topic Re: American Express SPECIAL OFFERS in Credit Card Applications

American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 06:52:33 GMT

Spend $1,000 get $500 back (50,000 points)

https://www262.americanexpress.com/dapply/web/ccsg/apply/api/prospect/morgan-stanley-platinum-card/MS/

50% return

Spend $1,000 get $500 back (50,000 points)

https://www.americanexpress.com/us/credit-cards/premier-rewards-gold/

50% return

Spend $1,000 get $250

https://www.americanexpress.com/us/credit-cards/blue-cash-everyday/

25% return

Spend $2,000 get $250 back (25,000 points)

https://www.americanexpress.com/us/credit-cards/amex-everyday

12.5% return

SAFARI

1. Open Safari

2. File

3. Click ''New Private Window''

4. Paste the link into your browser and press Enter.

5. If offer does not display, close your browser and repeat 1-4.

Google Chrome

1. Open Google Chrome

2. File

3. Click ‘’New Incognito Window’'

4. Paste the link into Incognito window and press Enter.

5. If offer does not display, close your browser and repeat 1-4.

$450 annual fee waived for the first year

https://www.ameriprise.com/products-services/cash-cards-lending/credit-cards/american-express-platinum/

While the Platinum American Express from Ameriprise Financial $450 annual fee waived for the first year for Ameriprise clients only has not been enfored and is available to the public.

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 02:37:12 GMT

Good offers.. Thanks for sharing..

Re: American Express SPECIAL OFFERS

9CLINE — Mon, 14 Sep 2015 03:11:12 GMT

yeap....sweet offers..if I was looking to add something these would be great...will pass on 2 friends & fam...
Thanks alot !!!!!!!!

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 03:27:25 GMT

Holy moly! That AMEX Platinum deal is totally worth it, IMO! Then before the AF kicks in, you could always cancel the card like I am going to do my PRG here soon.

Do any of you guys know the income requirements for the Platinum card? I'm gonna consider it since I am taking a trip to Chicago this fall.

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 03:39:29 GMT

that platinum is awesome. Id love to convince my mom to get it. I've seen the same 500 but not with a weaker spend. The whole reason I got my PRG 50k was to fly HER to see my sister. In this case SHE should just do it.

AFAIK the requirements arent all that different, but the AF scares most of us more humble peeps away

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 04:38:59 GMT

That's what I'm saying. I work in retail and I like to remind the customers who try to flaunt their Platinum card on how they like that $450 annual fee. Most of my responses: "Haha, it's a little steep!" and my favorite: *obnoxious deep arrogant voice* "Well I fly a lot, so it kinda spends/levels/cost-effective's itself."

I'm still curious to know the income requirements AMEX has on their Platinum algorithims whenever you submit in an app. I mean, as a current AMEX cardholder, I know that they won't do a HP if it is a denial... But still, don't want to "look desperate for credit" whenever (if) I apply down to the BCE the end of this year.

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 04:52:43 GMT

That platinum offer is not great. They just had 100k points. Plus the travel credits are in limbo.

And your math is off. 50k mr points is not worth $500. To me its worth 1k or more, but in cash value its only worth $250. $500 for restaurant gift cards. Or 0.6 cents a point for account credits or 0.7 for amazon.

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 07:10:21 GMT

@Anonymous wrote:
Holy moly! That AMEX Platinum deal is totally worth it, IMO! Then before the AF kicks in, you could always cancel the card like I am going to do my PRG here soon.

Do any of you guys know the income requirements for the Platinum card? I'm gonna consider it since I am taking a trip to Chicago this fall.

As far as income requirement goes it is tout that the American Express Platinum card holders have an annual income of $100,000 or more but i've seen people who make less than $20,000 annuals who also have an American Express Platinum Card...

