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I signed up in the beginning of September. I already spent the required $1000 in order to receive the 40,000 bonus points. I am waiting for my first billing cycle to see if the points roll over. I'll let you all know how this progresses. I'm very excited!
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Solution
Alright so, on October 9th my first billing cycle they rewarded me the points. 7 business days later they were in my rapid rewards account and now ready to use. I have accumulated a little more points than the initial 40,000 which is cool! I had a very easy going experience using this card.
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Thanks for letting everyone know that the process worked as it should have worked.
Now go out and enjoy your points!