Read this article about Edward Alder (one of the Point Hacks exec directors).
Made me think about my current cc combo.
I decided to focus on Velocity as I don’t travel much and wanted to save for family trips, as well as lounge access for occasional domestic flights as part of work. (I have passes for virgin domestic lounge)
So I have;
- ANZ Rewards Black
- ANZ Travel Adventures
- Bank of Melbourne Amplify Signature
- and a companion Amex Velocity Platinum belonging to my wife that pools points to my velocity account
(I had an Amex Explorer just over 12 months ago, so waiting for the 18 month mark to reapply for another Amex to get bonus signup - will probably get my own Amex Velocity Plat.)
The BOM Amplify is offered as part of my mortgage package so it’s essentially free, but I may cancel the package to recoup the $395 annual fee as I don’t think I’m benefitting from the other components anyway.
Anyone else care to comment on how I could improve this current cc arrangement? And regarding Amex, even though Edward recommends getting an agnostic Amex, the bonuses and earn rate (once you factor in conversion rates to Velocity) don’t seem as good as getting a straight up Amex Velocity?