Use the card to get points?
Jun 2, 2011 | 6:16 pm
#1
Original Poster
Join Date: Apr 2010
Location: jfk, lga
Programs: Amex Gold Pref. Rwds, Mariott Gold, AA Gold
Posts: 64
Use the card to get points?
I am going to redo all the windows in my home. The contractor is charging me $15,000 for the job. He states that I can get a $300 discount if I pay cash / check.
My question is, for 16,500 amex gold points, is it worth the $300 I would save?
If I charge the work, I will pay off the balance without any interest accruing.
I almost want to say that this is a no brainer that I should use the card to get the points, but $$$ in the pocket is nice too.
Thanks
My question is, for 16,500 amex gold points, is it worth the $300 I would save?
If I charge the work, I will pay off the balance without any interest accruing.
I almost want to say that this is a no brainer that I should use the card to get the points, but $$$ in the pocket is nice too.
Thanks
Jun 2, 2011 | 6:29 pm
#2
Join Date: Mar 2011
Location: ILM
Programs: AAdvantage, SW RR, UA Mileage+
Posts: 44
Guess it really does depend on the old adage: "it depends on what you value those points/miles at."
16,500 points for $300 is a little over 1.5 cents for point. That's pretty good in my book and would probably be worth it. Your valuation might be different.
16,500 points for $300 is a little over 1.5 cents for point. That's pretty good in my book and would probably be worth it. Your valuation might be different.
Jun 2, 2011 | 8:11 pm
#4
Join Date: May 2011
Programs: As many as I can!
Posts: 344
Better yet, why not purchase American Express Gift Cards through Big Crumbs? You will get cashback and the card processing fee is waived if you use code EMSVCA.
You will get 1.6% cash back, so the cost of those 16,500 miles would be $300 - $240 Cash Back or $60.
That's a Cost Per Mile of 0.36 cents - which is FANTASTIC!
If you do go the American Express Gift Card Route, make sure to buy the cards from the Business section of the AMEX gift card website - the personal site has a limit of $5000 per purchase.
You will get 1.6% cash back, so the cost of those 16,500 miles would be $300 - $240 Cash Back or $60.
That's a Cost Per Mile of 0.36 cents - which is FANTASTIC!
If you do go the American Express Gift Card Route, make sure to buy the cards from the Business section of the AMEX gift card website - the personal site has a limit of $5000 per purchase.
Jun 2, 2011 | 9:33 pm
#6
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,742
Now, back to our regularly scheduled programming.
