Small update: Rumored spend requirement is $5,000 for the Luxury and $3,000 for the other two cards.
American Express will be launching the SPG luxury card soon (not sure if it’s still launching on August 1st, or if that will be the 18th now. Update: According to VFTW it will be a few days after the 18th. I’m guessing it will be post 26th when new rules go into place). We’ve speculated on what the bonus on that card will be but we’ve now received word from a reliable source that it will be 125,000 points when launched and that will be a limited time offer. The sign up bonus on the lesser SPG cards will be 75,000 points.
It’s also worth remembering that it’s rumored American Express will be adding new restrictive anti churning language to this luxury card as well. I’m 90% confident that these rumors are accurate (I just like to get these percentages so readers have some idea how reliable each rumor is).
