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Originally Posted by mjbgalt
Thanks longbob, I did not know that distinction. I have seen too many families really hurting from debt. It still seems silly but if you can make it work for you, then so be it.

Pat85, you're right...my limitations are different than the next guy's. Not trying to start a fight, just hate seeing good people get sucked into a game they thought they could win.


You are right about families getting punished by debt and it is good that you actively council them against getting in that trap.


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Amex is for business travelers. I never carried one but my stepfather did when I was younger. He’d be in three cities in a day and wining and dining bigwigs at large banks mostly. He’d run up over a hundred grand some months. Best itemized billing and the flight and hotel upgrades were great. President of the company started taking the points. That was the beginning of the end for that company and my stepfather. It used to have to be paid in full every month. He’d be in New York working and suddenly need to be in Chicago by the afternoon. One call and Amex would arrange a flight and it would be an upgrade from business class to first. Welll worth the small fee.


‘TO LEARN WHO RULES OVER YOU, SIMPLY FIND OUT WHO YOU ARE NOT ALLOWED TO CRITICIZE’

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You are the carbon they want to eliminate !

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Originally Posted by mjbgalt
Thanks longbob, I did not know that distinction. I have seen too many families really hurting from debt. It still seems silly but if you can make it work for you, then so be it.

Pat85, you're right...my limitations are different than the next guy's. Not trying to start a fight, just hate seeing good people get sucked into a game they thought they could win.


If you have serious net 30 days expenses, one can make these reward cards really work in their favor. A local John Deere dealer cancelled all in house accounts. No problem, now every thing gets charged on the AMEX card. Doesn't matter if I pay them in thirty or AMEX, at least with AMEX I get points.



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If someone is too stupid to weigh the fee against what they get for it, I don’t know what to say. It’s much like the decision to join a gym. Can you workout without joining a gym? Of course. Does it mean you are stupid to pay for a gym membership? No, as long as you deem you get more value out of it than you paid. Same for a card or a Sam’s club/Costco membership or anything else in life. Apparently some just don’t get it.

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AmEx also has a basic, no fee card for us peons.


Wife and I use it for pretty much everything.


I like the fraud alert texts for 'card not present purchases'.



It's been years since I actually called them but an English speaking person answered the phone.

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Karl Malden used to do their commercials.

I was about to go pheasant hunting with him and he up got ded

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He was in that Streets of San Franchisco. Pretty good Boomer cop show

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I had to google the man.


Remember the commercials now.


Don't leave home without it!

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Originally Posted by slumlord
He was in that Streets of San Franchisco. Pretty good Boomer cop show



Is he the guy who's nose look like a set of ass cheeks?



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Originally Posted by Pat85
Originally Posted by slumlord
He was in that Streets of San Franchisco. Pretty good Boomer cop show



Is he the guy who's nose look like a set of ass cheeks?

I’d have to look him up

Was a beak of a nose for sure

I was about 7 years old and ai had to watch what the fuggin old people watched.

If I got reqlly bored, I fired rubber bands at my grand daddy’s sleeping doberman. That big ol black leathery ball sack spilling out from under the doggie blanket was a bullseye

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Originally Posted by slumlord
Originally Posted by mirage243
I see there aren't many business owners here, even though everyone thinks they're so smart. Amex makes their money from the businesses that accept them. Ask me how I know. I finally started adding 3.5% to any bill paid with a C/C. Don't like it? Write me a check or hand me cash. My C/C fees used to run me 3-4k a month, now they are zero.


I watched a guy in front of me last year pay his property taxes with a credit card. He paid like an extra $1300. Which, that’s just the way it is. They county isn’t going to just eat the fees.

I thought dayum baller...you should write a check. Guess he didnt have the money



That must have been a pretty big property tax bill.

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I was genuinely curious if your situation changed. Wasn't trying to make you sound like a loser.

The card has serious advantages for business use. As I said, companies don't want employees carrying 5-6 figures worth of cash to take an Amazon exec out for the night.


Me



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Good for business use. Last I heard military gets the card without the fee.

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My next door neighbor owns a local tire shop and does the same thing.

Tacks on 3% if you use a card.

The local hardware store simply does not take AmEx as I guess their fees are higher.




Years ago my dad tried to buy a used loader tractor with a credit card. John Deere dealer said no way Jose....lol

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Originally Posted by Teal
I was genuinely curious if your situation changed. Wasn't trying to make you sound like a loser.

The card has serious advantages for business use. As I said, companies don't want employees carrying 5-6 figures worth of cash to take an Amazon exec out for the night.


Fair enough.

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I know a guy who put 4 years of college at Marquette University on his Amex for his daughter. Was the roommate of my best friend.

Bam - paid in full.


Me



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Wow. Bet there were some points on that!

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Read an AMEX offer once years ago. Tossed it when the text included a fee. Tossed a pile of similar unopened mailing since. Have been happy with my Visa and Discover (mostly Discover) for years. Never knew or thought to look at the advantages or niche that AMEX provides. I understand now.

Was t that long ago I read AMEX became “woke” or some such. Seems to me there was an outcry from customers cancelling their cards. Don’t remember the story exactly, just glossed over it quickly and thought about why they even mattered. Now I understand the benefits for those who are able to access its advantages. Reminds me of paying Sam’s club for the privilege to shop at there stores. Not for everyone, advantage for some.

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Kid I went to school with, his daddy had coal money. When we were 17 he got a new Corvette on Daddy's Amex card. None of us had ever heard of anything like it.

Then a couple years later, Daddy died of a heart attack and Kid ended up hooked on Oxycontin.

The moral of the story: Corvettes have schìtty leg room.

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Originally Posted by auk1124
Kid I went to school with, his daddy had coal money. When we were 17 he got a new Corvette on Daddy's Amex card. None of us had ever heard of anything like it.

Then a couple years later, Daddy died of a heart attack and Kid ended up hooked on Oxycontin.

The moral of the story: Corvettes have schìtty leg room.


laugh laugh

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