3 ms·

Where’s my perks? Lounge access? Hotel discounts? No reason for me to switch from my AMEX or Costco card for puny Apple points. Unless I missed something.

• LikeAnElephant 8y ago
  IMO those kinds of things come out as less financial benefit than just getting cash back. The exception is for people who travel quite a bit. For me personally, getting ~2% cash back on every purchase would be better than a moderate discount when I actually need to stay at a hotel. Just depends on your situation.
  • vinay427 8y ago
    You're assuming those people use that card. In my experience, very few use an AmEx Platinum, etc. for most of their everyday purchases, because that wouldn't make sense. You can easily get more than 2% on every purchase (with 4-5% on a majority for some people) if you can make use of travel rewards.
• qntty 8y ago
  2% is pretty good for a card with no annual fee. You can get more if you use a card like Chase Freedom and keep track of your spending categories, but I don't know of any no annual fee card with more than 2%. Citi Double Cash is the only other 2% card I know of.
• simonsarris 8y ago
  The perks aren't great for someone with good card(s) already. Actually, they aren't great to the marginal consumer (who doesn't have any cards yet) either. Square's Cash App card gives 10% off at Trader Joes/Whole Foods/Kroger plus discounts at a host of fast food places, and can be gotten by anyone, even without a bank account or credit check or anything. The downside is its a debit card, the plus is that the rewards compete with A+++ credit cards.