AMEX platinum business card, 150K MR with 20K spend in 3MO
#166
Join Date: Feb 2015
Location: Sacramento
Programs: RR, QS, AS MP, SPG
Posts: 233
#168
A FlyerTalk Posting Legend
Join Date: Sep 2002
Location: LAX/TPE
Programs: United 1K, JAL Sapphire, SPG Lifetime Platinum, National Executive Elite, Hertz PC, Avis PC
Posts: 42,211
Cost/Value of Amex 150,000MR Platinum Bonus
I am trying to decide if it's worth biting on this offer given the incredible amount of churn needed to get the full bonus, but here it is:
100,000 MR with 10,000 spend (90 days)
50,000 MR extra with 10,000 additional spend (same 90 days)
$450 annual fee
For me, I would be doing standard manufactured spend churn to hit the target, so that breaks down as:
$20,000/$200 gift cards = 100 gift cards
100 gift cards x $6 (avg) = $600
100 gift cards x $1 (avg) MO fee = $100
So, that gives me 150,000 MR for a total approx cost of $1,150 or .008cpp
I am looking for the highest and best use of the points given that I still need to fly frequently to maintain my 1k status, so cashing in for free tickets is probably not in the cards, but redeeming for upgrades on *A partners would be my only likely option, although I have two business class tickets to either New Zealand or Africa in the horizon over the next year or two, and that might be an option for a free ticket redemption.
Is this exercise really worthwhile in the eyes of the community?
100,000 MR with 10,000 spend (90 days)
50,000 MR extra with 10,000 additional spend (same 90 days)
$450 annual fee
For me, I would be doing standard manufactured spend churn to hit the target, so that breaks down as:
$20,000/$200 gift cards = 100 gift cards
100 gift cards x $6 (avg) = $600
100 gift cards x $1 (avg) MO fee = $100
So, that gives me 150,000 MR for a total approx cost of $1,150 or .008cpp
I am looking for the highest and best use of the points given that I still need to fly frequently to maintain my 1k status, so cashing in for free tickets is probably not in the cards, but redeeming for upgrades on *A partners would be my only likely option, although I have two business class tickets to either New Zealand or Africa in the horizon over the next year or two, and that might be an option for a free ticket redemption.
Is this exercise really worthwhile in the eyes of the community?
#170
Join Date: Apr 2012
Programs: 25 million points to burn!
Posts: 1,522
Why not just buy forty $500 Sunnies at WM? Instantly load them to your BB/Serve at KATE. That's under $200 in fees. Excluding the AF (which actually only costs you $50 the first year after 2 X $200 airline GCs), that works out to .11 cpp, after you factor in the 20K extra points you'll get for your spend. Waaaay better deal!
#171
Join Date: Dec 2009
Location: Los Angeles
Programs: Hyatt, Hilton, Marriott // WN, AA, BA, UA, AS // Avis
Posts: 1,314
I did this bonus a while back... of course, I was able to put about $6k of my required spend through AP and Serve, while the rest of it was legitimate spend.
But 150k points for $450 plus some minimal additional costs...
Dont forget you also get $200 (and really $400 since you can do it each year) in airline reimbursements, plus 10 free GoGo hot spot passes, plus the other perks of a Plat card.
To me, its def worth it, but to each their own.
But 150k points for $450 plus some minimal additional costs...
Dont forget you also get $200 (and really $400 since you can do it each year) in airline reimbursements, plus 10 free GoGo hot spot passes, plus the other perks of a Plat card.
To me, its def worth it, but to each their own.
#172
Join Date: Feb 2015
Location: Sacramento
Programs: RR, QS, AS MP, SPG
Posts: 233
IF you were to buy 40 of the same thing, same amount, location, etc.., wouldn't that raise a flag to Amex?
Same if you did $5k per month at Target for RB... would Amex suspend your account?
Could you mix in buying AGCs from their site via TCB, too, or would that sever the relationship?
