topic Re: Elan Cash Rewards AMEX Offer in Credit Cards

Elan Cash Rewards AMEX Offer

Anonymous — Tue, 10 May 2016 03:14:51 GMT

I just received a target pre-qualified offer for the Cash Rewards AMEX by Elan from a local bank.

The offer is get $300 cashback when you spend $2,000 in 90 days. 0% APR for 12 months, afterwards 16.24%.

Rewards is 3% on gas up to $6k spend per year, unlimited 2% on groceries, unlimited 1% anywhere. I already match or beat this with other cards, so the it's useless other than for additional AMEX Offers in the future after signup bonus.

What are your thoughts on this? Worth taking? Anyone have this card? Is the cashback redemption in increments of $25 or a $25 redemption minimum?

Re: Elan Cash Rewards AMEX Offer

Anonymous — Tue, 10 May 2016 03:47:29 GMT

That's a decent sign-up bonus for only 2k spend! That alone would be worth it to me

Re: Elan Cash Rewards AMEX Offer

Closingracer99 — Tue, 10 May 2016 03:51:38 GMT

@Anonymous wrote:
I just received a target pre-qualified offer for the Cash Rewards AMEX by Elan from a local bank.

The offer is get $300 cashback when you spend $2,000 in 90 days. 0% APR for 12 months, afterwards 16.24%.

Rewards is 3% on gas up to $6k spend per year, unlimited 2% on groceries, unlimited 1% anywhere. I already match or beat this with other cards, so the it's useless other than for additional AMEX Offers in the future after signup bonus.

What are your thoughts on this? Worth taking? Anyone have this card? Is the cashback redemption in increments of $25 or a $25 redemption minimum?

Meh