American Express Bank Promotions: $250 Checking Bonus, 70K Points Business Checking Bonus (Nationwide) – Ends 7/31/24

Find all the latest American Express Bank Promotions, Bonuses, and Offers here.

Update 3/12/25:

• The $250 checking bonus is back through 4/15/25.
• If you can’t get the 70K offer below, check out this 50K targeted offer.
• Here’s a second 70K alternative offer too.

American Express $250 Checking Bonus

American Express is offering a $250 bonus with a new checking account.

• What you’ll get: $250
• Account Type: Checking
• Availability: Nationwide
• Credit Inquiry: Soft Pull
• ChexSystems: Unknown
• Credit Card Funding: None
• Direct Deposit Requirement: Yes (see what works)
• Monthly Fee: None
• Household Limit: None listed
• Closing Account Fee: None

(Expires 04/15/2025)

How To Earn Bonus

• Earn a Welcome Bonus of $250 after you complete each of the following qualifying criteria:
  • Open your first American Express Rewards Checking Account in your name by 11:59PM MST on 04/15/2025, which is subject to approval; and
  • Have two separate Qualifying Direct Deposits, each in the amount of $1,000 or more, posted to your American Express Rewards Checking Account within the first 90 days of account opening.
• After you have completed the above qualifying criteria, American Express will deposit the Welcome Bonus into your Rewards Checking Account within 8-12 weeks.

Fine Print

• Earn a Welcome Bonus of $250 after you complete each of the following qualifying criteria:
  • Open your first American Express Rewards Checking Account in your name by 11:59PM MST on 04/15/2025, which is subject to approval; and
  • Have two separate Qualifying Direct Deposits, each in the amount of $1,000 or more, posted to your American Express Rewards Checking Account within the first 90 days of account opening.
• After you have completed the above qualifying criteria, American Express will deposit the Welcome Bonus into your Rewards Checking Account within 8-12 weeks.
• A Qualifying Direct Deposit is a single ACH transfer of $1,000 or more from an employer or the government for a paycheck, pension, government benefit (such as Social Security), or tax refund. Two Qualifying Direct Deposits are required to qualify for this offer. The following are not Qualifying Direct Deposits: person to person transfers (P2P) such as money transfer apps, deposit account to deposit account transfers (for example, from a checking account to another checking account or from a savings account to a checking account), deposits or ACH transfers not from an employer or the government (for example, online transfers or bank transfers), internal transfers from your American Express® Savings account, deposits made via check, and Membership Rewards® points redemption for deposits.
• You are not eligible for the Welcome Bonus if you have an existing or previously have had a Rewards Checking Account. Each individual customer may only have one Rewards Checking Account. The Welcome Bonus is only available to customers who were solicited for it and cannot be forwarded or used more than once. The Welcome Bonus may not be transferred, sold, traded, or combined with other Welcome Bonuses. Limit one Welcome Bonus per American Express Rewards Checking Account.
• You must keep your account open and in good standing until we award you the Welcome Bonus. If your account is closed for any reason prior to such time, including being closed by us, you will not be eligible for the Welcome Bonus. If we determine, in our sole discretion, that you have violated the Consumer Deposit Account Agreement or Rewards Checking Schedule or have engaged in abuse, misuse, or gaming in connection with your account, we may determine that you are not eligible for the Welcome Bonus. In such circumstance, we may rescind or decline to award you the Welcome Bonus. American Express reserves the right to modify or revoke this Welcome Bonus offer at any time without notice.
• The Welcome Bonus may be taxable income to you and may be reported on IRS Form 1099. You are responsible for any federal or state taxes resulting from the Welcome Bonus. Please consult your tax advisor if you have questions about the tax treatment of the Welcome Bonus.

Amex Business Checking 70,000 Points Bonus *Targeted*

Sign into your Amex account and see if you are targeted for a welcome 70K points bonus offer.