***Or.... if you mixed it up between store buying of GCs... and RB.. and legit spend... and AGCs via TCB or other portal... would it mesh just fine?
Same if you did $5k per month at Target for RB... would Amex suspend your account?
Could you mix in buying AGCs from their site via TCB, too, or would that sever the relationship?
***Or.... if you mixed it up between store buying of GCs... and RB.. and legit spend... and AGCs via TCB or other portal... would it mesh just fine?
#173
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
http://www.flyertalk.com/forum/ameri...iscussion.html
http://www.flyertalk.com/forum/manuf...ue-2015-a.html
#174
Join Date: Jan 2013
Programs: Hilton Diamond, CC, Hyatt & IHG
Posts: 121
You may wish to explore this thread. Some success, some failure. Some posters may not specify personal vs business, but you can get a sense of what may work:
http://www.flyertalk.com/forum/ameri...solidated.html
http://www.flyertalk.com/forum/ameri...solidated.html
#175
Join Date: Aug 2013
Programs: AA EXP, Hyatt Diamond
Posts: 273
or redcard and $0 in fees?? net cost $450 for 150k MR + $200 airline reimbursements + amex centurion lounge access
#176
Join Date: Feb 2015
Location: Sacramento
Programs: RR, QS, AS MP, SPG
Posts: 233
OKay, 150k points Amex Plat Biz for $15k in 90 days was APPROVED! Received card the other day. Now to pony up and get $15k spent without severing ties with Amex.
Going to mix in some RB, normal spend... etc..... wife and I are going to be building a house so hopefully that'll mix into the spend too.
If anyone has some additional "safe" routes of getting some extra spend, "that'd be great". (Lumberg voice from Office Space)
Thanks!
Going to mix in some RB, normal spend... etc..... wife and I are going to be building a house so hopefully that'll mix into the spend too.
If anyone has some additional "safe" routes of getting some extra spend, "that'd be great". (Lumberg voice from Office Space)
Thanks!
#177
Join Date: Apr 2010
Posts: 49
So, I've met the initial 10k spend of my 150k offer.
By now, I realized that getting the points might be a long shot since I have a biz plat, albeit for another business.
Never hurts to ask, so I struck up a live chat. Played aloof, then when I eventually got the "not available to customer who have held in 12 months...." I got firm, but stayed respectful. Told them my spiel, about how I received such an incredible offer and I needed to have a card for my new business, and thought it was a perfect opportunity because the biz plat was so useful for my other business. I said no one mentioned that rule to me during my multiple confirmation calls and those over chat reassuring me that I'd get the points.
Had a chat screenshot ready incase they asked for any proof or whatever.
They asked for the referral code and how I got the offer and how I applied. I kept it all handy and told them exactly what I did.
The guy said he opened an investigation and escalated it for me since despite the rule of no bonus twice, I was promised the points, so we'll see what happens.
Could be nothing, could be a consolation offer, could be the whole deal.
I'll keep anyone posted that's interested.
By now, I realized that getting the points might be a long shot since I have a biz plat, albeit for another business.
Never hurts to ask, so I struck up a live chat. Played aloof, then when I eventually got the "not available to customer who have held in 12 months...." I got firm, but stayed respectful. Told them my spiel, about how I received such an incredible offer and I needed to have a card for my new business, and thought it was a perfect opportunity because the biz plat was so useful for my other business. I said no one mentioned that rule to me during my multiple confirmation calls and those over chat reassuring me that I'd get the points.
Had a chat screenshot ready incase they asked for any proof or whatever.
They asked for the referral code and how I got the offer and how I applied. I kept it all handy and told them exactly what I did.
The guy said he opened an investigation and escalated it for me since despite the rule of no bonus twice, I was promised the points, so we'll see what happens.
Could be nothing, could be a consolation offer, could be the whole deal.
I'll keep anyone posted that's interested.
#179
Join Date: Nov 2013
Location: United States
Posts: 526