Amex Business Gold – Anyone Wants this $500 Bonus?
The Amex Business Gold card was revamped last year. It was improved with 4X categories, but there was no sign up bonus with the public offer. That changed later, with an offer of 50,000 Membership Rewards points through referrals. Now American Express has added a new public bonus, but this one is a head-scratcher. Let’s see if it convinces anyone to apply.
The Offer
Earn up to $500 back in the form of statement credits by purchasing qualifying services with FedEx using your American Express® Business Gold Card within the first 3 months of Card membership. Limited time offer ends 11/06/2019.
Earning Rates
Get 4X Membership Rewards points on the 2 categories where your business spent the most each billing cycle from the list below.
- Airfare purchased directly from airlines U.S. purchases for advertising in select media
(online, TV, radio) - U.S. purchases made directly from select technology providers of computer hardware,
software, and cloud solutions - U.S. purchases at gas stations
- U.S. purchases at restaurants
- U.S. purchases for shipping
4X points applies to the first $150,000 in combined purchases from these 2 categories each calendar year Then earn 1 point per dollar.
Other Perks
- Get 25% points back after you use Pay With Points for all or part of a flight booked with American Express Travel if the flight is either on your selected qualifying airline or First or Business class, up to 250,000 points back per calendar year.
- Pay Over Time feature. Gives you the option to carry a balance with interest on purchases of $100 or more.
Conclusion
The card is a good option for businesses. But this new bonus will probably make only a handful of people happy. Yes, the spending requirement is only $500 for a $500 bonus, but all that spending has to be at FedEx.
If you have a lot of FedEx expenses, I guess this is your chance. Otherwise, look into applying through a referral to get a better bonus. But stay away from self referrals.
Lower Spend - Chase Ink Business Preferred® 100K!
Chase Ink Business Preferred® is a powerful card that earns 3X Ultimate Rewards points in a broad range of business categories on the first $150K in spend per year. Right now earn 100K Chase Ultimate Rewards points after Learn more about this card and its features!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Since most (all?) business Amex cards have the Amex Offer for Fedex at up to 25% back anyway, this definitely does not seem like a good deal! Was this the straight up public offer or a more hidden link?
Head scratcher indeed!