Category Archives: American Express

Print

10,000 Hilton Points For Adding An Additional User On Your American Express Credit Card

Earn a bonus 10,000 points for just adding an authorized user on your Hilton HHonors credit card from American Express. (This offer is obviously only available to current account holders of the HHonors Hilton American Express card.)

Direct Link 

10k points

Details of the Offer

  • You must add a cardholder using the above link
  • Valid until July 20th, 2016
  • Allow 6-8 weeks for your bonus points to post
  • Additional cardholders must be at least 15 years of age Officially. But you can make up a date of birth and social and still get the cards. Use your own judgment. We do not recommend playing games or trying to game the system.

Pointe Hilton Squaw Peak Resort Hotel, Phoenix, AZ – Pool Area

You are now one step close to staying at the Pointe Hilton Squaw Peak Resort Hotel, Phoenix, AZ – Pool Area (above picture) for free. As alays we love staying in hotels and vacationing for free. 10k free HHonors points is a sure good way to start the week.

If you don’t have a Hilton Credit card yet, what are you waiting for? Click on the link below to see many of the current available offers. Some special offers are the:

Chase United 75k +$50
American Express PRG 65K (incognito)
Bank Of American Alaska Air 30k

All Credit Cards 

American Express Credit Cards

Chase Freedom Is Better Then The Chase Sapphire

2,500 Bonus UR Points Chase Freedom and Sapphire Credit Cards: Adding An Authorized User

Chase Freedom Credit Card: Why We Love It

And don’t forget to follow us on Twitter to be entered into our $50 Giveaway!

In Summary

Get 10,000 bonus Hilton Points for adding an Authorized User

HT: S & S Worldwide

 

rss feed email twitter facebook Sharethis
custom-tours_israel-palestine1-1280x720

30% Bonus on Amex Membership Reward Transfers to Etihad Through June 15: Fly To Israel for 26,000 Points!

American Express Membership Rewards is offering a 30% bonus on transfers to Etihad Guest through June 15. American Express only added Etihad as a transfer partner two weeks ago so it’s great to see them bonusing transfers. They are probably trying to boost this partner so they are offering this promotion. In the past we have seen promotions on other partners like british Airways and El Al.

That means the points from your Amex Everyday Preferred, Premier Rewards Gold, Business Gold, Business Platinum and other Membership Rewards earning cards carry more weight. One third times more weight!

American Express    View all American Express Credit Cards

Etihad has a very good first and business class product, and because availability has been generally excellent. Now to be sure the single best first class product in the sky — the Etihad First Apartment, which is scheduled for Abu Dhabi – New York JFK< London, Sydney, Melbourne, and Mumbai — can be tough to get.

Availability goes in cycles (and for awhile has been much easier to get Abu Dhabi – US than US – Abu Dhabi). I’ve flown it several times this year on the New York JFK – Abu Dhabi route but availability for that flight isn’t a gimme.

Nonetheless, Etihad offers first class service with other aircraft to New York, San Francisco, Los Angeles, Dallas, and Washington Dulles. They offer service that features business class as the top cabin to Chicago and Toronto.

Award prices aren’t cheap. For instance,

  • New York JFK – Abu Dhabi first class is 117,560 miles one-way
  • London – Abu Dhabi first class is 87,732 miles one-way

Business class is somewhat cheaper, for instance 88,391 one-way for New York – Abu Dhabi.

Etihad also adds surcharges to awards: $50 per segment for economy, $100 per segment for business, and $150 per segment for first class.

Etihad has several airline partners, which have to be booked by phone. Etihad agents are often unfamiliar with their partners, and with how to book them.

What’s more, the cost of awards on partner airlines can be high. Nonetheless, they can also be strategically useful. For instance, Etihad partners with Philippine Airlines and they almost always have business class award space between the US and Asia. And they partner with American. Etihad partners with carriers like Virgin Australia, Royal Air Maroc, Garuda Indonesia, Oman Air, and Hainan Airlines as well as a variety of others.

Partner award charts can be found here and are much more lucrative,but partner awards are not bookable online, which means you have to play call center roulette. You also need to book partner awards 14 days in advance.

Every airline has their own award chart. For example:

The Brussels award chart can be found here.

