Update 7/23/21: Same offer showing up with 0% APR intro 12 months.
The Offer
Direct link to offer (try incognito mode if it doesn’t show)
- American Express is offering a bonus of 75,000 points after $4,000 in spend within six months on the American Express Gold
Card Details
- Annual fee of $250 NOT waived first year
- Card will earn at the following rates:
- 4x points at Restaurants
- 4x points at U.S. supermarkets (up to $25,000 in spend per calendar year)
- 3x points for flights booked directly with airlines
- 1x points on all other purchases
- $120 dining credit. This is a $10 monthly credit that can be used at Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Shake Shack
- $10 monthly Uber credit
- No foreign transaction fees
- $10 in monthly UberEats credit
- Full American Express Gold card review can be found here.
Our Verdict
There is an offer for 60,000 points + $250 restaurant credit (20% back). Some people may prefer that offer, really depends on how you value American Express Membership Rewards points. Will add this to our list of the best credit card bonuses.
Hat tip to DDG
If I’ve already received the gold card sign up bonus before would I still be eligible for the 0% APR?
I have an offer for add an AU, spend $2000 in 6 months and get 10,000 points which I think is mentioned elsewhere. I already have 5 AUs so adding any more would have a fee. Has anyone dropped an AU and then immediately added them back and had that work?
I remember when this card had a 50k sign up offer with no annual fee first year. Better than $750 with $250 annual fee.
I got this pre approved offer without 0% APR when I got this card.. If u don’t have this card yet then 75k offer makes lot of sense.. Dining credit I alternate every month between cheesecake factory and Shake Shack
This is a pretty nice offer. Get a bunch of points and have time to pay off a large purchases.
0% apr?
So you could not make a payment for a year? Confused about charge card with this promo apr. You typically have to pay off your card statement every month…
0% APR for Pay Over Time purchases. Only purchases at least $100 can be added into POT.
Simon mall here I come!
Simon is a no go.
For earning points, no.
But if I earn the bonus through legit means, I can use it to create a huge amount of cash to borrow.
Is there any way to get out of the popup hell faster? I have put several hundred dollars on my only amex card for a year. The last credit card I got was Sept of last year–Chase—prior 6 months earlier.
I need some Delta miles for an upcoming trip!
You need to put $2000 or more of spend on your card in a narrow period of time. I tried putting small purchases on my card but finally got out of popup jail when I went to staples and bought tons of VGCs with my simplycash plus.
@dylan- that’s crazy. the only amex personal card I have has a limit of $1k (side note- they’ve approved me for thousands of dollars CL and 2 biz charge cards and 3 biz credit cards since last Dec tho). Amex, you cray cray.
@Dylan – do you need to put $2000 on spend on a single card or all the cards you have with Amex?
@Chris try a single card. I think Amex wants to see you frequently using one card not all of them.
Well I just put $3000 + in about 6 weeks so hopefully it will work!
There are no rules, you don’t necessarily need to do anything at all. Sometimes you get the pop-up simply for applying for cards too quickly. Everyone in my household has been opening multiple Amex cards over the last year and several times we got pop-ups when applying for the next card too quickly after the previous card which then went away after about a month or two just from doing nothing. No significant extra spend (zero spend in one case and the popup still went away after about 45 days) and no changes to credit reports (everyone’s 800+ fico). I’ve found spacing at least 3 months between cards is generally good, but we’ve gotten two cards in the same week in one case without a popup for one family member, but the other family members in the same case with almost identical profiles got the popup and had to wait.
If you’re eligible for biz cards, maybe try that? For some reason I got out of popup hell way faster there- 6 months vs potentially 2 years now (I haven’t tried in a few months, but will soon). I’ve had 5 biz cards approved since last Dec with amex, IDK how they decide this
@Dizzy really easy to get biz cards. I sell a few hundred dollars of crap on eBay every year and that’s my “business”.
I saw this offer via a referral too in incognito.
Also saw this in offer in referral on incognito.
one of my main everyday use cards.
This is probably gonna make me sound like a massive noob but here goes:
How does 0% APR on a charge card work? Couldn’t I in theory borrow tens of thousands of dollars for a year (or whatever AMEX allows me to) interest-free and put it in a savings account for whatever meaningless amount of interest I will earn over a 12 month period? Or even something like blockfi? Depending on how you value the credits and how much you can borrow, this could be worth getting even without the bonus.
Theoretically yes, but the current interest rate environment makes the 0% APR less valuable, or at least much more difficult to exploit.
In practice I would just calculate the estimated additional interest I gain from keeping that balance in a savings account and use that to determine if I should use the 0% card for all non-bonuses spending (i.e., when I could get 2% from a savings account, a 1% cashback card with 0% APR beat a 2% card with no promo rate, until I got within ~6 months of the promo rate’s expiration). And yes, that can make the 0% rate more valuable than a bonus, but it’s difficult to calculate in advance if you don’t know the credit limit.
I would caution you, if you intend to use other than organic spend, to know the ins and outs of the card and company in question.
I’m curious about this as well. Typically with a 0% APR offer you still have to make minimum payments. Minimum payments on a charge card are the whole balance.
Also worth noting that with >2% inflation and 2% investments.
A charge card has no “pre-set” spending limit. Don’t confuse that for no-limit. Amex definitely puts a limit on monthly spend through their cards based on your credit profile. Abusing this can also end you up WITH a pre-set spend limit on your Amex going forward.
The 0% APR offer also only applies to expenses placed in the Amex Pay Over Time program with a charge card. This program generally is assigned a hard credit limit when you opt-into the program.
Had that happen once. I missed a payment on my AMEX biz gold years ago and got FRed. AMEX reduced my credit limit on that card to $3000. I closed the card a couple months later.
A year following that I opened up a new platinum card and to my surprise, it had no limit. If AMEX caps your limit, it only lasts for that particular card I guess.
You would put it in the stock market like people do with margin. 0% apr via balance transfer is very common
You could…don’t. Not when you’re in the “how does this work” phase.
@Fred I’ve done this before with FIXED limit cards. MS a card to get cash off of it and put the cash in inflation protected treasury bonds. Around month 11, sell the bonds to pay off the card and pocket the 1-2% spread.
Charge cards have no limit though, so How much can you borrow? Probably an amount AMEX will conveniently not tell you until your account is shut down.
That’s bonds; not the stock market. Regardless, there are things I’ve done successfully that I would not suggest to anyone who introduces themself as a novice.