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Hey guys, in this video, I'll be sharing the 5 main reasons I decided to cancel my Amex Gold card this year. The Amex Gold card is one of the most popular credit cards on the entire credit card market for good reason, but with it's $250 annual fee and credits that give somewhat deceiving value, this card is not quite as good as people may think. If you're someone similar to me, while the Amex Gold seems great at face value, I encourage you to do a deeper dive when your annual fee renews next. Throughout this video, I hope to answer the question of whether or not the Amex Gold card is still worth it. If you’ve been wondering “Is the Amex Gold worth the hype?” or “Should I apply for the Amex Gold card?” this video is for you.
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Card Links:
Amex Gold: https://spencerjohnsonofficial.com/am...
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Products I Use:
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MaxRewards Gold (1month discount w/ code SPENCER): https://maxrewards.app.link/spencer
Kudos ($20 back after eligible purchase w/ code SPENCER): https://joinkudos.com/spencer
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Join My Communities:
The Credit Club: https://spencerjohnsonofficial.com/cr...
The Credit Community: http://spencerjohnsonofficial.com/dis...
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Chapters:
00:00 The Gameplan
00:43 The Amex Cancellation Process
03:31 Reason #1: My Effective Annual Fee
05:18 Reason #2: Monthly Credit Burnout
07:14 Reason #3: I Don't Spend Enough
09:21 Reason #4: I Have Better Options
12:09 Reason #5: Minimizing My Portfolio
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