75,000 Membership Rewards Points After Spending $10,000 Within 4 Months With The AMEX Business Gold Rewards Card

[Disclosure:  Emily and I do NOT get a referral for the 75,000 point American Express Business Gold card as of the post publication date.]

Update:  Offer has expired.

Via FlyerTalk, American Express is offering 75,000 Membership Rewards points after spending $10,000 within 4 months on the Business Gold Rewards card if you apply by May 17, 2013. 

If you want the offer with 75,000 points please click the link above and NOT the ad in the right column which will get you 50,000 points after spending $5,000 within 3 months.

Just a few days ago, American Express was offering 75,000 points after spending $5,000 (half the spending requirement) (offer expired) within 3 months and many Million Mile Secrets readers got in on that offer.

75,000 Membership Rewards Points After Spending $10,000 Within 4 Months

75,000 Membership Rewards Points After Spending $10,000 Within 4 Months

Normally, 75,000 points would be a great offer, but it isn’t really such a great offer when compared to last week’s offer.

HigH Spending Requirement

You have to spend $10,000 within 4 months to get the 75,000 point sign-on bonus.  If you’ve run out of other cards to apply for or have no problem meeting the minimum spending requirement, the 75,000 point Business Gold card may make sense to apply for.  But most folks have only a limited amount of money which they can spend on credit cards and their sign-up bonuses.

So by spending $10,000 in 4 months on the American Express Business Gold, you’re diverting money AWAY from other (potentially more lucrative) credit card sign-up bonuses.

For example, you can get 50,000 points with the Chase Ink Bold or the Chase Ink Plus after spending $5,000 within 3 months.  And you could apply for the Chase Sapphire Preferred for 40,000 points after spending $3,000 within 3 months.

So spending $8,000 will get you 90,000 Ultimate Rewards points (50,000 from the Ink Bold/Plus & 40,000 from the Sapphire Preferred) which are more valuable than 75,000 Membership Rewards points.

Or you could get a Citi American Airlines cards for 50,000 miles after spending $2,500 within 4 months.  And 50,000 points with the Chase Ink Bold or Chase Ink Plus after spending $5,000 within 3 months.  So spending $7,500 earned you 100,000 miles & points -  50,000 American Airlines miles and 50,000 Ultimate Rewards points.

My point is simply that you should go BEYOND the headline sign-up bonus and see if the card makes sense for YOU.  Bigger is not necessarily better.

The regular offer for the Business Gold is for 50,000 points after spending $5,000 within 3 months (0ffer expired), which may be a better offer for many.

Terms & Conditions

The terms say that you have to apply by May 14, May 15, May 16, or May 17th 2013 using Bonus ID A3ZA (which I’m assuming is already coded in the application link).

The terms also say that the: “Welcome bonus offer not available to applicants who have had this product or any other Business Gold, Green or Platinum Card® account within the last 12 months.

You should be able to get the bonus if you have have the American Express personal Premier Rewards Gold and the Platinum card since the terms preclude only business cards within the last 12 months.

$10,000 may seem like a lot (and it is).  But do the math to see if it makes sense for YOU to chase $10,000 spending within 4 months when there are other cards which require less minimum spending.

The $175 annual fee is waived for the 1st year and you earn:

  • 3X points on airfare
  • 2x points on purchases in the U.S. for advertising in select media, gasoline at U.S. stand-alone gas stations, and shipping
  • 1X points on other purchases

Membership Rewards airline and hotel transfer partners often have transfer bonuses, so you may be able to transfer your points to, say, British Airways and get 35% more points.

American Express seems to be running limited time mega sign-up bonus offers, but with large minimum spending requirements.  We’ve seen similar offers before for 1 day only, so it is nice to see this offer run for a little longer.  But the minimum spending is high.

Bottom Line

75,000 Membership Rewards is a big sign-up bonus.  But don’t let that distract you from the equally big $10,000 minimum spending requirement.

This card could make sense for many, but be sure that you can comfortably meet the minimum spending requirement and that it won’t take away from other good sign-up bonuses!

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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

22 Responses to 75,000 Membership Rewards Points After Spending $10,000 Within 4 Months With The AMEX Business Gold Rewards Card

  1. I really like you trying to emphasize the fact about the 10K minimum spend requirement. Mother-in-laaw rule ethic rocks.

  2. Nice! I have been reading up on the value of MR points to possibly take the $50K offer. And, if I value the points at a penny, the “cash back lost” to meet the extra $5K in minimum spending for the extra 25,000 MR points is only $50 in terms of diverting spending away from my Capital One Spark (2% cash back)…but still a “net” of $200 or 20,000 points. I currently have no MR-earning card….just the Plum Card. I have a strong straight cash back bias in card usage. I like money :-). The Spark gets all my non-bonus business spending. 2% cash back. Ink gets 5% stuff. Plain and simple. No need for max redemption strategies or murky final values. I cut myself a check every few months and put it in my checking account.

    And that leads to a question. I see other mileage bloggers giving various values for MR points. I think it was The Points Guy who suggested a value of 1.6 cents per point in terms of average redemption value….as long as you transfer to good air mile programs. Do you agree with that calculation? What’s your experience with bang for the buck on MR points?

