March 7th, 2013
Update: The 75K offer link below will expire tomorrow, 03/08, at 1:59pm EST!
-ANA Not Charging Fuel Surcharges For Award Travel On United Or USAirways!
-Singapore Airlines Also Not Charging Fuel Surcharges For Award Travel On United Or USAirways!
-4BM Success! (2 consumer card and 2 business card approvals with just 1 hard pull!) .
-Want To Boost Your Credit Score? Spend On Business Cards Instead Of Consumer Cards.
-Which Miles To Use To Fly To Israel?
-Flying Round-Trip To Israel On Air Berlin For 47K American Express Membership Rewards
-Credit Score FAQs: Opening And Closing Cards
-Credit Card Reconsideration: Don’t Give Up!
[Link removed, offer is now dead!]
75,000 bonus Membership Rewards points for spending $10,000 in 4 months.
Having consumer charge cards (Green, Gold, Platinum, etc) , consumer credit cards, or business credit cards will not stop you from earning this signup bonus.
If you have had a business charge card (Green, Gold, or Platinum) in the past 12 months the terms state that you will not receive the bonus. YMMV.
-LIMITED TIME OFFER: Earn 75,000 Membership Rewards® points after you spend $10,000 in the first 4 months of Card membership.
-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
-Points are earned only on eligible purchases. Bonus points limitations apply.
-Earn points even faster to get more rewards for your business
-24/7 support for everything from identity theft to travel emergencies
-$0 introductory annual fee for the first year, then $175
-Introductory annual fee for Additional Gold Cards in the first year is $0; then, $50 for the first Additional Gold Card and no fee for other Additional Cards
-Terms & Restrictions Apply.
Spending $10,000 in 4 months:
Spending $10K isn’t what it used to be.
I have spent that much at CVS in one night
With options like Vanilla Reloads, Vanilla MVD cards that can be easily combined, and prepaid gift cards sold at a discount there are lots of ways to help you meet thresholds.
And of course there’s trusty old Amazon Payments made even easier with free additional user cards.
No need to rehash everything, Here are articles I’ve written on this stuff:
-Is Bluebird The Next Dollar Coin Churn?
-Another Flavor Of Vanilla: My Vanilla Debit Card
-Meeting A Spend Threshold In One Night.
-Need To Meet A Spending Threshold Deadline? Send And Receive $1,000/Month With No Fees Using Amazon Payments!
If you spend $1,000 at Fedex for example you’ll get a 5% automatic cash rebate and 2,000 points (double points for shipping as stated above). $1,000 at HP gets a 10% automatic cash rebate and 1,000 points plus their awesome extended warranty coverage as long as you have any open American Express card at the time of the claim.
What can you do with the points:
-You can wait for another Avios bonus. These come by every few months and usually range from 30%-50%.
This month there is a 50% bonus for transfers from American Express Canada to British Airways so hopefully that will come down to us soon!
With a bonus you can get to Israel for as little as 20K points each way instead of the normal 30K points each way.
-Once you’re done with $10K in spending you’ll have at least 85K American Express Membership Rewards points.
-A flight from NYC to short-haul destinations (like Cleveland, Detroit, Montreal, Toronto, and many others) on American booked via Avios is just 4,500 each way with no fuel surcharges. With 85K points you’d have enough for about 19 short-haul flights. Or wait for the return of a transfer bonus and you’ll have enough for as many as 28 short-haul flights!
-A flight from NYC to medium-haul destinations (like Miami) on American booked via Avios is just 7,500 each way with no fuel surcharges. With 85K points you’d have enough for more than 11 medium-haul flights. Or wait for the return of a transfer bonus and you’ll have enough for as many as 17 medium-haul flights!
-A flight from NYC to resort destinations like Cancun or Puerto Rico on American booked via Avios is just 10,000 each way with no fuel surcharges. With 85K points you’d have enough for more than 8 of those flights. Or wait for the return of a transfer bonus and you’ll have enough for as many as 12 of those flights!
