American Express sent me a
notice today introducing Points Advance. It’s a “feature” that allows me to use Membership Rewards Points before I accrue them.

If I read this rather
complicated document correctly, I can get a point advance for up to a

If the year expires or I
cancel my card before I’ve accrued the points to cover the advance, my credit
card will be charged at the Purchase Points rate for the outstanding points.

So, first I was rewarded
for using credit.

Now, I can get credit on my
credit to compel me to use more credit!

Note: If any financial institution wants to use the
term Meta Credit, call me and we can make a deal!