Amex Welcome Offer

[ronstar7]

Hi all,

Thank you for the wonderful suggestions. I have no rent so I couldnt use it for that. Father in law passed away last year so DH decided we should move with his mom for a while because she had no one else. I could put my car note or student loans on there and meet it with no problem. BUT I dotn want my statement to cut with such hight utl. if I couldnt pay all that back before it cuts. The intrest would kill me, as I got the highest one I think its 19% something. Why did they have to make it so much lol. These are my first 2 amex cards and I want to do them right. If Ieave a balance on the Delta they might not like that. I have read many horrror storied on here about AA and things like that I just dont want to stir the pot so early in the game. Oh well if I can I will if I cant I wont worry about it. If I get approved for the Freedom (still waiting) Ill get something back from them with a much smaller spend. 

[aussiesareforever]

$2000 in 3 months is $670 a month. I think you would absolutely do it and not have to pay a dime in interest. Groceries, gas, utility bills, dining out, daycare bill, deductibles, insurance bill, clothing, household items, Internet bill.
Lots of opportunities to put things on the credit card instead of writing a check or paying with debit. Just ensure that money is sitting in a checking account somewhere so you can pay it off completely at the end of the month.

50,000 miles can get you two domestic round trip tickets (or even 3 depending on the flights) on Delta. I use my credit card for almost everything and haven't paid a dime in interest since 2008. You can most definitely do it without incurring any debt. Write out your budget for the month, set the money aside, keep track of it as you pay your bills with your credit card and pay off the card at the end of the month.

[ronstar7]

---

@aussiesareforever wrote:
$2000 in 3 months is $670 a month. I think you would absolutely do it and not have to pay a dime in interest. Groceries, gas, utility bills, dining out, daycare bill, deductibles, insurance bill, clothing, household items, Internet bill.
Lots of opportunities to put things on the credit card instead of writing a check or paying with debit. Just ensure that money is sitting in a checking account somewhere so you can pay it off completely at the end of the month.

50,000 miles can get you two domestic round trip tickets (or even 3 depending on the flights) on Delta. I use my credit card for almost everything and haven't paid a dime in interest since 2008. You can most definitely do it without incurring any debt. Write out your budget for the month, set the money aside, keep track of it as you pay your bills with your credit card and pay off the card at the end of the month.

---

After calculating, I found if I do my car, cell phone bill, and groceries for 3 months I will be at $2,002, which puts me at the mark! Only sucky part is Walmart wont get used until after 3 months because I will be using Amex lol

Thanks for your help

[blondy250]

It's a good offer , for some an easy spend. With that said I've been with Amex since 2001 , and there is no way 50k MR points equal 2-3 round trips to anywhere.

[aussiesareforever]

They are not MR points. She has Delta miles. Two different things.

[ronstar7]

---

@blondy250 wrote:
It's a good offer , for some an easy spend. With that said I've been with Amex since 2001 , and there is no way 50k MR points equal 2-3 round trips to anywhere.

---

What are MR points?

[Anonymous]

---

@ronstar7 wrote:

---

@blondy250 wrote:
It's a good offer , for some an easy spend. With that said I've been with Amex since 2001 , and there is no way 50k MR points equal 2-3 round trips to anywhere.

---

What are MR points?

---

Short for Membership Rewards Points, the AMEX points that you earn on most AMEX cards (like the PRG/Green/Platinum/etc.). You can transfer them to airline partners like Delta (i.e. convert MR points into airline miles) mostly for a 1:1 ratio (though with some exceptions), and then use these airline miles to redeem award flights.

[Chaselover]

---

@ronstar7 wrote:
Hello all.

So how bad is it if I DONT take Amex up on their offer? Meaning the 50,000 points when you spend 2k in 3 months. I really don't see myself that spending that much I never have on any card. What is that in flights? Round trip for one... two? Has anyone ever not done it? I hate to waste all those points by I just don't have anything I need to buy for 2k within 3 months... also o got approved for the green charge card is it true it doesn't report? Why? And it's no preset spending limit... Is that good or bad? I prefer to see a hard limit lol

---

It would be insane to even think of not making the required spend. 

50,000 miles is a lot. Approx. u can easily have a cross-country to and fro trip with that, im just saying approx. Did not read which airline though. 

and 2,000 should be easy to spend. and I even feel, if u even have to carry the balance for 2 months to pay it off, the value of the 50,000 miles outweighs that interest very easily.

[ronstar7]

---

@Chaselover wrote:

---

@ronstar7 wrote:
Hello all.

So how bad is it if I DONT take Amex up on their offer? Meaning the 50,000 points when you spend 2k in 3 months. I really don't see myself that spending that much I never have on any card. What is that in flights? Round trip for one... two? Has anyone ever not done it? I hate to waste all those points by I just don't have anything I need to buy for 2k within 3 months... also o got approved for the green charge card is it true it doesn't report? Why? And it's no preset spending limit... Is that good or bad? I prefer to see a hard limit lol

---

It would be insane to even think of not making the required spend. 

50,000 miles is a lot. Approx. u can easily have a cross-country to and fro trip with that, im just saying approx. Did not read which airline though. 

and 2,000 should be easy to spend. and I even feel, if u even have to carry the balance for 2 months to pay it off, the value of the 50,000 miles outweighs that interest very easily.

---

Hi I figured out how to do it with my car note, cell phone and groceries for 3 months. That should do since I spend that money anyway Ill just charge wait for it to hit then pay off immediately.

Thanks for your help!

[Anonymous]

To clarify, Acquisition Incentive Controls state that you may only receive one acquisition offer per card product once in a lifetime. Whether you met the qualified spend or not, the offer would've been extended to the applicant. You will be ineligible for an acquisition offer whether you met the spend and received a bonus previously or not.

Hope this helps you to plan accordingly.