AmEx just applied for the trademark “Tier One” so that is pretty good news for a new card to appeal to those left on the sidelines due to Chase being strict to 5/24. Lots of buzz about it on reddit r/churning and also here, apparently all leaked by a drunk AmEx employee in Manhattan. I’m going out in the field with beer in hand by 200 Vesey Street New York, NY 10285 for the details regarding the big reveal on Oct 5!
Edit on Oct 5: Turns out the new deal is 5x points on airfare with AmEx Platinum, a bit disappointing, but certainly an upgrade from their single category of 2x point on booking trips with AmEx travel services. I hope there is more, On Reddit someone wrote a script to find some photos of cards the site uses. I noticed a blue cash card that has a green square in the middle, hope that is some sort of new card coming. I’m just surprised there would be such an anemic response to the ever growing CSR hype.
If there is a card I would go for it would indeed be one that would give cash back for travel, lets say 4% for Hotels, Airfare, Taxis, parking much like CSR. Would would be nice would be some cashback on Amazon. Since I am transitioning to cashback, I went ahead and got the Costco Anywhere Visa Citibank card for:
- 4% cash back on eligible gas worldwide, including gas at Costco, for the first $7,000 per year in gas purchases and then 1% thereafter.
- 3% cash back on restaurant (including cafes, bars, lounges and fast food restaurants) and eligible travel purchases worldwide, including airfare, hotels, car rentals, travel agencies, cruise lines and Costco Travel.
- 2% cash back on all other purchases from Costco and Costco.com.
- 1% cash back on all other purchases, including the non-qualifying purchases listed above.
The 4% on gas will be replacing my Blue Cash Preferred since I only get 3% with that card. The 6% on groceries using the Blue Cash will now be its only use. My non-category spend will be the flat 2% from Gold Luxury Card.
What we all can learn is never trust a drunk girl in NYC, she might not have the inside scoop. I am intrigued by the Tier One Green Cash Rewards card that I entirely made up just now using a bunch of random rumors.