''While the U.S. American Express Platinum website does not specify any eligibility requirements, if you are a Canadian citizen applying for the Canadian Platinum Card, you are required to have a minimum CAD$40,000 income, have not filed for bankruptcy for the past 7 years, and always made your monthly payments on time. Similarly, the U.K. American express card, specifies a minimum income of 65,000 euros'' http://www.wikihow.com/Get-an-American-Express-Platinum-Card

$450 annual fee waived for the first year

https://www.ameriprise.com/products-services/cash-cards-lending/credit-cards/american-express-platinum/

While the Platinum American Express from Ameriprise Financial $450 annual fee waived for the first year for Ameriprise clients only has not been enforced and is available to the public. However, the ''Spend $1,000 get 50,000 points'' Morgan Stanley Platinum American Express Card may be enforced. It says must have an account with Morgan Stanley but so does Ameriprise Financial.

"American Express Platinum cardholders — are described as being in the top 8% of income earners in the U.S. who spend 20% of their income on luxury goods and services and who live in households with annual incomes of ~$236,000."

http://www.pymnts.com/news/2015/the-great-american-express-spinoff/#.Vej27HTD_qB

Re: American Express SPECIAL OFFERS

redpat — Mon, 14 Sep 2015 06:59:44 GMT

@Anonymous wrote:
Holy moly! That AMEX Platinum deal is totally worth it, IMO! Then before the AF kicks in, you could always cancel the card like I am going to do my PRG here soon.

Do any of you guys know the income requirements for the Platinum card? I'm gonna consider it since I am taking a trip to Chicago this fall.

The annual fee hits on your first statement.

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 07:13:59 GMT

@redpat wrote:
@Anonymous wrote:
Holy moly! That AMEX Platinum deal is totally worth it, IMO! Then before the AF kicks in, you could always cancel the card like I am going to do my PRG here soon.

Do any of you guys know the income requirements for the Platinum card? I'm gonna consider it since I am taking a trip to Chicago this fall.
The annual fee hits on your first statement.

Platinum American Express from Ameriprise Financial $450 annual fee is waived for the first year.

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Ameriprise-American-Express-Platinum-first-year-AF-waived/td-p/4124041

Re: American Express SPECIAL OFFERS

kdm31091 — Mon, 14 Sep 2015 13:05:44 GMT

If your income is $20k, I'm sorry, but there is no point in having a platinum card because your spend will not justify the AF. Beyond the bonus, the card earns 1 point per dollar so even if every single time of income went onto the card, you'd have 20,000 MR points, which even at double value is $400. So you would barely even break even and you obviously cannot spend every penny you make.

The card is geared towards higher income individuals because those are the only people who would be able to justify it long term.

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 15:28:41 GMT

In a way that could be true, but untrue at the same time respectively. There are many people who are resellers and literally use their credit cards for other peoples expenses just to rack up rewards. I know one gentleman that is basically unemployeed, but has a Platinum Delta SkyMiles card and he comes into work buying thousands of dollars worth of technology and equipment for other people who own businesses, building houses with little time on their hands, etc. I asked him how he did it and he told me he just posts an ad on Craigslist as someone who will do buying errands for people (plus sometimes charges a convenience fee) and will go out and buy things on his card just to rack up the points and then have the consumer pay him in cash. Puts the cash in his checking account and then pays the card off.

Re: American Express SPECIAL OFFERS

CreditCuriosity — Mon, 14 Sep 2015 15:53:29 GMT

@Anonymous wrote:
In a way that could be true, but untrue at the same time respectively. There are many people who are resellers and literally use their credit cards for other peoples expenses just to rack up rewards. I know one gentleman that is basically unemployeed, but has a Platinum Delta SkyMiles card and he comes into work buying thousands of dollars worth of technology and equipment for other people who own businesses, building houses with little time on their hands, etc. I asked him how he did it and he told me he just posts an ad on Craigslist as someone who will do buying errands for people (plus sometimes charges a convenience fee) and will go out and buy things on his card just to rack up the points and then have the consumer pay him in cash. Puts the cash in his checking account and then pays the card off.

Risky business IMO(will people pay for services once he buys something? I know I don't use craigslist as I think it is overall lower income people that use it and not worth my time. Maybe Craiglist is for some people, but would be scared to meet most people that do business on it, this is just me though) and questionable about how IRS would view this?

