Yesterday sure ended up being a pleasant day when it comes to credit card applications, as I’ll be 190,000 Membership Rewards richer (after spending a lot).
Why I applied for the Amex Business Platinum
- I wasn’t intending to apply for any cards, since I’m trying to get under Chase’s 5/24 limit, and I’m also in the process of getting a mortgage
- When I logged into my Amex online account there was a pre-approved offer for the Amex Business Platinum, offering me 100,000 Membership Rewards points upon completing minimum spending
- I couldn’t say no to this offer, given that I wouldn’t have otherwise been eligible for this card (since I had it before, and Amex typically has a once in a lifetime rule, though this doesn’t apply if you’re pre-qualified), and also since Amex business cards don’t count towards Chase’s 5/24 limit
An Amex Business Gold offer I couldn’t refuse
Yesterday afternoon I logged back into my Amex account, and received a pop-up with another offer along these lines — this time for the Amex Business Gold. With this offer I could earn 90,000 bonus Membership Rewards points after spending $10,000 within the first three months.
Much like the Amex Business Platinum, I had the Amex Business Gold before, so ordinarily wouldn’t be eligible for the bonus. However, these pre-approved offers don’t have that restriction, as I confirmed in the offer terms.
I figured I might not actually get approved, but sure enough, I was instantly approved. I wasn’t intending to pick up any cards, let alone two business cards in one day, but sometimes good opportunities arise.
Suffice to say that I’m pinching myself. I value Amex Membership Rewards points at 1.7 cents each, so to me the 190,000 points are worth $3,200+. Admittedly I have $25,000 of spending to do now, and I’m also looking at nearly $900 in annual fees, but I should be able to make both of those work. It’s especially awesome I picked up these two cards without actually having any further cards towards the 5/24 limit.
While I wasn’t intending to apply for any cards, yesterday I applied for two American Express business cards, as I received targeted offers when logging into my Amex account. Between the two offers I’ll earn 190K bonus Amex Membership Rewards points, even though I had both of these cards in the past.
I was so excited when I saw the first offer, but to get a second offer the same day like this is… pretty awesome.