There are no fuel surcharges.

-You can fly from JFK-Brussels in coach for 21,972 miles or about or about 16,902 AMEX points round-trip.
-You can fly from JFK-Brussels in business for 36,620 miles or about or about 28,169 AMEX points round-trip.
-You can fly from Brussels-Tel Aviv in coach for 12,096 miles or about or about 9,304 AMEX points round-trip.
-You can fly from Brussels-Tel Aviv in business for 20,160 miles or about or about 15,508 AMEX points round-trip.

To summarize that is 26,206 points to fly round trip JFK-BRU-TLV in coach or 43,677 miles to fly in business. Judging a normal business class ticket to Israel would run you around $6,000 this is a $.13 redemption per mile. That is ten times the normal redemption.

HT: View from the Wing and DansDeals

rss feed email twitter facebook Sharethis

American Express Hilton Surpass 85,000 Point Bonus Offer: Should You Apply?

American Express have increased the sign up bonus on the Hilton HHonors Surpass card to 85,000 points if you spend $3,000 or more within three months of account opening.

View all our credit card offers here.

hilton hhonnors

Marketing Bullets

  • Annual fee of $75 is not waived
  • Welcome bonus is not available to those who have or who have had this card in the past.
  • Card earns at the following rates:
    • 12x points per dollar on purchases with a participating hotel or resort within the Hilton Portfolio
    • 6x points per dollar U.S restaurants
    • 6x points per dollar at U.S supermarkets
    • 6x points per dollar at U.S gas stations
    • 3x points per dollar on all other purchases
  • Card comes with complimentary gold status, if you spend $40,000 or more in a calendar year you will receive HHonors Diamond status through the end of next year
  • Free priority pass membership

Ponce, Puerto Rico Hotels | Hilton Ponce Golf & Casino Resort

 

One More Thing!

The standard bonus is 60,000 points, but this card has peaked at 80,000 points a few times. The 85,000 is the highest public bonus for the Surpass card I’ve ever seen, so if you’re in need of Hilton points it’s probably a good bet. However, if you are a Avid Credit Card Joint reader you will know there is a way to get 50,000 HHonors points with this Surpass credit card without getting a credit pull.

True 50k isn’t 85k, but 50,000 with a credit pull is work 35,000 points.

What is this 50k you keep mentioning?

Originally posted here:

Upgrade to the Hilton HHonors Surpass® Card from American Express

We found this link, that upgrades your credit card WITHOUT a credit pull.

LINK

So all you need to do is have an existing card that is eligible, I had a HHonors regular card, so that worked. I didn’t apply for the HHonors card, rather I downgraded the Amex Delta Platinum card that I got last month with 60k.  For those that read our blog frequently, they would have nabbed that card as well. now it is really putting my credit pull to good use with this bonus 50k on the Surpass card.

What else do you need to do?

There is a spending requirement of $3,000 in 90 days, like all credit card signups.

HT: DoC and Uscreditcardguide

Everything you need to know about American Express Cards

In Summary:

Apply for the Hilton Surpass card for 85,000, or just upgrade for 50,000 bonus points.

 

rss feed email twitter facebook Sharethis
card-swipe-machine

Spent too Much on an American Express Card? Be Ready For a Financial Review

We applied for quite a few American Express Credit Cards two weeks ago. Some of those cards were the The Platinum Card from American ExpressThe Business Platinum Card from American Express OPENThe Business Gold Rewards Card from American Express OPENSimplyCash Business Card from American Express and the American Express Premier Rewards Gold Card. While we got approved for almost all the cards, the real challenge is to complete the spending requirements in a timely manner. Here is the App-O-Rama report and here is how we do our spending.

And then BOOM! The dreaded call from a blocked number. Instant account lockout, and all charges suspended. We were unable to make any charges on ANY account. This is known as a ” Financial Review “.

This is how a account under F/R looks. Notice Charging Suspended.

What is a “Financial Review”?

Although Financial Review does not sound dreadful, it really is. The bark is worse then the bite! American Express is looking to verify your salary. They need to confirm that the credit they extend to you can be supported by your income. Mostly they are looking to see your tax returns, and hopefully that will validate what you are spending. If they feel you are not providing them with adequate information, or you don’t comply with their  requests, they may close your accounts, or limit the amount you could spend.

