Why Keep Two Premium Rewards Cards

Why Keep Two Premium Rewards Cards

Source: The Points Guy

Summary

The author of the article has both the American Express Platinum Card and the Capital One Venture X Rewards Credit Card, and they explain why they keep both despite the high annual fees. The author values the cards’ transferable points and miles, airport lounge access, and statement credits. They also appreciate the cards’ earning rates, with the Venture X offering at least 2 miles per dollar spent on everything, and the Amex Platinum earning 5 points per dollar spent on flights booked directly or through Amex Travel. The author also makes use of the cards’ statement credits, including the Amex Platinum’s $200 airline fee credit and the Venture X’s $300 annual travel credit.


Our Reading

The escape is carefully planned.

With two premium travel rewards cards, the author has access to multiple airport lounges, including the American Express Global Lounge Collection and the Capital One lounges. They also earn valuable points and miles, including American Express Membership Rewards points and Capital One miles. The author makes use of statement credits, such as the Amex Platinum’s airline fee credit and the Venture X’s travel credit. The cards’ earning rates are also a major perk, with the Venture X offering at least 2 miles per dollar spent on everything. The author’s wallet is stronger with both cards, and they confidently state that the perks on these two cards pair exceptionally well.

The “hidden gem” of airport lounge access is revealed to be a carefully planned perk.


Author: Evan Null