Amex Extends Intro Bonus Spending Period By Three Months
The period to make eligible purchases to earn an Amex intro bonus will be extended for an additional 3 months, for a total of 6 months
If you have recently applied for an Amex credit card and are afraid you might not be able to meet the spending requirement in the first three months of opening the account, take comfort in knowing you’re not alone. U.S. consumer spending is taking a serious hit as the COVID-19 situation continues to evolve and 87% of small business owners are struggling due to the coronavirus, according to a survey conducted by WalletHub. American Express just announced, as a part of their commitment to providing flexibility to customers, that Amex credit cards intro bonus periods will be extended for an additional 3 months, for a total of 6 months for accounts approved from December 1, 2019 through May 31, 2020 (if you are eligible for a welcome offer).
This spending period extension to qualify for receiving Amex intro bonus also gives an opportunity to those of our readers who were thinking of opening an Amex account but were not sure if they will be able to meet the spending requirement in three months. Now, if you apply and get approved for a new Amex credit card this month (April), for example, you will have half a year, until September, to hit minimum spend.
Amex Cards Eligible for Extended Intro Bonus Spending Period
All U.S. consumer and business cards issued by American Express from December 1, 2019 through May 31, 2020 are eligible for the three months extension.
Advantages of a 6-month Spending Period
One particular advantage of the extra three months for welcome bonus spend is that cards with high spending requirements for large sign up bonuses become more accessible. One extreme example of this is
The Business Platinum® Card from American Express which requires $15,000 worth of spending in three months for a 75K MR point bonus. Well you now have 6-months to complete that spending which would be $7500 for two periods of three months or $2500 per month.
In addition the personal version of the card, The Platinum Card® from American Express, offers 60k membership rewards points for $5000 in spending in the first three months. With the new 6 month period, this is now down to just $833 per month.
Current Amex Intro Bonus Offers
Here are some more cards, both personal and business that you may be interested in, for their generous bonus offers.
Earn a $150 statement credit after you spend $1,000 in purchases on your new card within the first 3 months. The card also enables you to earn 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) and 2% cash back at U.S. gas stations and at select U.S. department stores. You will earn 1% back on all other purchases. No annual fee.
Earn $250 statement credit after you spend $1,000 in purchases on your new card within the first 3 months. The card also enables you to earn 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%) and on select U.S. streaming subscriptions, 3% cash back on transit including taxis/rideshare, parking, tolls, trains, buses and at U.S. gas stations. You will earn 1% Cash Back on other purchases.
The card comes with $95 annual fee.
Earn 10,000 bonus miles after you spend $500 in purchases on your new card in your first 3 months. You will earn 2X Miles per $1 at restaurants worldwide and on Delta purchases. You will earn 1X Mile on all other eligible purchases. No annual fee.
Earn 35,000 bonus miles after you spend $1,000 in purchases on your new Card in your first 3 months. You will earn 2X Miles on Delta purchases, at restaurants worldwide and at U.S. supermarkets as well as 1X Mile on all other eligible purchases. $0 introductory annual fee for the first year, then $99.
Earn 45,000 bonus miles and 5,000 Medallion Qualification Miles (MQMs) after you spend $3,000 in purchases on your new card in the first 3 months. Plus, earn a $100 Statement Credit after your first Delta purchase on your new Card in the first 3 months. In addition to this welcome bonus, you will earn 3 Miles on every $1 spent on eligible purchases made directly with Delta and on every eligible $1 spent on purchases made directly with hotels as well as 1 Mile on every $1 spent on other purchases. Annual fee is $250.
Earn 75,000 Hilton Honors Bonus Points with the Hilton Honors American Express card after you use your new Card to make $1,000 in eligible purchases within the first 3 months of card membership. You will also earn 7X points for each $1 of eligible purchases charged directly with a hotel or resort within the Hilton Honors portfolio of brands and 5X points per $1 spent at U.S. restaurants, U.S. supermarkets, and U.S. gas stations. All other purchases on your card will earn you 3X points. No annual fee.
Earn 125,000 Hilton Honors Bonus Points with the Hilton Honors American Express Surpass card after you use your new card to make $2,000 in eligible purchases within the first 3 months. You will earn a Weekend Night Reward from Hilton Honors after you spend $15,000 on purchases on your card in a calendar year and you will earn 12X points for each $1 charged on your card directly with a hotel or resort within the Hilton Portfolio.
You will also earn 6X points for each $1 spent at U.S. restaurants, U.S. supermarkets, and U.S. gas stations and 3X points for all other eligible purchases on your card. Annual fee is $95.
In addition to the Amex extended intro bonus spending period by three months, check out what else credit card issuers offer their cardholders to provide a relief amidst the coronavirus.
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