In OZ we get one MR point per $AUD spent. That a 2.8 benter deal than a UK member or 1.8 better deal than a USA member. A weak currency is not ALL bad.

Re cars, most prestige dealers take them for full amount of car. GLADLY. huge signs at dealer yards (and I mean HUGE!) saying Amex accepted etc.

Here is the deal. Very simple -

A new BMW is $100,000. The CEO is allowed new car of his choice to 100K under his salary package deal, and the company will pay the $100,000 and it is budgeted for. Company writes cheque for $100,000 and gives it to executive and he places into his Amex account, placing him 100K in credit. Cheque stub says "New car for Bill Gates - Acme Car Sales". Car dealer chanrges car at list or thereabouts, so who gives a toss about 2% on that basis. Phones Amex anyway, and they do a deal at typically 1.5% of that figure for a single sale. Amex processes charge no hassles as card is in credit to that sum.

No one loses.

1. Amex make dough at 1.5%.

2. Company pays 100K for car, no more no less.

3. Executive gets 100,000 points in Amex MR

4. Car dealer gets a sale at close to list on a luxury car.



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~ Glen ~