Strategy to obtain US Amex

[georgie23]

Yes still at currency rate

 

[blacksultan]

Is it worth transferring? I have about 150k AU MR currently split between Ascent Premium and Ascent

Yes . But Dependent on forex rate

Post automatically merged: Today at 5:39 PM

Do they still transfer at the same as USD:AUD?

I usually wait for a transfer bonus to Singapore, Avios or Virgin Aus

Yes .

 

[djchuckles]

Thanks both. Only have Hilton card so far so will wait til I get the gold to transfer

 

[blacksultan]

Thanks both. Only have Hilton card so far so will wait til I get the gold to transfer

Advisable to get a free MR card in US that way you can keep it forever ( your oldest card for CR ) and use it for warehousing irrespective of what other cards you’re open and close .

 

[jbmemories]

I’ll tell you in a few weeks! Just approved for US personal this morning from Aus Biz via GT.

Nothing I have read tells me that it’s not possible to transfer the MR points and they are the same type of 'Point' as earned on the personal cards

Not sure about between AU accounts, only have business ones setup

Transferring between US and AU is possible and vice versa. I was told by AMEX Aus that next time I want to transfer, call the side you're transferring FROM first (it doesn't really matter too much, but apparently easier for the other party to track). Takes a few days and will be converted at the market rate for AUD/USD at that point. Note AMEX is a payment processor so they handle their inhouse FOREX, they use to have a calculator on the AU website but appears to no longer have it usable

Note, if you have just the Ascent Points here in Australia (not Ascent Premium that Amex Plat Aus gives), they just treat it all the same on the other side as 'MR' - no further conversion reduction is made!

 

[georgie23]

Advisable to get a free MR card in US that way you can keep it forever ( your oldest card for CR ) and use it for warehousing irrespective of what other cards you’re open and close .

Which free MR card is there? - I thought green was cheapest MR option @ $150 per year

 

[nthd_nthd]

Which free MR card is there? - I thought green was cheapest MR option @ $150 per year

Everyday no annual fee one. If you don't want to loose 1 slot of 5/24 then downgrade (after min 1 year) one of aMex card to this Annual fee free to keep your MR

 

[georgie23]

Thanks wasn’t aware could do it