Lots of words getting thrown around here.
Abusive... Yeah
Unethical... Maybe
Fraudulent... I don't think so.
Its not prohibited by law. I don't think this is defrauding anyone. Others may have different ideas. Apart from maybe revoking your account and blacklisting you there is nothing in doing whatever scheme that breaks any laws. Amex made this offer, and they didn't specify boundaries. Maybe they should. This would eliminate any such scheming. Maybe the whole point of this promotion is for Amex to prove that their cards are widely used? I definitely think the bonus that they offer is way too excessive, and I don't encourage any abuses, but they should be including such things as minimum spend and a monthly cap. Similar to the woman in England that made the news a year or so ago, when she was upset off at her husband, and put up his car for sale for $2She didn't break any laws, no matter how insane her offer was.
Cheers


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