AMEX platinum business card, 150K MR with 20K spend in 3MO
Nov 17, 2015, 12:44 pm
#241
Join Date: Apr 2014
Location: NYC
Posts: 94
Not sure if I'm posting this on the right thread. But I got an bonus offer for 150k points for Platinum buisness. Spend 20k. Is it worth it to go for with the $450 fee not waived? Please advise and let me know the advantages of getting this. Also I have no idea of how manufactured spending works? Any tips please
If you have difficulty spending $20K over 3 months then the promo may not be worth your trouble. Manufactured spend means you buy stuff you were otherwise going to (paying bills using Plastiq, purchasing cash equivalents like gift cards to then use for day to day purposes) but you go through some extra hassle or cost to get it on a credit card. I don't do MS per se although I buy as many gift cards as I have time for from Staples to get 5X on Ink. I find the GCs to be about as much headache as I want to live with; the hardcore, real-deal manufactured spending tricks require constant vigilance, a large cash float, and point of sale behaviors that will appear quite eccentric even to many seasoned FT users.
Nov 17, 2015, 1:01 pm
#242
Join Date: Apr 2015
Location: BDL, BOS
Programs: Marriott Lifetime Titanium, AA EXP, IHG Diamond Ambassador, Hyatt Explorist
Posts: 624
Are there any public offers or RSVP codes for this? Bummed that I missed out earlier this year.
Not sure if I'm posting this on the right thread. But I got an bonus offer for 150k points for Platinum buisness. Spend 20k. Is it worth it to go for with the $450 fee not waived? Please advise and let me know the advantages of getting this. Also I have no idea of how manufactured spending works? Any tips please
Nov 19, 2015, 8:34 pm
#243
Join Date: Feb 2003
Location: SFO or OAK
Programs: AA 1MM GLD, Hertz #1 Gold, bunch of other programs w/no status
Posts: 1,446
150K pts for $15K spend
Just got this offer in the mail: 100K pts after $5K spend in 3 months and an extra 50K pts if I spend an additional $10K in the same period. Thinking about it....
Nov 20, 2015, 1:57 am
#244
Suspended
Join Date: Dec 2014
Posts: 8,460
If you have the ability to do 15k, that would be nice. With the death of RB and no big expenses coming up, that would be out of reach for me sadly.
Nov 20, 2015, 9:30 am
#245
Join Date: Feb 2003
Location: SFO or OAK
Programs: AA 1MM GLD, Hertz #1 Gold, bunch of other programs w/no status
Posts: 1,446
Yeah, I'm still waffling. I think I can do the first $5K pretty easily with regular spend, and I can easily do another $10K in 4th quarter estimated taxes, but that will incur a ~$240 fee. Still, $240 for the extra 50K pts (+ 10K pts for the spend) is only about 0.4 cents/pt, which is pretty good. Hmmm, better start filling out the application so I can get the card before end of the year and get my $200 airline credit for 2015 (they still do it by calendar year, right?).
Nov 20, 2015, 9:31 am
#246
Join Date: Oct 2014
Posts: 827
I'm not sure most people would agree with your definition of MS. MS is creating spend where none existed, hence the name. It's creating a vicious circle of money forever eating its own tail that doesn't exist anywhere except as roughly matching debits and credits on the balance sheets of various entities.
Nov 20, 2015, 10:23 am
#247
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,949
Moderator reminder
Agreed, philip0 described category shifting, which is a useful technique for earning more points per dollar of real spend. In any event, Flyertalk has a separate forum dedicated to Manufactured Spending and related techniques. We do not need to replicate the discussion here.
Nov 20, 2015, 10:29 am
#248
Join Date: Apr 2014
Location: NYC
Posts: 94
I'm not sure most people would agree with your definition of MS. MS is creating spend where none existed, hence the name. It's creating a vicious circle of money forever eating its own tail that doesn't exist anywhere except as roughly matching debits and credits on the balance sheets of various entities.
Mar 7, 2016, 10:59 am
#251
Join Date: Mar 2013
Location: Jackson, WY
Posts: 543
So I just got the 150k offer for $20k spend offer for the business card.
How I believe I got targeted - it was offered to my new business in Wyoming that I registered in October. It has relatively low gross income (maybe $50k) and just one bank account. I think it was 100% tied to that business. It does have a federal EIN. I'd have to guess it has to do with that - or the zip code, which is Jackson, WY which is a very high end community.
Hopefully that info helps somebody! Now to find out if they will let me AND my wife use it!
How I believe I got targeted - it was offered to my new business in Wyoming that I registered in October. It has relatively low gross income (maybe $50k) and just one bank account. I think it was 100% tied to that business. It does have a federal EIN. I'd have to guess it has to do with that - or the zip code, which is Jackson, WY which is a very high end community.
Hopefully that info helps somebody! Now to find out if they will let me AND my wife use it!
Mar 7, 2016, 11:09 am
#252
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,949
When you apply for a business card you agree to use it only for business purchases, but this is a formality required because the card has fewer consumer protections than do personal cards. American Express will not notice if you use the card for personal transactions. However, it is very expensive ($300) to add supplementary Platinum card to a Business Platinum account. You can add a supplementary Green card for free.
