Welcome bonus: Officially, American Express pays welcome bonuses “8-12 weeks” after meeting the minimum spend. But in most cases, we see the bank pay out welcome bonuses on both its Membership Rewards cards and cobranded cards within a few days of minimum spend being met. So you shouldn't have to wait long.
Amex usually includes the following wording on the landing page of an application: Welcome offer not available to applicants who have or have had this Card. ... If your card application does not include this restrictive language but you have had the card in the past, you may be targeted for the card by American Express.
Check the CardMatch tool to see if you're targeted for 75,000 Membership Rewards points via the Amex Gold CardMatch offer. These offers are subject to change at any time.
Amex Gold 75,000-point offer
New cardmembers can earn 75,000 points after spending $4,000 on eligible purchases in the first six months of account opening. What's more, if you're targeted for this offer, you'll have the option of the traditional Gold option or the swanky Rose Gold version.
American Express restricts each card's welcome bonus so that it can only be earned by one per person, per lifetime. In other words, if you apply for and earn the welcome bonus on the American Express® Gold Card, that's it. You can't earn that bonus again.
About the offer
With this enhanced referral offer, you can earn an additional 4x Membership Rewards points or an extra 4% cash back for every dollar you spend — on up to $25k in eligible purchases — for three months after someone is approved for an American Express credit card using your referral link.
In addition to the enhanced benefits, American Express is offering new Platinum cardholders a very generous welcome bonus: You can earn 100,000 Membership Rewards® Points when you spend $6,000 on purchases on the card in your first six months of card membership.
For each American Express card, you only have one opportunity to earn a welcome bonus. Or, as it's better known, Amex applies a “once per lifetime” rule.
Based on the valuations of frequent flyer website The Points Guy, American Express Membership Rewards points are worth about 2 cents apiece, which makes these 60,000 points equal to about $1,200 of travel value.
You'll earn at least 1 point per dollar spent with your card. Depending on the card, you may earn extra points for spending in specific categories, such as 3 points per dollar at restaurants or 5 points per dollar on certain travel purchases.
Absolutely not. Kipp says that this is one of the top misconceptions about the program. The only involvement from American Express is the bonus you get after closing; you aren't actually using your credit card to purchase the house, nor are you using it to pay any deposits, title costs or mortgage fees.
The reason is that this card carries a $450 annual fee – not waived for the first year! ... While the big point bonuses of 50,000 and 100,000 Membership Reward points help to offset that, the current bonus is only 25,000 Membership Reward points.
The Amex Platinum is one of the most prestigious travel credit cards you can own. ... Plus, it can make it easier to add the Amex Platinum Card to your wallet in the near future. Several of the best no annual fee travel credit cards are offered by American Express.
While some issuers only allow referrals on certain cards, most issuers will let anyone with a given credit card hand out referral links. Most often, the issuer will simply provide a link for you to copy and paste. Others may want you to provide the referee's email address so they can send the referral link themselves.
Can you refer yourself for an Amex card? Technically, it's possible to use your personalized referral link to choose a card you don't have by using the “View all Cards with a Referral Offer” option on your own, but it's wise to avoid using this strategy.
American Express welcome bonuses
The offer: Earn $200 cash back after you spend $1,000 in eligible purchases on your new card within your first three months from account opening. What it's worth: The Blue Cash Everyday Card's welcome bonus is awarded as a $200 statement credit to your account.
Many card issuers have criteria for who can qualify for new accounts, but Chase is perhaps the most strict. Chase's 5/24 rule means that you can't be approved for most Chase cards if you've opened five or more personal credit cards (from any card issuer) within the past 24 months.
If you're an existing cardholder and you apply for a new card, Amex will not perform a hard pull on your credit if you get denied. They use the information they have on file for you to conditionally approve you, then perform a hard pull to double-check that there have been no major changes to your credit report.
The Platinum Card® from American Express card is annual fee waived for military. ... The American Express Pop Up is a tool introduced by Amex to check your eligibility for welcome offers before the bank checks your credit report. This is good for you because it prevents an unnecessary hard or soft credit check.
You can use British Airways Avios points for all sorts of great redemptions. And it's simple and easy to transfer them from your Amex Membership Rewards account! Once you link your Amex Membership Rewards and British Airways accounts, you can transfer points in 1,000-point increments.
Example. If the home price is $500,000, a 20% down payment is equal to $100,000, resulting in a total mortgage amount of $400,000 ($500,000 - $100,000). The average down payment in the US is about 6% of the home value.
If you are purchasing a $300,000 home, you'd pay 3.5% of $300,000 or $10,500 as a down payment when you close on your loan. Your loan amount would then be for the remaining cost of the home, which is $289,500. Keep in mind this does not include closing costs and any additional fees included in the process.