Hi, Adele from The Champagne Mile blog here. I partner with AMEX to promote their range of rewards cards, FYI, AMEX have kickstarted a campaign to generate card member awareness in the 'Refer a Friend' program today. Most OzBargainers would be familiar with with the program via the Wiki.
We've written a post about the program today, and there are a few take outs that OzBargainers might find of interest:
Firstly, many would be aware that AMEX allows eligible card members to refer to multiple cards within the same card 'family'. AMEX have recently expanded the selection of cards you can refer to within each 'family'. As an example, the Explorer card now allows referrals to the Platinum Edge and Platinum Charge cards in addition to the Essential card (in the past, you could only refer to the Essential card).
AMEX have also confirmed with us that the bonus points eligible card members can earn for referring someone actually depends on the tier of card product held. So if you hold the Explorer, Qantas Ultimate or Velocity Platinum cards, you'll receive the current rate of 30,000 'referrer' bonus points for a successful referral, regardless of the type of card you've referred someone to. In the same vein, hold the Platinum Edge and you'll always receive 15,000 bonus points as the referrer. This is obviously a benefit for those holding 'high tier' cards like the Qantas Ultimate, Explorer, Velocity Platinum and Platinum Charge.
Secondly, OzBargainers might also be interested to know that the Refer a Friend cap (set at 200,000 bonus points per year) works by the calendar year - not the membership year. This is something that there has been a bit of confusion about in the past. Something to bear in mind if you're lucky enough to get close to reaching your cap!
Cheers, Adele
How is this new info? Doesn't look like anything has changed from the current system.