This thread is
INSANE! The last time I read this was in the AM and returning 7 hours later, I see 7 new pages for me to read and review! How exciting?!?!
It took me a good 30 minutes to read through those pages and wonder.
There are lots of thoughts and opinions here but let me add my $0.02 (which I wish I could have somehow debited my AMEX and gain 1K bonus points for it).
1.
Rodgerbranch - Why keep on referring to QF and them getting worried? The truth is - this will hurt - that not every single bonus point earnt through this promo would be directed towards QF's way. Quite a few of us here would be sending those bonus points to AA and other places. For me, SPG is the final destination of these points.
2.
File51 - The truth is Woolworths DOES (except your 14 stores have currently/previously managed) accept AMEX regardless of the transactions amount. There are examples of this occurring from previous comments, and IF AND WHEN Woolworths decides to IMPOSE a minimum spend on AMEX, I would be avoiding Woolworths and shop elsewhere - as my family and I have legitamately purchased items under $5 on many occasions.
For Amex, I cannot see changing to a 40K limit would work in spirit of the this promo ie unlimited bonus points earn.
If they unilaterally did resort to this - I would protest by way of altering my spending habits using AMEX for the remains of 2008. Firstly, my first 40 purchases on AMEX would be the smallest amounts possible eg. morning coffee, the newspapers, chewing gum, parking meters. Then I would then REFRAIN / STOP from using AMEX from purchase 41 and so on until the end of 2008.
My other CC's can bear the fruit of any larger purchases for the remains of this year especially Christmas is coming up etc.