Originally Posted by
notquiteaff
They could move the annual fee to $2000 if they offered $1750 in easy-to-use travel credit. Or pick any numbers X and (X - $250), as long as X is below the annual travel spend I am willing and able to put on the card.
Originally Posted by
SeaHawg
Ha! Absolutely! One could write off the annual fee as a business expense, and enjoy the perks.
The higher barrier to entry would help weed out Charlie and Claire Churner, and AMEX would have a more stable client base going forward IMO.
Actually this would not work at all unless the credit was changed to per card year instead of calendar year. Other wise you would see blogs all over the world saying to sign up to receive (X-250) in cash for the first year. In the example case it would be an extra $1750 in cash for the second calendar year travel credit. This gets worse the higher the credit.