Vancouver Forum: Replying To Best Air Miles Credit Card so far? - Vancouver Forum

Li Areekkal, on Mar 31 2008, 06:02 AM, said:

Li, THANK YOU! This makes the MOST sense for me and keeps the math simple. I too, know MANY people that over spend to flaunt a 50% in reduction on travel. Cold, hard cash works for me too. Thanks for voicing an easy, clear concept.

i think there is some confusion here. there are a few different offers.

first there is Airmiles and aeroplan. these are two different programs.

for airmiles. amex has a no fee airmiles cc $20 =1 airmile.

The catch with AM, on Feb 21 2007, 10:09 AM, said:

Oops, sorry, entered my name then pressed enter and the dumb thing posted.

Anyway, I also want to add my 2 cents here on how STUPID american express is. I applied for the AM credit card and I was approved, they then phoned me and told me everything is great with the app but they just required a copy of 2 other credit card statements proving my mailing address so they would not mail their ax to the wrong address. Ok, fine this makes sense kinda so it was May 6 2008 and I faxed them a visa and a m/c statement both from March 2008. Two days later they phone me and tell me this is not good enough and they want me to find my April 2008 statements!!! I said to the rep on the phone but I thought all you wanted was credit card address verification? Well, we really need to see your most current statements so w will put your app on hold until you find your April 2008 statements and then I remembered this thread which I had read before I sent in my app and I said to the lady on the phone, you know what? forget it!!! Keep your stupid credit card, if you guys are going to give me grief over one month of statements and I'm not even a customer yet, I can just imagine how you will treat me after I become a customer just cancel my application. Then she says "all right, just for the record, you are asking me to cancel the current application in progress?" YES!!!! "Ok, no problem, if you ever change your mind just call us back."

In closing, I really don't think american express is worth the hassle. Get a BMO Mosaik AM card.

horrible customer service with AMEX. Would avoid at all costs.

I was checking out http://www.airmiles-creditcards.net/ and I would say that the American Express Air Miles Gold Credit Card and Gold Mosaik Air Miles Mastercard are the two best choices...

I have an AmEx with up to 2% cash rebate but I'm shopping right now for an Air Miles credit card.

Don't just use your CC for the sake of accumulating miles and make sure to pay off your balance every month otherwise you'll just ended up loosing money on this deal!


@Sephardic-Male
Why are they scam? Can you elaborate?

I have seen people over spending on unwanted things just to accumulate so called points on their credit card. If you see all the enticing offers with annual fee, without annual fee etc., the dollar value is around 1% of your spending. If that is the case, why not get a cash back credit card. So, that you know what exactly you are getting in return in $$ value? In this simple case you know that if you spend $1000 you will get back $10. So, the over spenders who collect points can sit back and think 'Is it worth spending $1000 on unwanted stuff to get back $10?'.
Is it not time to save? Or is it just spend, spend, spend and collect points for a flight to the middle of no where?
Think about it.

Bob, on Mar 17 2008, 09:43 PM, said:

Just be sure to use the cashback after you've gotten the best price for the car. Some car dealerships will trick you into thinking that the cashback reduces your the discount on your car, but don't ever buy that.

Probably the best deal out there that most people have not heard about - sorry, no air miles here - but it's Citibank's "Driver's Edge". You get 2% accumulation on your cc purchases towards the purchase of a new or used vehicle. The best part is that the vehicle can be purchased anywhere...local dealer, private, even from the US and can be any make and model. The real best part - the card is FREE! :D I don't know of any other cc that gives you the equivalent of 2% cash back for no annual fee.

The accumulation is based on a five year window. If you think about how much you spend on your cc each year, multiply that by by 2%, then you can calculate how much you'd get back when you decide to get another vehicle. e.g. If you spend an average of $25,000 in a year, you'd get $500 in the kitty each year. If you wait five years, you would get $2,500 that you can get back in cold hard cash when you buy a vehicle. That's a lot more bang for the buck than any air mile collection program. I've participated for many years and it really works.

credit cards and airmiles stuff are scams i don't see the need to give my money to credit card companies regular everytime i use thier cards. paying credit card bills ONLY make these loan sharks richer and is a waste of time