Originally Posted by
peegeenyc
I can't believe how ridiculously confident everyone here is that they will get $1100 from C1, for spending $1000. You really are delusional.
airlines can do it because they are giving you a seat that otherwise would be empty, and has a flexible value to it from zero up. This supposedly =cash, and therefore very unlikely to be fulfilled in the way people are talking here.
Capital One are gaming you. Gaming the gamers. They are not dumb, and yes they know about mileage freaks like us. Please be rational, and keep a firmly cynical eye on these offers.
What's the most I have to lose on this? 2 minutes to apply and $1k spend that I would otherwise do on another card. I see no downside and $1100 of upside.
Originally Posted by
iahphx
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."
I think you greatly overestimate the number of people from here with 100k balances who have applied.
In other words, I think they will regret this offer. That is, if they're smart enough to actually interpret the "results."
n this we can agree!