Travelling abroad? Get the HomeTrust Preferred Visa - the only Canadian credit card with no foreign transaction fees AND no annual fees. Compared to other cards, this saves you up to 2.5% on purchases internationally!
This AMEX is the best out there to maximize points on everyday spend. It also has a excellent bonus of 25,000 SPG points after completing minimum spend, which are very valuable for many redemption options. SPG points are one of the highest value and most flexible miles currencies out there, so you stretch your travel dollars a long way. View my review of the card here, as well as other content about about utilizing SPG points:
- Which American Express Card Should You Get?
- A Trick to Transfer Unlimited SPG and Marriott Instantly
- Best SPG Redemptions: Marriott Hotel and Air Packages
- Best Flight Redemptions with SPG
- The Cheapest Way to Fly Etihad First Class
- My Tips: Booking Emirates with JAL
Today may be the last day where you can earn up to 35,000 SPG points when applying for the card. With the referral program, you can earn 10,000 points for each approval. If applying today, you will earn 25,000 on the bonus for the card itself, and then another 10,000 for referring. This may end today, September 27th. In the footnotes on the referral page, the following language states:
To be eligible for this referral bonus, your friend must apply for the Card by September 27, 2017. We can still accept applications after this date but you1 may or may not be eligible for this bonus.
This language is very vague on what will happen, and there are variety of things that can happen. First, it is unlikely the improved offer will change. The 25,000 SPG point bonus runs until October 18, 2017, through all channels. I also do not think the minimum spend requirement will change. Keep in mind, you are only permitted to have two credit cards open at one time. The new AMEX Cobalt Card released yesterday is also a credit card, although word is still out on whether it counts toward the limit.
Most likely, the referral bonus will decrease. There is the possibility that it will leave the referral program, like with the Gold Rewards Card, but many people think that new referrals will only be earning 5,000 points instead of the current 10,000. If you only have one of the cards, I strongly suggest getting the other one to earn the total 50,000 points from the SPG Personal American Express and the SPG Business American Express.
While you are able to self-refer, I highly recommend against that. This is against the terms and conditions, so if the application doesn’t post correctly, you’re out of luck when it comes to asking AMEX for the bonus retroactively. Instead, I recommend trading referrals with a friend or family member. You use their link, and they use yours, each pocketing 10k SPG. Both SPG cards can refer to the personal and business version of the card.
Apply for the SPG American Express Card at this link.