Many folks see the Amex Platinum as a flex, but honestly, it’s not that hard to get. Sure, you might hit a pop up issue with your application, but that’s pretty much the worst of it. Amex promotes it as a flex card, so people end up wanting it and spending way more than they should on things they might never use.
Personally, I think my Altitude Reserve is more of a flex. Though it’s discontinued now, getting it was a real challenge. You really had to work on your credit and make a bunch of calls to get approved. Plus, it’s a solid everyday spending card, not just some discount card.
There are definitely other cards like the Amex Black and JP Morgan Reserve that are invite-only. Having those would definitely be a flex. What else comes to mind?
For me, it’s those 1999 gold plated Pokemon cards from Burger King. There were around six of them. I don’t have the pokeball but I still have the cards in their containers with the certificates.
@Cards
The Schwab Platinum lets you turn your Amex points into cash in your Schwab brokerage account at 1.1 cents for each point. Then you can spend that cash however you want.
But with the regular Amex Platinum, you can only get statement credit on your charges, and that’s worth .06 cents for each point. So you’re not even getting a full penny per point.
The Amex Business Platinum allows you to cash out your points at exactly 1 cent for each point if you also have an Amex Business checking account.