peterincanberra
Junior Member
- Joined
- Jan 22, 2011
- Posts
- 12
I've spent a few hours today reviewing my current choice of credit cards. Much of the time has been reading posts on this site which have been very useful. A big thank you to everyone who shares their experiences and knowledge.
I currently have an Amex Platinum Edge and a Velocity Flyer Visa with my wife as a secondary card holder on both. We only use the Visa where Amex is not accepted. Last year I put through about $27.5k on the Amex and $36.5k on the Visa. The Amex got me about 55k Ascent points (41k from 3pt/$ on groceries) and the Flyer got me about 27k. When I originally got the Flyer a couple of years ago, I didn't expect to go over the monthly $1500 threshold which drops points from 1pt/$ to 0.5pt/$. I then forgot about it and have now realised that I exceeded the threshold in all but one month last year - damn.
We intend to use my points for travel with Virgin and Singapore Airlines.
The Amex Platinum Edge still seems like a good deal for me as effectively I am getting about 2pt/$. I've looked at a few of the other Amex cards (from both Amex and others) and have not found a better one. The free flight is useful.
The Flyer is not getting me as many points as I had hoped. I have the option of upgrading to the High Flyer which last year would have given me another 18.5k points for the extra $160 annual fee. This year it will be even higher as I am now paying my childcare fees via Bpay (without incurring any credit card surcharge which I do incur if I pay at the childcare centre). I do use the 2-for-1 flights with the Flyer card.
My annual income is a bit short of the $120k for Citibank Select though that may change in the next year or so, so I'll review that option then. The decision would be heavily influenced by whether the sign-up bonus was still available.
So in short, I intend to stick with the Amex Platinum Edge and upgrade to the Velocity High Flyer. Based on the information above, does anyone think there is another credit card that I should look at?
Thanks in advance for any responses.
I currently have an Amex Platinum Edge and a Velocity Flyer Visa with my wife as a secondary card holder on both. We only use the Visa where Amex is not accepted. Last year I put through about $27.5k on the Amex and $36.5k on the Visa. The Amex got me about 55k Ascent points (41k from 3pt/$ on groceries) and the Flyer got me about 27k. When I originally got the Flyer a couple of years ago, I didn't expect to go over the monthly $1500 threshold which drops points from 1pt/$ to 0.5pt/$. I then forgot about it and have now realised that I exceeded the threshold in all but one month last year - damn.
We intend to use my points for travel with Virgin and Singapore Airlines.
The Amex Platinum Edge still seems like a good deal for me as effectively I am getting about 2pt/$. I've looked at a few of the other Amex cards (from both Amex and others) and have not found a better one. The free flight is useful.
The Flyer is not getting me as many points as I had hoped. I have the option of upgrading to the High Flyer which last year would have given me another 18.5k points for the extra $160 annual fee. This year it will be even higher as I am now paying my childcare fees via Bpay (without incurring any credit card surcharge which I do incur if I pay at the childcare centre). I do use the 2-for-1 flights with the Flyer card.
My annual income is a bit short of the $120k for Citibank Select though that may change in the next year or so, so I'll review that option then. The decision would be heavily influenced by whether the sign-up bonus was still available.
So in short, I intend to stick with the Amex Platinum Edge and upgrade to the Velocity High Flyer. Based on the information above, does anyone think there is another credit card that I should look at?
Thanks in advance for any responses.
