American Express Platinum 100K Bonus Points Back For Some

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gfhoffman
 
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Joined: Wed Jan 13, 2016 9:06 pm

American Express Platinum 100K Bonus Points Back For Some

Postby gfhoffman » Wed Jan 13, 2016 9:09 pm

Looks like we'll be seeing some more 100,000 point offers coming out! Anybody else have any info? Please share!


Bacon
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Re: American Express Platinum 100K Bonus Points Back For Some

Postby Bacon » Fri Sep 02, 2016 10:34 am

Yes we've received several in the mail but haven't acted on. I did recently get the Chase Reserve instead.

TXviking
Centurion Member
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Location: Palm Beach, Florida

Re: American Express Platinum 100K Bonus Points Back For Some

Postby TXviking » Mon Sep 19, 2016 3:47 am

I haven't gotten one yet. Guess I'm not "pre-approved" for whatever reason.

Stros05
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Re: American Express Platinum 100K Bonus Points Back For Some

Postby Stros05 » Thu Sep 22, 2016 9:47 am

I received a 100,000 points offer in the mail from Amex for the Platinum card. However, I would rather have the Chase Sapphire Reserve card.
http://www.creditcards.com/Chase.php

RWS
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Re: American Express Platinum 100K Bonus Points Back For Some

Postby RWS » Thu Sep 22, 2016 2:46 pm

Stros05 wrote:I received a 100,000 points offer in the mail from Amex for the Platinum card. However, I would rather have the Chase Sapphire Reserve card.
http://www.creditcards.com/Chase.php



The Chase sapphire Reserve mania continues to grow. I liked these recent quotes from Chase.

“We were seeing demand that was eight- to tenfold more than what we expected,” he says.

"Chase burned through its inventory of metal cards—a stock that was supposed to last 10 to 12 months. (The company declined to say how many Preferred or Reserve cards it’s issued.) To continue to sate the appetite for the Sapphire Reserve, Chase had to switch to standard plastic cards as placeholders. The bank says it’s now sent out as many plastic cards as metal—two years’ worth of cards, gone in less than a month."

http://www.bloomberg.com/news/features/2016-09-22/how-chase-made-the-perfect-high-for-credit-card-junkies?cmpid=yhoo.headline&yptr=yahoo

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PhillyPhoto
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Re: American Express Platinum 100K Bonus Points Back For Some

Postby PhillyPhoto » Thu Sep 22, 2016 3:01 pm

Chase burned through its inventory of metal cards—a stock that was supposed to last 10 to 12 months. (The company declined to say how many Preferred or Reserve cards it’s issued.) To continue to sate the appetite for the Sapphire Reserve, Chase had to switch to standard plastic cards as placeholders. The bank says it’s now sent out as many plastic cards as metal—two years’ worth of cards, gone in less than a month.

This is with 5/24 in place too. They probably would have gone through 3-4 years worth of cards if churners were able to get their hands on it.

CSR holders had spent $1.5M on Airbnb & Uber alone as of a Sept 12th article (a few weeks after it's release). So their interchange fees must be nice on that ($30,000 at a low 2% - definitely much more than that in reality). Not bad for a few weeks.

How I imagine Chase feeling right now:

Image
Main Cards:
Amex: Surpass
Chase: Hyatt

Sock drawer Cards:
Amex: HHonors, MB Plat
Chase: Amazon.com Rewards, Freedom
Citi: Macy's Amex, Simplicity, ThankYou
Citizens Bank: Cash Back Plus World
Discover: it
Elan: Bank Rewards
Synchrony: PayPal Extras

755 Eq (12/16)|748 TU (12/16)|726 Ex (1/17)

TXviking
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Re: American Express Platinum 100K Bonus Points Back For Some

Postby TXviking » Sun Sep 25, 2016 4:04 am

I'm tempted by the CSR, but I got a CSP a few months before the news broke. Now a CSP and a CSR would feel redundant, so I'm going to at least wait until the CSR AF comes due before considering a second app.



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