Triple Dipping in Credit Card Promotions
Cards Required:
- New ANZ Travel Visa Signature Card
- Registered EZ-Link Imagine American Express® Prepaid Card
- Amazon Account (Optional)
Applicants who apply for the ANZ Travel Visa Signature Card under the promotion from 01 February 2014 to 31 April 2014 can qualify for 2,750 Travel$ (which can be redeemed for $50) and an additional bonus 2,000 Travel$ after $700 of eligible spend within 30 days from the date of approval. For the full terms and conditions of this offer, please click here. Redeeming the bonus Travel$ for cash rebate will give me $100 back for $700 spend with 230 Travel$ remaining (approximately 14.9% rebate).
However, since I do not have any planned expenses of $700 or more coming up, I decided to top up $700 to my Imagine Prepaid AMEX Card to hopefully qualify for this promotion. The second promotion is offered by the Imagine Card. A pair of Shaw Movie Vouchers will be issued to registered customers upon a minimum of SGD $100 spend in a non-SGD currency. The accumulated spend needs to fall between 11 to 20 March 2014 (settled by 25 March 2014) - full details here.
Once again, I have no immediate plans to spend more than SGD $100 in foreign currency and therefore I decided to send myself a gift card on Amazon in order to qualify for this promotion. I have chosen a slightly higher value - USD $83 (approximately SGD $105) to make sure that the order exceeds SGD $100. It is worth noting that these gift cards have no expiry dates.
Additionally, spending on the AMEX purse of the Imagine Card grants me 5% rebate (for up to $5 each month). Essentially, this gives me $5 back for the $105 spent on redeeming the USD $83 Gift Card on Amazon.
In conclusion, charging my Imagine Card with SGD $700 and then spending SGD $105 on the gift card will potentially give me SGD $105 (from ANZ and Imagine Card) in cash back and two Shaw Movie Vouchers.