Amex SimplyCash Plus, $500 Signup Bonus is Back

This post may contain affiliate links; please read our advertiser disclosure for more information.
Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Links in this post may provide us with a commission.

Amex SimplyCash Plus 500 Offer

Amex SimplyCash Plus Bonus Offer – $500

American Express has increased the offer on their SimplyCash Plus Business Credit Card to $500. The spending requirement is a bit high but this is a great no fee card to add to your wallet. Let’s take a look at the offer, the card and whether or not it is worth applying for.

The Offer

  • Earn a $250 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership.
  • Plus, earn an additional $250 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.

Learn more: Compare this and other offers and apply online HERE.

Card Benefits


  • No annual fee
  • 5% cash back at U.S. office supply stores and on wireless telephone services purchased directly from U.S. service providers. Capped at $50K in spend per year.
  • 3% cash back on the category of your choice from a list of eight. (Airfare, hotels, car rentals, gas, advertising, U.S. restaurants, U.S. shipping or U.S. computer hardware. Capped at $50K in spend per year.
  • 1% cash back everywhere else
  • Amex Offers
  • OPEN Savings


First off, $500 is about as good as you are ever going to get for a sign-up bonus on a no annual fee card. With that said, American Express wants you to spend big and thus you have to do a total of $15K in spend in order to get the bonus. Considering the card does have 5% and 3% categories, and you have a year to do it, it should be a manageable spend for many. Even if you can only manage $5K in six months, you still get a $250 bonus.

I think this card has a tremendous amount of value. It has Amex Offers and thus can generate cashback that way, doesn’t show on your credit since it is a business account which can help with Chase 5/24 and it earns 5% back at office supply stores.

In my opinion the bottom line is that this offer is good for someone who absolutely knows they can meet the spend. It is also good for people who don’t have a Chase Ink since it allows you to benefit from 5% back at office supply stores. Keep in mind that the normal bonus offer has been $250, and then $400 more recently.


This isn’t the deal of the century, but if you are looking for a solid no annual fee business card from American Express with great bonus categories, access to Amex Offers and a big sign-up bonus, then this offer may be worth considering.

Let us know what you think!

HT: Doctor of Credit

Based in NYC. Points/miles enthusiast for years and actively writing about it for the last two years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

More Like This


Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.


  1. So if I already have the Ink card would you still recommend this? I think the 3% categories look petty attractive…

  2. I want an AMEX but even $5000 in 6 months is nearly impossible for me. And, at 1%, Id lose $50 versus my 2% card.

    I don’t manufacturer spend or anything like that.


Please enter your comment!
Please enter your name here

SoFi Money $50 Bonus!

Super easy bonus! Sign-up and deposit $500 or more and they'll pay you $50! That's it!
Grab Your $50 SoFi Bonus Now!

moomoo - 2 Free Stocks!

Brokerage app moomoo is offering 2 Free Stocks! Just open an account and fund with $500 to get your stocks! Super easy.
Grab your 2 free stocks now!

Subscribe To Our Newsletter

Join thousands of MtM readers who are subscribed to receive a once daily email with all of our posts. Never miss out!

You have Successfully Subscribed!