FlyerTalk Forums - View Single Post - Does Amex consider gift cards "cash equivalents"?
Old Jul 2, 2013 | 9:02 am
  #117  
Andy2
Original Member
All eyes on you!
25 Years on Site
 
Join Date: May 1998
Posts: 1,139
Data points:

May spending earned cash back, of course, but June Tracker bar presents difficulty.

47% Everyday, 53% Elsewhere. Reality is that over 85% was CVS.

I feel like the young people in that movie who received the note saying I Know What You Did Last Summer. The real horror is in the suspense and in trying to figure it out.

Possible conclusions from the AMEX I Know What You Did Last Month tracker bar:

1. Some of the registers provide detailed data allowing AMEX to adjust the reward from 5% to 0%/1%. We will never be able to figure out which register to use, so the card might be a 2% - 2.5% return card, which is still a good deal.

2. Sometime in mid-June, the entire detailed tracking system came into place, which means that from that point forward, the rewards are 0% or 1%.

Is anyone seeing a tracker bar from the June online system that gives 5% for all CVS purchases?
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