topic Re: Ask Amex and You Shall Receive in Credit Cards

Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 02:22:34 GMT

Today my statement cleared and I sent a payment to pif for my platinum card. It came with a spend 3K get 50K MR points. I send an email to Amex asking if I could have the points expedited. Just received a response that they have been placed in my account and are ready for immediate use. Really liking this card.

Re: Ask Amex and You Shall Receive

Guava — Tue, 31 Jan 2012 02:48:11 GMT

Wow, impressive! It does pay to have the high end cards

Re: Ask Amex and You Shall Receive

pizzadude — Tue, 31 Jan 2012 02:55:27 GMT

Wow ! 50K is an amazing bonus ! What are you planning to do with the points ?

Re: Ask Amex and You Shall Receive

CS800 — Tue, 31 Jan 2012 02:57:04 GMT

@Anonymous wrote:
Today my statement cleared and I sent a payment to pif for my platinum card. It came with a spend 3K get 50K MR points. I send an email to Amex asking if I could have the points expedited. Just received a response that they have been placed in my account and are ready for immediate use. Really liking this card.

Congrats !

What's the $$ value of the 50k points?

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 03:03:32 GMT

Collecting the points for now. Read on many forms Amex was only giving 25K not the 50K promised so wanted them asap. 50K MR is worth 500 cash value or around 625 for travel booked through them. Best use is international business class. On Delta, you can save a thousand, sometimes more.

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 03:17:55 GMT

That is really great! I'm waiting on my 25k bonus from my upgrade. I want to book my honeymoon through AMEX and pay with points but I can wait until they actually post. Gusty move asking them to advance you though.

Re: Ask Amex and You Shall Receive

afbar1114 — Tue, 31 Jan 2012 03:20:08 GMT

i cant wait to get a higher end amex charge card like one of the gold's

Re: Ask Amex and You Shall Receive

CS800 — Tue, 31 Jan 2012 03:20:40 GMT

I have been comparing the AMEX travel with expedia and for the same itienary, Expedia came up cheaper. The good thing going through the AMEX travel is that sometimes the bonus points are awesome.

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 03:24:47 GMT

Amex uses I think orbitz plus $7 for their fee. You do get 2x points per dollar or 4x on gold PR.

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 03:34:28 GMT

I just wonder why they are delayed in giving the points / cash back by 1-2 statement cycles, though. My Chase Amazon always gave the awarded points the day the statement was cut and paid.

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 03:53:13 GMT

@Anonymous wrote:
I just wonder why they are delayed in giving the points / cash back by 1-2 statement cycles, though. My Chase Amazon always gave the awarded points the day the statement was cut and paid.

Returns come to mind.

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 03:55:29 GMT

I bet if you had a lower-end card, they would have told you to wait - it does seem like they treat their Plat customers really well.

I don't think I'll ever end up trying to get it, though. I just don't see myself running anywhere near enough expenses through the card to make up for the AF. Maybe if I triple my income it'd be worth it.

Re: Ask Amex and You Shall Receive

CS800 — Tue, 31 Jan 2012 03:56:46 GMT

@Anonymous wrote:
I bet if you had a lower-end card, they would have told you to wait - it does seem like they treat their Plat customers really well.

I don't think I'll ever end up trying to get it, though. I just don't see myself running anywhere near enough expenses through the card to make up for the AF. Maybe if I triple my income it'd be worth it.

You're right this card is only worth if youre going to run a lot of $$ through it to cover the AF.

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 04:02:35 GMT

@CS800 wrote:
@Anonymous wrote:
I bet if you had a lower-end card, they would have told you to wait - it does seem like they treat their Plat customers really well.

I don't think I'll ever end up trying to get it, though. I just don't see myself running anywhere near enough expenses through the card to make up for the AF. Maybe if I triple my income it'd be worth it.
You're right this card is only worth if youre going to run a lot of $$ through it to cover the AF.

To break even on the AF you need to run 45K through it. MR are worth around .01 if you redeem for gift cards. Its more so a benifits card then a points card.

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 04:59:37 GMT

@Anonymous wrote:
@Anonymous wrote:
I just wonder why they are delayed in giving the points / cash back by 1-2 statement cycles, though. My Chase Amazon always gave the awarded points the day the statement was cut and paid.
Returns come to mind.

Amex frees up the cash back after you pay the minimum payment in the 2nd statment period following the period the cash back was earned.

Period #1 - Earn Cash Back
Period #2 - Statement Issued For Period #1 --> Pay Minimum Payment
Period #3 - Statement Issued For Period #2 --> Pay Minimum Payment --> Cash Back Released For Period #1

As a result of this policy, I always pay the minimum balance as soon as the statement is generated -- since there I always have cash back awaiting release by Amex.

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 07:15:49 GMT

@Anonymous wrote:
@CS800 wrote:
@Anonymous wrote:
I bet if you had a lower-end card, they would have told you to wait - it does seem like they treat their Plat customers really well.

I don't think I'll ever end up trying to get it, though. I just don't see myself running anywhere near enough expenses through the card to make up for the AF. Maybe if I triple my income it'd be worth it.
You're right this card is only worth if youre going to run a lot of $$ through it to cover the AF.
To break even on the AF you need to run 45K through it. MR are worth around .01 if you redeem for gift cards. Its more so a benifits card then a points card.

I agree, with cards like AMEX Platinum the rewards are mainly what you stand to gain just by being a cardholder (e.g concierge service). A big spender who never traveled would really be better off with a plain old cash back AMEX than Platinum.

Re: Ask Amex and You Shall Receive

anderl — Tue, 31 Jan 2012 07:36:51 GMT

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 13:04:18 GMT

@CS800 wrote:
I have been comparing the AMEX travel with expedia and for the same itienary, Expedia came up cheaper. The good thing going through the AMEX travel is that sometimes the bonus points are awesome.

The MR First points are the bonus; I forget what the multiplier is--maybe 4x for trips booked through them and paid for with an eligible card and if you pay with points, they kick back 20% of the MR points. It may not be as inexpensive as Expedia, but the MR points may help to offset the costs.

Re: Ask Amex and You Shall Receive

pizzadude — Tue, 31 Jan 2012 13:18:29 GMT

One more question ~ was this offer for spending 3K in the first 90 days ?

Re: Ask Amex and You Shall Receive

Anonymous — Tue, 31 Jan 2012 13:21:07 GMT

My MR points posted to my account this morning which 3 weeks until the statement end date. I didn't ask by the way.