Why the buzz at Menendez trial turned to AMEX points and lofty rewards
Sep 12, 2017, 7:06 am
#1
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Why the buzz at Menendez trial turned to AMEX points and lofty rewards
I am sure a funny read for FT`ers
http://www.nj.com/politics/index.ssf...art_river_home
http://www.nj.com/politics/index.ssf...art_river_home
Sep 12, 2017, 7:17 am
#2
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650k for 3 nights at a Park Hyatt... 134k for a grill... and we trust these dudes to spend our actual money...
Sep 12, 2017, 7:18 am
#3
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I am sure a funny read for FT`ers
http://www.nj.com/politics/index.ssf...art_river_home
http://www.nj.com/politics/index.ssf...art_river_home
Sep 12, 2017, 7:19 am
#4
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If the Florida guy or the NJ guy asked for advice here, they may have found a way to get four nights at that hotel for well less than 650,000 Amex points. It might not get you a suite, but it would at least get you a room at the place.
Sep 12, 2017, 10:13 am
#6
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Gary from VFTW had a good write up on this
http://viewfromthewing.boardingarea....d-amex-points/
- Senator Menendez promised to reimburse the donor for the 650,000 points used to pay for 3 nights at the Park Hyatt Vendome
- He was going to use his own Amex points once he accrued them. However American Express Vice President Andrew Thomas testified that “[i]t would have taken the New Jersey senator 30 years to acquire that many points based on the rate he was accumulating them”
- He had only 58,000 points in his Membership Rewards account at the time.
- Menendez redeemed 135,000 points “to purchase a high-end grill in 2013.” It’s unclear whether the grill was for himself or given to the donor. But three years later that means he had accumulated at least 25,000 points per year.
http://viewfromthewing.boardingarea....d-amex-points/