rjbraun wrote:Drew777 wrote:rjbraun wrote:Drew777 wrote:<snip>
From Amex I've had the personal Plat, Ameriprise Plat, Biz Plat, 2x SPG personal, 2x SPG Biz, 2x Hilton Surpass, 2x no AF Hilton, 1x SimplyCash.
I assume the "2x" for various Amex cards means that you and your wife each got the card. I've already received the Amex SPG bonus (several years ago) but still haven't spent it. The current up to 35k bonus sounds pretty nice, and I was thinking of suggesting to SO to apply for the card (assuming I cannot). But, he's not so keen to play the cc game, so it would be better if I can keep him out of things. I would consider getting the Amex SPG Biz for myself, though my understanding is Amex scrutinizes financials more closely than others.
I'm also a bit unsure about the SPG card in light of the Marriott merger. Not quite sure how to evaluate that aspect.
Yes, my wife got those cards. However, you can get the bonus for multiples of the same Amex card using different business as long as you use different EINs. It's extremely easy to get approved for Amex business cards. Most of mine have been auto approved. I even went through a financial review with Amex and was fine. Some people just panic and close their accounts when Amex tells them they're under a financial review, which is the worst thing you can do. As long as you cooperate it will be fine, they won't close your accounts. Just don't lie about your income (or business revenue). You can be approved with $0 business income. And if anything the Marriott merger makes SPG MORE valuable, not less.
Thanks, Drew. As I have yet to apply for Amex SPG Business I thought I might do that, but the bonus terms aren't attractive when I checked now: same as for the personal card but with (considerably) higher minimum spends. Ugh, maybe I'll have to ask SO to apply after all.
Good to know you think Marriott merger stands to benefit SPG. Presumably, it will increase hotel options, but my concern was about possible devaluation of Starpoints.
Interesting about the different EINs. In my case, I have not legally formed my business venture(s), so according to the IRS website I need to wait to obtain an EIN.
I'll present the other side of this argument. I have been waiting on applying for the Amex SPG because I was waiting on the 35,000 mile bonus. I am going to apply for it within the next month. I was under 5/24 for a bit, so I was using up all of my Chase real estate. Marriott has repeatedly come out and said that there will probably be a new, merged program in early 2018. I project that the Starwood SPG card and.or the Marriott card will not exist in their current forms a year from now. I predict that the SPG card will go the way of the dodo and probably be merged into the Marriott card. I would think some kind of token gesture for the SPG cardholders. Maybe they will give us all a grace period, but I don't believe I will be able to have the Amex SPG long-term, but that doesn't mean I think it's a bad thing.