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  #781  
Old 01-08-2018, 02:35 PM
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You gave up a card that could potentially net you $250 in profit plus MR's?
Nope - I don't value those benefits at the maximum values. I exclusively use my CSR and rarely use Uber. At best I was breaking even - not to mention my wife still has her Amex Plat so I can still use her benefits if I need to. I would definitely apply for the card again later this year if the bonus is still available.
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  #782  
Old 01-08-2018, 02:47 PM
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Nope - I don't value those benefits at the maximum values. I exclusively use my CSR and rarely use Uber. At best I was breaking even - not to mention my wife still has her Amex Plat so I can still use her benefits if I need to. I would definitely apply for the card again later this year if the bonus is still available.
Do you think your wife will get as good a retention deal?

What's Amex's policy on bonuses? 12/24 months?

Clearly I'm asking these questions here because I'd prefer not to be downvoted to oblivion on reddit
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  #783  
Old 01-08-2018, 02:56 PM
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LifeIsAPoissonProcess LifeIsAPoissonProcess is online now
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Do you think your wife will get as good a retention deal?

What's Amex's policy on bonuses? 12/24 months?

Clearly I'm asking these questions here because I'd prefer not to be downvoted to oblivion on reddit
I've heard $300 is standard for those who got the 100k deal in November 2016. I'd guess she'd get a similar deal.

I have heard once-per-lifetime and once-per-24 months with Amex. I'm not sure which one applies. I know it's once per lifetime with AMEX's business cards.

Sidenote: Reddit's /r/churning daily question thread is very informative even if you have a frequently asked question that gets answered everyday. People will answer your question to meet minimum karma levels so that they can post their link in the referral threads when they meet minimum karma/post count limits.
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  #784  
Old 01-13-2018, 07:39 AM
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i guess it gets easier with time, but reading this thread makes it seem like a part time job to manage these cc benefits. doesn't seem like it's worth it in my situation, but i get why people would do it
I don't think it's worth it either, depending on what your other income producing opportunities are. Easiest route I found though is having $50k plus with Bank of America/Merrill Lynch and using the Premier Rewards card + the Cash rewards card. That combined with BoA platinum or platinum honors status gets you something like a minimum of 2.5% cash back on everything, 6% on gas/groceries/wholesale, and 3.5% or so on dining and travel I think. All cash back so you don't spend any time figuring out how to use it, and it's basically no fee if you use airline incidentals. Plus you get free trades with Merrill Lynch.
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  #785  
Old 01-14-2018, 01:41 PM
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I don't think it's worth it either, depending on what your other income producing opportunities are. Easiest route I found though is having $50k plus with Bank of America/Merrill Lynch and using the Premier Rewards card + the Cash rewards card. That combined with BoA platinum or platinum honors status gets you something like a minimum of 2.5% cash back on everything, 6% on gas/groceries/wholesale, and 3.5% or so on dining and travel I think. All cash back so you don't spend any time figuring out how to use it, and it's basically no fee if you use airline incidentals. Plus you get free trades with Merrill Lynch.
Damn, those are great reward rates for everyday spend.

A big downside is that you need to be a BofA customer with a lot of money parked there. Some of the worst banking service experiences Iíve ever had have been at BofA. Not sure I can bring myself to give them business... but those cash back rates might do it.
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