Shortly before Thanksgiving, Nathan Lundquist, a 22-year-old senior at Auburn University, was sitting in the Delta Air Lines lounge in the Atlanta airport, pondering his next credit card.
In blogs and online forums in which “churners” obsess over credit-card reward programs, he’d heard that once in a blue moon, American Express offers a 100,000-point sign-up bonus, more than twice the usual incentive, for its premium Platinum card. If he could hunt down the offer, it would be his ninth card, part of a collection carefully chosen over the previous 14 months to get the best travel perks and other rewards with the least financial sacrifice.
Lundquist went online and tweeted at the official AmEx handle:
I just wish @AmericanExpress knows that if they come out with a 100k...