Originally Posted by
lax01
In my defense, I think this is going to be the last AMEX card I can open for awhile...so don't want to open one that isn't providing a bonus...and I already have the Preferred Credit card which provides 1.5MR per $....the .5MR per dollar just doesn't seem worth it without the min-spend bonus (plus self-referral bonus)
If you view it as a 2% (minimum, depending upon how you value MR points) rebate card with no annual fee...AND it preserves your MR points if you decide to cancel other AMEX MR cards, then it makes sense to obtain the card and hold it forever (or until AMEX changes the T&Cs.) A self-referral bonus is icing on the cake.