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killdozer
killdozer (@guest_1800825)
February 20, 2024 21:08

Previously did the $300 amex biz checking in 2022. I sell all my card miles, including amex miles and theres generally a min 50k amex points buy so this deal is a no go for me if its only 30k points.

Previously did sole prop on churned acc with my SSN. From the comments it appears churnable but would require a new business EIN (which im not eager to deal with the paperwork for). If they boosted the bonus to >50k points though so I can sell them, I may.

david
david (@guest_1804950)
February 28, 2024 18:10

what price are you getting on the points?

killdozer
killdozer (@guest_1804970)
February 28, 2024 18:23

not sure atm, google sell miles and first few sites will give quotes.

Kyle
Kyle (@guest_1784704)
January 24, 2024 13:08

Just an FYI/datapoint that I completed the 60K offer back in 2023 and they did NOT include the value of the points on my 1099-INT.

Anyone have a different experience here?

Sam
Sam (@guest_1785189)
January 24, 2024 20:42

Same just regular interest for me. Filing extension for other reasons for 2023 so whatever. Maybe someone took issue with them cashing out points for literally X in dollars then having X++ put on the form anyway by Amex.

jbstelos
jbstelos (@guest_1785875)
January 25, 2024 18:07

Received an email from to visit AMEX website for 1099-INT. On the website, it didn’t include the 60K offer. However, I received a separate regular mailer from AMEX with $600 1099-INT for the same account.

Svy
Svy (@guest_1786564)
January 26, 2024 21:37

I also received a separate 1099 INT from AMEX Bank.

JD
JD (@guest_1787154)
January 28, 2024 13:16

In the mail?

JD
JD (@guest_1787152)
January 28, 2024 13:15

This was in the mail? Like all the others, my online 1099 doesn’t include the 60k offer.

joe
joe (@guest_1788192)
January 29, 2024 19:55
  JD

Yes, I received mine today as well. $600 not showing in amex online account too so two 1099s one specifically for the $600 and the interest earned

Chacha
Chacha (@guest_1795641)
February 9, 2024 12:41

1099 in the mail for $600 is personal name? The TIN listed on the paper is not my SS nor business TIN. Can anyone confirm?
I called Amex but they have no idea.

justbrowsing
justbrowsing (@guest_1795973)
February 10, 2024 03:48

I also got 1099 in the mail but the account number referenced in that form is for a credit card where I earned referral points.

An
An (@guest_1802414)
February 23, 2024 23:34

Same happened to me. I redeemed the points for $480, not sure why it says $600.

O Ryan
O Ryan (@guest_1783353)
January 22, 2024 17:22

Unable to open a business account since i already have a personal account. I called and they said they are “working on it for 3 months”. Does not make sense.

buckets of lube
buckets of lube (@guest_1778783)
January 16, 2024 09:44

How long does it take before points get posted? I’ve had an average daily balance of over $5K for 60 days but the needle hasn’t moved yet

Rob
Rob (@guest_1783653)
January 23, 2024 01:50

Just checked on the 63rd day and shows welcome bonus has been earned, but has not posted yet.

Jordan
Jordan (@guest_1749492)
December 1, 2023 23:36

50k now

Melly
Melly (@guest_1749347)
December 1, 2023 18:21

There’s a new offer now. 50k points with $5k deposit and 5 transactions in 60 days.

Ben
Ben (@guest_1735899)
November 13, 2023 10:18

Denied immediately; called in and was told that since I have an existing (consumer) rewards checking with Amex, I’m not eligible. Asked if I could close the consumer account as I’m not using it, and rep pointed to the small print that current or prior rewards checking makes you ineligible for a business checking, so she advised I not close the personal account as it’ll make me ineligible for anything. Bummer.

Small print:  Current and prior American Express Rewards Checking customers are not eligible to apply at this time.

jcb
jcb (@guest_1753564)
December 7, 2023 15:28

I’m not seeing this fine print anywhere now?

Ben
Ben (@guest_1753566)
December 7, 2023 15:31

Still shows under the FAQ, unfortunately:

Who is eligible for a Business Checking account?

  • Most U.S. businesses and industries are eligible to apply for a Business Checking account. Select industries or businesses engaged in certain activities are currently ineligible, such as non-profits, money service businesses, cryptocurrency, internet gambling businesses, and marijuana related businesses. Current and prior American Express Rewards Checking customers are also not eligible to apply at this time.
jcb
jcb (@guest_1753583)
December 7, 2023 15:47

Ah thanks. I had a prior Business Checking account that I closed earlier this year. Is that also a “Reward Checking”?

L
L (@guest_1728124)
November 1, 2023 17:30

Bonus has increased to 50,000 points.
Apply by 12/12/2023 11:59:59 EST.

 Chuck

rj123456
rj123456 (@guest_1727964)
November 1, 2023 15:01

The link offered me 50K points. Is this also now like the variable offers for the Business Gold & Business Platinum?
Also, I got a 150K NLL Business Pt card offer with a +30 +30 offer that I accepted. 30K for opening a checking account and 30K “combo” bonus for card & account.

Iif I can apply with this 50/60K link will I still get the combo bonus? Tempted.

Rocky_NNC
Rocky_NNC (@guest_1727843)
November 1, 2023 12:25

I missed the transactions by 1 day and i did not get bonus last time so i closed the a/c.
Now i cannot open it again, that is a rule for Amex
Can open in a new business.

Rocky_NNC
Rocky_NNC (@guest_1727924)
November 1, 2023 14:24

Applied and was denied, asked to apply after 7 days , no idea why, they wont tell,. identity verification they say.