Ah, I'm planning on using the AA GC.anon_investor wrote: ↑Fri Jan 14, 2022 1:12 pm$100 AA eGC will net $3.50 cash back, you can sell it at Card Cash for $80. $95 annual fee minus $83.50 equals net $11.50 annual fee.Kaizen Soze wrote: ↑Fri Jan 14, 2022 9:58 amEffective $11.50/yr fee? Not following that math. I'd prefer to downgrade and earn another $500 SUB. Besides Global Entry (which I already get with my other cards), what benefit does the PR have over the customized or unlimited cash cards?anon_investor wrote: ↑Thu Jan 13, 2022 7:28 pmYou don't think the effective $11.50/yr fee for the PR is worth it?Kaizen Soze wrote: ↑Thu Jan 13, 2022 2:43 pmI purchased a $100 AA GC on 1/4 and haven't received the credit yet. I just checked my account and the benefit hasn't reset even though the "?" additional info states "$100 annual maximum credit resets on January 1 each year."
I tried to call, but was on hold for 15min. and needed to drop. I really dislike that they don't tell you the estimated hold time or have a call-back service.
I'm probably going to downgrade the card next month when my AF hits. Is there a limit on how often you can earn the $500 SUB? My strategy is to sign-up for premium rewards and then downgrade to a cash rewards after a year. How long should I wait before signing up for the next Premium card? Long game is to have 4 cards (3 customized cash rewards and 1 unlimited cash rewards)
Update: my airline credit reset today and already shows the 1/4 transaction as being applied. I haven't received the $100 credit yet.
Benefits over UCR and CCR are:
-no foreign transaction fee
-unlimited 3.5% cash back on dinning and travel (any substantial travel costs easily blow past the quarterly cap for CCR)
-some travel and purchase protection insurances
Personally I use up all of my 2x CCR quarterly caps on Costco, Home Depot, groceries, online shopping. So the PR is nice to capture 3.5% cash back on dinning and travel.
I think there is at least a 2 year wait between canceling the PR and getting another sign on bonus.
The travel rewards card has the same benefits as the unlimited cash back + no foreign transaction fees.
I guess my spend is just lower. With multiple cash back cards, could you change the category on a lesser used card after hitting the cap on another card?