topic Re: American Express Premier Rewards in Credit Cards

American Express Premier Rewards

Rackham94 — Sat, 01 Jun 2013 23:19:53 GMT

Question:

In order to qualify for 15k Bonus after spending 30K in one year.

Can you hit the monthly spending (2500) with bills and groceries and gas

or merchandise only?

Re: American Express Premier Rewards

parakleet — Sat, 01 Jun 2013 23:25:15 GMT

You can meet the spending in any way that's allowed under the T&Cs, with the exception of cash advances. So yes - bills, groceries, whatever you can use your Amex for will count as "spending."

Re: American Express Premier Rewards

Rackham94 — Sat, 01 Jun 2013 23:29:34 GMT

@parakleet wrote:
You can meet the spending in any way that's allowed under the T&Cs, with the exception of cash advances. So yes - bills, groceries, whatever you can use your Amex for will count as "spending."

Sounds great. Is the Purchase Protection coverage different on among the types of charge cards e.g.

I purchase a computer for $950 and is stolen within 90 days I purchased using Amex Green Card vs. a PRG.

Anyone have any experience using this feature/benefit.

Re: American Express Premier Rewards

Rackham94 — Sun, 02 Jun 2013 00:37:57 GMT

In addition to the previous question, my SO received an offer for PRG w/ RSVP code is that tied to her credit information she is not interested in the card however; I want to use her RSVP code when I apply.

Re: American Express Premier Rewards

myjourney — Sun, 02 Jun 2013 00:40:04 GMT

@Rackham94 wrote:
In addition to the previous question, my SO received an offer for PRG w/ RSVP code is that tied to her credit information she is not interested in the card however; I want to use her RSVP code when I apply.

Won't work for you...... long time ago it would but they got pretty smart about that Lol

Re: American Express Premier Rewards

Walt_K — Sun, 02 Jun 2013 02:21:18 GMT

@myjourney wrote:
@Rackham94 wrote:
In addition to the previous question, my SO received an offer for PRG w/ RSVP code is that tied to her credit information she is not interested in the card however; I want to use her RSVP code when I apply.
Won't work for you...... long time ago it would but they got pretty smart about that Lol

+1. What is the offer? If it's just a preapproval, there would be no reason to use the code anyway. If it's for a certain amount of bonus points, search around, you might find the same offer is publicly available.

Re: American Express Premier Rewards

CreditScholar — Mon, 03 Jun 2013 02:50:31 GMT

Theres a targeted offer floating around for 75k after 1k spend as well.

Re: American Express Premier Rewards

Rackham94 — Mon, 03 Jun 2013 03:04:51 GMT

What is the avg AAoA required for approval as well as EXP FAKO Whogavemecredit is is not very consistent

Re: American Express Premier Rewards

Anonymous — Mon, 03 Jun 2013 03:07:25 GMT

@Rackham94 wrote:
What is the avg AAoA required for approval as well as EXP FAKO Whogavemecredit is is not very consistent

there's really no fixed minimum AAoA that you need, nor scores.

Amex looks at everything in general, and they also have their own internal risk score.

The charge cards are also considerably easier to get compared to the revolvers.

Re: American Express Premier Rewards

Rackham94 — Mon, 03 Jun 2013 04:25:14 GMT

Would you say their internal risk score is based on income and FICO mostly and assets? or each equally divided.

632 EQ FICO

720 EXP FAKO from experian.com

Re: American Express Premier Rewards

indiolatino61 — Mon, 03 Jun 2013 06:02:10 GMT

@Rackham94 wrote:
Question:

In order to qualify for 15k Bonus after spending 30K in one year.

Can you hit the monthly spending (2500) with bills and groceries and gas

or merchandise only?

I'm pretty sure anything that earns you points will apply for the spending threshhold. Since I earn points for utilities, groceries and gas I expect these are all eligible expenditures. Good luck to you.

Re: American Express Premier Rewards

Rackham94 — Mon, 03 Jun 2013 14:36:20 GMT

@Rackham94 wrote:
Would you say their internal risk score is based on income and FICO mostly and assets? or each equally divided.

632 EQ FICO

720 EXP FAKO from experian.com