Free $150 from American Express
#1
Lexus Fanatic
Thread Starter
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Not in cash though. AmEx is offering a $100 statement credit for the first $100 spent on their Business Gold Rewards card, plus an additional 5,000 points (good for $50 worth of stuff like a $50 Home Depot gift card) with the first purchase.
In other words, apply for this card and buy something that costs $100, wait for 8-12 weeks to get the $100 statement credit AND 5,000 points, and then buy something else of $100 for free (because of the $100 credit). After that, redeem the points for a $50 gift card and close the account--you'll want to close the account fast because they'll start charging you a $125 annual fee starting from the second year.
This is a charge card, not a credit card, by the way. Enjoy the free money while it lasts.![Big Grin](https://www.clublexus.com/forums/images/smilies/biggrin.gif)
http://www66.americanexpress.com/sbs...b&ct=24&iep=35
In other words, apply for this card and buy something that costs $100, wait for 8-12 weeks to get the $100 statement credit AND 5,000 points, and then buy something else of $100 for free (because of the $100 credit). After that, redeem the points for a $50 gift card and close the account--you'll want to close the account fast because they'll start charging you a $125 annual fee starting from the second year.
This is a charge card, not a credit card, by the way. Enjoy the free money while it lasts.
![Big Grin](https://www.clublexus.com/forums/images/smilies/biggrin.gif)
http://www66.americanexpress.com/sbs...b&ct=24&iep=35
Last edited by XeroK00L; 12-07-05 at 01:11 PM.
#2
Lexus Fanatic
Thread Starter
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Made a purchase of $105 at Costco on 12/26 and the $100 statement credit showed up on 12/28!!
That leaves only $5 for me to pay out of pocket for this period.
Thanks, AMEX!!
Now may I also have those 5,000 "welcome" bonus given upon my first purchase, so that I can redeem them and have my card cancelled already?
![EEK!](https://www.clublexus.com/forums/images/smilies/eek1.gif)
![Woohoo](https://www.clublexus.com/forums/images/smilies/woohoo.gif)
![Big Grin](https://www.clublexus.com/forums/images/smilies/biggrin.gif)
![Stick Out Tongue](https://www.clublexus.com/forums/images/smilies/tongue.gif)
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