I’ve just signed up for the AMEX Platinum Edge card. I’ve been a Velocity member for a little while and have around 15,000 points so far. I used the Priceline application, so no annual fee for the first year (otherwise $195) and I’ll earn 10 points for every $1 spent at Priceline (works for me!)
Beyond that, I’m wondering if this is a legit approach…first I want to clarify that gift cards are covered under the 3 points per $1 spent at supermarkets - I’m pretty sure I read on here that they are. Then I figured each pay day I’ll buy pre paid Mastercards from Woolies on the AMEX and then use those for all my expenses - so that’ll be all my fortnightly disposable income (after rent and savings, of course, and leaving myself a little bit of cash).
For fuel, I thought I’d go to BP, use the pre paid cards, and also swipe the Velocity membership card. I only spend about $60 a fortnight on fuel, but it all counts!
The big points earners I guess come from new card signup bonuses, which I’ll keep looking into (I don’t meet the minimum income for some of them), but for everyday spending I thought this would be a solid approach. What do you reckon?