American Express $50 Bonus Business Gold Rewards

November 10, 2007 · Filed Under Credit Card bonuses 

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American Express The Gold Rewards Credit Card is offering 5,000 Rewards points after first purchase. The 5,000 points can be exchanged for a $50 rewards gift certificate. You can choose the $50 gift certificate from stores such as Home Depot, Gap, Blockbuster, Barnes & Noble, Banana Republic, and so on.

Whether you have a home-based business or that you have sold something on Ebay, you can apply for a business credit card. You can put your name as the business name and your social security number as the tax id. Your business is called sole proprietorship and it’s perfectly legal with the IRS.

There will be a hard pull, but business credit cards will not show on your personal credit report. Hence you can open and close accounts, open more new accounts, and max your credit limit without worrying about your credit report.

Business Gold Rewards Card from OPEN(SM) the small business team

The $125 annual fee is waived for the first year. If you don’t find the card worth keeping, keep in mind that you can always cancel the credit card without paying any fees.

Here’s the fine print from American Express:

Bonus points: To be eligible to earn bonus points you must be enrolled in the Membership Rewards® program at the time of purchase and charge your purchases to an eligible, enrolled American Express® Card.
5,000 welcome bonus points are available for first–time Business Gold Rewards Cardmembers only. You may be permitted to have more than one Business Gold Rewards Card account; however, you are eligible to earn welcome bonus points for only one Card account. Additional Cardmembers are not eligible. Welcome bonus points will be credited to your Membership Rewards account 6 to 8 weeks after your first purchase appears on your monthly Business Gold Rewards billing statement. Bonus ID: 9238. Spend bonus points will be awarded to your account depending on the amount of Eligible Spending* in each membership year, as follows: If your Eligible Spending in a membership year is equal to or greater than $20,000 but less than $50,000, you can earn 5,000 spend bonus points; if your Eligible Spending in a membership year is equal to or greater than $50,000, you can earn an additional 20,000 spend bonus points. Spend bonus points will be credited to your Membership Rewards account 12 to 14 weeks after your Eligible Spending reaches the $20,000 and $50,000 threshold amounts, respectively. Bonus ID: 7312; 8192. A one–time renewal bonus of 10,000 points will be awarded to your account 12 to 14 weeks after you pay the annual membership fee for the second membership year. Bonus ID: 3125.

So according to the terms, you can get an extra 5000 points bonus after $20K in spending and another 20000 bonus points after $50K in spending. is a limited time offer. Take advantage of this offer and apply right away.

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