Amex $150 mail in offer vs Amex $100 with 10%

[Anonymous]

Guys, so I got this mail in offer from Amex which is spend $500 in 3mo and receive $150 in statement credit.

but I also saw on the Amex website without that offer it's spend $1000 in 3mo for $100 and also you will receive 10%

at US restaurants for 6mo up to $200. Meaning I can earn a total of $300. 

Which one would you guys think is a better offer? 

Is the 10% capping me at $200 for 6mo do able? I do eat out a lot.

Fyi, I'm looking for a good cash back card. If you guys have any better ones I mind let me know.

Thank you guys.

[601flyguy]

I signed up last night and got $150 after spending 500 and 10% back at restaurants. Its kind of tricky to get the different offers to appear. Try different browsers, clear cookies, etc

[Anonymous]

Was that with the mail in offer?? 

[601flyguy]

No, i didnt have a mail in offer. Just refresh the page or use a different browser

[601flyguy]

Try an incognito tab in chrome. Thats what worked for me

[CreditInspired]

@Fredd_e
The real question is, which I read in another post, will you eat out $2K worth in 6-months. That a whole lot of food and at expensive restaurants too. If yes, then you will earn the full, extra $200. If no, then the $500 spend in 3 months for $150 credit statement is better, IMHO.

[Anonymous]

Yeah I would take the $150 unless you plan to spend 2k at restaurants in 6 months.

[601flyguy]

Here is a pic of the offer i accepted yesterday.

If you try clearing cookies, incognito tab, different browser/pc you can probably get the $150/10% offer as well.

[yfan]

The 10% offer is great for people who eat out a lot, but there's a lot of other ways to get 10% or more at restaurants.

1. Costco, and I imagine other warehouse stores, sell lots of restaurant gift cards at a minimum discount of 20%.
2. If you redeem Discover's cashback with gift cards, there are a lot of restaurant gift cards. They have a $5 discount for each card, meaning you get $50 cards for $45, and $25 ones for $20.
3. BankAmeriDeals often has 10% or better cashback deals at particular restaurants.
4. Heck, even Amex Offers has similar deals (yes I know you can double up on a restaurant's cashback if it appears on Amex offers within the 6 months).

[Anonymous]

You are right. Except most dining establishments that have GCs available everywhere are CHAINS. I for one eat at many places that have no GCs available. Maybe the occassional groupon, but no GCs. So 10% is more than the 3% I would get normally.