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Amex is out with a great targeted offer for select business cardholders: Spend $500, Get $25, up to 10 times. I found this offer on every Blue Business Plus card in my household (including authorized users), but not on any other cards. This amounts to 5% back on $500 transactions in addition to points earned anyway! This offer is limited to those who were cardmembers as of November 1st 2020.
Readers report finding this offer on the Blue Business Plus, Platinum Business, and Simply Cash Business Cards. Please let us know in the comments if you find this offer on other cards.
The Deal
Spend $500 or more, get $25 back. Up to 10 times (total of $250).
Get a $25 statement credit by using your enrolled Card to spend a minimum of $500+ in a single eligible transaction. Must spend by 6/30/2021. Limit of 10 statement credits (total of $250). See terms.
Offer Terms
Must first add offer to Card and then use the same Card to redeem. Offer to enroll is only available to eligible U.S.- issued American Express® Cards who are Basic Card Members or Additional Card Members prior to November 1, 2020. Limit 1 enrolled Card per Card Member across all American Express offer channels. Your enrollment of an eligible American Express Card for this offer extends only to that Card. Basic Card Members and Additional Card Members must separately enroll an eligible Card. Offer valid for eligible purchases made at any merchant that accepts American Express in the U.S. An “eligible purchase” means a purchase of at least $500 made with your enrolled Business Card by 6/30/2021. Each time you make a single eligible transaction totaling at least $500, you will receive $25 back via statement credit. Limit of 10 statement credits (total of $250) back per Card Member. Cash advances, other fees and charges such as interest, annual fees and foreign currency conversion fees are not eligible transactions and do not qualify for this offer. Offer is non-transferable. The enrolled Card account must not be cancelled or past due to receive statement credit. Any benefit earned from this offer is in addition to the rewards (i.e. Membership Rewards or cash back) earned as part of your existing Card benefits, but your ability to earn spend-based rewards for the purchase will be based on the amount after any statement credit or other discount is applied. Statement credit will appear on your billing statement within 90 days after 6/30/2021, provided that American Express receives information from the merchant about your qualifying purchase. Note that American Express may not receive information about your qualifying purchase from merchant until all items from your qualifying purchase have been provided/shipped by merchant. Statement credit may be reversed if qualifying purchase is returned/cancelled. If American Express does not receive information that identifies your transaction as qualifying for the offer, you will not receive the statement credit. For example, your transaction will not qualify if it is not made directly with the merchant. In addition, in most cases, you may not receive the statement credit if your transaction is made with an electronic wallet or through a third party or if the merchant uses a mobile or wireless card reader to process it. Amex Offers are dynamic and personalized, so the offers you see may change. For questions regarding your Card Account, please call the number on the back of your Card. By adding an offer to a Card, you agree that American Express may send you communications about the offer. POID: K1J5:0006
My Take
The Blue Business Plus card already offers fantastic value for otherwise un-bonused spend since it earns 2X everywhere, up to $50K spend per year (then 1X). With this offer, purchases of $500 or more will be all that much more rewarding. I highly recommend against buying $500 gift cards, though. Amex will likely claw back points and rebates if you do.
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What about sending $500 paypal and paying the fees myself? This likely to be an issue with AMEX?
Yeah, I wouldn’t risk it. Amex doesn’t like to reward person to person payments in any way
Is there any restriction on the time period you can get the 25.00 credit? In other words, can I pay three (3) different $500.00 invoices a few days apart, and get those three (3) 25.00 statement credits in a one month period, or is it only one 25.00 credit issued per billing cycle, so I’d have to wait to pay two of the invoices or use a different card or check?
No restriction. I did a bunch of $500 payments within minutes of each other and got all the credits.
any DPs that a stmt cr was delayed or not issued after organic spend of >$500 posted more than 4-5 days?
Any data points on one large payment triggering the bonus – ie, Can this be one tax payment of $5000 vs 10 of $500 each?
nope, will get only a $25 cr
The way it is worded looks like you have to do separate payments. I’m planning to do a test $1K purchase but haven’t done it yet.
Would this promo work to pay tuition? I don’t see anything in the promo T&C that would prohibit this.
I found this on my Blue for Business card (it is included in the list of cards contained in the T&C of the promo).
