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American Express /Amex offer - Spend $1,000+, get $1,000 back. Up to 3 times - YMMV $1000

+66 Deal Score
180,632 Views
I saw this crazy offer on my blue cash preferred card. Seems like the craziest credit card offer of all time.

Expires :
03/13/2022

Get a $1,000 statement credit back by using your enrolled Card to spend a minimum of $1,000 in one or more eligible purchases. Once you add the offer to your eligible Card, you will have 90 days to spend $1,000+ or more, up to 3 times during the offer period. See terms for exclusions.

Update: Happy to tell it worked for me

Thanks for using your American Express® Card ending in 00000 for the Amex Offer below:

Your Special Offer
Spend $1000+, get $1000 back. Up to 3 times

If your purchase meets all eligibility requirements of the offer terms, you'll see your rewards reflected directly on your statement. Credits may be reversed if qualifying purchase is returned/cancelled.




https://global.americanexpress.co...s/enrolled
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Created 12-12-2021 at 11:22 PM by Abhi88
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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Joined Dec 2004
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kensteele
12-23-2021 at 04:34 PM.

Our community has rated this post as helpful. If you agree, why not thank kensteele

12-23-2021 at 04:34 PM.
Quote from George_P_Burdell :
Amex usually comes and takes back Incase of erroneous offer's. I want to play safe and not get hosed
yeah, i agree. go ahead and pass on this one and play it safe. we understand. Roll Eyes (Sarcastic)

what are you even doing on a deals website like sd, what do you actually gain from reading a few posts and then posting a few replies? you're wasting your time here dude.
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Joined Sep 2016
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hemant.aradhyula12
12-23-2021 at 06:42 PM.
12-23-2021 at 06:42 PM.
Did anyone buy gift cards/ prepaid debit cards using amex to avail this offer ?
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Joined Aug 2006
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YCG
12-23-2021 at 09:21 PM.
12-23-2021 at 09:21 PM.
Quote from George_P_Burdell :
Amex usually comes and takes back Incase of erroneous offer's. I want to play safe and not get hosed
Your call but not sure how you're getting hosed if you just spend $1000 on stuff you would have to pay anyways -- prepay some utility bills, cell phone bills, etc.
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Joined Nov 2012
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George_P_Burdell
12-23-2021 at 11:00 PM.
12-23-2021 at 11:00 PM.
Quote from YCG :
Your call but not sure how you're getting hosed if you just spend $1000 on stuff you would have to pay anyways -- prepay some utility bills, cell phone bills, etc.
All utilities are covered for another year or so. So I need to find ways to spend the $1000. Mostly buying store GC like HEB or Randall's for me
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Joined Mar 2019
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excuse_me
12-24-2021 at 04:44 AM.
12-24-2021 at 04:44 AM.
Quote from seeker3420 :
Were you close to another threshold? It says one or more transactions so I'm guessing it was just that next spending tier.
Looks like it was a balance threshold. I guess you don't need to spend $1500 or whatever amount you gotten as an offer to get that amount back, as long as the balance equals to that amount with multiple purchases. The $34 must've made me hit $1500, my account balance is essentially $0 now.
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Joined Nov 2015
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WalletBoyToo
12-24-2021 at 05:44 AM.
12-24-2021 at 05:44 AM.
Quote from excuse_me :
Looks like it was a balance threshold. I guess you don't need to spend $1500 or whatever amount you gotten as an offer to get that amount back, as long as the balance equals to that amount with multiple purchases. The $34 must've made me hit $1500, my account balance is essentially $0 now.
Are you saying that you didn't have to spend the full $1500, but instead had a balance before you activated the offer, and then spent a little more and triggered it?

Or did the credit trigger only after you activated the offer and then spent $1500 in multiple purchases?
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Joined Dec 2021
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DigMorehead420
12-24-2021 at 06:21 AM.
12-24-2021 at 06:21 AM.
Every Slickdeal has reason and motivation behind it. Maybe it's to increase sales, exposure, move stale inventory, introduce new items, etc.
What stumps me is what is Amex's reason for not correcting this mistake. An earlier post mentioned that they indeed recognize it as one that slipped by to a few lucky souls, but even if you dont believe everything you read, common sense tells you this had to have been an error.
So my question is, are they really going to just let this slide and honor the error because...
a) Its more costly to fix it, than pay it? (not likely)
b) To create positive publicity (increase Amex application/subs) or avoid negative publicity? (but theres not much noise of this outside of slickdeals)
c) Compared to losses from credit card Fraud which is in the ballpark of $3.3B annually in the US, this is financially negligible? (maybe its a combination of all the above)

