Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
I'd love to hear your thoughts on Bilt 2.0! Here are my thoughts...
$0 fee version: Option A
Reasons: 1) Higher 1.5x multiplier on non-category spend, 2) Option B's 2x on gas/groceries/dining doesn't stand out compared to what's offered on other cards
$95 fee version: Option A
Reasons: 1) 5x on Walgreens instead of 3x can be broadly useful (e.g. household items), 2) Option B's 3x on dining is equaled or by other mid-tier cards
$550 fee version: Option B
Reasons: 1) (Slightly) higher 1.25x multiplier on rent and mortgage
General Thoughts:
- For the $95 and $550 fee cards to be competitive, the credits can't be too restrictive or difficult to use. Let's PLEASE not have them broken down as quarterly or monthly credits. However, I wouldn't be surprised if they are, since Bilt clearly wants cardmembers to use the Bilt card for everyday spending.
- I'd be more interested in the $0 fee version and maybe the $95 fee version if the credits aren't difficult to use. The incremental benefits on the proposed $550 fee versions (Priority Pass, hotel credit) aren't overly attractive since they are found on several other premium travel cards. Of course, with the extra 0.25x multiplier on rent and mortgage, people with very large rent or mortgage payments can certainly justify $550 fee option B mathematically.
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Hey guys, wanted to share this awesome video from PolyMatter. Previously, I thought that people who don't carry credit card balances and who maximize rewards aren't profitable for credit card companies. This video dispels this notion, highlighting merchant fees and the psychological impacts that credit card rewards have on our spending habits.
Wish everyone a Happy New Year and great start to 2025!
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📣 REMINDER that Air Canada Aeroplan's 40th anniversary promotions are ending tomorrow July 17. Here's the direct link to the promotions: www.aircanada.com/us/en/aco/home/aeroplan/promotio…
💳 One of the promotions is related to the Chase Aeroplan credit card. If you've never had the card before and apply by July 17, you'll earn 40% bonus points on all eligible purchases for 40 days, up to $40,000. The first purchase must be made by August 31. The card offers 3x points at grocery stores, restaurants, and purchases made directly with Air Canada, so those will become 4.2x multipliers!
Current cardholders can also earn 40% bonus points for all purchases made today and tomorrow, July 16-17.
📽️ To learn more about the Chase Aeroplan card and why I think it's an (almost) perfect airline card, check out this video here.
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Here, we nerd out about credit cards and have fun with it!
I think everyone can use credit cards to get tremendous value and enjoy experiences that wouldn’t be possible without them. Join me as I talk about all things credit cards.