  3. Hi Daraius:
    How long do you think before an offer like the $5K spending limit comes back? I recall the 75K mile offer before last week’s offer had a $10K spending requirement and was about 2 months ago… Being near the summer, do banks tend to bring these offers up more often?

  4. I don’t understand AmEx and their retarded marketing department… in order to meet the minimum spend in 3 months, you have to make at least one larger purchase (say $2-3k). But if you make such a large purchase, you’ll get hit with FR. So it’s Catch 22. Who in their right mind would apply for this?

  5. @Gabe, I don’t recall ever seeing the 75k offer with $5k spending until last week; it’s always been $10k. If it’s happened before and my memory is bad, then it’s been a year or two at least.

  6. Man that is a really high hurdle 10K in 4 months. Not sure if I could pull that off :(

    Sorry I missed the 5K in 3 months offer. But I was busy with chase ink business (sigh).

  7. @Lantean,
    Not necessarily. It all depends on your spending pattern. I opened the Personal Plat and PRG in Jan and immediately charged $3400 on my Plat.. all is fine..
    but my spending pattern is different. Already charged over 40K on Hilton Surpass and 20K on my SPG..

  8. @PhatMiles – $10K within 4 months is a bit high, but some folks can easily meet it.

    @John V - Sure, the cash back lost is only $50 at 2%, but it is higher if you get the sign-up bonus on another card! The value depends on how you redeem, but you can get at least 1 cent per point for air travel via the “Pay with Points” option, and more if you transfer to certain airlines etc.

    @Gabe @WeddingSpend – The $5K spending requirement was likely a mistake and I don’t see it coming back for a long time. But the 75K offer with $10K spending should reappear more often.

    @Lantean @Duke – It really does depend on your spending pattern and history with the bank.

    @Richard - I wouldn’t worry about it. Good offers come and go, so there should be a next time.

  9. any whiff that there’ll be an AMEX 100k bonus out there anytime soon, even with a high spend requirement?

  10. Thanks for the reply Daraius. But just wondering still about my last question in my first post. Do you think 1.6 cents (as TPG suggests) per point is an accurate value to place on MR points?

  11. @John V: trying to put a value on points as flexible as MR is extremely subjective. These 85,000 points after spending are worth at least $850, or they could buy $10,000 worth of last minute AA short haul flights by transferring to BA Avios. All in all, 1.6 cents seems a reasonable average or guess for the way most of us are likely to use them, but your needs/wants are going to determine the value of what you get for them.

  12. Thanks Dariaus. I got approved for the 75K with $5000 spend offer (expired) using your link. Can I meet some of the spending requirement (2500 out of $5000) by buying american express gift cards? Will that be considered qualified spending for the bonus? Also do you know if buying amex gift cards with amex credit card earns Membership Rewards points?

  13. @Phil – I don’t expect one soon, but there are always targeted offers and offers which they don’t intend to go public.

    @John V @KennyB – I’m hesitant to put a number to them because everyone will use them differently. But each point is worth at least 1 cent.

    @Paul – Congrats! You can do that, but I’d buy the gift cards in a grocery store or in a gas station etc. and not directly from AMEX. I also would start with a lower amount.

  14. How many cards should I apply for in a day? Like would Chase Ink and Sapphire then Citi AA be ok in all one day?

  15. So lame, you spoonfeed manufactured spend one day, then act like an additional 5K spend to meet a sign up bonus is a big deal to steer people to your affiliate links. Grandmother rule my arse. You have been bought.

  16. What is the Amex mailing address for reconsideration? I have been pleading for the 100k Amex Platinum bonus I was denied for having as I held a Gold card in the last month. I am fighting beacuse I had multiple calls with Amex to confirm the 100k would be paid after my billing statement. Also there is a women known as Michelle B at Amex in New York City who provides final approval on this cases, her address would be best!!! Anyone have either mailing address??

  17. I have been pleading for the 100k Amex Platinum bonus I was denied for having as I held a Gold card in the last month. I am fighting beacuse I had multiple calls with Amex to confirm the 100k would be paid after my billing statement. Also there is a women known as Michelle B at Amex in New York City who provides final approval on this cases, her address would be best!!! Anyone have either mailing address??

  18. @Dmd - It depends on what you are comfortable with. If you’re new to miles and points credit cards, see this post.

    @HikerT
    – And here I thought it was lame to repeatedly post bitter comments on the different blogs and message boards. :) I usually write the same thing whenever the AMEX 75K offer with $10K spending is around – including once when I had a referral link for it. Not everyone is comfortable with mfg. spending, and I suspect grandmothers would be even less comfortable with it.

    @Jeff
    – See this post from Michael W on how he got it honored.

  19. @Daraius

    If you already have their Business Platinum card for less than a year but over 6 months can you apply for this card?

    Thank you! You have a very solid blog!

    Regards,

    Marcos M.

  20. Got the card in the mail, used your affiliate link!, how do I verify this is the 75,000 card before I meet the minimum spending?

  21. @Marcos M – The terms are clear that you should not have had the Business Platinum card for at least 12 months before applying for the Business Gold card.

    @KT - This isn’t my affiliate link, but it can still be a good deal if you can complete the minimum spending. You can verify the bonus when you call to activate the card.

  22. Pingback: The Travel Points Game! Amex Busines Gold 75,000 Point Bonus, $2k Spend | Budget Globetrotting

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