hottakes

American Express (esp Platinum) is insanely overrated

Founding team @pods | Engineer | Farcaster OG #481

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The $200 hotel credit is definitely laughable when you actually look through the list of eligible hotels 😅

Curious what you like about the Venture X? Might consider applying.

Don't even get me started! 😅 

At a high level:

- It's a glorified coupon book: you have to put in work to recoup the value, and even then, the annual fee dwarfs it.

- It's an outdated status symbol that too few people re-evaluate from first principles in 2024/2025.

Could literally write 10,000 words on this topic and break it down way further, but suffice it to say, I have or have tried all of the premium credit cards and I'd take a Venture X or even a Sapphire Reserve wayyyyy before an Amex Platinum.

It's just so hilariously off the mark. SoulCycle/Equinox? Cool... airline credit? Only for incidentals. Hotel credit? Only at very expensive hotels where that amount of money is a rounding error.

Could go on and on, I don't know what they're doing over there 😑