Expired
For a limited time, American Express OPEN is offering you the chance to earn 50,000 Membership Reward [affiliate link] points via their Business Gold Rewards Card®. I would never call this an “Amazing Deal Alert” because it comes with having to spend $5,000 over a three month period. The normal person, me included, can not justify having to spend that much on a credit card in a short period of time. However, since the card is a Business product, I could see meeting the minimum spend more practical for business purposes.
I have seen “better” 75,000 very limited time offers in the past; however, those have come with even heftier $10,000 spends in a very short period of time. The reality, most people will not even bat an eye lash at such an unattainable offer. However, for the mileage hounds who like to manufacture spend, it might be an offer some might like to take advantage of since the card comes with a nice bonus.
The $175 annual fee is waived for the first year.
Earn Multiple Points on Purchases
- 3X points on airfare purchased directly from airlines
- 2X points on US purchases for advertising in select media, shipping and at gas stations
- 1X points on other purchases
Terms and limitations apply. 3X and 2X apply to purchases up to $100,000 in each of the 4 industry categories per year.
Note, the welcome bonus offer is not available to applicants who have had this product or any other Business Gold, Green or Platinum Card® account within the last 12 months.
Membership Rewards, which are a generic points issued by American Express, are most valuable because they can be transferred to various airlines and hotels. In addition, American Express sometimes offers bonus opportunities like 50% match when transferring to select partners.
Membership Rewards can be transferred to:
Airlines
Delta
Aeromexico
Air Canada Aeroplan
Alitalia
All Nippon Airlines
Asia Miles
British Airways
EL AL Israel Airlines
Flying Blue Air France/KLM
Frontier
Hawaiian Airlines
Iberia
JetBlue
Singapore Airlines
Virgin America
Virgin Atlantic
Hotels
Best Western
Choice Privledges
Hilton
Jumeirah
Starwood Preferred Guest (SPG)
So while there are some great benefits to having a wallet full of Membership Rewards, I am not 100% convinced this offer is for everyone, or at least not this family. If you are a business owner with easy access to meet the minimum spend, then the Business Gold Rewards Card® from American Express OPEN [affiliate link] might be the card for you.
Save Money, Travel More!
Source: InACents
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