Can you imagine paying 2k for an iPhone? It is a reality coming to an Apple Store near you. Can you imagine paying an annual fee of $895? It is a reality I had to accept as the trade-off for being approved for the American Express Business Card. Why am I willing to pay such an obscene amount for a credit card?
- Amex won’t approve me for any other cards. Each time I attempt to apply, it states that I am not eligible. This was the first time that the banner did not come up.
- My MR balance is weak. My balance has crashed down to 240k. A 200k bonus would put me back in comfortable territory.
- The benefits offset the annual fee.
What are the benefits that I will use?
1. $120 wireless credit
2. $150 Dell credit
3. $600 hotel credit:
4. $200 airline fee credit.
5. $200 Hilton credit.
6. $209 Clear credit
I will not be using the Indeed credit nor the Adobe credit.
The card also comes with Hilton Gold status, which is excellent, given that I continue to be rejected for the Hilton Amex card.
$895 is a lot of money but it’s worth it, at least for year 1.