cancel
Showing results for 
Search instead for 
Did you mean: 

This is one way to earn Amex points

tag
red259
Super Contributor

This is one way to earn Amex points

http://www.bloomberg.com/news/2014-07-18/chinese-gets-422-million-amex-points-with-36-million-cup.ht...

 

Definetly a nice haul of Amex points. 

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 1 of 7
6 REPLIES 6
EvilR-T
Frequent Contributor

Re: This is one way to earn Amex points

damn. I would have offered $37 mil

Message 2 of 7
milkshakes
Regular Contributor

Re: This is one way to earn Amex points

i wonder what else that teacup can do

      
          12k                    10k                     5k                 12.5k (AU)                 6k                   NPSL                   12k
Message 3 of 7
pizzadude
Credit Mentor

Re: This is one way to earn Amex points

 

Geez.   I can get a "chicken cup" at KFC for $1.99.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 4 of 7
pizzadude
Credit Mentor

Re: This is one way to earn Amex points

 

Considering that AMEX made at least $.9M in swipe fees ( at a conservative 2.5% ), it was nice of them to throw him a bone.

 

Also of note is that he had to spilt it into 24 transactions, so there must be a max of around $1.5M per swipe.....

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 5 of 7
noobody
Established Contributor

Re: This is one way to earn Amex points

Assume he got a blackcard, does each dollar he spend generate 11.72 MR ?
EX819 1HP|TU797 1HP| EQ(Fico8 BankCard)841
Message 6 of 7
Anonymous
Not applicable

Re: This is one way to earn Amex points

now thats big money papa 


@red259 wrote:

http://www.bloomberg.com/news/2014-07-18/chinese-gets-422-million-amex-points-with-36-million-cup.ht...

 

Definetly a nice haul of Amex points. 


 

Message 7 of 7
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.