Below is the Video Transcript:
My objective is to dig in a bit deeper on some.
of the concerns that I mention in that previous video. Before we jump in, if youre new here, welcome.
to our channel. Trip Astute is a travel channel that is focused.
on sharing methods to make travel much easier, budget-friendly, and more enjoyable. Traveling can be demanding and pricey,.
Were looking for ways to assist you maximize your experience through travel suggestions, points.
and miles, and innovative gear. If that sounds interesting to you, please.
think about subscribing. For the sake of simpleness, Ill cover 6.
enhancements that I want to see from Chase, and after that another six that I wish to see from.
American Express. So, lets begin with Chase. 1. Bonus classification for groceries and fuel: This.
is one area that I wish Chase would resolve in their cards. Chase does not have any Ultimate Rewards.
making cards that earn a bonus for groceries aside from the Chase Freedom, which has a.
5% rotating bonus offer categories every quarter.
Since this can be a substantial expense classification.
for a lot of folks, I believe Chase is missing out on a huge opportunity. For instance, I probably would not have actually used.
for the American Express Gold Card last year if Chase had an equivalent card for grocery.
costs, and I think a lot of you remain in the very same boat. Im still on the fence on whether.
Ill keep my Gold card. Today, Im favoring canceling.
it and renewing my old grocery and fuel card, the American Express Blue Cash Preferred. Im likewise mentioning fuel given that Chase does not.
have a personal Ultimate Rewards earning card that has a fuel benefit, unless you count the.
Flexibilitys rotating benefit classification.
When I think of the versatile points programs
from Chase and American Express, Im usually delighted and positive about it. I know collaborations change all the time and
point programs get decreased the value of. These two programs have proved to
be extremely valuable for a lot of tourists in the points and miles hobby. Though, theres constantly space to improve. Hey everyone, hows it going? Its Ernest from Trip Astute. In this video, I wish to review some wishlist
products that I would enjoy to see executed by both Chases Ultimate Rewards and American
Express Membership Rewards program. Im hoping todays video does not come
throughout as a tirade. Rather, I just wanted to share some thoughts
on manner ins which I believe both Chase and American Express can improve their respective flexible
points programs. if you desire to see how I rank the two programs
take a look at our previous video on the subject. In reality, I would consider this video as almost
a sequel or retrospective video on both programs, which ideally helps if youre.
trying to figure out which one might best serve your requirements.
They do have 2X bonus offer on the Ink Business.
Money card, but I understand a great deal of folks might not qualify or be interested in getting an organisation.
charge card. 2. Apple Pay for Ink Business credit cards: This.
is one that entirely baffles me. I do not understand why Chase appears unwilling to.
enable Apple Pay on their Ink Business cards. I actually posted this question on Quora a.
couple of months ago to see if anybody had an answer, and somebody pointed out that they believed it.
may be since organisation accounts tend to be multi-user. American Express seems willing to do.
it, so I cant picture why couldnt be provided for Chase too. Ive had a couple of occasions where I forgot.
my Ink Business Cash card at house and wished to make a workplace supply shop purchase. I could if it was readily available on Apple Pay.
have actually quickly used the card. Rather, I lost out on the bonus.
3. A premium “Ink Business Reserve” card:.
I did an Aprils Fools post on a new Ink Business Reserve card with all sorts of insane.
advantages, and I know I had the ability to fool a couple of folks. I do believe that Chase is missing out on a chance.
to catch a particular segment … especially business travelers and roadway warriors. I would enjoy to see a premium organisation card.
from Chase that could contend versus the American Express Business Platinum card. Perhaps with more lounge options, CLEAR program.
repayment, wifi, and other business-related benefits.
Im hoping one remains in the works. Considering that Chase did report a preliminary loss.
due to the Sapphire Reserve, Im wondering if they are hesitant to release a card with.
numerous advantages. I guess well need to see! 4. More flat-rate money back offers: Ive pointed out.
in a couple of videos how I much I enjoy the method that American Express does their offers. Weve utilized them sometimes, and Ive been.
amazed by just how much weve conserved on purchases by earning cash back or points. Integrate it with a shopping website, and youre.
frequently able to double dip in rewards. While I value that Chase has gone into.
the offers game, Im not insane about the way they structure them.
Many of the offers are for a portion back. Most of American Express uses tend.
to a flat-rate cash back offer, which I discover to be a lot more attracting. I would state focus if I could recommend Chase.
on these kinds of deals as I think they are a lot more engaging. 5. Extra lounge alternatives: I understand that the.
Top priority Pass lounges that are provided through the Sapphire Reserve are a bit hit or miss out on,.
depending upon the place. With all the reports of lounges getting overcrowded,.
it would be valuable to have more options. And obviously, Chase cant take on.
American Express Centurion lounges, which is an engaging reason to get the American.
Express Platinum card if you frequently take a trip through airports that have them. Chase does have airline company relationships,.
and I d enjoy to see them integrate lounges from United, Virgin Atlantic, British Airways,.
and Air France. And even including other private lounge networks.
to their list of lounges would be great.
