Originally Posted by
ashprag
I am almost ready to bet that their model is to attract people beyond the 10,000 in number and have them go for it.
Absolutely. They're not looking for 10,000 folks with 100,000 miles... they're looking for 100,000 folks with 10,000 miles. And you can be sure that kettles everywhere will be getting < 10K miles and be THRILLED they're doubled. C1 is counting on that. They weren't counting on FlyerTalk.
Originally Posted by
ashprag
They can even fiddle with it, by giving away just like 10 million miles as oppose to 1 billion and calling the quota as finished and have other applicants stranded.
No they can't. That's what auditors are for.
Originally Posted by
ashprag
To top it off they require you to wait to send your miles balance with FF program till you receive a credit card which comes with a link to do so. That said it will take 7-10 days for you to get it and by then the quota would be untouched and hence people can apply like crazy.
Yes, that's how the program works. You reserve your miles once you get your approval and code. If everyone is in this holding pattern, the bucket will be mostly full. A week from now, a 7-10 day delay makes the program worthless.
Originally Posted by
ashprag
Am I the only one smelling skunk here??
Yes. You're being overly negative when there's no need to be. Of course it's a marketing stunt. They want balance transfer interest, and they want usage fees, and everything else that goes with it. And they're targeting people who have a travel-related credit card who are more likely to spend on credit and spend on travel above and beyond the average credit card holder.
That's what marketing is.