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5% cashback on Insurance (statement credit) AmEx offer

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unsungivy
Established Contributor

5% cashback on Insurance (statement credit) AmEx offer

I know a lot of people don't bother with offers attached to their cards...

 

This morning I had this offer to add (on my AmEx EveryDay, but that may simply be the order in which I go through them):

 

Screenshot_2024-10-29-07-17-22-58_521f91f5543bc5101ae0aff1bd07d067.jpg

 

Every now and then AmEx offers are "generic" and not for a specific store, but rather a TYPE of spending... I've seen them for Groceries and Gas before, but this one for Insurance is new to me. They stack with your regular earn rate for that category on that card. (In this case, the card I attached this to gets a base 1x points in addition to the 5% cashback, although that can be brought up to 1.2x points with a certain number of purchases that month.)

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Message 1 of 20
19 REPLIES 19
Gregory1776
Valued Contributor

Re: 5% cashback on Insurance (statement credit) AmEx offer

I wish progressive would take AmEx.

AMEX 30k & EveryDay 11.5K
Discover 27K
Wells Fargo 23k
Chase Amazon 23.5k
US Bank Cash+ 20K
Cash+#2 14.4K
Citi Simplicity 9.1K
Loan 8K -> 3.5k
Auto Loan 5.9K -> Paid Off!



Message 2 of 20
SouthJamaica
Mega Contributor

Re: 5% cashback on Insurance (statement credit) AmEx offer


@unsungivy wrote:

I know a lot of people don't bother with offers attached to their cards...

 

This morning I had this offer to add (on my AmEx EveryDay, but that may simply be the order in which I go through them):

 

Screenshot_2024-10-29-07-17-22-58_521f91f5543bc5101ae0aff1bd07d067.jpg

 

Every now and then AmEx offers are "generic" and not for a specific store, but rather a TYPE of spending... I've seen them for Groceries and Gas before, but this one for Insurance is new to me. They stack with your regular earn rate for that category on that card. (In this case, the card I attached this to gets a base 1x points in addition to the 5% cashback, although that can be brought up to 1.2x points with a certain number of purchases that month.)


Wow, that is cool. Not often you can get serious cash back on insurance payments.


Total revolving limits 586020 (520820 reporting) FICO 8: EQ 685 TU 691 EX 683




Message 3 of 20
unsungivy
Established Contributor

Re: 5% cashback on Insurance (statement credit) AmEx offer


@SouthJamaica wrote:

@unsungivy wrote:

I know a lot of people don't bother with offers attached to their cards...

 

This morning I had this offer to add (on my AmEx EveryDay, but that may simply be the order in which I go through them):

 

Screenshot_2024-10-29-07-17-22-58_521f91f5543bc5101ae0aff1bd07d067.jpg

 

Every now and then AmEx offers are "generic" and not for a specific store, but rather a TYPE of spending... I've seen them for Groceries and Gas before, but this one for Insurance is new to me. They stack with your regular earn rate for that category on that card. (In this case, the card I attached this to gets a base 1x points in addition to the 5% cashback, although that can be brought up to 1.2x points with a certain number of purchases that month.)


Wow, that is cool. Not often you can get serious cash back on insurance payments.


Mhmm. It's one of those "hard to do" categories, unless you're really up on buying and applying gift cards.

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Message 4 of 20
longtimelurker
Epic Contributor

Re: 5% cashback on Insurance (statement credit) AmEx offer


@SouthJamaica wrote:


Wow, that is cool. Not often you can get serious cash back on insurance payments.


Not sure I would count $20 as "serious" but...!

Message 5 of 20
Roger1071549
New Contributor

Re: 5% cashback on Insurance (statement credit) AmEx offer

Progressive does, but in a bit of a roundabout way. I just used mine by paying with my AMEX through paypal. 

Message 6 of 20
unsungivy
Established Contributor

Re: 5% cashback on Insurance (statement credit) AmEx offer

USAA allows CC payments.

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Message 7 of 20
JSUB
New Contributor

Re: 5% cashback on Insurance (statement credit) AmEx offer

Very nice. I'm in the garden but having just charged $3,700 to pay my health insurance, monthly auto charges for auto, spouse life insurance, and renewals for renters  insurance I'll be dreaming of 5% back. 

Message 8 of 20
Kforce
Valued Contributor

Re: 5% cashback on Insurance (statement credit) AmEx offer


@longtimelurker wrote:

@SouthJamaica wrote:


Wow, that is cool. Not often you can get serious cash back on insurance payments.


Not sure I would count $20 as "serious" but...!


If you already have insurance on a 2.5% or 3 %.

That 400 spend cap = $8 to $10 gain.

Not sure it is worth the call's or log-ins a couple of times to switch cards back and forth.

Something must be wrong with me, I would not bother.

Message 9 of 20
ptatohed
Valued Contributor

Re: 5% cashback on Insurance (statement credit) AmEx offer

All our insurances are set to AOD auto-pay.  3% is good enough for me. 

 

Speaking of which, our (wife and I) cards are expiring in Nov and we don't have new AOD replacement cards yet!  I reached out to customer service and the current cards are good through November and we should be receiving new cards by mid November.  Too close a call for me, especially when so many auto-pays are linked to this card!  Ahhhh!  

 

5% CB rotating: ;
Everyday 3% CB: ;
Everyday 5%: ;
Companion Card: ;
Everyday 2.2% CB: ;
Retired to sock drawer after AOD (kept alive w/ 1 purchase every 6 mo): ;
On my radar: ;
Still Waiting for an Invite: ;
No hope:
Message 10 of 20
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