Anyone notice the $500 cash back offer for Torneau purchases with Chase Sapphire Reserve? I’ve never actually used these offers before, but that effectively equates to $750 when using the points with 1.5x redemption, right? If I’m understanding the mechanics of the offer properly then that’s a pretty good deal 🤑

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Cash back and rewards are not same! Cash back means you’ll automatically receive a credit to your statement.

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It was $500 credit. Basically after I spent $2+ I saw -$500 few days later.

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Still says pending for my points balance but I see 1x points for the dollars I spent.

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I believe what you get is a credit on your statement for $500. I’m not sure if on top of that they’d give you the points too.

Ah gotcha, if it’s just a statement credit then it definitely won’t be able to have the 1.5x redemption applied to it. But also curious if I’d generate points...

I think you might have to spend $2k to earn the credit.

That will be the easy part 🤫

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I got another offer on my Amex for $125 back on $500. Thinking about getting the wife a Cartier Tank for anniversary and this might be greedy but anybody try using both offers? Put $2,000 on the CSR and balance on Amex to save $625 total?

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