What do you need to provide Amex?

American Express will request you to fill out the IRS form 4506-T. This form gives them access to a transcript of your tax return. (The same form is used by your school to verify your FAFSA). For people who get F/R’ed prior to establishing a credit card, or after they have a credit card and got closed down, but want to apply again Amex has been know to give you a 4506 form. This form does the same thing, except at a cost of $57 to you.

Many times bank statements are also good enough to pass a F/R. It depends on the agent representing your case.

Does everyone “pass” financial reviews?

In our experience if you have a tax return with any amount of business income – for a business, or a standard tax return  for a consumer card, you will pass the financial review. Although you may be allowed to keep your cards active, American Express may lower your credit limit on credit cards or charge cards. On the charge cards the limit is usually removed after a year.

What should people avoid to refrain from getting a financial review?

  • Avoid spending a lot of money on a new account in a short amount of time. It takes months to build up your reputation with American Express.
  • Don’t spend more than 50% of your credit limit over the month on a credit card. For a charge card it is much harder to draw the line, as most standard charge cards do not have a limit. The idea is to take it slowly, and build up your relationship. In a short amount of time you will be able to spend  $100k monthly.
  • Sudden large changes in spending pattern.
  • Funding pre-paid cards
  • Over utilization of “spending ability” button on website.

Do other banks have F/R

Yes. From what I have heard Chase also has some type of financial review. I am not very familiar with their process, as I have no experience with a review from Chase. I do know that it is called Adverse Action (A/A) and it is a complete shut down of all accounts. More then this I do not know.

What to do when you get F/R’ed?

Call American Express Right Away

Call American Express right away. The F/R phone number is 800-230-1289. Speak to your case agent and see what is going on. Any delay can result in a complete shut down of all your cards.

I know I can’t pass, what should I do?

Having cards closed by the issuing bank is a really nasty mark on your credit report. Instead of having Amex close your cards, be proactive and shut them yourself. Cards closed by the consumer fare better then cards shut by the bank.

When you get a Financial Review you will need to fill out a 4506-T form. Once the forms are received, they will be processed in 5-7 business days. If you have questions regarding your review, call American Express Financial Review Department 1-800-230-1289 and enter your account manager’s five digit extension. Do not procrastinate.

What does the dreaded email look like?

In truth, before you get the email, they will call you. However, the email still isn’t fun.

From the Desk of: xxxxxxxxxx
Extension: xxxxx
Office Hours: xxxx
Office Number: 1-800-230-1289

 American Express recently requested that you complete and return a tax form called the 4506T in order to conduct a financial review. The 4506T authorizes American Express to retrieve tax information. We find the review process to be a necessary requirement in order to conduct our business in a prudent and successful manner.

Detailed instructions on how to fill out the 4506-T are attached, as well as in the American Express Fax Cover Sheet. In order to avoid closure of the account, it is critical that this information be completed correctly and faxed back to us within the deadline discussed by theAmerican Express representative.

 Instructions to help ensure a faster review:

  1. Print out the American Express Fax Cover Sheet
  2. Print out the Blank 4506T Form

 Instructions for completing this American Express Fax Cover Sheet

  1. Fill out the FROM field with your name as it appears on your card.
  2. Fill out your 15 digit account number (this is used for internal processing; your account number is not given to a third party).

Fill out the form correctly or you will have to do it again.

