I earned 25,000 bonus points from AmEx
It took almost 9 weeks, but I finally earned the 25,000 extra points from the American Express Business Gold Rewards Card (EXPIRED OFFER) . This can convert into $250 worth of gift cards, a plane ticket, or a $125 statement credit:
If you wanted to apply, click here. Here’s my normal schtick, but read the card’s Terms & Conditions on the application yourself:
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American Express Business Gold Rewards Card (EXPIRED OFFER) is currently running a limited promotion for 25,000 Rewards points after first purchase. The 25,000 points can be exchanged for a free round-trip airline ticket anywhere in the U.S or $250 rewards gift certificate. You can choose the $250 gift certificate from stores such as Home Depot, Gap, Blockbuster, Barnes & Noble, Banana Republic, and so on. If you just want a straight statement credit, you’ll get $125, but double that with rewards certificates!
Whether you have a home-based business or you have sold something on Ebay, you can apply for a business credit card. You can put your name as the business name and your social security number as the tax id. Your business is called sole proprietorship and it’s perfectly legal with the IRS.
The $125 annual fee is waived for the first year. If you don’t find the card worth keeping, keep in mind that you can always cancel the credit card without paying any fees.
Here’s the fine print from American Express:
Apply for the Business Gold Rewards Card and make a purchase by 12/31/07. Upon the Basic Cardmember’s first purchase, a one time bonus of 25,000 points can be earned toward the Basic Business Gold Rewards Cardmember’s Membership Rewards® account and may appear as separate credits of 5,000 and 20,000 bonus points. The maximum 25,000 bonus points are available to first–time Basic Business Gold Rewards Cardmembers only; they are not available if you transfer an existing account. Welcome bonus points will be credited to your Membership Rewards account 6 to 8 weeks after your first purchase appears on your monthly billing statement. The bonus 25,000 Membership Rewards points may be redeemed for one domestic round–trip airline ticket.
The 25000 points bonus is a limited time offer. Just like the $250 Chase bonus, take advantage of this offer and apply right away.
Disclaimer: This was NOT a paid advertisement. However, I do earn affiliate income from any approved applications with this offer. Please do not apply for the card if you cannot control your spending. If you can’t balance your own budget, you probably shouldn’t have a credit card. Otherwise, have at it!
Try one of these related posts too!:
- Cashed in My AmEx Bonus Points…Received the Booty
- I couldn’t help myself. I applied for the AmEx card
- Get 5,000 bonus points from American Express Preferred Rewards Green Card
- Best Posts from September, 2007
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Anyone want to share which gift cards they are choosing? My points just showed up this week, too. Since we need actual money now more than gift cards to any of these stores, I tried to see which gift cards sold for the most on Ebay. Seems like the Home Depot, Pottery Barn and Crate & Barrel each go for about 90 percent of face value, most of the time. Of course, you also have to factor in Ebay fees plus most likely Paypal fees, too, so seems like 80% of face value would be your net. Still, $200ish through paypal is better than the simple $125 in Amex Credits.
Anyone have good suggestions on how to turn this into the maximum cash value?
I’d rather just spend it all on useless junk that will clutter my home
Actually, there’s a lot of stores and services we’re interested in spending at (for things already in scope for our budget). But that’s a good idea to sell the cards if you just don’t need them.