The Daily Churn š§ Ep 83 - Opening Amex & Chase Cards, Citi 4506-C lock, Eating Inkind & Resy, HELOCs vs PLOCs, Costco Gold
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Oct 3, 2025 The host shares insights on efficiently using Amex Platinum credits for benefits like Lululemon and Resy. Strategies for maximizing restaurant credits are highlighted, with a focus on referring friends for bonuses. Challenges with Chase applications and the upcoming referral policy changes spark discussion. There's a detailed look at HELOCs versus other home equity options, emphasizing lender research. The conversation touches on gold investments, addressing both buying strategies and market risks. Tune in for tips that could enhance your financial game!
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Maximize Amex Platinum Credits
- Use Amex Platinum credits before quarter cutoffs and check which credits are annual versus quarterly to avoid losing value.
- Test creative uses like buying consumables or recurring plans (e.g., Oura subscriptions) to extract full credit value.
Use Resy And Backdated Credits
- Use the Resy (Resi) app to find qualifying restaurants and buy gift cards at qualifying terminals to trigger credits.
- Check transaction vs settlement dates because Amex may backdate credits to the transaction date for last-minute redemptions.
Why Amex Keeps Raising Fees
- Amex designs targeted credits that steer spending into retailers its customers find appealing, which increases perceived card value.
- That alignment lets Amex raise fees because many cardholders will still perceive net positive value.
