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Originally Posted by Kiwi Flyer
Must ... resist ... smart ... comment .... :burstingsmilie:
I failed to resist: I'm having this vision that the the P bit of WP may be superfluous in this discussion. :D |
Too late now for you, but moving Amex points to Starwood is the only game in town IMHO. Have moved literally millions over the years.
You can then use them for award flights on darn near ANY airline on earth. And very cheap hotel stays as well. Glen |
Originally Posted by NM
You don't mention your reasons for closing your Amex card. Assuming this is due to your mentioned retirement (and it was a company/business card), you could continue to hold and use an Amex card such as the Rewards Maximiser card (which is what I now have) and earn more points at 1.5 per dollar, which is a better earning rate than most.
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Originally Posted by jungzen
I don't know you can link your Corporate Amex card to personal points. I am under the impression that your company will take all the points. Can you enlighten me please.
When my employer decided to switch to Diners Club for our corporate card (that is another story completely, and I may be drawn in to explain sometime over a HP or two in a local QP), Amex told me I have a few months to do something with the points. I moved them to my QF FF account. About a year later I applied for a personal Amex Credit Card, and on the application form was asked for any previous Amex card details. I included my old Corp card account number. My personal Amex CC states "Member since 1993" which is when my original Corp Amex card was received, even though there was a period in which I did not hold an Amex card. When I switched from the Amex RACQ Gold CC to the Amex Rewards Maximiser Gold CC, my MR points balance was transfered to my new card. It was no problem. So if the Corp card is in your name and the billing address is the same as your personal card, there should be no issue in having the points from the Corp card moved to you personal card account. In my opinion, the points would only "belong" to your employer if your employer pays the MR membership fee. Mine does not. Our corp card policy clearly states that membership of any such program (including FF programs) is at the employee's expense. |
Originally Posted by jungzen
I don't know you can link your Corporate Amex card to personal points. I am under the impression that your company will take all the points. Can you enlighten me please.
When I was handed the application form, I added the card # of my existing AMEX affinity gold credit card. AMEX linked my existing gold card MR account to the Corporate Card, and added the "Member Since" to my Corporate Card as my original joining date with AMEX. I also wasn't charged the $89 MR fee for the Corporate Card. So all my Corporate Card points and my gold card points accrue to a single MR account. Perfect. |
There isn't really a mechanism for a company to accrue FF points that I'm aware of. Either the cardholder joins MR and earns the points, or no one does. There was a thread on this a while ago, but basically the tax office allows points up to a certain number each year to be earned through corporate expenses without incurring FBT.
My company employs a similar scheme to that of NM's when it used AMEX. The annual fee on a corporate card is paid for by the company, but all bills are sent to the individual. A 30 interest-free period is in force, so any expenses can be claimed before the balance must be paid. And the points are all mine! :D ^ |
Originally Posted by deeruck
My company employs a similar scheme to that of NM's when it used AMEX. The annual fee on a corporate card is paid for by the company, but all bills are sent to the individual. A 30 interest-free period is in force, so any expenses can be claimed before the balance must be paid. And the points are all mine! :D ^
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Originally Posted by NM
So if the Corp card is in your name and the billing address is the same as your personal card, there should be no issue in having the points from the Corp card moved to you personal card account.
I called Amex and was told that my company has barred personal MR on our corp cards. You guys have a good deal. |
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