Update 6/8/21: Available on referrals again. Share & find referrals here.
Update 4/7/21: Available again, this time not available via referrals. Hat tip to YAR.
The Offer
Direct link to offer (might need to open the link in incognito mode and might not always show up)
- American Express is offering a bonus of up to $500. Bonus is broken down as follows:
- $250 after you spend $5,000 within the first six months
- $250 after you spend an additional $10,000 within the first year
Card Details
- Card earns 2% cash back on all purchases for the first $50,000 in spend every year, then 1% cash back on all purchases
- No annual fee
- 0% introductory APR on purchases and balance transfers for 12 months
Our Verdict
This is the first sign up bonus we’ve seen on this card. If you can get the bonus to show and meet the $15,000 minimum spend requirement I do think it’s worth going for. I doubt we see a bonus bigger than $500 anytime soon and while the minimum spend requirement is somewhat high at least the card also earns 2% back on those purchases in addition to the sign up bonus. I’ll be adding this to our list of the best business credit card bonuses.
Hat tip to BalthazarOfNavarre & Aloha808
Post history:
- Update 8/22/19: Now possible to refer from more cards. Share & find referrals here. Do NOT share your referral in the comments below. Hat tip to intervested99
- Update 8/11/19: Deal is now available via referrals as well, seems to be showing up everytime on referral. Share & find referrals here. Do NOT share your referral in the comments below.
I just got a mailer for a preapproval on this, with the $250/250 $15000 spend offer. In the meantime I already have 5 biz cards I think (Biz plat, Marriott biz, Hilton biz, Delta plat biz, and then for work I’m an AU on another Marriott biz). Problem is that my only MR card right now is the biz plat, which I want to cancel (lame retention offer) in beginning of January. None of the other ones are >1 yr, can’t cancel those. I keep getting the pop up on personal cards.
Looks like the extra $250 is now gone and it is only $250 after spending 3K. Need to update this as you can’t get $500 as of now.
this is not correct im literally looking at $250+$250 right now
Me too… just got an e mail with a pre approval offer for $250 + $250.
I got the $500 bonus in about 6 months. Threw business expenses on the card and tax payments (effectively no fee.) Also got a few $50 bonuses, thank you everyone!
I’m not a huge churner. This card is better than the 1% bank card I used and a bit more pleasant to deal with. I’ll keep daily driving this, it’s nice.
I had my wife refer me for this. When I applied I got this message:
Gerald, based on your history with American Express welcome offers, introductory APR offers, or the number of cards you have opened and closed, you are not eligible to receive this welcome offer.
We have not yet performed a credit check. Would you still like to proceed?
Of course I said no.
Apparently they don’t like the fact that I had a Business Gold and an SPG Business card a few years ago that I closed when the AF came due. I also had an SPG personal card that I closed after a few years.
Amex recently sent out an (targeted?) email for this offer, with the difference that it is 15k in 1 year, rather than the split that it is now. It also include the Blue Plus for 50k for 15k/1yr spend
Amex keeps baiting me with offers, then hits me with the pop-up.
I got this card right before they offered a SUB. Asked for a retro offer, no dice. 🙁
$10k for $500? Are you kidding me, AMEX???
According to the wording, I think it’s more like $15k
Appears this is available on referrals as well.
My wife has this card, and it currently has some very lucrative offers: $25 back on $500 spend x 10, 10% back at Lowe’s up to $100. That’s an effective 17% discount on $1000 of gift cards, plus 7% back on an additional $4000. Of course there’s no way of telling what offers you might get on this card, but you shouldn’t ignore Amex offers when considering Amex cards.