I lost quite a few points when Ansett went down the tubes
Tell me about it – I was at Saphire level about to go Platinum cause of the three monthly o/s trips I was doing at the time.
We’ve cut up Amex recently – but only because I don’t like how difficult they are to deal with. Frankly after my experiences I’d NEVER recommend AMEX to anyone.
I like my other cards – it’s very useful to be able to pick up a property with a credit card (deposit not the entire loan) when you see a fantastic deal Provided you manage the interest free period that is!
Have only done this once so far with a property & once bought into a stock the same way for the same reason (instant opportunity, the delay in liquidating other assets would cause the opp to be missed) but I like to keep it up my sleeve.
Remember credit cards are only dangerous if you aren’t disciplined and in control. Just like fire.