can in theory not worry about any of the AmEx Gold credits. However, if you are able to use them naturally throughout the year then you're saving even more money.
The only thing I can't use where I live is Resy. There are probably 10 locations and I am not going to go out of my way to go to one of the location however, I do travel at least 3 times per year. I will use the resy credit in Miami in November. I am not mad about the refresh!
At first when I saw how few Resy locations there were I was a little upset, but considering you only have to eat there once every six months it seems like a reasonable credit to be able to use in full
@@TheRDGuarantee For sure!
Great refresh for me. My annual fee just kicked in and I already got a coffee and donut at dunkin for 6.82. I live in the OC where I can definitely get value from the RESY credit. Great review of the card!
Oh wow! This sounds like a perfect fit for you. Love the use of the Dunkin credit already 👊🏼
I don’t really care too much for the Resy and Dunkin credits, I really just want the travel Points, would you still recommend this card?
If you’re just focused on travel points there are a bunch of better cards out there.
If you want to fill out the consultation form (it’s free) in the video description we can see what works best for you on that goal
definitely some good points. i actually hadnt thought about the gold card changes in terms of the credits i use. last year i only used $100 of the dining credit + $50 amex offers, but no uber cash. So my effective AF was $150.
Now with the changes, assuming i use another $100 on the dining credit (which will be easier for me with 5 guys) + at leaset 1 resy credit for $50 (live in DFW so i have some options) + at least $70 for dunkins (there is 1 next to my barber so i usually stop by there 1 per mth anyhow)= $325 - $220 = new effective AF of $105 assuming 0 amex promo offers..
Thus, im better off with the changes. not to mention i use the hell out of that 4x grocery category 🙂
Really like this video. Appreciate your "real life" valuation! It's important not to over value these coupons.
I know everybody's is different but I wanted to share how I think about these credits. Maybe some people will take a similar approach! Thanks!
Grabbed mine at $250 AF no loss for me! ✊💳
Awesome! Should be a great value especially at that rate!
My AMEX Gold card renews in August. Does that mean I’m locked in at $250 until next year?
Also, do the Resy benefits start on July 1st and the next one on January 1st, 2025? Thanks for any feedback and info…
No if you had your anniversary prior to the AF increase you were good. Since the AF changed you will be billed for $325.
Hey Ryan and Shawn, I'm seeing something different. From the AmEx press release:
"For existing Card Members, the new annual fee will take effect on the Card Members' annual renewal date starting October 1, 2024 on a rolling basis."
I'm interpreting this to mean that if your annual fee hits between today and September 30, you'll pay $250 and be good for the entire next year at that rate.
@@TheRDGuaranteeThat is a good deal!
I'm not convinced that you need to use the Dunkin, etc. benefits to make it worthwhile over a 3x card. I believe my household will spend $14000 on groceries and $5000 on restaurants this year. If the value of a point is $0.02 (and it should be if transferring to partners), then I would earn $1520 at 4x and $1140 at 3x, a difference of $380.
Thanks for watching! Yes, it sounds like you're just above the "breakeven" point. Those who spend what you do or more can in theory not worry about any of the AmEx Gold credits. However, if you are able to use them naturally throughout the year then you're saving even more money.
I ❤ the updated Amex Gold card. Love Resy, Five Guys, and yes, even Dunkin. Don’t Live Life Without it.
Sounds like the perfect fit.
@@TheRDGuarantee Absolutely 👍
I agree the card much better now I was cancelling till I saw the new changes
@@Usmc031189Yeap 👍. Happy Friday.
I cancelled… not worth it for me specifically
It's hit or miss! If it doesn't fit within your normal day to day life, no point in forcing it.
i hate it.
While many are saying they love it, it also seems like you're not alone in feeling the way you do.
Overrated card