As one who got in on this with $2000/$3500 offer. I have already redeemed 1 of 3.
I am old enough to know that there simply is no SANTA CLAUS, but honestly this sure feels like the modern day version of one! - Merry Christmas!
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Joined Dec 2004
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kensteele
12-24-2021 at 08:20 AM.
12-24-2021 at 08:20 AM.
Quote from DigMorehead420 :
Every Slickdeal has reason and motivation behind it. Maybe it's to increase sales, exposure, move stale inventory, introduce new items, etc.
What stumps me is what is Amex's reason for not correcting this mistake. An earlier post mentioned that they indeed recognize it as one that slipped by to a few lucky souls, but even if you dont believe everything you read, common sense tells you this had to have been an error.
So my question is, are they really going to just let this slide and honor the error because...
a) Its more costly to fix it, than pay it? (not likely)
b) To create positive publicity (increase Amex application/subs) or avoid negative publicity? (but theres not much noise of this outside of slickdeals)
c) Compared to losses from credit card Fraud which is in the ballpark of $3.3B annually in the US, this is financially negligible? (maybe its a combination of all the above)

As one who got in on this with $2000/$3500 offer. I have already redeemed 1 of 3.
I am old enough to know that there simply is no SANTA CLAUS, but honestly this sure feels like the modern day version of one! - Merry Christmas!
it's simply. amex made you an offer. you accepted the offer. you both made a deal. and the deal was completed when you accepted, not when you make the purchase. and now they are supposed to change their mind and say never mind?
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excuse_me
12-24-2021 at 10:16 AM.
12-24-2021 at 10:16 AM.
Quote from WalletBoyToo :
Are you saying that you didn't have to spend the full $1500, but instead had a balance before you activated the offer, and then spent a little more and triggered it?

Or did the credit trigger only after you activated the offer and then spent $1500 in multiple purchases?
Majority of the balance was before this offer was activated. To be specific, most of it was 2x roomba J7+ (2 cards same account) from the deal here where I had already also taken advantage of the $100 Amex offer ($200 credit total). I spent the first 2 $1500 already which I was credited for then the last $34 was activated which took care of the rest of the balance including the roombas. Hope this makes sense.
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WalletBoyToo
12-24-2021 at 11:39 AM.
12-24-2021 at 11:39 AM.
Quote from excuse_me :
Majority of the balance was before this offer was activated. To be specific, most of it was 2x roomba J7+ (2 cards same account) from the deal here where I had already also taken advantage of the $100 Amex offer ($200 credit total). I spent the first 2 $1500 already which I was credited for then the last $34 was activated which took care of the rest of the balance including the roombas. Hope this makes sense.

I think I got it. First sentence is probably my answer. Thanks.
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Joined Jan 2008
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manku
12-24-2021 at 11:47 AM.
12-24-2021 at 11:47 AM.
I didn't get it, but if it does stand I believe you'll be receiving a tax form...anything over $600 in cash is considered taxable, I believe. I'm not an accountant, but that's what I recall reading.

Still...not too shabby even post-tax!
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excuse_me
12-24-2021 at 12:33 PM.
12-24-2021 at 12:33 PM.
Quote from manku :
I didn't get it, but if it does stand I believe you'll be receiving a tax form...anything over $600 in cash is considered taxable, I believe. I'm not an accountant, but that's what I recall reading.

Still...not too shabby even post-tax!
Generally, the IRS categorizes redemption of credit card rewards as non-taxable. Instead of being seen as income, they are treated as rebates or discounts on what you purchased. Credit card rewards are not taxable because you were required to spend money to receive them.

This is the information I was able to find, but take it with a grain of salt.
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Joined Mar 2013
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seeker3420
12-24-2021 at 02:39 PM.
12-24-2021 at 02:39 PM.
Quote from excuse_me :
Generally, the IRS categorizes redemption of credit card rewards as non-taxable. Instead of being seen as income, they are treated as rebates or discounts on what you purchased. Credit card rewards are not taxable because you were required to spend money to receive them.

This is the information I was able to find, but take it with a grain of salt.

I was thinking along the same lines. While it could be redeemed for cash, it's more of a redemption of money/points as a statement credit.
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Pickngrin
12-24-2021 at 02:47 PM.
12-24-2021 at 02:47 PM.
Quote from bunna2 :
American Express must think I am a wino, not a decent offer to be had, but 10 zillion offers for wine merchants.
I was just commenting to my wife how many wine offers there are on my accounts.
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HappieSF
12-25-2021 at 11:51 PM.
12-25-2021 at 11:51 PM.
The only offer I got was spend $18k for 4.5k points, up to 3 times, which I will pass on
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