-A flight from NYC to stunning Costa Rica on American booked via Avios is just 12,500 each way with no fuel surcharges. Of you can fly from the West Coast to any Hawaiian Island for that rate. Or you can even fly from Boston to Ireland for the same rate with no fuel surcharges on Aer Lingus (you’ll have to call to book trips on airlines like Aer Lingus or Alaska). With 85K points you’d have enough for about 7 of those flights. Or wait for the return of a transfer bonus and you’ll have enough for as many as 10 of those flights!
-The only way to fly in Singapore’s First Class Suites, or in their great business or first class products, is with Singapore miles. Book on their website to save 15% of the miles needed. I flew to Europe last month in a couples suite with my wife for about 58K miles each.
-Air France/KLM Flying Blue charges only 25K miles round-trip to Israel during a Promo award or just 50K miles round-trip to Israel on Delta with no fuel surcharges. Plus there are occasionally bonuses to Flying Blue as well, dropping those rates even lower.
-The only way to fly in El Al First Class, which includes the best glatt kosher food in the sky, is with El Al points.
-Air Canada can book you on other Star Alliance carriers, like United and USAirways and many more, with no fue surcharges. Bonus: They also allow for 2 free stopovers, so you can checkout 3 different cities on 1 ticket.
What do you do with your points? Post a comment!
Getting a business card:
Getting a business card is quite simple. You don’t need to be a traditional “business owner” as you might think of one.
For example if Joe Smith sells items on Ebay or on Amazon, or has any other side business/hobby and wants a credit card to better keep track of business expenditures he can just open a business credit card for “Joe Smith Sole Proprietorship” as the business name. You don’t need to file any messy government paperwork to be allowed to do that.
Just be sure to select “Sole Proprietorship” as the business type and just use your social security number in the Tax Identification Number field as well as in the social security number field.
I’ve had business cards since I turned 18 as a Sole Proprietor and never had a problem getting approved with reconsideration if needed. You can reach reconsideration at 866-314-0237.
This is a charge card without a defined credit line, so even when you’re ready to close the account you won’t lose that line of credit.
Plus it’s not subject the limit of 4 American Express credit cards per person, as charge cards are not limited in the way credit cards with a credit line are limited.
If you make zero income:
Then why are you applying for credit cards? American Express has the right to ask to see you tax returns at any time. While people have reported passing the financial review as long as they make something (DDF’ers have reported as little as $5K/year) it’s not a good idea to apply for this card (or any American Express card for that matter) if you don’t have income on the books.
Membership Rewards points transfer to:
Transfers are at 1K:1K ratios or are otherwise listed.
-Air Canada (Star Alliance)
-ANA (Star Alliance)
-Asia Miles, Cathay Pacific (OneWorld)
-Avios, British Airways and Iberia (OneWorld)
-El Al (1,000 MR:20 El Al ratio)
-Flying Blue, Air France/KLM (Skyteam)
-Jetblue (250 MR:200 Jetblue ratio)
-Singapore (Star Alliance)
-Virgin America (200 MR:100 Virgin ratio)
-Hilton: (1,000 MR:1,500 Hilton ratio)
-Starwood: (1,000 MR:333 Starwood ratio)
You can apply for both consumer and business American Express cards on the same day with just 1 credit pull. Other cards from American Express include:
-Starwood Preferred Guest® Credit Card from American Express
-TrueEarnings® Card from Costco and American Express
-American Express® Premier Rewards Gold Card
-The Platinum Card® from American Express
-Gold Delta SkyMiles® Credit Card from American Express
-American Express® Gold Card
-Blue Cash Preferred Card® from American Express
-Blue Cash Everyday Card® from American Express
-Blue Sky from American Express®
-Starwood Preferred Guest® Business Credit Card from American Express OPEN
-Gold Delta SkyMiles® Business Credit Card from American Express OPEN
-SimplyCash® Business Card from American Express OPEN
-The Business Platinum Card® from American Express OPEN