FlyerTalk Forums - View Single Post - Does Amex consider gift cards "cash equivalents"?
Old Jun 20, 2013 | 8:04 pm
  #72  
shel
20 Years on Site
 
Join Date: Mar 2002
Location: SF Bay area
Posts: 274
Originally Posted by jlgrandam
Man I have such a hard time figuring out how AMEX calculates the cashback. So it is one month behind? So we won't know if purchases from now on count towards 5% until the July closing date?
If you have the old BC card, you need to save the year-to-date spending by category now. A couple days after monthly closing date, the meter will be updated to include the latest spending amounts. Then you can compare it to the old values to find out which is counted and which is not.

The reward dollars are not updated until your next statment closes.

I'm not familar with the new BCP and BCE cards.
shel is offline