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Premium Credit Card Authorized User Benefits

Discussion in 'New Blog Posts' started by tmount, Oct 11, 2017.

  1. tmount

    tmount Administrator

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    It is coming to that time of the year that I start to get rather concerned about reducing expenses. With the holidays coming, my reselling business will become a prime focus, however I never try to lose sight what we’re paying for the credit card benefits we are getting.

    So with that, in a post similar to Joe’s “Annual Fee reduction” post, I’ll cover the cards that both my wife and I are carrying and what we plan to do about them.

    Disclaimer: Primary cardholder benefits may not be exhaustive lists, as these benefits are well covered elsewhere.

    Chase Sapphire Reserve

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    My wife and I were both happy to get this back when it was first released, despite being far beyond 5/24. That said, you get the following benefits:

    • Priority Pass Select
    • Ability to transfer Chase Ultimate Rewards to airline partners
    • 50% more value when redeeming Ultimate Rewards Points for travel (e.g. 1.5 cents per point).
    • $300 Annual Travel Credit – Automatic vice AMEX.
    • Luxury Hotel & Resort Collection
    • No Foreign Transaction Fee
    • Primary Car Rental Insurance
    • Annual Fee: $450

    As an authorized user, you get the following benefits:

    • Priority Pass Select
    • Ability to transfer Chase Ultimate Rewards to airline partners (though this confuses me, as the points should be under the ownership of the primary cardholder, yes?)
    • Primary Car Rental Insurance
    • Annual Fee: $75

    Verdict: Likely not a keeper, assuming another card provides Primary Car Rental Insurance, like the Chase Ink Plus.

    American Express Business Platinum

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    The benefits of this card are rather well known for the primary cardholder, you get:

    • Global Lounge Collection, including Centurion Lounges, Delta Sky Club Lounges and Priority Pass Select
    • $200 Airline Fee Credit
    • 35% points reimbursement when paying with points for premium tickets (or any class on your selected airline) – note, I’m grandfathered in on the 50% points reimbursement that ended a few months back.
    • No foreign transaction fees
    • 10 free GoGo internet passes, and unlimited Wi-Fi at Boingo Hotspots
    • American Express Platinum Concierge Services (a benefit I definitely am not maximizing!)
    • American Express Fine Hotels and Resorts
    • A bunch of status – National, SPG (which translates to Marriott), Hilton.
    • Annual Fee: $450

    As an authorized user, you get the following benefits:

    • 10 Gogo in flight passes
    • Most everything above, except the $200 credit)
    • Cost: $300 Annual Fee.

    Verdict: Not worth it, unless I’m missing something.

    Citi Prestige

    The Citi Prestige has actually become a much more important card in my wallet of late. The travel benefits seem to be some of the best. Here’s what you get:

    • A $250 Air Travel Credit – Automatic vice AMEX.
    • Complimentary 4th night free on hotel stays of 4 nights or longer.
    • No Foreign Transaction Fee
    • Priority Pass Select
    • Ability to transfer points to Citi Thank You partners

    Authorized users get:

    • Priority Pass Select
    • Annual Fee: $50

    Verdict: Possibly worthwhile if the authorized user gets the travel protection; also cheapest Priority Pass Select.

    Wrapping Up


    I realize this isn’t an exhaustive list. There are other great premium cards out there, like Chase’s Ritz Carlton card, Bank of America’s new one, and the Citi AAdvantage Executive–which I already am an authorized user on–and a few others from American Express. Rather, I wanted to look at the big three, and I have to be honest. I’m having a hard time seeing the value of an authorized user on any of the cards. Its a shame, because I’ve been really enjoying my Chase Sapphire Reserve.

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