I'm about to make a $60k purchase and Amex is available as a payment method for a 1.04% surcharge which I thought is quite fair. I have a platinum charge card so I entered the amount in the spending power tool in the online portal and it gave the ok.
Do you think it's worthwhile to be paying ~$600 in surcharge to get 135k in Amex points? Just seems crazy to me because I've never paid such a huge amount of surcharge just to get points.
My endgame is to redeem the points for business class flights for the family. Based on a redemption rate of 3:1, I'd be getting 45k Krisflyer miles from this purchase which is worth ~$855 based on Pointhacks valuation of 1.9c per mile. So I think it's worthwhile to pay using Amex even with the surcharge. Am I missing anything?
Do you think it's worthwhile to be paying ~$600 in surcharge to get 135k in Amex points? Just seems crazy to me because I've never paid such a huge amount of surcharge just to get points.
My endgame is to redeem the points for business class flights for the family. Based on a redemption rate of 3:1, I'd be getting 45k Krisflyer miles from this purchase which is worth ~$855 based on Pointhacks valuation of 1.9c per mile. So I think it's worthwhile to pay using Amex even with the surcharge. Am I missing anything?