Elan Cash Rewards AMEX Offer

Anonymous · ‎05-09-2016

I just received a target pre-qualified offer for the Cash Rewards AMEX by Elan from a local bank.

The offer is get $300 cashback when you spend $2,000 in 90 days. 0% APR for 12 months, afterwards 16.24%.

Rewards is 3% on gas up to $6k spend per year, unlimited 2% on groceries, unlimited 1% anywhere. I already match or beat this with other cards, so the it's useless other than for additional AMEX Offers in the future after signup bonus.

What are your thoughts on this? Worth taking? Anyone have this card? Is the cashback redemption in increments of $25 or a $25 redemption minimum?

Anonymous · ‎05-09-2016

That's a decent sign-up bonus for only 2k spend! That alone would be worth it to me

Closingracer99 · ‎05-09-2016

@Anonymous wrote:
I just received a target pre-qualified offer for the Cash Rewards AMEX by Elan from a local bank.

The offer is get $300 cashback when you spend $2,000 in 90 days. 0% APR for 12 months, afterwards 16.24%.

Rewards is 3% on gas up to $6k spend per year, unlimited 2% on groceries, unlimited 1% anywhere. I already match or beat this with other cards, so the it's useless other than for additional AMEX Offers in the future after signup bonus.

What are your thoughts on this? Worth taking? Anyone have this card? Is the cashback redemption in increments of $25 or a $25 redemption minimum?

Meh

My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740