So I’ve been reading the credit card guide and have decided on either the American express explorer ($400p.a) to then downgrade to the american express platinum edge (195p.a)
The explorer is currently doing 100,000 free amex points. According to their rewards program this equates to between [$500-1000 in coles vouchers] (http://catalogue.membershiprewards.com.au/viewAwardDetail.mt…)
This easily pays the annual fee not even taking into consideration their $400 a year travel voucher
Am I missing something or is this awesome?
Can you guys please help me understand how to change down to the platinum edge once i’ve spent my explorer points and how long to wait etc?