Amex Business Checking Account Now Offers 60K Bonus
American Express launched a business checking account for small businesses last year. This is an account that now lets you convert Membership Rewards points to cash.
In the past we have seen bonuses for 20,000 and 30,000 Membership Rewards points. And now the signup bonus has been doubled to 60,000 Membership Rewards points, while the requirements stay the same. Let’s see all the details.
Welcome Bonus
Earn 60,000 Membership Rewards® points when you meet each of the following qualifying criteria:
- Open your first American Express® Business Checking account, which is subject to approval;
- Deposit a total of $5,000 or more in “new money” into your account within twenty (20) days of account opening
- Maintain an average balance in your account of at least $5,000 for sixty (60) days, starting on the date that your deposits of new money are equal to $5,000 or greater; and
- Complete 10 qualifying transactions within sixty (60) days of account opening (mobile deposits, and electronic/online transactions, including ACH, Wire, and Bill Payments made to or from your account)
- DIRECT LINK
- Apply by 1/3/2023.
After you have completed all the above qualifying criteria, American Express will credit the Membership Rewards points to the Membership Rewards Program Account linked to your American Express® Business Checking account within 8-12 weeks.
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Do you actually have to have a business to get these types of deals?
People have had success applying as a sole proprietor so no need for a formal business, but they can verify that you actually have a business if they want. Many people were able to get it with their social security number plus an EIN which you can get from the IRS. Could be a new business as well.
Thank you!! Almost missed it
Glad you were able to get it!
Has anyone received the points without uploading documentation?