Author Topic: Meeting spending thresholds  (Read 902 times)

Offline eehlye

  • DansDeals Copper Elite
  • *
  • Join Date: May 2008
  • Posts: 18
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
Meeting spending thresholds
« on: February 01, 2011, 01:22:16 PM »
This topic has been discussed from a few angles but I did not find it discussing the following question:

Does anyone have first hand experience in making a large purchase to meet a spending threshold and then returning the item?

I am not concerned with the lost transaction miles/points, I know they take/want them back.

I want to know what impact it has on the time based bonus.

There are also two different categories of bonuses that may have different results.

1) Gift cards. For example the recent Southwest promo giving $500 in gift cards for spending 5k in 90 days. I assume if the transactions are there they will send out the cards and it won't be connected to the existing account when you go ahead and refund the transaction.


2) Points. If you do a similar thing with the Amex plat the points are always linked to your account making it potentially easier for them to take them back.

Any experiences, opinions, or comments?

Please post

Thanks!

Offline parnas

  • DansDeals Copper Elite
  • *
  • Join Date: Feb 2011
  • Posts: 1
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Meeting spending thresholds
« Reply #1 on: February 01, 2011, 08:11:41 PM »
I have the same question!

Thanks for asking for me!

Offline mr. perfect

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Jul 2010
  • Posts: 279
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: cleveland
Re: Meeting spending thresholds
« Reply #2 on: January 27, 2014, 01:25:56 AM »
Do transactions have to POST to your account or is it okay if its PENDING when the 3 months are up ?
be smart and don't mess things up please

Offline Am

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Nov 2011
  • Posts: 945
  • Total likes: 1
  • DansDeals.com Hat Tips 2
    • View Profile
Re: Meeting spending thresholds
« Reply #3 on: January 27, 2014, 09:31:50 AM »
Do transactions have to POST to your account or is it okay if its PENDING when the 3 months are up ?
once it posts it will have the date that the transaction took place