The Amex Gold Card is causing MAJOR PANIC Because of THIS

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  • čas přidán 10. 06. 2024
  • The Amex Gold card is causing major panic because of this.
    The Amex Gold Card is an American Express premium card and is great card for food and groceries.
    The Amex Gold Card is causing major panic due to one potential upcoming change.
    The major change that’s coming for the Amex Gold card might result in some people canceling their card.
    In this video, I share my opinion on the major panic the Amex Gold card is causing.
    If you’re looking to get approved for the Amex Gold card, look no further than this video.
    Do you plan on canceling your Amex Gold card?
    #creditcard #creditcards #amexgold #amexgoldcard
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Komentáře • 23

  • @WaterYourSoil
    @WaterYourSoil  Před měsícem +1

    Thank you to everyone who watched this video. Be sure to "LIKE" the video and also, my 'E-Book 'Strategies to Master Credit' is available here: mastercreditbook.com/product/personal-debt-management

  • @SledgeIncTeam
    @SledgeIncTeam Před měsícem +2

    As long as a card fits your lifestyle, why cancel it. I'm sure Amex will do right by the Gold card

    • @WaterYourSoil
      @WaterYourSoil  Před měsícem +1

      Definitely. Amex is good with doing that with the Gold. Thanks for watching, Sledge.

  • @CallMeLani
    @CallMeLani Před měsícem +5

    2 sides to this story: Benefits vs. Annual fee. And there is a balance there per person. If the annual fee doesn't make sense (or you don't want to pay it), reconsider the card. If the benefit no longer align, then reconsider the card. The raising of the annual fee is a business decision. Where's the $1 Menu at McDonald's? Did I just show some age? haha

  • @JuanGarcia-hr1wf
    @JuanGarcia-hr1wf Před měsícem +3

    Nice video Nell. Yeah I will be dropping the Amex Gold when increased AF hits next Feb 2025. I got the BCP for 6% cash back for groceries and have USBAR for 3x on mobile wallet. If business does not accept tap to pay, have plenty of options for 3x dining with BILT, CFU

  • @CesarJoel
    @CesarJoel Před měsícem +4

    I’m considering downgrading my Gold to the Green but waiting to see what AMEX does. As always, great video and info Nell!🫵

    • @WaterYourSoil
      @WaterYourSoil  Před měsícem +1

      I appreciate you stopping by, Cesar. Thanks for watching.

  • @bettyblue391
    @bettyblue391 Před měsícem +1

    Really great video always a value watch

  • @user-wh1ti5cl2c
    @user-wh1ti5cl2c Před měsícem +1

    Thank you for the video. If I can get value out of the card that I feel is greater than the annual fee.
    I'm o k with that.

  • @herbertdaugherty636
    @herbertdaugherty636 Před měsícem +1

    I’m grandfathered in to the old Gold Card annual fee but I don’t feel like I’m getting any benefits anymore. This is the only card of mine that has an annual fee. I’m getting much more out of my newer cards. I have until 31 July 2024 to decide. It’s not an affordability issue for me.
    I appreciate that you insist people think and decide for themselves.

  • @deborahanderson4211
    @deborahanderson4211 Před měsícem +1

    I'm good with the Amex gold card. It's your choice to cancel it or keep it.

  • @martinguldner3990
    @martinguldner3990 Před měsícem +1

    The only credit card I have with an annual fee is the American Express Blue Cash preferred. I like the fact that I'm earning 6% on grocery shopping what is my biggest expense after rent. I might go out to eat once or twice a month so dining is not a big spending category. I don't own a car since I work remotely from home. So I don't get much use out of 3% on gas unless I'm going on a road trip with a rental car. 6% on streaming really doesn't work because they do not include your internet provider if they're bundled together with the television package.

  • @Julian-zc9vm
    @Julian-zc9vm Před měsícem +1

    What I love is to pay an annual fee so that the credit card companies can do me a huge favor and give me doordash and uber credits!

    • @WaterYourSoil
      @WaterYourSoil  Před měsícem

      Yeah. I use the Uber credits monthly. Thanks for watching, Julian.

  • @KeyKEYadventures
    @KeyKEYadventures Před měsícem +1

    Use your own decision making period.
    Your videos are just so true….

    • @WaterYourSoil
      @WaterYourSoil  Před měsícem

      I appreciate it, Key. Thanks for watching.