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2% Cash Back Credit card
February 5, 2008
7:20 pm
Maxime
Guest
Guests

"No Annual Fee!

Cash Rebates paid in January (once per year):
$0 - $2,500 = 0.5%
$2,500 - $5,000 = 1.0%
> $5,000 = 2.0% (no need to carry balance to get the 2%)
Added Bonus of 0.5% if you carry balance (so you could get upto 2.5% cash rebates)

UPDATED:
Sign up through: 1-800-268-2639.

Credit Card information is not available on the AMEX website.

cadave wrote:
- MINIMUM $30,000 annual income required to apply for this card
- Just remembered, there is also no maximum rebate... the sky's the limit. i.e. If you spend $200,000, you'll get $3937.50 back 😛

Cash rewards calculator/comparison:
http://www3.telus.net/CalgaryBen/

UPDATE 2007-08-30:
It took me 9 calendar days to receive the card from the date I applied."

Source from RedFlagDeals: http://www.redflagdeals.com/fo.....p?t=480490

I have not used it nor applied to it because I am far from the 30,000$ per year income as being a student.

February 5, 2008
7:41 pm
Peter
Admin
Forum Posts: 1090
Member Since:
May 15, 2007
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That is awesome. The only drawback is that it's AMEX, but hey, you could have a 1% cash back MasterCard and a 2% AMEX card and carry both around.

February 5, 2008
7:48 pm
Maxime
Guest
Guests

If I had an income of 30,000$, that's what I would do.

Take the Amex for every store that accept Amex so I can get the 2% after the first initial 5000$.

Then I would go on the Enrich on the 1% they offer from the intial buck you spend on it.

Right now I'm using the Enrich of my mother which has ordered another card at my name. I applied to get it last yeard and they refused 2 times because I had an income below 15,000$. i've called them the last time and they said that they offer the same card for student even if your income is below 15,000$ but it seems their Online application from didn't specifiate I was a student and they refused me the first time. I applied via phone when I called and they refused me again because my new demand was within 6 months.

So now my credit must be really terrible because of all my demands which were all refused. I prolly won't be able to get any card until I'll get my real job.

February 5, 2008
8:01 pm
Peter
Admin
Forum Posts: 1090
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline

Oh, so you mean if you charge $5000 in a year, you still only get 0.5% on the first $2500? Then this is actually only better than a 1% card if you charge more than $6250 in a year (a struggle for some, no problem for others).

February 5, 2008
9:19 pm
Maxime
Guest
Guests

I think it's the same with Costco Amex which give 0.25$ the first 0-3000 then 0.5% next 3000-6000 and 1.25% over 6000.

So if you spend over 7500 like me (I just received my Enrich check today of 122.64$) then I would go with the Amex Gold.

However, I'll stick to my Enrich cauz I do not make 30,000$

February 8, 2008
8:57 pm
malick
Guest
Guests

Hey Maxime, Thanks for the info about Amex Gold Card with cash rebate. I already have an Amex card for a long time but there were minimal rewards. This new card is great for me, just applied for one.

February 9, 2008
3:46 pm
Maxime
Guest
Guests

Allright cool. I'm glad this info helped someone. Enjoy the few extra bucks you'll get at the end of the year.

Max

May 24, 2008
12:28 am
Mozo
Guest
Guests

Here's a site that lets you look for cards that offer cash back. There are cards that go up to 3%.

November 27, 2008
6:57 pm
Max
Member
Members
Forum Posts: 183
Member Since:
November 26, 2008
sp_UserOfflineSmall Offline

malick said:

Hey Maxime, Thanks for the info about Amex Gold Card with cash rebate. I already have an Amex card for a long time but there were minimal rewards. This new card is great for me, just applied for one.


Have you been using the card lately?

Are you satisfied with Amex service? Planning to get one soon.

The day you become free is the day you work for fun.

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