Tag Archives: American Express

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My Wildly Ambitious 2020 Airline, Hotel & Credit Card Predictions

Good afternoon everyone.  Generally, at the end of the year, I like to review my travel predictions for the past year and make new predictions for the coming year.  After a long streak of poor prediction performance (2018 prediction results, 2017 prediction results, and 2016 prediction results), I decided not to make any travel predictions for 2019.  But my predictions are coming our of retirement / hibernation today.  I really recommend reading the travel predictions that Stephen at Frequent Miler made, especially his top 5 predictions:

  1. Capital One To Add Virgin Atlantic As Travel Partner
  2. Amex Membership Rewards To Transfer To JetBlue On A 1:1 Basis
  3. Free Breakfast For IHG Spire Elite Members
  4. Citi To Allow Card Referrals
  5. Chase And/Or Amex To Increase Referral Limits

I am going to piggy back on his predictions and add a few of my own.  So without further ado, here are my travel predictions for 2020

My 2020 Airline Predictions

  • Alaska, American, Delta, or United will introduce a “Cash and Miles” payment option for award tickets.  Clarification: This is not to be confused with Delta’s “Pay with Points” option where you get 1 CPP for each Delta SkyMiles for paid flights.  I’m thinking more along the lines of the way British Airways and Avianca do it for award tickets.
  • Allegiant Airlines, Frontier Airlines, Spirit Airlines, and Sun Country will announce a merger, but I’m not sure who will merge with who.

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Why Do We Keep 16 No Annual Fee Credit Cards?

Good afternoon everyone, I hope your weekend is off to a great start.  A few days ago, I wrote a post titled I Paid $4,588 in Credit Card Annual Fees in 2019 – Was it Worth it?  In that post, I shared the 21 credit cards that I plan on keeping and how I justify paying the annual fees on those credit cards.  I felt bad for the 16 no annual fee cards that Laura and I have and decided to write a post about them too.  Roughly half of the no annual fee credit cards were downgraded / converted from a credit card with an annual fee.  Besides the rewards that some of the no annual fee credit cards provide, keeping no annual fee credit cards open long term is good for your credit score.  It improves the length of credit history (average age of accounts), which represents 15% of your total credit score.  It also helps with the amounts owed (your credit utilization ratio), which represents 30% of your total credit score.  Lastly, it helps with payment history (paying your credit card bills on time), which represents 35% of your total credit score.  For more info, check out this Doctor of Credit page.

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Image source: https://www.kiplinger.com/article/credit/T017-C000-S002-how-your-credit-score-is-calculated.html

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I Paid $4,588 in Credit Card Annual Fees in 2019 – Was it Worth it?

Good morning everyone.  As we approach the end of the year, I decided to take a look at my credit card spreadsheet and see how much my wife and I paid in annual fees this year.  I removed all the no annual fee credit cards and here are the 26 credit cards that have annual fees (sorted alphabetically).  I will break down this list into cards that I am 99% sure that I will cancel, 99% sure that I will keep, and the 50/50 cards that I might keep or cancel.  Read through this post and let me know if you agree or disagree with my thinking.

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New AMEX App Feature: Split Purchases & Request Venmo or PayPal Payments from Others

Good morning everyone.  I was checking my American Express credit cards on the AMEX App and was shown a new feature where you can split purchases with friends and family members.  You make the purchase on your American Express credit / charge card and then you can request payment from your Venmo or PayPal account.  Supposedly, this is a “seamless way to split payments.”  In this post, I will show you how the process works.

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5 Things to Buy with $100 Away Credit from AMEX Green Card

Good afternoon everyone, I hope you had a great weekend.  If you recently applied for the newly revamped American Express Green Card, you may have seen that a $100 Away credit is part of the sign up bonus.  In this post, I will show you 5 things to buy with your $100 Away credit (even if you do not have / want an Away suitcase).

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