I read a lot of threads in which people talk about “upgrading” their cards:
Visa to Visa Signature
MC to World MC
World MC to World Elite MC
…but not Visa Signature to Visa Signature Preferred. Why is that?
The supposed perks seem equally overrated to me across all tiers, and I think it’s all about image and charging merchants higher fees. I rarely see a thread about the perks actually being useful.
But there is, at least, a popular belief (right or wrong) that a higher tier is always better. So why are three “upgrades” so frequently discussed, but the fourth generally ignored?