I received a reader tip last week about a new promotion that the American Express Business Gold card is having, it’s almost too good to be true.
They are offering a 25,000 welcome points along with waiving the $180 annual fee for the first year. What’s the big deal? The 25k points are transferable 1:1 to Aeroplan which equates to a free flight anywhere in North America! So basically, a free vacation for nothing out of your pocket courtesy of American Express.
What’s the catch? In order to receive the bonus, the card holder must spend at least $1,000 on the AMEX in the first 3 months. For most of us with regular bills, spending $333/month on a credit card is pretty easy to achieve.
- 25,000 welcome bonus points! (after spending $1k in first 3 months)
- Transfer points to Aeroplan. Instantly. 1 point = 1 Aeroplan Mile.
- Earn 1 point for every $1 of spending with no spending caps.
- Earn up to 40,000 bonus points every year when you reach spending milestones.
- Transfer points to Cathay Pacific’s Asia Miles, Continental Airlines, or Delta Air Lines and access their 27 airline partners.
- Or book virtually any trip or vacation package. Pay all or part with points. No blackouts.
- More reward choices. Like The Home Depot, Starwood Hotels & Resorts, Fairmont Hotels and Resorts, Sony, Apple.
Comprehensive Insurance Package
- Disability plan for Small Business.
- $100,000 travel accident insurance.
- Car rental theft and damage insurance.
- Flight and Baggage Delay Insurance.
- Hotel/Motel Burglary Insurance.
- Travel Emergency Assistance.
- American Express isn’t as widely accepted as other credit cards. However, great for Costco shoppers like myself.
- The $180 annual fee after the first year (waived in the first year).
- Missing the extended warranty and purchase insurance that I expect from credit cards.
Interested in this Card?
If you’re interested in this freebie/deal, you can apply for the American Express Business Gold card online here.
A free flight anywhere in North American for simply signing up for a credit card seems like a great deal to me, especially with nothing out of pocket. If after the first year the $180 annual fee doesn’t justify the rewards, then simply call them up and negotiate a better price for staying loyal with them.
What are your thoughts? Would you sign up for a credit card deal like this one for the welcome bonus?