Amex Posted My Welcome Offer Before Spending Was Complete
Hmmm. This one is confusing to me but I figured it was worth sharing. I mean it is Monday after all so let’s talk about something interesting! It appears that American Express posted my wife’s welcome offer bonus before the spending on her account was even finished. Talk about a lightning quick posting! This was for 60,000 Membership Rewards for her new Charles Schwab Platinum card, the very card that helped me cash out all of our points.
Details Of The Offer & Spending
The offer for the Charles Schwab Platinum card is pretty much always 60,000 points after spending $5,000 within the first 3 months of card membership. There are targeted offers for a little bit more but they are rare.
She signed up a few weeks back in our recent run of applications. We had completed around $2000 in spend when her first statement cut last week and there were some charges that were still pending and settled a day or two later. To bridge the remaining gap, I had worked it out with our kid’s school that we could pay tuition for next year now. That charge would complete the remaining required spend. So yesterday, Sunday March 21st, I made that payment which would push her over the top. A few minutes later I logged into her Amex account just to verify that the charge had posted okay etc. That is when I saw that her balances had shot up. I thought, that is strange and looked at her recent activity and that is when I saw this:
What Is Going On Here?
As you can see in the image above the points are showing as posted on March 20th which was Saturday, a day before the payment and when she was well below the required spend amount. I made the actual purchase pushing me over the top on the 21st. And it wasn’t a close call amount that some airline incidental purchases or PayPal credits etc. counted when I hadn’t planned on them etc.
I feel like I checked the account earlier in the day to pay some bills and the balance was unchanged at that point as well. Now, they could post their points at a certain time each day and it pulls everything for the last 24 hours etc. But, my guess is the March 20th is just wrong on their end or a day earlier for internal reasons.
I feel like my purchase on the 21st triggered it and it posted as soon as the charge hit the card. That is strange because I had only just made the purchase and it had not settled yet. The charge did settle this morning which was really quick overall as well. Usually things take a few days to fully settle.
Maybe since I made the payment through a donation program it codes differently with Amex and the charges are instantly validated? I really am not sure what happened but I am not complaining 😁.
My best guess is certain charges post instantly in Amex’s system and that triggered the offer being completed. It was pretty surprising to make a large charge and have a bonus hit her account immediately, even before the charge being settled. I am not sure if anyone else has had this happen before or if there is a way to recreate this. Maybe Kiva Loans or something like that would give similar immediate results? Although waiting a few days for the charge to settle isn’t a big deal but it could be useful info if you needed the points ASAP I guess.
If you have had something similar happen let me know down in the comments.
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