topic Bonus MR for activating POT? in Credit Cards

Bonus MR for activating POT?

Budoka — Mon, 27 Jun 2022 17:25:47 GMT

Hi all. I just received an email offer for 20,000 MR on two of my Amex cards if I activate POT on them.

I am a little confused by the language in the T&C which states...

1. Pay Over Time—Earn Membership Rewards® Points

... Only one offer per Card account is permitted, and points will be credited to your program account within 8–12 weeks after you activate Pay Over Time. Maximum 20,000 points per account.

Does "one offer per card account" mean one offer per AMEX card or one offer per AMEX account? If I activate both offers on both my cards can I receive 40,000 MR? Or does it mean that a maximum of 20,000 will be applied?

Thanks as always.

Re: Bonus MR for activating POT?

OmarGB9 — Mon, 27 Jun 2022 18:56:54 GMT

Sounds like the former to me. But I would go ahead and call Amex and ask to be sure.

Re: Bonus MR for activating POT?

cashorcharge — Mon, 27 Jun 2022 19:04:27 GMT

@OmarGB9 wrote:
Sounds like the former to me. But I would go ahead and call Amex and ask to be sure.

Agreed...I would think if you take them up on 1 of your cards, the offer would not apply for the other card.

Re: Bonus MR for activating POT?

GatorGuy — Mon, 27 Jun 2022 19:52:04 GMT

You can get the bonus on more than one card, however if you have two at one time I would suspect that one would disappear when you activate the first card.

Re: Bonus MR for activating POT?

Budoka — Tue, 28 Jun 2022 22:43:17 GMT

Just in case anyone stumbles on this thread with the same situation/question.

I contacted AMEX CS by chat after logging in to my account and the agent confirmed that I will get the bonus on both cards if I do it by the link in the email(s). He indicated that it will credit within 2 weeks and if I don't see the 20,000+20,000=40,000 by then contact them again and they will sort it out. I took screenshots just in case there is some monkey business later.

Re: Bonus MR for activating POT?

OmarGB9 — Wed, 29 Jun 2022 03:43:55 GMT

@Budoka wrote:
Just in case anyone stumbles on this thread with the same situation/question.

I contacted AMEX CS by chat after logging in to my account and the agent confirmed that I will get the bonus on both cards if I do it by the link in the email(s). He indicated that it will credit within 2 weeks and if I don't see the 20,000+20,000=40,000 by then contact them again and they will sort it out. I took screenshots just in case there is some monkey business later.

Sweet, thanks for reporting back.

Re: Bonus MR for activating POT?

jcooks — Wed, 29 Jun 2022 12:55:10 GMT

I was snooping around my account and saw an offer to activate POT for 20k points on May 25th, I still haven't gotten the points yet. I reached out to them twice and they have escalated it. Luckily, I took screen shots before I activated and somewhere in between, they even sent me a letter to activate POT for 20k points.

Re: Bonus MR for activating POT?

Budoka — Fri, 01 Jul 2022 15:59:32 GMT

Final data point. The 40,000 MR (20,000PLAT/20,000GOLD) were credted to my account the day after I turned on POT for both cards through the email link.

The CS Rep indicated I can turn it off again any time I like but maybe I will wait a couple of months just in case he had incorrect information or there is a claw back clause I missed in the fine print.

Re: Bonus MR for activating POT?

h2oeng — Fri, 01 Jul 2022 16:45:23 GMT

I started seeing this a few months ago and checked my account. It was on by default so I turned it off. Now I'm hoping to get the same offer, lol.

Re: Bonus MR for activating POT?

bilwilvegas — Sat, 02 Jul 2022 03:31:19 GMT

I wish I would get this offer. Mine just shows a "special 6.99%" offer for POT if activated. I would not use POT but an extra 20,000 points on each card would be really nice LOL

Re: Bonus MR for activating POT?

pizzadude — Mon, 01 Aug 2022 16:58:45 GMT

I also received this offer via email a few weeks ago and accepted it.

My 20K MR points were added to my account within 2 days.

Approved $10K POT limit on my Zync NPSL !

Re: Bonus MR for activating POT?

Anonymous — Mon, 01 Aug 2022 17:19:22 GMT

I don't have that feature. When it began, I opted out. But for 20,000 MR points I'd be opting in, no doubt. I think you should snatch up that offer.

Re: Bonus MR for activating POT?

jcooks — Mon, 01 Aug 2022 17:26:19 GMT

I had the promo showing on my account and I activated on May 25th. I still haven't gotten mine. I've reached out to Amex several times as they don't see that promo on my account. They've escalated it twice so far and no result so far. I am due to call them back since last week, but haven't yet.

Re: Bonus MR for activating POT?

learningcredit54 — Mon, 01 Aug 2022 20:33:00 GMT

How does an AMEX with a POT limit report to the bureaus? Curious to know

Re: Bonus MR for activating POT?

CaptJOB — Tue, 02 Aug 2022 22:38:03 GMT

@learningcredit54 wrote:
How does an AMEX with a POT limit report to the bureaus? Curious to know

Same as if POT wasn't activated. No limit considered except on older models where the highest historical balance is used as the reported CL.

Edited for poor word choice*

Re: Bonus MR for activating POT?

wasCB14 — Mon, 01 Aug 2022 21:29:59 GMT

I wonder if the offer is churnable. Maybe I should opt out of POT. I PIF and only got 10k on Schwab for enrolling a few years ago.

Re: Bonus MR for activating POT?

CaptJOB — Tue, 02 Aug 2022 22:24:52 GMT

@wasCB14 wrote:
I wonder if the offer is churnable. Maybe I should opt out of POT. I PIF and only got 10k on Schwab for enrolling a few years ago.

I'm pretty sure I've gotten it twice on my Rose Gold card and once on my Platinum(now second Gold). Certainly worth deactivating on everything once a bonus is received. Haven't ever heard of it being clawed back.

Re: Bonus MR for activating POT?

simplynoir — Tue, 02 Aug 2022 23:05:59 GMT

@wasCB14 wrote:
I wonder if the offer is churnable. Maybe I should opt out of POT. I PIF and only got 10k on Schwab for enrolling a few years ago.

I know that a few years ago AMEX clamped down on people churning the POT bonus, some to the point of shutting down accounts for abuse by RAT. But seems to be in the clear to churn since customers can turn off POT themselves now and AMEX still sends the offers out to even those that already got it before. They must be using some algorithm to make sure it's not totally abused like it was before

Edit: for reference I got this on my Green and Gold, not on Platinum yet