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What's to stop me......

Discussion in 'American Express Rewards' started by SFU, May 31, 2005.

  1. SFU

    SFU Junior Member

    Apr 4, 2005
    16
    0
    I make a purchase on my Amex RM card. The charge appears on my online statement within 24 hours. I log on, tranfer points to my QFF account, and they appear within one hour.
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    So, what's to stop me buying, say 2 x F tickets to LHR, fully refundable, go through the process of transfering points, then cancel the tickets? Amex couldn't then ask QF to refund points, could they?

    It seems a little too good to be true....
     
  2. NM

    NM
    Moderator

    Aug 27, 2004
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    just be aware that the refind can take 6 to 8 weeks to be processed. So make sure you are either willing to pay the interest on the purhase for a while, or have the spare cash available to cover the payment until the refund it processed.

    I would also assume that your MR points balance will go negative until you have spend a similar amount in non-refunded purchases. But I assume you will at least have the use of the QF FF points a little earlier than you otherwise would have.
     


  3. SFU

    SFU Junior Member

    Apr 4, 2005
    16
    0
    OK, that'll stop me.

    Thanks NM
     
  4. serfty

    Moderator

    Nov 16, 2004
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    :!:
     
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