Any significant reason shouldn't upgrade to HH AMEX Surpass® Card?

[Mnk1]

Received an email to upgrade to upgrade to HH AMEX Surpass® Card. Spend 3k in 3 months = 150k HH Points. $95 annual fee not waived. I know I'll lose out on future bonus if I actually apply for card, but with the upgrade I can get the points and if I don't like what the card offers downgrade in a year or two, yes?

Any significant reason shouldn't upgrade to HH AMEX Surpass® Card?

[coldfusion]

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@Mnk1 wrote:

Received an email to upgrade to upgrade to HH AMEX Surpass® Card. Spend 3k in 3 months = 150k HH Points. $95 annual fee not waived. I know I'll lose out on future bonus if I actually apply for card, but with the upgrade I can get the points and if I don't like what the card offers downgrade in a year or two, yes?

Any significant reason shouldn't upgrade to HH AMEX Surpass® Card?

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That's correct. 

Right how their public offer straight-up for the Surpass  is 150,000 points for $2K spend, you have to spend another $10K to get the addional 50,000 points.   Personally I'd go for the upgrade. 

[Anonymous]

The bonus sounds great. Sounds like you’ve got your strategy figured out it it doesn’t work for you. I’d do it.

[Anonymous]

If  the upgrade is same amount of HH points as for applying, then it sounds like it's the better route as it doesn't involve opening a new account. And I don't see the basic offer getting much higher than 150K points anyways so I don't think you'd be losing out on anything by upgrading.