by xmorphicx
I received the targeted offer so I thought I’d share some of the details here.
Looks like it works like this:
Promo runs from November 6th through April 30th (6 months). Per the fine print, it boosts your cash back received within certain tiers of total spend starting at 2% and maxing out at 5%. There is a cap for maximum spend on the promo ($50,000) The tiers break down like this:
$1-$5000: 2% cash back
$5001-$10,000 = 3% cash back
$10,001-$15,000 = 4% cash back
$15,001-$50,000 = 5% cash back
So the maximum cash back one could receive is $2,200 on 50k spend, which is about 4.4%.
I can see some people getting value out of this, but because of the 15k entry point for 5% I am personally better off just using my other cards and ignoring this promo.