Since most airline partners transfer at a 1:1 ratio, that's like earning 1.25 miles per
dollar spent on the card for all spend.
Usually nowadays, you don't get the reward miles or points when you sign up, but after you meet a certain level
of spending on the card in the first few months.
Instead, they must meet a certain level of
spending on the card in the first few months before the promised miles or points are actually put into the account.
Even better, the points you earn from the bonus are in addition to the standard points you will earn
from spending on the card.
I have diversified my spend through all the bonus categories, but I should probably put some
other spend on the card too.
I kept up a lot
more spending on that card, so my guess is that retention offers are likely a function of your spending patterns with the card.
As mentioned above, most bonus offers come with a minimum that you need to
spend on your card over three months to get the bonus.
Sign - up bonuses which are triggered after the user has put a certain amount of
spend on the card within the first few (usually 3) months of card membership.
Card companies offer reward schemes because they want to encourage you to
spend on the card so they can earn interest from it.
To earn both, cardholders should expect to spend $ 10,000 annually, with at least $ 2,500 in total
spending on the card during the first four months of approval.
After hitting the minimum spending requirement on the Executive card, it doesn't offer an attractive proposition to
continue spending on the card.
Even if you don't, your everyday
spending on the card along with the benefits you get from it more than make up for the card's annual fee.
To earn both, cardholders should expect to spend $ 10,000 annually, with at least $ 2,500 in
total spending on the card during the first four months of approval.
The average cardholder earned an average of nearly $ 1,500 cash back in 2014, which equates to an
average spending on the card of $ 75,000 per year.