The 50,000 points for spending $1,000 in first 3 months offered by Amex with first year annual fee waived seems like good deal even with converting the points to statement credit for .6 cents per point. It would be 30% off the first 1,000 spent. And before I read MM blog, I wouldn't have a problem spending 1,000 in three months, probably spend way more than that ^^;;, but now I'm struggling to figure out what I could I spend for one person when I no longer make impulsive online purchases or eat out regularly.
Is it worth the hassle? Do people stop applying for new credit cards for their bonus offers after they become less wasteful?