Instructions for completing the Blank 4506T Form

  1. Please refer to your copy of the tax return you filed for accuracy.  Information you provide must match IRS files, or the documents obtained may be insufficient and your account could be canceled. 
  2. Typed forms are preferable.  Do not make corrections by whiting or crossing out.  These will cause the 4506T to be rejected and could result in cancellation. Please make changes by creating a new form.  Do not write or type your account number anywhere on the 4506T form.
  3. Complete lines 1-4 per the instructions on the 4506T for those lines.
  4. Line 5 may be prefilled with “American Express c/o Equifax Verification Services, 11432 Lackland Road, St. Louis, MO 63146”.  If line 5 is blank, please leave blank.
  5. Complete line 6. Line 6 must contain the name of the form you filed.  Box 6A should be checked.
  6. Leave lines 7 and 8 blank.
  7. Line 9 must be completed as requested.  Do not add years not requested.  Use mm/dd/yyyy format for each year requested.  Place each year on separate lines.
  8. If you filed using a Tax ID instead of your Social Security Number, please put your Tax ID number in the Social Security Number field.  Names and socials must be on corresponding lines for the IRS to accept this document.
  9. Sign and date the 4506T.  If completing for your business, please write your title under your signature.  You must check the box above the signature line to acknowledge you have the authority to sign and request the information.  The form cannot be processed if the box is unchecked. 
  1. After completing instructions for the American Express Cover sheet and Blank 4506T Form, return BOTH of the completed forms to 1800 219 8549.

 Once the forms are received, they will be processed in 5-7 business days. If you have questions regarding your review, please call 1800-230-1289 and enter your account manager’s five digit extension (listed at the top of this email) to avoid long wait times.

Thank you,

The American Express Financial Review Team

Here are what the F/R forms look like:

AmEx Fax Cover Sheet.pdf
4506t.pdf

Keep in mind, when an account is under F/R you are still responsible for all charges that you made. Make sure to pay all your bills on time.

To View the current American Express card offers visit our credit card page.

And don’t forget to follow us on Twitter to be entered into our $50 Giveaway!

In Summary:

A Financial Review from American Express is extremely likely if you spend too much on your cards in a short period of time.

rss feed email twitter facebook Sharethis
FBA-Overview._V381560285_

App-O-Rama Update on Approvals and Spending

As you probably know we just did a large App-o-Rama, or 3BM ( 3 Browser Method) recently.  Today we will share what is going on, how we are doing the spending, and some inside tips. First, we would like to start off with screen shots of the approvals.

Under my name I applied for following cards:

PREMIER REWARDS GOLD CARD FROM AMERICAN EXPRESS

THE AMERICAN EXPRESS BUSINESS PLATINUM CARD

SIMPLYCASH@ BUSINESS CREDIT CARD

 (2) THE AMERICAN EXPRESS BUSINESS GOLD REWARD CARD

PLATINUM CARD

PLATINUM CARD(R) FROM AMERICAN EXPRESS FOR MERCEDES-BENZ

As you can see they were all approved, beside for one of the BUSINESS GOLD REWARD CARD because they considered it a duplicate application. Interesting to note, on my wife’s application I got 2 of these cards approved, possibly because they were applied for closer together.  Let’s take a look at the account and see how they are coming along.

Biz Plat spent $2.5k / 20k

Biz Reward Gold $1.3k/ 10k

Simply Cash $1.8k / 5k

The following cards I have already finished the spend on

MB Platinum Card $3k/ $3k

PRG $1k /$1k

Total I still need to spend is $29,500

Now you may notice that I did not include that Platinum card that I was approved for. Truthfully I didn’t notice until now, but it never came!!! I am on the phone with them now asking them where it is. :) Luckily I am writing this post and noticing it!

How do I do my spending?

No, we do not do refundable airline tickets, nor do we do MS (Manufactured spend) we do legit spending. here are some examples.

We bought Wii U from Best Buy for $250 each.

What did we do with them?

We sold them on Amazon Seller Central!

What are the fees and cost in doing this?

Let’s take a look at the Amazon Fee structure. View the Amazon Revenue Calculator here.

Enter in the ASIN and calculate the cost.

This item will sell for $310, and will gross $283.49 subtract the $250 I paid for it will net a profit of $33 per unit (less shipping to amazon costs)!

What were the inbound charges?

3 wii’s shipped together in one box only costed $7.75, only $2.58 per shipment.

That means each wii had a profit of over $30.

Now there are more ways that we can make this even more profitable, but we can’t share all the secrets in one day! Okay, we will share just one more. Before we bought this item we visted ebates.com look what happens. Each order adds up to some serious cash back!

Not every website gives free money but all the big sites that you are shopping on anyways will give you some cash back. Open your account today!

Next update. Wifes cards!

Read more:

Get Paid To Meet A Spending Threshold!

rss feed email twitter facebook Sharethis