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 17:38:58 GMT

Why do we have to continue seeing these screenshots of american express things from merril lynch or whatever?

Re: American Express SPECIAL OFFERS

Gmood1 — Mon, 14 Sep 2015 18:17:35 GMT

Craigslist= lower income folks? Lmao really
Sounds kind of ridiculous don't you think?

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 18:17:40 GMT

The BCE offer is very tempting.

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 18:34:27 GMT

My fiance upgraded to the platinum from the Gold two years ago because we bought 2 mercedes and the Mercedes edition amex was worth the benefits so he upgraded, his income at the time was $85,000 its higher now but he got approved with an $85k income and a relationship with amex established already

@Anonymous wrote:
Holy moly! That AMEX Platinum deal is totally worth it, IMO! Then before the AF kicks in, you could always cancel the card like I am going to do my PRG here soon.

Do any of you guys know the income requirements for the Platinum card? I'm gonna consider it since I am taking a trip to Chicago this fall.

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 18:33:08 GMT

@CreditCuriousity wrote:
@Anonymous wrote:
In a way that could be true, but untrue at the same time respectively. There are many people who are resellers and literally use their credit cards for other peoples expenses just to rack up rewards. I know one gentleman that is basically unemployeed, but has a Platinum Delta SkyMiles card and he comes into work buying thousands of dollars worth of technology and equipment for other people who own businesses, building houses with little time on their hands, etc. I asked him how he did it and he told me he just posts an ad on Craigslist as someone who will do buying errands for people (plus sometimes charges a convenience fee) and will go out and buy things on his card just to rack up the points and then have the consumer pay him in cash. Puts the cash in his checking account and then pays the card off.
Risky business IMO(will people pay for services once he buys something? I know I don't use craigslist as I think it is overall lower income people that use it and not worth my time. Maybe Craiglist is for some people, but would be scared to meet most people that do business on it, this is just me though) and questionable about how IRS would view this?

lower income folks? this made my day!

Re: American Express SPECIAL OFFERS

CreditCuriosity — Mon, 14 Sep 2015 19:17:21 GMT

@Gmood1 wrote:
Craigslist= lower income folks? Lmao really
Sounds kind of ridiculous don't you think?

Could be.. Just my opinion.. I don't use it personally, so don't really know that much about it.. Just know some shady stuff goes on with the site. Anyways, appologize if I offended anyone as it probably has all income levels that uses it, just not for me. More power for the people it works for,, Think the only time I ran across an ad on it was people that buy X model of TV on black friday or whatever for cheap re-posted it on the site trying to make some crazy money. My only experience with it.

Anyways, this is off topic now.

Re: American Express SPECIAL OFFERS

Anonymous — Mon, 14 Sep 2015 23:17:57 GMT

@CreditCuriousity wrote:
@Anonymous wrote:
In a way that could be true, but untrue at the same time respectively. There are many people who are resellers and literally use their credit cards for other peoples expenses just to rack up rewards. I know one gentleman that is basically unemployeed, but has a Platinum Delta SkyMiles card and he comes into work buying thousands of dollars worth of technology and equipment for other people who own businesses, building houses with little time on their hands, etc. I asked him how he did it and he told me he just posts an ad on Craigslist as someone who will do buying errands for people (plus sometimes charges a convenience fee) and will go out and buy things on his card just to rack up the points and then have the consumer pay him in cash. Puts the cash in his checking account and then pays the card off.
Risky business IMO(will people pay for services once he buys something? I know I don't use craigslist as I think it is overall lower income people that use it and not worth my time. Maybe Craiglist is for some people, but would be scared to meet most people that do business on it, this is just me though) and questionable about how IRS would view this?

Mercedes would only trade my 2006 Slk55 that had 65,000 miles for $16,000. Recieved a certified check from Navy Federal Credit Union for $20,000 from a guy on craigslist and was cleared in 2 days.