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A comment on Visa and Mastercard: The global payment duopoly (2024). Parent comment

Re:Visa and Mastercard: The global payment duopoly (2024) by pseudo0 on Thursday July 24, 2025 @07:59PM (#44677825)
That's a card with a $800 annual fee... And the Amazon Amex requires a Prime membership, so you are paying at least $140/year for that card.

Credit card companies aren't stupid, they offer a few loss leaders but they make it annoying and time-consuming to come out ahead. And most of the big perks are one-time only, they have gotten much better at banning "churners".

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Re:Visa and Mastercard: The global payment duopoly (2024) by TMWNN on Thursday July 24, 2025 @08:39PM (#44678107)
> That's a card with a $800 annual fee

Not my Sapphire. $95. Undecided on whether to keep it or change to another type (I'm not a churner, so 5/24 is not relevant). Also undecided on whether to keep the 100,000 points sitting in the rewards balance for the time being, or cash it out to the aforementioned $1000 now.

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Re:Visa and Mastercard: The global payment duopoly (2024) by backscratches on Friday July 25, 2025 @10:25AM (#44683489)
they can (and do) change the value of points vhenever they want, so better to cash out asap
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