6. Less limiting guidelines: It does seem like.
Chase has the most restrictive unofficial application rules of all the issuers. Between 5/24, 2/30, and the four-year bonus offer.
restriction for Sapphire cards, its truly made complex and frightening for those of.
you who are new to charge card benefits. I understand that lending and underwriting is a.
complicated company and they need to handle their risk profile, however I want they would not.
make it so tough to get their cards Ok, so perhaps I am being too important.
I believe if they increased the rate to 1.25.
cents per point, they would see a lot more usage of their website. Also, American Express could better.
redemption choices. For the majority of people, youre restricted to point.
transfers to airline companies in order to optimize your per point worth. I d love to see American Express use more.
financially rewarding hotel transfers and additional redemption options like trips and experiences. Speaking from my individual experience, I actually.
struggle with finding methods to redeem Membership Rewards points for many trips. Far, its primarily long-distance company.
and first class flights where I have the ability to get decent value from the points. 3. Travel reward category on their Gold and Platinum.
card: American Express is the original travel charge card company. Ironically, they dont offer a basic.
bonus offer category for travel on their 2 biggest cards.
I just think that Chase could actually.
increase the value proposition by making a few of these changes. To be truthful, the Chase Sapphire Reserve does.
feel a bit dated nowadays, particularly next to the American Express Platinum and Citi.
Prestige which seem to get their benefits refreshed more frequently. I honestly believe that Chase might truly improve.
their leading premium cards by adding some additional important advantages. So what about American Express? Yeah, I have a whole list for things that.
I would like to see on their cards too. No charges to transfer Membership Rewards points:.
American Express charges a portion when moving indicate domestic providers. I feel like this prevents a lot of people.
from even attempting it. Sure, you can calculate how much its worth,.
and sometimes, its most likely worth the cost. I simply dont like the principle.
The Platinum card does earn a benefit for acquired.
flights, but when you think about how much qualifies as a travel expenditure with Chase, it feels like.
a lost opportunity. And given that American Express is trying to convey.
a brand name image of high-end and travel, I think they should cater to consumers who are spending.
cash on travel. A typical travel situation is eating at.
a restaurant that might be part of a hotel or resort. In those cases, youre often not exactly sure how.
the charge will encode on the card. It might show as eating in restaurants or hotel. Having a travel reward category together with.
eating in restaurants gets rid of that inconvenience.
Its like being charged a benefit charge.
when you understand its something relatively basic and uncomplicated (like buying an event.
ticket from Ticketmaster), and even worse a resort cost at a hotel. It simply seems like an excessive fee and extra.
difficulty. 2. More high-value redemption options: One of.
the huge selling points to me about Chase is the reality that you can use the travel portal.
to book independent hotels, trips, and experiences utilizing your Chase points at either 1.25 or.
1.5 cents, depending on the Sapphire or Ink card that you have. The American Express travel portal offers.
hotel reservations at around 0.7 cents per point, which is extremely low.
4. Less restrictive credits and bonus offer classifications:.
This is most likely my biggest animal peeve with American Express. While Chase makes it very simple to redeem the.
travel credit on the Sapphire Reserve, American Express seems to make it a lot harder.
to redeem their credits. Thats not to say that I do not utilize them.
or value them, however I just want they werent so challenging to use. The dining credit cant be utilized at as soon as.
and the airline incidental credits can only be utilized for specific charges. While people will utilize workarounds to redeem.
them, like purchasing airline gift cards for the airline company incidental credit, I think it would.
When redeeming the credit, be a welcome change to have more alternatives. I dislike that the Gold card reward classifications.
only use to US dining establishments and supermarket. Again, for a business that has such a strong.
heritage in travel rewards, it appears like the policy is not lined up with the brand image. 5. No yearly cost charge card choice: If you want.
to downgrade an American Express charge card, youre restricted in your choices.
Apple Pay for Ink Business credit cards: This.
I would like to see on their cards too. No annual fee charge card alternative: If you desire.
I know there are rumors that the Green card.
Now there are some exceptions, like when a.
card dramatically considerably or rebrands.
Its their one welcome offer per lifetime.
of a card rule. This rule suggests that you can only make the.
welcome offer as soon as for any card. That suggests that if you were to get the American.
Expres Gold card and make the welcome deal, you would no longer be able to earn it once again.
, if you canceled the card and reapplied in the future.. Now there are some exceptions, like when a.
card drastically changes or rebrands. However, for the a lot of part, you can only make.
a welcome offer once for a specific American Express card. What are your wishlist products for Chase and.
American Express? Am I missing anything in my list. If the remark area listed below, let me understand. , if youre interested in applying for a brand-new.
charge card, we would enjoy it if you used our link in the video description or on our.
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particularly if youve found our material to be useful and important. If you need any assistance with determining.
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community. Till next time, travel safe and travel clever.
The majority of individuals are stuck downgrading.
to the Green card, which has an annual cost, or canceling the card, which can adversely.
impact your credit. I think American Express needs to have a no-annual-fee.
credit card alternative so you can downgrade quickly and not lose your points or take a hit on.
your credit history. Maybe a Bronze card? I understand there are reports that the Green card.
is going to be revamped quickly, so Im hoping well see a credit card from them that does not.
have a yearly charge. 6. Ability to make welcome deals again: While.
Chase still has the most limiting guidelines, American Express does have one rule that many.
miles and points collectors hate.