more than 1 Australian Amex?

[KingHuang]

Hey guys,

Just wondering if anyone has more than one Amex at the same time (Australia only) and if you do what's the point of it? E.g. having the charge card and then having an Amex credit card (that is non reserve).

I am more curious as to if there is an 'unseen' benefit by the majority that we can learn from

 

[Dr Ralph]

You'll find many of us have had multiple AMEX cards at the same time. There’s a large number of reasons/benefits including, inter alia:

1) Opportunities to earn points for different programmes.

2) Multiple cash back opportunities.

3) (some what historically now) Small shop offers.

 

[asterix]

I concur with Dr Ralph. I'm keeping my old BMW AMEX which got moved to a plain Gold AMEX many years ago. It is fee free and I grab all the cashback offers that I find of good value to me. It doesn't get any spend on it unless there is an offer.

Most of my spend goes on the Reserve as it has a longer interest free period than the Platinum Charge. I typically only use the charge if I need to pay for something between its statement starting and before the Reserve statement finishing.

 

[lovestotravel]

Most of my spend goes on the Reserve as it has a longer interest free period than the Platinum Charge. I typically only use the charge if I need to pay for something between its statement starting and before the Reserve statement finishing.

Oh that's such a good point the extra 10 days interest free period!!!

 

[Cynicor]

I have 3. The edge still earns more points at supermarkets and the annual fee is offset by the credit anyway, so it’s net win.
The reserve gives me free travel credit for no annual fee (no longer available) and the plat is my main card.

 

[whughes3]

I have 2 Amex cards, a "Rewards advantage" charge card (was originally a green charge card) and a blue credit card (not sure of actual nomenclature). As well as the reasons mentioned above, I utilise the fact that the cards have different billing dates (1st for credit, 16th for charge) which allows to improve my cash flow by using the card with the longest time to billing.

 

[zig]

Different points earned on different cards.
Travel credits.
Cash back promos being doubled up.

 

[andye]

I have, the same as @Cynicor and for the same reasons.

Until 6 months ago, I had a Business Accelerator which I kept to redeem cashback offers across multiple cards. These had dried up recently and I cancelled it as not earning its keep (ironically the current Officeworks offer would have enabled that)

 

[trendwhore]

Yeah have one for business one for personal, different point programs