AMEX rejection

[lovestotravel]

I don't understand why people still apply for Amex, unless they travel A LOT to justify paying a lot for their travel insurance.

Their points -> airline conversion is no longer great, and bonus points are worth a lot less, not to mention that it is not as widely accepted as Visa/MC. Now their bonus points offer is actually inferior to banks when airline conversion rates are taken into account.

So what card offers the same or better rate when transferring to QF or SQ ?

 

[Rich]

I don't understand why people still apply for Amex, unless they travel A LOT to justify paying a lot for their travel insurance.

Their points -> airline conversion is no longer great, and bonus points are worth a lot less, not to mention that it is not as widely accepted as Visa/MC. Now their bonus points offer is actually inferior to banks when airline conversion rates are taken into account.

We have the Qantas Ultimate card (happy to give you a referral link ) which costs $450 a year. 1.25 pts per dollar for first $80k spend then 1 pt. That's 20k of points more than the 1 pt cards. You get a $450 travel credit - a bit annoying to use but that is countered for us by a few cash back offers making it cost neutral in my view.