American Express Business Gold gives you $250 bonus or free roundtrip- Offer Expired

by Hu$tler on October 9, 2007

in Credit Card bonuses

American Express Business Gold Rewards Credit Card is currently running a limited promotion for 25,000 Rewards points after first purchase. The 25,000 points can be exchanged for a free round-trip airline ticket anywhere in the U.S or $250 rewards gift certificate. You can choose the $250 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. The $250 bonus is worth a hard pull in my opinion.

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:

Apply for the Business Gold Rewards Card and make a purchase by 12/31/07. Upon the Basic Cardmember’s first purchase, a one time bonus of 25,000 points can be earned toward the Basic Business Gold Rewards Cardmember’s Membership Rewards® account and may appear as separate credits of 5,000 and 20,000 bonus points. The maximum 25,000 bonus points are available to first–time Basic Business Gold Rewards Cardmembers only; they are not available if you transfer an existing account. Welcome bonus points will be credited to your Membership Rewards account 6 to 8 weeks after your first purchase appears on your monthly billing statement. The bonus 25,000 Membership Rewards points may be redeemed for one domestic round–trip airline ticket.

The 25000 points bonus is a limited time offer. Just like the $250 Chase bonus, take advantage of this offer and apply right away.

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{ 9 comments… read them below or add one }

Dimples September 23, 2007 at 9:23 pm

Points hit my account last Saturday. I redeemed them Sunday afternoon. Received $100 in travelers cheques and a $25 AmEx gift card on Wednesday. You can’t beat a deal like that.

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rocketc August 29, 2007 at 12:46 pm

I am still waiting on mine.

I’m also shocked that they even gave me this card. My credit score has dropped almost 80 pts in the last couple of months due to an app-o-rama.

I applied two months after the AOR.

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TJ August 22, 2007 at 10:09 am

I sent an email to AMEX and they just credited my 25,000 points!!

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fcc August 8, 2007 at 4:24 pm

This is probably one of the better credit card deals I’ve seen in awhile. Too bad I don’t really need another credit card to my name, haha.

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Hu$tler August 8, 2007 at 2:54 pm

5K, 10K, or 20K…..

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Michael August 8, 2007 at 1:25 pm

when u apply for the business cards, what do you put as your business income? If i put my regular salary on the household income, what do i put as the business income?

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mike August 8, 2007 at 1:23 pm

hey…when you apply for these business cards as a sole proprietorship, what do you put as your businesses income? Example…if i put 50K as my household income, what do I put as the business income? I can only claim the ebay thing, selling stuff, that kind of thing, no other outside business.

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CreditGenerator July 10, 2007 at 3:29 am

Rewards credit cards can be really great. If you are an active traveler, for example, airline miles credit cards are at your disposal, etc. Rewards credit cards allow you to earn rebates and bonus points to get free hotel stays, bonus miles, etc. Really great!

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Lee June 26, 2007 at 6:37 pm

I left a question on…

http://www.hustlermoneyblog.com/the-freebies-o-rama-game/

take a look at it for me if you get a chance. Thanks!

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