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Should credit card reward cards all be equal?
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March 20th, 2011
Say, I have a platinum American Express credit card and you have a gold American Express credit card. I want to buy an item with my travel miles, that cost 10,000 miles. You want to buy the same identical item with your travel miles. I am charged only 8,500 miles for this item and you are charged 10,000 miles for this item. Question: why am I charged less for the same item that you will pay the full price for? Is it the difference in our credit cards? Is this discrimination on the part of American Express, just because we have two cards that have different colors?
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