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H
H (@guest_1799270)
February 17, 2024 20:12

its an offer aimed at people who don’t understand interest rates, but do respond to dollar signs.

Kevin
Kevin (@guest_1796660)
February 12, 2024 10:25

Just opened was targeted via email. No confirmation of promo, no promo code, no tracking that I can see. I screenshot everything so 🤞. Also amex has no plaid connectivity so everything has to be done the old fashioned way.

Anyone know when wells Fargo transfer limits reset I can do $15k standard on March 1 (I’m doing Wf bonus) how quickly can I get another transfer? Days hopefully I have to the 8th to get $25k in the account.

Luke
Luke (@guest_1798444)
February 15, 2024 22:06

Same also targeted and I opened and transfer 25k that posted on 2-9-2024. I’m not a huge fan of there being no tracker/promo code/email following funding of requirements. I’ll just leave the money in there until 5-8, hopefully a email will come eventually letting know it’s tracking.

Kevin
Kevin (@guest_1798634)
February 16, 2024 10:53

I did the checking account they did verify via email that bonus was deposited. Amex does take takes out of did for me anyway for the checking account bonus.

DS
DS (@guest_1796227)
February 11, 2024 00:34

A general comment on AMEX bonuses. I did the one in 2023 for 60,000 MR points on a business account, and I received a $600 1099-INT (I think, possibly MISC).

Kevin
Kevin (@guest_1796170)
February 10, 2024 19:23

“We may also cancel this account and other accounts you may have if gaming behavior is shown.”

😆

MarvMartian
MarvMartian (@guest_1795944)
February 10, 2024 00:01

Received this offer, only been with Amex for just over a year. Now I just need $25k.

Adam
Adam (@guest_1796158)
February 10, 2024 18:50

Good for you. I’m with them for 20 years, never had their savings account and got nothing. Maybe they really track how much bonus you got over the years.

Frogged
Frogged (@guest_1795860)
February 9, 2024 19:10

Money market account pays 5 percent they are going to have to up that bonus or their interest rate.

Lrdx
Lrdx (@guest_1795941)
February 9, 2024 23:46

They are paying 4.35% + the bonus is 1.2%

524 Purgatory
524 Purgatory (@guest_1795976)
February 10, 2024 04:51

If someone is already in a decent MMF like VMFXX @ 5.28, not enough of a value prop to move

Burnout1749
Burnout1749 (@guest_1796144)
February 10, 2024 17:54

More than doubling isn’t enough of a value prop?

Burnout1749
Burnout1749 (@guest_1796143)
February 10, 2024 17:53

$300 for $25k held for 60 days at 4.35% APY is 11.55% APY total. That’s quite a bit better than 5% APY.

$481.25 vs. $208.33

WhatdoIKnow
WhatdoIKnow (@guest_1795841)
February 9, 2024 18:06

I received an email and opened an account under my own name. I then noticed that the email was addressed to spouse. Any DP on how strict AMEX is with this type of situation?

James
James (@guest_1795823)
February 9, 2024 17:36

My last treasury buy was at 5.35% for 3 months. Since they are local tax free (and this Amex offer wouldn’t be), it’s pretty much a wash for me. And I don’t have to open a new account at Amex, just use my regular old boker.

G
G (@guest_1798363)
February 15, 2024 19:03

unless I’m missing something, where can i get 3-month TBill that pays ~$572 ($300 bonus + ~$272 on 4.35% interest) on $25K? That local tax to make it a wash would be wild…

Roy
Roy (@guest_1795782)
February 9, 2024 16:04

I didn’t get this offer, but it’s a good thing. I don’t have the $25,000 to let sit in there for 60 days and I am also currently handling two Bank account bonuses and two at one time is about what I can handle lol.

Samosa
Samosa (@guest_1795777)
February 9, 2024 15:56

Got the promo email for $300 bonus, its $50 less than the previous rounds but holding period is also reduced from 90 days to 60days, not bad.