Posted by Chuck on March 8, 2018
Credit Cards

Published on March 8th, 2018 | by Chuck

40

[Expired] [Targeted] Amex Sending out Huge Spend Offers for High-Spenders, up to 300,000 Bonus Points

This deal is no longer available, more American Express deals can be found here.

The Offer

Amex is sending out a huge targeted spend bonuses on Membership Rewards cards. Unfortunately, there are very high spend thresholds to get the bonus. The bonuses all have two tiers, I’ve combined the tiers for simplicity:

  • Get 325,000 bonus Membership Rewards points or $2,695 after spending $1,450,000 by August 31
  • Get 140,000 bonus Membership Rewards points or $665 when spending $650,000 by August 31
  • Get 80,000 bonus Membership Rewards points when spending $295,000 by August 31
  • Get 32,500 bonus Membership Rewards points or a $210 statement credit after spending $65,000 by August 31
  • Get 25,000 bonus Membership Rewards points or a $205 statement credit after spending $25,000 by August 31

Image from DDF

The Fine Print

  • Must enroll by May 1, 2018
  • Must complete the spend by August 31, 2018

Our Verdict

Most of these offers are between .2x bonus and .5x bonus; the last offer mentioned above is the best one with a full 1x bonus. Seems like Amex is going the way of Fidelity with targeted bonuses where they give each person different goals based on spend history.

Be sure to calculate out whether you can meet the high spend and whether it’s worth putting the spend on your card, for example, if you regularly make $5k+ purchases on your Business Platinum, your base earn is 1.5x, plus the spend bonus.

Hat tip to DDF and r/churning 

 



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Elias
Elias

Great! Good timing, I was just going to purchase a Yacht!

Simon
Simon

can I sail with you? 😉

Pi-nope
Pi-nope

I was going to purchase a yak.

Credit
Credit

Do you look good in a bikini?

Just a Note
Just a Note

No, but the yak does.

John K
John K

I hope this comment wins one of the best monthlies

MSer
MSer

Meager bonus. Is any high spender going to care about a piddling 300K MRs if they’re spending $1.45M in 5 months on a cc?

mmgfarb
mmgfarb

Yes

Centurion
Centurion

The 300k is a “nice extra” for a lot of these people. People spending this kind of money don’t really care about maximizing their points, it’s all about convenience.

tinytavosa
tinytavosa

I just wanna know one to give a tip for them spending 20k on my new Business Plat. Rotfl… HELP

Then again I might not need to tip if they don’t reimburse 🤣

Rodney
Rodney

I think they are trolling us.

captainsave
captainsave

Foreals

Mike L
Mike L

Just wait for the RAT Team to try and pull the “Even though you spent $1.2M, you bought a $25 VGC… no bonus for you!”

Abey

😂😂😂

wzb
wzb

you are genius, the RAT team should hire you as the manager

D
D

The RAT team? The “Rewards abuse team” team?

Tom
Tom

Looks like a honey pot to me.

shipitkthx83
shipitkthx83

IT’S A TRAP!

The Value Traveler

the RATs are getting very aggressive…..this is true

Robert
Robert

I was not targeted… Sad..

Kevin
Kevin

Unbelievable. Why didnt they target me for this 3 months ago. Just completed 1.5 mil spend as of last month. Do you think if I secure message them they will honor that offer?

NinjaX
NinjaX

need to find ur magical WM or is this MS or legit spend like resell?

Kevin
Kevin

Who wants to know?!

NinjaX
NinjaX

this is such a fucking RAT TRAP.

group 1: legit to begin with. already spending huge for business and personal primarily on charge cards. raking in millions in points from massive legit spend but still pay cash for J and F anyway. maybe they do use points for vacation, but these guys dont need to push themselves in any way for spend. promo is just icing on the cake which they prob dont give a shit about given their spend and raking in points like candy.

group 2: we are the real targets for this promo to bring out HHs. just look at whos targeted. why would “average” consumers like us be targeted for something this crazy? these numbers are easily done by HH all the time. especially on BBP and SPG and delta 250k or whatever other amex CC being abused via MS. amex RATs probably also looking for reseller L3 data as well to gather more algo data since its technically not “perk abuse”. to me, this shit is too obvious. RAT is being brazen here to see who is stupid enough to bite and show themselves. no reason for amex to reward legit users of 1.4MM spend because spend is already being done. this is targeted to us “travel hackers” after amex had already launched a war on perk abuse terror.

nice move amex. u can suck it.

Ben
Ben

Paranoid much?

Dave C
Dave C

I love these kinds of posts because all of the comments that somehow know what big spenders are thinking.

VK
VK

I got a call just yesterday from someone stating that since “I had made a lot of big spends recently would the pattern continue into the future as we encourage our customers to spend well and pay it off aggressively within a month-is there something we can do to make it better for our customers?”
While I played along smelling some spending bonus, I was wondering on the large spends I had made in the recent past; seems like my credit card rental hold in Mexico triggered this (they hold like 10% of the value of the car if you don’t buy their insurance).
Once the CSR realized this, she promptly tried to end the call quickly 🙂

Kevin
Kevin

Lol, like a Ferrari salesman immediately finding out you were not a celebrity and assumes your wasting their time

jason
jason

the second offer statement credit total is $1155 not $665

05/01/2018
AND EARN
100,000
MEMBERSHIP REWARDS® POINTS
OR A
$825
STATEMENT CREDIT
after you spend $500,000 on qualifying purchases with your enrolled Card between the time you enroll and 08/31/20181.
THEN EARN ANOTHER
40,000
MEMBERSHIP REWARDS® POINTS
OR A
$330
STATEMENT CREDIT
after you spend $150,000 on qualifying purchases with your enrolled Card by 08/31/2018.

Harry
Harry

Was this offer in an email or when you login to your account?

scott
scott

Man, I’m going to have to rev up my spending to meet the $1.5 million by end of summer. Maybe I can buy a nice home and then flip it.

frogger
frogger

I doubt many of the people who are putting 1.5 million on their card in 6 months are hanging out at Doctor of Credit. I can see them wading through all the 10 dollar off coupon for Staples and then going oh this one is for me.

Robert
Robert

Well well…
I spend that much and I love doc of credit.
This is how I started doing business.
I’ll always remember that hand that fed me first

NinjaX
NinjaX

pretty sure that comment was referring to someone spending that amount on personal items. aka celebrity level of spend. if u make enough to spend 1.5MM on urself then yea, ur not analyzing every doc post due to % impact altho deals may still be part of ur personal finance strategy overall such as CC and travel.

however, since u spend that amount, is that MS + resell + biz spend combined? or just MS at HH levels? or maybe u do in fact spend 1.5MM on life. good for u.

LC
LC

You should never EVER take the statement credit because at very minimum MR is worth 1:1 ratio. Even if you are looking to turn it into cash, you can sell to a miles broker for 1:1.26 after all fees. Wish I had that kind of spend…

Nicole
Nicole

yes but credit is still credit- even if its the worrt value you had the funds to pay for the item- the credit is just an added bonus

Faz
Faz

Nice

Didn’t see any of the offers , are they getting email or alert in the account??

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