Originally Posted by
DjRocket
Well this effectively allows earning 3x per $1 spent just like the old SPG card did, which was a good deal. Unfortunately the Marriott points lost value and the deal is not that appealing any longer, but given the cost of getting these points - placing orders on GCM and cashing out is still low enough to pursue the benefit, but that of course is YMMV. The big question here is whether AMEX is forgiving enough to count GCs as eligible purchases in spite of T&C, but that is the subject for a different thread I suppose.
pretty sure amex is watching closely. especially if ur doing 100k of just GC for the entire year. but maybe if you spread it out monthly, you wont get noticed.
Originally Posted by
RedSun
Do the Math, for Marriott, you spend $25,000 and receive:
$25,000 x 3 MR x $0.009 (MR value?) = $675 total, or 75,000 MR points total.
For $25,000 spends on World of Hyatt card, I receive:
$25,000 x 1 Hyatt point x $0.02 (Hyatt point value) = $500, plus one free Cat 1-4 room and 10 Hyatt stay credit.
I would rather put the $25,000 spend on Hyatt card instead of Marriott cards.
You could do comparison of other hotel cards.
Sorry to side-track it...
two totally different banks. thats a huge factor.