Now More Time for New American Express Cardholders to Earn a Sign-up Bonus
The coronavirus pandemic has affected everyone. Many people were to remain without earnings. To support people, many banks have developed relief programs and offer customers, for example, defer payments, temporarily reduce interest, increase credit limits, etc.
American Express don’t stand aside either. But in addition to the Financial Hardship Program, the issuer also decided to extend timeframes of earning the welcome bonus offered to new owners of Amex credit cards. This step with the extension is definitely rather logical, since most stores are now closed, and people have to stay at home for self-isolation.
By default, in order to earn a bonus, Amex customers need to spend a certain amount, depending on the card, within 3 months from the date of activation of the card.
According the bank’s official website, the period to make eligible purchases to earn the presupposed sign-up bonus will now be extended for additional 3 months for eligible card accounts approved from December 1, 2019 through May 31, 2020. Eligible cards include both consumer and business credit cards.
Thus, this applies not only to new applicants but also to those who have recently opened one of American Express cards. Now there are whole 6 months for fulfilling the spending requirements, which stay the same but vary by card. A bonus type and its amount also differ.
For example, if you hold the Blue Cash Preferred® Card, you are to spend $1,000 in purchases to receive the $300 back in the form of a statement credit. The American Express® Gold Card requires you to spend $4,000 in purchases to earn 50,000 Membership Rewards® Points. And to get up to 40,000 Bonus Miles with the Delta SkyMiles® Gold Business Card, your spendings on purchases should reach $2,000.
Latest Credit Card Rewards News
M1 Finance has made its popular Owner’s Rewards Card even more enticing with seven new brands to earn accelerated cash back on purchases. The M1 Owner’s Rewards Visa® Signature Card is one of the more tempting fintech and investment rewards credit cards on the market today. Launched in the summer of 2021, the card offers […]
Rotating category credit cards are cash back credit cards that offer their highest cash back percentage in shopping categories that rotate on a regular basis, often quarterly. The major credit card issuers have already opened registration for Q1 2022 rotating bonus categories on their popular cash back credit cards. The first quarter is active from […]
The good news for American Airlines’ frequent flyers and Citi ThankYou Points fans: Citibank has added American Airlines as a new transfer partner for its ThankYou Rewards program. Transferred ThankYou Points can be used to secure flights, flight upgrades, vacation packages, hotel stays, car rentals and more through the American Airlines AAdvantage program. Although this […]
The SoFi Credit Card was introduced in October 2020, and now it is open to anyone interested in applying. SoFi has used the time since the limited release to improve and refine their credit card based on feedback they received from first members. The SoFi Credit Card became available to the general public on March […]
American Express has rolled out a heap of new perks for the following group of its co-branded travel credit cards: Delta SkyMiles, Hilton Honors, and Marriott Bonvoy cards. The deals are available to owners of the participating Amex cards issued before Jan. 1, 2021. Depending on the card, eligible holders can receive from $5 to […]