American Express is giving out a huge 150,000 point sign up bonus. This deal expires tomorrow, so I wanted to celebrate Free Money Friday early to make sure you get a chance to take advantage of this deal today!
The spending requirements are steep and the annual fee is outrageous, but after doing the math and seeing the potential to make $1250+, I’m making it my first priority today!
How to Get Your 150,000 Point Sign Up Bonus
- Open a new American Express Business Platinum card by calling 1-877-628-6736 by May 15, 2015.
- Use offer code: L081-994-816-5743.
- Spend $20,000 in the first 3 months.
- Get 150,000 bonus points.
Terms and Conditions
- $450 annual fee NOT WAIVED.
- No foreign transaction fee.
More on American Express
Earning Points. You earn 1 point per dollar on each purchase and 2 points for each dollar of eligible purchases made when you book on the American Express Travel website.
Redeeming Points. See the Best Way to Maximize American Express Points to get the most out of your points.
Airline Credits. The card comes with a $200 airline credit per calendar year; you could use the $200 credits both in 2015 and 2016 to offset the steep annual fee.
Do the Math. Redeeming the 170,000 points (150,000 bonus points plus 20,000 points on spending) for 1:1 conversion on points would yield $1,700 in gift cards. Less the annual fee of $450, we stand to make $1250 on our $20,000 spend, or 6.25%. If you opt for transfers to airlines, the points could be worth much more!
Sources. Credit to various sources that are buzzing about this offer today including: Doctor of Credit, Miles Per Day and Reddit.
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