i thought i would chime in here. I also signed up mostly for the EQM miles. I signed up in Sept of last year and crossed the 40K spend on Dec. 9th, just a couple weeks short of billing cycle
while i have gotten all miles for spending and the bonus sign up miles. the EQM miles have not shown up yet. In addition, I have already once again crossed 40K spend limit for this year. As Mastercard rep explained it, I should have 10K EQM from last year and 10K EQM from this year posted to my account.
Mastercard rep is supposed to call American to get this straitened out and added to my AA account. I also did verify that the EQM miles stay on my American account permanently, so they do accrue. All I want to do is hit the 50K EQM mark. I was/am willing to spend the $450 a year to get there in 5 years. We travel a lot internationally and it would be worth 2.5K to us. Unless they change the program.....again
I had 333K MM miles which hasn't budged in years as we always have more than enough reward miles to travel.