Yes if the school accepts credit cards then that would definitely work (or you could pay through Plastiq)
Greg & FM team,
did the sorted comments by ‘most recent or old’ go away? hope that option is still available or be brought back, as i find it more efficient than the recent change. Thx
Absolutely agree to this…to be honest, the comment system on Doctor of Credit is even better, if that’s a style that can be applied here easily it’d be an easy win I think.
no feedback from the FM team… guess that the more easy or effective method won’t likely be brought back; if one wants to view most recent, latest updates / comments will have to scroll all the way down or to last page; the point is most ppl want to view the latest or most recent news first rather than those of past weeks or months old
I just looked into this. Earlier this past week we had turned on pagination of comments for those pages that have hundreds of comments. Unfortunately, that caused the sorting option to go away. I had no idea until reading your comment this morning. So, I now turned off pagination and the sorting is back. Not sure what we’re going to do about pages with hundreds of comments. Maybe we’ll delete the very old ones.
thx Greg!
It stacks nicely with the spend 8k receive 11.5k miles.
A few updates: Pay1040.com increased their fees to 1.99 making PayUSA the least expensive provider for credit cards at 1.96. The fee is billed separate so the tax payment needs to be $500 + fee to qualify.
Weird that I only have it on my Blue Business Plus and not on my AU’s.
You can pay quarterly estimated taxes and the $25 credit would more than make up the fee.
Both me and my wife had this offer on our BBP cards. She also has an offer for an extra 3000 membership rewards for each $1500 spent (use up to 3 times). I have an offer for an extra 1000 membership rewards for each $3000 spent (use up to 3 times). Looks like I’m going to be doing a lot of $500 transactions between the 2 cards.
FYI: It’s possible that you can max out this deal with a single $5K purchase. I’m not sure. I think I’ll test out a $1K purchase to see if I get $50.
UPDATE: This definitely does not work. You must make multiple separate $500+ purchases.
Hope it works but based on the offer terms of $500+ (rather than every $500 or other wording), it probably won’t.
Thanks for trying this for us!
There is a report of this working on doc, but every DP is appreciated!
Thanks for doing one for the team!
ETA: actually the dp is for the bb offer so it’s even more significant
Any update on this?
Ha I just posted this same question at the top of the thread!
Haven’t had a chance to try it yet. I’ll report results when I do.
Confirmed that you only get one $25 credit per purchase even if your purchase exceeds (for example) $1,000
I’m not a big user of Amex offers but got this one on Business Plus, and can do multiple $500 payments against my (high) oil bills for winter heating.
If I’ve registered the offer and my wife uses her authorized user card to make the purchase will that trigger the offer, or does it have to be my card (not trying to double-dip the offer, just want to make sure I don’t miss out by using the wrong card).
The spend needs to be on the card where you loaded the offer.
Amex offers have historically been specific to the card where the offer is added, so AUs don’t trigger the offer from the account holder’s main card. But those AU cards should get their own offer so you can do another 10 times on those card(s).
These new offers could be different but I doubt it.
Thanks Larry. Not sure how I see my wife’s AU card’s offers. Are those under a separate Amex online account for her, even though the points credit to my account? I can’t see any way to do anything but list the names that have an AU card from my own account.
They’ll show under a separate Amex online account, for the specific AU card number. I add the AU cards to their own account, and separate them by person. So in my family of 4 as an example, I’ll have 6 Amex profile accounts. My wife and I have our own CCs that need to be paid and MR points managed separately, so I have one account for each of us. Then each of our 4 people get their own accounts where they are an AU on another card (I don’t want my AU cards for my wife’s account showing on my main Amex profile so it doesn’t get as cluttered).
I probably used “Create New Online Account” to originally set up the new amex online account with an AU card number. As new cards arrive, I add the AU card numbers to the appropriate amex online account.
Hope this makes sense!
Terms say “Basic Card Members and Additional Card Members must separately enroll an eligible Card. “
Would it work for taxes and/or rent?
Yes
Same offer on my Platinum Biz.
My mistake, my offer was on Biz Blue.
I am thinking about making some estimated tax payments.
I am thinking the same.
Found this deal on my Amex Simply Cash Business card. You do mention this in your post, but easy to miss: purchases must be $500 minimum. You cannot accumulate purchases under $500 as you can with many other AmEx offers.
yes that’s a bummer: “ a minimum of $500+ in a single eligible transaction”