• What you’ll get: 70,000 Membership Rewards points
• Account Type: Business Checking Account
• Availability: Nationwide
• Credit Inquiry: Soft Pull
• ChexSystems: Unknown
• Credit Card Funding: None
• Direct Deposit Requirement: None
• Monthly Fee: None
• Household Limit: None listed
• Closing Account Fee: None

We’ve found a link to see if you were targeted for the 70K MR points offer. There is now a targeted 70K MR offer. Sign into your Amex account and check the dashboard to see. Expires 7/31/24.

How To Earn Bonus

• Earn 70,000 Membership Rewards Points® after you:
• Deposit a total of $15,000 or more in eligible deposits within 30 days of opening your first account
• Maintain an average balance in your account of at least $15,000 for sixty (60) days, starting on the date that your deposits of new money are equal to $15,000 or greater; and
• Complete 5 qualifying transactions within sixty (60) days of account opening.

Fine Print

• “New money” is defined as deposits that are not deposited from any other American Express® Business Checking account and are not deposited using our Redeem Membership Rewards points for Deposits feature.
• “Qualifying transactions” are defined as mobile deposits, and electronic/online transactions, including ACH, Wire, and Bill Payments made to or from your account. Business Debit Card transactions and deposits using our Redeem Membership Rewards points for Deposits feature are not qualifying transactions.
• You are not eligible to earn a Welcome Bonus for any accounts opened for a business that currently has or has had an American Express® Business Checking account.

American Express Business Checking 30,000 Points Bonus

The American Express Business Checking account features a 1.30% APY for balances up to $500,000, the ability to connect with existing American Express credit cards, and a limited-time welcome 30K points bonus offer.

• What you’ll get: 30,000 Membership Rewards points
• Account Type: Business Checking Account
• Availability: Nationwide
• Credit Inquiry: Soft Pull
• ChexSystems: Unknown
• Credit Card Funding: None
• Direct Deposit Requirement: None
• Monthly Fee: None
• Household Limit: None listed
• Closing Account Fee: None

(No Expiration Date)

Editor’s Note: If you are not in a hurry, you can wait around until the 50K offer come back.

How To Earn Bonus

• Earn 30,000 Membership Rewards Points® after you:
• Deposit a total of $5,000 or more in eligible deposits* within 30 days of opening your first account,
  • *Eligible deposits are any deposits except deposits using our Redeem for Deposits feature, deposits from interest payments, and deposits from any other American Express Business Checking accounts. AND
• Maintain an average account balance of $5,000 for the next 60 days, AND
• Make 5 or more qualifying transactions* within 60 days of opening your account.‡
  • *Qualifying transactions are mobile deposits, check deposits by mail, and electronic/online transactions including ACH, Wire, and Bill Payments. Business Debit Card transactions and deposits using our Redeem for Deposits feature are not qualifying transactions.

Fine Print

• You are not eligible to earn a Welcome Bonus for any accounts opened for a business that currently has or has had an American Express® Business Checking account.
• To be eligible for this Welcome Bonus, your application must be submitted using the link for this 30,000 Welcome Bonus. Offer is not transferrable.
• The Welcome Bonus may be taxable income to you and may be reported on IRS Form 1099. You are responsible for any federal or state taxes resulting from the offer. Please consult your tax advisor if you have questions about the tax treatment of the Welcome Bonus.

American Express $350 Savings Bonus *Expired*

American Express is offering some cardholders a $350 bonus with a new High Yield Savings Account.

Update 2/9/24: Check your email for this offer. There’s now a $300 bonus offer with the same $25K requirement.

• What you’ll get: $350
• Account Type: Savings Account
• Availability: Nationwide
• Credit Inquiry: Soft Pull
• ChexSystems: Unknown
• Credit Card Funding: None
• Direct Deposit Requirement: No
• Monthly Fee: None
• Household Limit: None listed
• Closing Account Fee: None

How To Earn Bonus

• Earn a $350 Cash Bonus when you deposit $25,000 or more into a new American Express High Yield Savings Account.
• Offer available to email recipients who don’t have an existing American Express Savings account. Must deposit funds by March 3, 2023 and hold them through May 2, 2023.

