Posted by Chuck on September 3, 2019
Credit Cards

Published on September 3rd, 2019 | by Chuck

73

[YMMV] American Express Blue Business Plus 20,000 Point Offer with $3,000 Spend Requirement

Update 9/3/19: More people have been targeted for this offer. If anybody sees a different link to apply, please share it in the comments below.

The Offer

Direct link to offer (requires login eventually to apply)

  • American Express is offering a sign up bonus to select pre-approved members for 20,000 points after $3,000 in spend within the first three months of card ownership on the American Express Blue Business Plus card.

 

Card Details

  • 2x Membership Rewards points on all purchases for the first $50,000 per calendar year
  • 1x Membership Rewards points on all other purchases
  • No annual fee
  • 0% APR for first 15 months

Our Verdict

This offer is targeted at select individuals, can’t hurt to try the link and see if it works for you.

We’ve seen this 20,000 points targeted offer in the past, though for a slightly higher $5,000 spend requirement (and here’s another way to try getting that offer). I believe this offer with the slightly lower $3k spend requirement matches the best ever offer. You can alternatively use a referral link which gives 10,000 bonus on $3,000 spend + 10,000 or 15, 000 or 20,000 points for referrer (depending which card you refer from), but remember that you might get a tax form for the points earned by the referrer.

Bigger question is how widely available this offer is, we’ll see as people report their findings. If you have any questions about American Express cards, read this first as it addresses the common questions.

Hat tip to reader Jack



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cowsareverywhere
cowsareverywhere

Referral from something like the Biz Gold(20k), Biz Plat(15k) or Plat(15k) would be better overall even after accounting for taxes.

Lrdx
Lrdx

YMMV. 33% fed+state taxes is easy to reach in HCOL/high tax areas like SF Bay or NYC.

TheTaxman_Cometh
TheTaxman_Cometh

You’re only taxed on the 20k point referral bonus not the 10k sign up bonus.

qmc
qmc

24% fed ($82,501 to $157,500) + 9.3% (CA: $56,086 to $286,492) = 33.3% … 33.3% of 15k/20k is $50/$67. For that, you get 25k/30k instead of 20k so you’re buying 5k/10k points for $50/$67 (1cpp/0.6cpp).

32% fed ($157,501 to $200,000) + 9.3% (CA) = 41.3% … 41.3% of 15k/20k is $62/$83 for that 5k/10k pts, or 1.2/.83cpp.

May depend on your valuation of the points. I wouldn’t bother with a 15k referral at those rates.

Staradmiral
Staradmiral

That’s tax Fraud. You still need to report it even if it’s less than $600. Not being issued a 1099 does not mean you don’t need to pay taxes.

YoniPDX
YoniPDX

Not sure without the 1099, if it was a cash referral yes. Yet unless the IRS issues guidance on points cash value, points only have a hard value upon redemption. As well considering Amex can pretty much freeze or cancel MR at their whim do you truly own or gain until you have transferred to a FF or redeemed otherwise?

I think it is a stretch to calll it tax fraud.

Jesse
Jesse

It’s also fraud to buy things on the Internet and not separately mail in the sales tax to your local government.

Sean
Sean

The direct link to offer appears to go to a Page Not Found page, in regular and incognito browser windows.

Lantean
Lantean

Sadly I am not targeted… not even in incognito.
too bad, I really want this card.
🙁

John
John

Just go through own or some else refer link.

Lantean
Lantean

For some reason I can only refer to personal cards… even though I do have Biz Gold… would you know why?

Will Shrop

Darn. Sadly no offer for me. Been waiting for this to come around.

John
John

So, this would be equivalent to $200?

Justin
Justin

If you have an AMEX Schwab Platinum card, you can cash out at 1.25x, so this is worth $250. But you’ll get better value transferring points to partners.

David
David

seems like a good deal, but alas, neither P1 or P2 targeted.

Anonn
Anonn

This offer also has 15 months 0% APR instead of the 12 months they recently changed to.

Tim
Tim

So drag those payments out and no interest

zzz
zzz

I’m only seeing 12 months 0 % apr for some reason

Peter
Peter

Thanks a bunch. It works for me. I’ve always wanted this card and I waited until there was a good sign up bonus.

pat
pat

is this considered a credit card and therefore subject to 2/90?

security
security

Says offer no longer available – no option to even log in Chuck

Valerie
Valerie

Works for me. Did not get an Amex instant number. Chat with them? Now wait for Pay over time 10 000 MR?

qmc
qmc

No Pay over time on credit cards, only charge cards.

CC
CC

Same issue. Applied and approved. No option to get instant number. Chatted with agent and they told me to cal 800-952-7560. They gave me the run-around and finally new account department was connected. Felt they were reading SOP and was told instant account number does not apply to every card and they do not know what happened. They cannot make decision to expedite shipping. Guy said he forwarded to manager for approval. If approved, i will get the card 24~72 hours. But won’t get any confirmation.
Have been pleased with AMEX CS until today.

Marvin
Marvin

The offer is dead.
Anyone have a good working link?

Marvin
Marvin

Offer no longer available.
Anyone have a good working link of 10,000 or more points?

Mike
Mike

you can use my link if you like, just shoot me an email mike011 at gmail

qmc
qmc

No referrals… Chuck

dimm0k
dimm0k

lol what a tattle tailin faig

Lindsey
Lindsey

Any lifetime language on getting the bonus again?

zzz
zzz

not targeted

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