Yesterday was sure to be a pleasant day when it comes to credit card applications as I will be 190,000 richer Membership Rewards (after spending a lot).
Why I applied for the Amex Business Platinum
To briefly summarize my previous post: Yesterday I applied for the Amex Business Platinum:
- I wasn’t planning on applying for cards as I am trying to go below Chase’s 5/24 limit and I am in the process of getting a mortgage as well
- When I logged into my Amex online account, there was a pre-approved Amex Business Platinum offer that gave me 100,000 Membership Rewards points after completing the minimum spend
- I couldn’t say no to this offer as otherwise I wouldn’t have been eligible for this card (as I had it before and Amex usually has a one-time rule, although this doesn’t apply if you’re ‘(pre-qualified), and also because Amex – Business cards do not count towards Chase’s 5/24 limit
An Amex Business Gold offer that I couldn’t refuse
Yesterday afternoon I logged into my Amex account again and received a popup with another offer in this direction – this time for Amex Business Gold. With this offer, I was able to earn 90,000 Membership Rewards bonus points after spending $ 10,000 in the first three months.
Similar to the Amex Business Platinum, I previously had the Amex Business Gold, so I would normally not be entitled to the bonus. However, these pre-approved offers are not subject to this restriction as I have confirmed in the offer terms and conditions.
I thought I couldn’t really get approved, but sure, I got approved right away. I didn’t plan to pick up cards in one day, let alone two business cards, but sometimes good opportunities arise.
Suffice it to say that I’m pinching myself. I estimate Amex Membership Rewards points to be 1.7 cents each, so the 190,000 points are worth more than $ 3,200 to me. Granted, I have to spend $ 25,000 now, and I’m also seeing nearly $ 900 annual fees, but I should be able to get both of them up and running. It’s especially great that I picked up these two cards without actually having any other cards for the 5/24 limit.
While I wasn’t planning on applying for cards, I applied for two American Express business cards yesterday as I received targeted offers when I logged into my Amex account. Between the two offers, I earn 190,000 bonus points for Amex Membership Rewards, even though I had both cards in the past.
I was so excited when I saw the first offer, but getting a second offer on the same day as this one is … pretty great.