Originally Posted by
f0xx
How is it a big deal?
$3.95 fee for $1,000
People were happy paying $3.95 for $500 for VR.
You're risking anywhere from $20-40 per $1k in cash back by trying to rid the $3.95 fee.
People were happy paying $3.95 for $500 for VR because the CC return was 5x. At lower returns the demand drops considerably. If AMEX starts limiting CB to $500 denomination and the payout returns to historical levels (sub 2%) there will be minimal added benefit from ordering AMEX GCs.