Author Topic: AMEX 5% CASHBACK DEAD? (Read 92916 times)

CountValentine · « **Reply #140 on:** January 15, 2014, 12:04:46 PM »

Quote from: ilherman on January 15, 2014, 12:01:23 PM

What do you mean by saying it will go the way of the BCP?

They capped the earnings on the BCP. Made the card worthless.

Dan · « **Reply #141 on:** January 15, 2014, 12:06:51 PM »

Quote from: CountValentine on January 15, 2014, 11:53:53 AM

Just a matter of time to you turned to the dark side.

I definitely wouldn't waste a pull on it, but no reason not to do a conversion and play switch hitter for a bit.

ilherman · « **Reply #142 on:** January 15, 2014, 12:08:10 PM »

Quote from: CountValentine on January 15, 2014, 12:04:46 PM

They capped the earnings on the BCP. Made the card worthless.

But whoever has the old BC card does he still get unlimited 5% CB?

If so, he probably doesn't need a job he can drive around all CVS's/GS/G for a living.

CountValentine · « **Reply #143 on:** January 15, 2014, 12:11:32 PM »

Quote from: ilherman on January 15, 2014, 12:08:10 PM

But whoever has the old BC card does he still get unlimited 5% CB?

Yes but if they cap it my card will be history with all of the new ones. I sure hope I am wrong.

Dan · « **Reply #144 on:** January 15, 2014, 12:14:17 PM »

Hard to see this not being capped just like BCP (which comes with a $75 fee to boot).
Enjoy it while it lasts, don't waste a pull on it.

ilherman · « **Reply #145 on:** January 15, 2014, 12:16:15 PM »

Quote from: CountValentine on January 15, 2014, 12:11:32 PM

Yes but if they cap it my card will be history with all of the new ones. I sure hope I am wrong.

Still not clear.... When you say "but if they cap it" you mean, if they cap the new one's, the old one's will get capped as well?

raccah · « **Reply #146 on:** January 15, 2014, 12:22:32 PM »

Thanks dan - great idea - I converted my second SPG, one SPG is enough

CountValentine · « **Reply #147 on:** January 15, 2014, 03:53:09 PM »

Quote from: ilherman on January 15, 2014, 12:16:15 PM

Still not clear.... When you say "but if they cap it" you mean, if they cap the new one's, the old one's will get capped as well?

That would be my guess.

CountValentine · « **Reply #148 on:** January 15, 2014, 04:03:44 PM »

Quote from: Dan on January 15, 2014, 12:14:17 PM

Hard to see this not being capped just like BCP (which comes with a $75 fee to boot).
Enjoy it while it lasts, don't waste a pull on it.

Not sure why you would think this would be wasting a pull. If I had a choice of getting 12 SPG business cards with one pull or this card the answer would be simple.

Dan · « **Reply #149 on:** January 15, 2014, 04:05:35 PM »

Quote from: CountValentine on January 15, 2014, 04:03:44 PM

Not sure why you would think this would be wasting a pull. If I had a choice of getting 12 SPG business cards with one pull or this card the answer would be simple.

What about getting the bonus on 12 SPG cards and then converting one to this.

PBaruch · « **Reply #150 on:** January 15, 2014, 04:07:52 PM »

How is Amex lately with 3bm's - easy to accomplish? My year is almost up since I last had the SPG cards and I want to get the Blue Cash and the SPG personal and business.

CountValentine · « **Reply #151 on:** January 15, 2014, 04:08:28 PM »

Quote from: Dan on January 15, 2014, 04:05:35 PM

What about getting the bonus on 12 SPG cards and then converting one to this.

That would be the best of both worlds. You know anyone that pulled it off?

Penguin711 · « **Reply #152 on:** January 15, 2014, 04:17:50 PM »

Quote from: Dan on January 15, 2014, 12:14:17 PM

Enjoy it while it lasts, don't waste a pull on it.

If I plan on doing a pull for a 2BM for Amex anyways (starwoods & PRG) is it a waste to make it a 3BM and include this card as well?

Dan · « **Reply #153 on:** January 15, 2014, 04:19:33 PM »

Why not just meet the spend threshold on a card with a bonus and convert?

Penguin711 · « **Reply #154 on:** January 15, 2014, 04:22:57 PM »

Quote from: Dan on January 15, 2014, 04:19:33 PM

Why not just meet the spend threshold on a card with a bonus and convert?

Thanks. So I'm better off meeting the spend threshold on the SPG and then converting it - but do I run the risk of this going dead before I have a chance to convert?

CountValentine · « **Reply #155 on:** January 15, 2014, 04:29:38 PM »

Quote from: Penguin711 on January 15, 2014, 04:22:57 PM

...but do I run the risk of this going dead before I have a chance to convert?

Yes.

Penguin711 · « **Reply #156 on:** January 15, 2014, 04:47:00 PM »

Quote from: CountValentine on January 15, 2014, 04:29:38 PM

Yes.

. Plan B is to see if my Amex 2BM
for my wife gets approved tonight, if (hopefully!!) it does, convert my SPG into this card and just add myself as an AU onto hers. Is that feasible/a good/bad idea?

mgarfin · « **Reply #157 on:** January 15, 2014, 05:06:53 PM »

Guys just saw this thread I have an SPG thats up for AF

Is this card only if I want to do allot of spending?

ilherman · « **Reply #158 on:** January 15, 2014, 06:13:44 PM »

@Dan, I'm due for a AOR, and I wonna include this new BC, will you have a link aanytime soon? Or because this offer is not marketed, you wona have a link?

bubbles · « **Reply #159 on:** January 15, 2014, 06:16:53 PM »

Quote from: Dan on January 15, 2014, 04:19:33 PM

Why not just meet the spend threshold on a card with a bonus and convert?

very YMMV with being able to convert