DC Partner: Migrating credit card spend - AMEX BA or Gold?
Jul 11, 2012, 3:50 am
#1
Original Poster
Join Date: Dec 2004
Location: LHR
Programs: BA OW Silver, Aegean *A Gold, Intercon Ambassador Gold, EY Gold
Posts: 249
Migrating credit card spend - AMEX BA or Gold?
The gradual migration continues - I am now Gold on BA and Aegean, redeemed most of my points (Thai/Jet airways 1st suites in a couple of weeks!).
What about credit cards? I shut down my BMI AMEX 8 months ago and took out the AMEX Gold Charge - I have about 140k on it now. I have now also taken out the BA Premier AMEX - just arrived today.
I am in a quandry - to hit the £10k on the BA AMEX to trigger 241 I need to maximise its use, and therefore I should really close down the Gold card.
However, I don't want to pump the 140k MR points anywhere yet - I will wait for a 30% extra deal from BA or Virgin. But on the other hand I don't really want to pay the £125 to renew Gold if I am not going to use it.
Any views? - I presume several are in the same boat.
What about credit cards? I shut down my BMI AMEX 8 months ago and took out the AMEX Gold Charge - I have about 140k on it now. I have now also taken out the BA Premier AMEX - just arrived today.
I am in a quandry - to hit the £10k on the BA AMEX to trigger 241 I need to maximise its use, and therefore I should really close down the Gold card.
However, I don't want to pump the 140k MR points anywhere yet - I will wait for a 30% extra deal from BA or Virgin. But on the other hand I don't really want to pay the £125 to renew Gold if I am not going to use it.
Any views? - I presume several are in the same boat.
Jul 11, 2012, 4:09 am
#2
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
Programs: BA, VS, HH, IHG, MB, MR
Posts: 26,871
Its a tricky one, as Amex no longer seems to issue the Green card.
Here is one option. Refer your partner or parents for a Gold card, assuming they have no other Amex-issued Amex's. You bank (between you) 34,000 bonus points and your partners card is fee-free in Year 1. Then, and here is the clever bit, pay £15 to Amex to transfer your MR points to your partner.
Your MR account is them empty and if there is a transfer bonus your partner will be able to take advantage. You can then cancel your Gold.
In a years time, you could also open another Gold card next year and transfer the points back.
More on the £15 transfer deal here - http://headforpoints.com/2012/07/08/...ards-features/
Here is one option. Refer your partner or parents for a Gold card, assuming they have no other Amex-issued Amex's. You bank (between you) 34,000 bonus points and your partners card is fee-free in Year 1. Then, and here is the clever bit, pay £15 to Amex to transfer your MR points to your partner.
Your MR account is them empty and if there is a transfer bonus your partner will be able to take advantage. You can then cancel your Gold.
In a years time, you could also open another Gold card next year and transfer the points back.
More on the £15 transfer deal here - http://headforpoints.com/2012/07/08/...ards-features/