Fine Print

• This offer is only available to customers new to American Express Savings.
• Offer is not available to:
• non-American Express Card Members
• American Express Card Members who did not receive this email from American Express directly, or
• American Express Card Members who have been named as a primary or joint holder on an active American Express High Yield Savings Account as of the date on which the email was sent.
• A cash bonus amount of $350 will be credited to your new account after you, as the primary account holder, deposit a total of $25,000 or more of new money (not transferred from an existing American Express Savings, checking or debit account) into a new American Express High Yield Savings Account by 11:59pm ET on March 3, 2023. A “new” account for this purpose is an account that is opened on or after the date on which this email was sent by American Express. High Yield Savings Accounts that were active prior to the date on which this email was sent by American Express are not eligible for this offer.
• You can reach the Threshold Amount through one or more deposits, provided that the total Threshold Amount is reached and posted to your account by 11:59pm ET on March 3, 2023.
• You will receive the bonus in your account within 8-12 weeks.
• If funds in the account drop below the Threshold Amount at any point during the promotion period, the account will no longer be eligible for the promotion.

American Express $250 Business Line of Credit Bonus *Expired*

American Express is offering a $250 bonus when you apply for business funding.

• What you’ll get: $250
• Account Type: Business LOC
• Availability: Nationwide
• Credit Inquiry: Unknown
• ChexSystems: Unknown
• Credit Card Funding: None
• Direct Deposit Requirement: No
• Monthly Fee: None
• Household Limit: None listed
• Closing Account Fee: None

(Expires 08/31/2023)

How To Earn Bonus

• To be eligible for this limited time offer, apply for a American Express® Business Line of Credit between 6/1/23 and 8/31/23 at 11:59pm ET.
• If your application is approved, and you add and verify your Funding primary account on or before 8/31/23, we’ll deposit $250 into it!

Fine Print

• This offer is provided by American Express® Business Line of Credit (“we”, “us” or our”).
• American Express® Business Line of Credit loans are issued by American Express National Bank (AENB).
• To be eligible to earn the $250 associated with this offer, you must 1) apply and be approved for a line of credit between 6/01/2023 and 8/31/2023 at 11:59pm ET and 2) add and verify your designated business bank account (hereafter defined as “Funding primary account”) on or before 8/31/2023 at 11:59pm ET.
• AENB will deposit $250 into the Funding primary account you’ve successfully linked to American Express® Business Line of Credit within 30 calendar days from the date the account is verified.
• Limit one offer per new American Express® Business Line of Credit account.
• This offer (i) is not available to existing American Express® Business Line of Credit customers, (ii) is non-transferable, and (iii) cannot be combined with any other offer except as permitted by American Express.
• We reserve the right to modify or revoke this offer at any time.
• You may not receive the offer, if we determine in our sole discretion that your account is not in good standing, has a disconnected bank account, and/or you have engaged in abuse, misuse, fraudulent activity, or gaming in connection with the offer in any way or that you intend to do so.
• We may also cancel your American Express® Business Line of Credit account and other accounts you may have with us.
• Your American Express Business Line of Credit account must be open at the time of fulfillment; we may not credit the offer if you or we close your American Express Business Line of Credit account.
• The offer may be taxable income to you and may be reported on IRS Form 1099.
• You are responsible for any federal or state taxes resulting from the offer.
• Please consult your tax advisor if you have questions about the tax treatment of the offer.
• If you have any questions regarding this offer, please contact us.

Bottom Line

At American Express, you’ll be able to find the checking account that fits your life. Similar to their line of other financial products, you will have access to their great customer service and other benefits.

We recommend comparing this account to all business checking bonuses.

Be sure to check out our latest bank promotions to keep updated on amazing offers!