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Targeted Amex Offer: Spend $200 earn 20k MR
A few days ago I received an Amex Offer from Intermedia to spend $200 and receive 20k Membership Rewards. Now…that is a ridiculously sweet offer to straight up buy Amex points for $0.01. I recently wrote where my Amex Biz Plat is going to get a minimum $0.02 redemption value until October because of the Amex 50% back extension. I’m not an arbitrage expert, but I’m pretty sure this is a no brainer. Now…how exactly do I go about spending $200 at Intermedia which is a cloud computing company and doesn’t have random bips and bops to buy. I think I figured it out and I’ll walk you through my idea.
Here’s my targeted offer: Spend $200 with Intermedia and get 20k Membership Rewards!
The details say I go to Intermedia.net/amexoffers
When you go there this is what you see.
Now we need to hit $200…That’s a slight problem because they are monthly user fees. The last one is the only one that would break $200 in a year’s time for one user however we have to hit this by 9/25/2017 in one or more transcations. Hmmmm
Oh, wait. Option one gives us a couple pieces of valuable info.
- 3 users are needed. That’s great because we need to hit $200
- I save $1 a month if I buy an annual subscription
- This is even better. The $200 spend needs to hit my card by 9/25/2017
This amounts to $22.47 a month. Or $269.64 for an annual membership OR roughly $0.013 per point
I’m more than likely going to go ahead and buy this deal out in the next few days. It almost seems to be too good to be true. The biggest thing I’ll have to remember is to cancel the memberships before renewal – an easy calendar reminder I’ll put on my phone.
Amex Membership Rewards are one of my favorite currencies and I often transfer them to Singapore Airlines to redeem on their partners. Which partners? So glad you asked
Lufthansa First Class 80k point for first class from Europe to the States.
Singapore Suites – 50k within Asia Ok this isn’t a partner, but still a badddddmamajamma of a product
And a great sweet spot in Asia on EVA – just 27,500 miles
The worst case scenario is I redeem them through Amex Travel for $400 worth of flights before October rolls around. Were you targeted and are you going to buy some random cloud computing for points? Talk to me people!
Chase Freedom Flex?
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A Monkey Miles favorite for beginners and point pros alike because it earns 3-5x on select categories + Enjoy 5x on groceries up to $12k a year + $200/20k welcome bonus and no annual fee!
♥ Earn 20k Bonus Points or $200 after $500 Spend in 3 months
♥5x on travel booked with Chase Travel, 5x on rotating quarterly categories ( capped at $1500 per quarter )
♥5x on grocery stores, up to $12k ( no Target/WalMart) on your first 12 months of cardmembership
♥3x on all dining and qualifying delivery apps
♥0% interest on new purchases for 15 months
Is this monthly charge even when you choose annual subscription?
Sean – I haven’t purchased it yet, but I believe when you buy the annual pass it’s a one time fee
Hey Sean – the billing is prorated for the first month and not billed annually.
I’m targeted. I initially signed up for the secure email for regulated industries. The initial charge should’ve been $204. Setting it up was very complicated and they did not want to charge me until my emails have been migrated to theirs. I didn’t want to bother so I canceled and wasn’t charged any. I might try your cloud email strategy. Have you done this yet?
Hey Mark – I haven’t done it yet, but was going to look more seriously into it in the next few days. Good to know you’re experience. I have read where people were successful with the regulated industries, but that the billing is prorated for the month so you’d need to do it around the 1st.
Were you able to get the bonus on this offer?
I just signed up for it but my card wasn’t charged. I’m guessing I’ll have to migrate my email with their rep to set it up before they charge it… but they won’t call me for a few days so it will be prorated… which means I may not hit the $200 threshold.. argh!
I’m going to migrate the Gmail I use for work and see if it will work. I’ll report back and see where this leads!
Is there an update to this? Offer is expiring soon so was wondering how it went.
hanachan – it stayed pending for several days. i never set up an account or started the migration of emails and the charge never went thru. Your experience may be different, but looks like it may be more work than its worth