Update: This offer is no longer available.
American Express has relaunched the Business Gold Rewards card and now offers 30,000 Membership Rewards points after spending $5,000 within 3 months.
In addition, you also get a statement credit for your 1st year of Amazon Prime membership which gets you unlimited 2-day free shipping on Amazon. Note that you have to complete the full minimum spending of $5,000 within 3 months to get the $79 Amazon Prime statement credit.
Amazon Prime costs $79, so it isn’t a big incentive. That said, I love how Amazon is increasing the number of folks who have an Amazon Prime subscription. Folks buy a lot more on Amazon once they experience the benefits of an Amazon Prime subscription.
The previous offer for the Business Gold Rewards card was ZERO points and there have also been 50,000 point and 75,000 point offers in the last 12 months.
The American Express Business Gold Rewards card competes with the Chase Ink Plus which both offer 60,000 points as the sign-up bonus.
As a marketer, I would expect that Business Gold Rewards card will eventually have to match (or exceed) the competitive offer from Chase.
I’d hold off on this offer and wait for a better offer on the AMEX Business Gold card to come along.
If you’re looking for a limited time card, I’d strongly consider the Chase Freedom with 20,000 Ultimate Rewards points and the Chase Sapphire Preferred with the increased sign-on bonus!