Originally Posted by cheenzine
My home airport is Charleston, SC
I have been reading up on the Amex Blue Cash which was suggested but . . . This 5% cash back? Does this mean I will get "5k cash" back if I spend 100k? If so is that taxable income? That might not be a good thing. I would rather just have credits of some sort.
"because SPG points give you a 25% transfer bonus everytime you do a 20,000 transfer." --->What does that mean $20,000 transfer or 20,000 transaction? I made a few over 20k transactions last year and I am planning to do more this year.
Thanks
Read the details for Blue... There are a number of restrictions if you're to get the full 5% back - including keeping a balance on the card on which you pay a finance charge. As to the 25% bonus - if you transfer 20000 SPG points to an airline mileage program, you end up with 250000 airline miles.