Is there a cycle for better AMEX signup bonuses?

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thrillho

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May 13, 2016
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Qantas
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Hi team,

My 18 months wait for applying for a new Amex is up, however the offerings across the board - whether Qantas or for AMEX points - is really poor. Cards which used to have 175,000 bonus AMEX point offers are now at 75,000, and the Qantas Ultimate has dipped from 120,000 to 75,000 bonus QFFs.

Is this a normal or cyclical thing? I'm happy to wait, but hoping these aren't the new normal and better deals are on the way.
 
There was an identical thread about this within the last 10 days.
 
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