topic Re: Zync(Unicorn) Using Points For Charges? in Credit Cards

Zync(Unicorn) Using Points For Charges?

creditnocash — Thu, 09 May 2013 00:51:11 GMT

Anyone else see this?

i have about 4000 points, that ill probably never use.

a pop came on when i went too see full charges and asked me if i wanted too use points too pay.

correct me if im wrong? if i dont pc my zync, i thought i would lose the points too a no rewards card.

Re: Zync(Unicorn) Using Points For Charges?

Lambo23 — Thu, 09 May 2013 00:54:47 GMT

Zync will stay at 1 pt per dollar. That was just a rumor about losing the pts system.

Re: Zync(Unicorn) Using Points For Charges?

creditnocash — Thu, 09 May 2013 00:55:43 GMT

what about using points too pay for charges? im pretty sure thats new...

Re: Zync(Unicorn) Using Points For Charges?

jsucool76 — Thu, 09 May 2013 01:00:00 GMT

It is basically a statement credit, except they will most likely let you choose a specific charge on your card.

remember they're MRe points, probably not worth that much this way (or any other way for that matter).

AFAIK if you PC you keep your points, but they will change to full MR points (since the higher tier charge cards are regular MR cards) but I may be mistaken. they'll be worth more that way as well.

Re: Zync(Unicorn) Using Points For Charges?

creditnocash — Thu, 09 May 2013 01:03:05 GMT

@jsucool76 wrote:
It is basically a statement credit, except they will most likely let you choose a specific charge on your card.

remember they're MRe points, probably not worth that much this way (or any other way for that matter).

AFAIK if you PC you keep your points, but they will change to full MR points (since the higher tier charge cards are regular MR cards) but I may be mistaken. they'll be worth more that way as well.

yeah i know... i believe its only on eligible categries too.. 833 points for a 5 dollar movie charge.

Re: Zync(Unicorn) Using Points For Charges?

Lambo23 — Thu, 09 May 2013 02:01:03 GMT

I used my 10k for a 100$ gift card then sock drawered it.

Re: Zync(Unicorn) Using Points For Charges?

phillyguy12 — Thu, 09 May 2013 02:08:14 GMT

the pts for purchases isn't anything new its been there for awhile if im not mistaken i think i always had that option and i got it back in 2011, maybe they are just trying to get people to use the points, but agree its just a rumor about them disc the points, if they do i will prob. close it i dont see the need for a charge anymore and def wont be paying 90 and up for green or PGR

Re: Zync(Unicorn) Using Points For Charges?

jsucool76 — Thu, 09 May 2013 14:01:25 GMT

@creditnocash wrote:
@jsucool76 wrote:
It is basically a statement credit, except they will most likely let you choose a specific charge on your card.

remember they're MRe points, probably not worth that much this way (or any other way for that matter).

AFAIK if you PC you keep your points, but they will change to full MR points (since the higher tier charge cards are regular MR cards) but I may be mistaken. they'll be worth more that way as well.
yeah i know... i believe its only on eligible categries too.. 833 points for a 5 dollar movie charge.

Where in the world can you get a movie ticket for only $5? xD

Costs $18 plus tax for the iPic here.

Re: Zync(Unicorn) Using Points For Charges?

Burned2manybridgesB4 — Thu, 09 May 2013 14:51:57 GMT

Anyone else noticing the "offers" are growing in numbers too?

Re: Zync(Unicorn) Using Points For Charges?

phillyguy12 — Thu, 09 May 2013 17:05:47 GMT

yea they still need to refine that i get offers for places that are in completely different states and no where near me, but at least most them are online offers but i have yet to find any useful ones

Re: Zync(Unicorn) Using Points For Charges?

Revelate — Thu, 09 May 2013 18:49:43 GMT

@Burned2manybridgesB4 wrote:
Anyone else noticing the "offers" are growing in numbers too?

Yes, though I'm not certain if that is Amex-wide, or specific to an individual (me in this case) as my internal and also credit profiles improve.

It's a reasonable business decision though, some of the reward redemption methods are definitely suboptimal in the Amex universe, if they garner more folks to take a lower value one ithan maximizing their points, that drives more profit for Amex.

I'm not a fan of complicated points systems for rewards, but I can't fault them for trying to leverage impulse point spending.