Why Carrying Both the American Express Gold and Platinum Could Be the Smartest Financial Move You’re Missing Out On
- Lounge access: If you rarely use airport lounges or don’t spend enough on the Platinum to unlock guest access, you may not get enough value from the card.
- Grocery purchases: If you primarily shop at big-box retailers like Walmart or Target, or through grocery delivery services that don’t code as “supermarkets”, you might not earn bonus points in these categories.
- Statement credits: Assess whether you already spend on services (like Grubhub and Uber) that you’ll receive statement credits for; if not, you may end up spending unnecessarily to “save” money.
Bottom line
The Amex Gold card’s lower annual fee and bonus points on dining and groceries may suit many users, while the Platinum card’s higher fee is worth it for those who can maximize its travel perks.
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