Many of you who applied for the 100,000 American Express Platinum card, or one of the many other cards via the incognito browser trick, are likely waiting for your bonus points to post. If you did not previously have a Membership Rewards-earning card, your points are scheduled to post with your second statement. Normally, this would not be a problem, but the transfer rate from Membership Rewards to British Airways Avios is set to decline on October 1, 2015. I will show you a simple way to get your bonus points ahead of the devaluation!
My 100,000 bonus points posted with my first statement, because I already have four MR-earning Amex cards. However, Brooke’s points did not appear, because this was her first MR card. I chatted with an Amex rep to find out when her bonus would post, and he insisted that it would only post with her second statement. I asked if he could accelerate the points, but he adamantly refused.
After browsing a recent post on Reddit, I decided to take a different approach to the chat conversation. I opened another chat and asked again if the points could be accelerated. The rep stated that he could accelerate only the points related to spending (3,200), but not the bonus (100,000). I asked him to go ahead and accelerate the spending points, which he did. Then he said, “It appears that your bonus posted with the spending points. You now have 103,200 available!”
So, after repeatedly being told that the bonuses cannot be accelerated, this worked like a charm. Now we have another 100,000 MR points to potentially transfer to BA Avios at a 1000:1000 ratio. We have not decided whether we will do this or not, but at least we have the option before the ratio drops to 1000:800 on October 1, 2015.
The Avios program definitely has some sweet spots due to their distance-based redemptions. They are particularly valuable if you live near an American Airlines hub, on the east coast, or are planning a trip from BOS to DUB. I will explain these redemptions in a later post! Cheers!