Originally Posted by
johndeere19
I bet that's only a portion of their marketing budget for this promo even. Apparently they're running ads during the weekend's basketball games and I'm guessing Alex Baldwin will be making an appearance...nether of which can be too cheap.
Well, that will be interesting. My guess is that this Flyertalk thread and related blogs (like ViewFromtheWing) are easily worth 5,000 apps. Maybe more. So that doesn't leave many miles (the billion) left for "the public."
The "problem" for CapOne is that Flyertalkers make terrible customers for most credit card deals. Almost all of us are going to spend $1K, collect our big bonuses, and never use the card again. Many less sophisticated members of the general public wouldn't even qualify for the full 100K bonus, and might continue to use the card (and pay the annual fee) after they reach the $1K spending threshold.
In other words, I think they will regret this offer. That is, if they're smart enough to actually interpret the "results."