The Offer
- Signup for the SimplyCash business card from American Express and receive a $300 signup bonus after spending $3000 within the first 3 months.
This offer has been sent out as a targeted offer in the past; it’s now publicly available.
Card Details
- 5% cash back at office supply stores and on wireless telephone services purchased directly from US service providers
- 3% cash back on your choice of the following categories: Airfare purchased directly from US airlines, hotel rooms purchased directly from hotels, car rentals purchased directly from select car rental companies, U.S gas stations, U.S restaurants, U.S purchases for advertising in select media, U.S purchases for shipping. This category can only be changed once annually.
- 1% cash back on all other purchases
- You only earn 5% on a maximum of $25,000 per year (total rewards maximum = $1,250), after that you’ll earn 1%
- You only earn 3% on a maximum of $25,000 per year (total rewards maximum = $750), after that you’ll earn 1%
- Can be enrolled in the American Express OPEN savings program
Our Verdict
This offer is superior to the public offer which has no bonus at all (although there is almost always a link floating around for the $250 after $5,000 spend offer – that link found from googling, it may be an affiliate link but it’s definitely not ours). There is also occassionally a $500 targeted offer, but I wouldn’t hold my breath on that one if you interested in the card.
You’re probably better off with the Chase Ink Plus or Chase Ink Cash instead of this as those cards earn 5x valuable UR points at office supply stores, but given that Chase has been denying people with more than 5 inquiries this card from American Express becomes a lot more attractive.
HT: milenerd
Things to know about Amex credit card applications:
- American Express business cards are churnable, you can get the the bonus again after twelve months.
- Check to see if you have any targeted bonuses with American Express
- American Express does combine multiple credit pulls into one, learn more here
- American Express usually does not match higher sign up bonuses, but it’s always worth asking.
- American Express will expedite some cards
- It’s possible to get American Express to increase your credit limit by three times it’s starting amount, found out how to do it here.
- If you don’t get approved automatically, make sure you call the reconsideration number.
- Learn how to re-allocate your credit limits with American Express
