New Amex Payment System & $10 Free Credit
American Express is launching their own Visa Checkout/Paypal competitor called Amex Express Checkout and is offering a free $10 credit for using the service. Here is how it works:
Make a purchase at one of the following websites by 9/7/15 and pay with Amex Express Checkout to receive the $10 credit:
Once you get past the fact that the Wall Street Journal has a wine retail website, then you should notice that one of the websites on this list is not like the others. Newegg.com is an electronics retailer, but they also sell a ton of eGift cards which should qualify.
- Offer ends 9/7/15.
- Limit one (1) $10 statement credit per American Express online account per merchant. (I read this to mean you can get the credit at each of the merchants listed above.)
- Offer only valid on orders shipped within the United States and its territories.
- Offer subject to each participating merchant’s shipping policies and restrictions.
- American Express® Cards eligible for this offer are U.S. Consumer and Small Business Credit and Charge Cards. American Express Corporate Cards are not eligible for this offer.
Newegg Test Purchase
Newegg sells a variety of gift cards to popular merchants. While there are too many to name, you can see the categories above. They really do have most of the major brands, so you shouldn’t struggle to find something to buy.
To test this new system I purchased a $10 Home Depot eGift card. The first step was adding the card to my cart. Once in the cart, I scrolled down and selected the Amex Express Checkout button as shown below.
Clicking that button will create a popup asking you to login to your Amex account. The fantastic thing is Amex Express Checkout uses your same username and password from your Amex online account. Simply input that information, choose which of your eligible cards to pay with and your almost done.
I’m not sure if it was because this was the first time I used Amex Express Checkout, but I was sent an access code via my linked email address. Once I received the code I had to input it for the transaction to go through.
When Amex Express Checkout is done, you will be asked to create or login to your Newegg account. As you can see above, I am on the final checkout screen. My subtotal is listed on the right and my payment method is listed as Amex Express Checkout on the left.
Did It Work
Well I didn’t get the confirmation that I will receive a $10 credit, but I did get an email from American Express thanking me for using the service for the first time. Considering the promotion is for doing just that, I fully expect to receive the $10 credit.
Update: I have received the credit on multiple accounts. Full details here.
The $10 credit is only good once per online American Express account per merchant. For those people who have decided to separate all of their cards into their own accounts, you could get this credit multiple times at each of the listed merchants. My family personally has four accounts total, so we should be able to take advantage of this promotion 4X at each merchant where it makes sense.
This isn’t the biggest deal in the world, but American Express has designed a simple and easy payment system and is willing to pay you free money to use it. It took me less than 2 minutes from the beginning to the end of the checkout process and I wouldn’t hesitate to use their payment service again if I was planning on paying with my Amex card.