reddemon73

Hello all,


Anyone took advantage of American Express Platinum credit card current deal of $1,000 voucher to purchase a new Mercedes deal? I am thinking of using it to buy my GLC.

Alex Bel

What was the yearly fee for this card? $450?

reddemon73

Fee is $475. You get 75k bonus points and 100 gift card for Mercedes merchandise.

Alex Bel

I do not use ANY fee based CC. I am going to use my $455 ( $500-$55) reward from www.mbca.org toward upcoming (hopefully in the fall) diesel GLC along with all benefits from ED program.

mikbar2

Ditto, I don't use any CC that wants to charge me to use it. Trust me, they have the math worked out in their favor. I use free CC's and then pay off the balance when the bill comes in. I also use the cash back CC's. We get hundreds back every year.

reddemon73

Here is my ROI calculation:


-$475 CC fee
+$1000 off for new Mercedes
+$100 off for Mercedes merchandise
+$200 credit for Alaska Airlines
Net of $825 plus I get 75k in American Express points which equate to about $1k in cash.