GCR has $100 cashback on the Cobalt card.
I don't have perkopolis so I used that instead
I don't have perkopolis so I used that instead
Score breakdown ×
Mar 2nd, 2023 12:00 am
Mar 2nd, 2023 10:52 pm
Mar 2nd, 2023 11:13 pm
AMEX is cracking down hard on GC purchases now. The churning group that I am in, several people are reporting receiving from AMEX suspending ALL of their AMEX accounts for unintended card usage.progator wrote: ↑ This is the greated card as it's to me. I know many people know it as a credit card for grocery (5% points), but actually it's much more than that by
- First, buy GC at Sobeys/Safeway/Metro, so 5% points back extend to almost all your spending. Two examples, I once bought about $2,000 HomeDepot GC; the other is to buy prepaid Mastercard then used at Costco, the fee is about 2%, so you still ahve 3% for all Costco purchase.
- Second, as long as you travel by air, convert the AMEX points to Aeroplan points (1:1), and Aeroplan points can easily give you 1.3-1.4 cents/point whne book through Air Canada, sometimes can up to 2 cents/points. Therefore, the return of this card can get 7-8% easily and up to 10%.
Another fact, when AMEX launched this card at the beginning, there is no cap on grocery category. I know there are people got millions of AMEX points.
Mar 2nd, 2023 11:17 pm
Mar 2nd, 2023 11:20 pm
you pay this card monthly, $12.99sheriffabc wrote: ↑ Incase I missed it, is it first year free?
Mar 3rd, 2023 8:03 am
Yeah, some friends had received the "warning" email indicated purchasing GC is unintended usage. I myself still plan to use it as usual until the "time" comes...f3riedrice wrote: ↑ AMEX is cracking down hard on GC purchases now. The churning group that I am in, several people are reporting receiving from AMEX suspending ALL of their AMEX accounts for unintended card usage.
Mar 3rd, 2023 8:14 am
Mar 3rd, 2023 8:19 am
How much did they buy and were most of them doing PayPower reload?f3riedrice wrote: ↑ AMEX is cracking down hard on GC purchases now. The churning group that I am in, several people are reporting receiving from AMEX suspending ALL of their AMEX accounts for unintended card usage.
Mar 3rd, 2023 1:38 pm
Mar 3rd, 2023 4:25 pm
If you top up reloadable VISA/MC it won’t be flat $500. On the other hand, you can always choose to reload a weird number like 497 or 383 but I don’t think that’s how AMEX looks at that.f3riedrice wrote: ↑ I believe it was up to the maximum allowance for groceries. But I also saw from an individual who added on a chip bag so it wasn't a flat $500, he also got dinged by AMEX.
Mar 9th, 2023 4:06 pm
It sounds like I may have been late to the party but whats the benefit of buying a GC vs just shopping directly?f3riedrice wrote: ↑ AMEX is cracking down hard on GC purchases now. The churning group that I am in, several people are reporting receiving from AMEX suspending ALL of their AMEX accounts for unintended card usage.
Mar 9th, 2023 4:12 pm
Sample AMEX Cobalt Statement:
Mar 9th, 2023 4:32 pm
LiverpoolBlueJays wrote: ↑ Sample AMEX Cobalt Statement:
2023/01/15 SOBEYS RICHMOND HILL $506.95
2023/01/15 SOBEYS RICHMOND HILL $506.95
2023/01/15 SOBEYS RICHMOND HILL $506.95
2023/01/15 SOBEYS RICHMOND HILL $506.95
2023/01/27 SOBEYS RICHMOND HILL $506.95
2023/01/27 SOBEYS RICHMOND HILL $506.95
2023/02/05 METRO 71 TORONTO. $507.85
2023/02/05 METRO 71 TORONTO. $507.85
Mar 11th, 2023 11:59 pm
They can only blame themselves for not even putting minimal effort when they purchased those GCs. Idiotic behaviors really.LiverpoolBlueJays wrote: ↑ Sample AMEX Cobalt Statement:
2023/01/15 SOBEYS RICHMOND HILL $506.95
2023/01/15 SOBEYS RICHMOND HILL $506.95
2023/01/15 SOBEYS RICHMOND HILL $506.95
2023/01/15 SOBEYS RICHMOND HILL $506.95
2023/01/27 SOBEYS RICHMOND HILL $506.95
2023/01/27 SOBEYS RICHMOND HILL $506.95
2023/02/05 METRO 71 TORONTO. $507.85
2023/02/05 METRO 71 TORONTO. $507.85
Mar 12th, 2023 12:05 am
Mar 12th, 2023 12:31 am
Mar 12th, 2023 3:50 am
That is hilariousJustinK29893 wrote: ↑ I contacted their support. Apparently my employer (a bank) blocks this offer.
Mar 12th, 2023 7:16 am
Mar 12th, 2023 8:07 am
Not sure they care. They’re just happy you’re using their card.poopooplatter wrote: ↑ How exactly is AMEX supposed to know if you're buying a gift card? Like if you buy a $100 gas card along with your $200 grocery purchase? Can they really tell?
Mar 12th, 2023 10:09 am
The Cobalt gives 5x points for grocery stores but only 1x for most other stores. So if you buy a $100 Old Navy GC at Sobey's, you get 500 points versus just 100 points if you used your Cobalt actually at Old Navy. Some people are taking it too far though and buying hundreds in gift cards every week and AMEX is taking note.
If you buy a GC every now and then, no one cares but if you are constantly buying GCs at supermarkets in high amounts, they will very much care to the extent of cancelling your card and stripping you of all your points.