Re: HOWTO Increase the amount of AMEX transactions
I confirmed not long ago YES there is a 40,000 point cap, the rep tried to explain that due to some people abusing the program they had to bring in the cap, blah blah blah.
AFAIC
there is no cap. The t&cs state that quite clearly.
As for the rep saying that people were abusing the program ---- Bollocks! (the rep, not lovestotravel) That's no reason to change the conditions -- Simply deal with the abusers. If, as the rep told you, it is being abused, clearly they know who the abusers are and can deal with them.
People are reporting that they are enrolling by phone as late as yesterday and being told
there is no cap.
Amex are not stupid and would have done the sums before offering this. Most people I know would average 30 - 75 transactions per month. That equates to 30,000 - 75,000 points. We must assume that the promotion is designed to
increase our use of Amex, therefore
Amex would expect to be paying each and every punter who registered for the promotion somewhere in the vicinity of 90,000 - 225,000 points or so for the entire promotion even if they
didn't change their spending habits.
I'll be changing my habits in a moderate way and waiting to see what happens. Any speculated 40,000 cap should become obvious in only a week or so. Then, and only then will I consider my position. At the moment I am more than happy.
p.s. I'm amused at the (almost hysterical) speculation going on in this thread. I think a few posters need a cold shower.