that more than 10,000 points a month would be an exception rather than the rule. .
I don't follow your maths.
My postcard was 5000 for 5 transactions.
That is I only need 15 to have earnt 15000 points.
Over say 4 weeks with virtually no effort...
One week transactions without going out of ones way too much (except that one does not use their Citibank and instead seeks out Amex)
Groceries twice a week = 2
Other food stores = 2
Fill my car and my wifes = 2
Friday Pub lunch = 1
Dan Murphies = 1
Bill ) insurance, rego, rates whatever...see to always have something to pay = 1
weekend shopping trip = 5 transactions
take away or restaurant = 1
luncjes midweek = 4
So that is 20/ week without doing anything special ( except using Amex instead of Citibank or cash) based on just my normal spend= say 100 per month.
So on the 5 for 5 that is 100,000 points..
On the 10 for 20 that would be 50,000
I think that for many that well in excess of 10,000 per month would be achieved just by people not using there other CC and using amex where they might have used cash.
fpr example I have boughta Pie at 7/11 for lunch rather than a Pie at my normal bakery (who only take cash).
The above examples are without any extra spend. How many people ina normal moth would not have more than 10 or twenty transactions if you add up all your normal Amex, VISA, EFTPOS and cash transactions?
Personally with this deal current I have been making extra purchases. One would be mad not to IMO. ie i have already bought my daughters Birthday presents even though her birthday is not to November. why did I not wait? Beacuse I thought the offer was too good to last.
It is the most generous points award promotion I have ever seen or heard of and IMO whomever at Amex dreamed it up got their decimal point in the wrong place.
ie it should have been say 500 points per dollar and should have hada minimum spend of $10-50. Having no mimimum spend with such a high transaction award was just crazy.