Business Card Signup Offers Have Just Gone Crazy

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In the past couple of weeks there’s been huge small business credit card offers. Most though not all have come from American Express. We’re approaching the end of the year and it looks like it’s time for banks to really build on their new cardmember acquisition numbers. And we benefit with more generous signup bonuses across the board.

50,000 Point Bonus for Business Gold Rewards

Meanwhile they’ve bumped the signup bonus on the Business Gold Rewards Card from American Express OPEN 50,000 Membership Rewards points after $5,000 spend on purchases with the card within your first 3 months of cardmembership.

This card has a $0 annual fee the first year, then $175. And you get to choose your triple points earning category for this card from:

  • Airfare purchased directly from airlines
  • US purchases for advertising
  • Shipping
  • US gas stations
  • Purchases made directly from select computer hardware, software, and cloud computing providers

The four categories you don’t select to earn triple points earn double points instead, and you earn these increased points in the five categories on the first $100,000 in each category.

As If That Wasn’t Enough, They Want Your Delta Business Too

Through November 9 the Platinum Delta SkyMiles® Business Credit Card From American Express is offering 70,000 bonus miles and 10,000 elite qualifying miles after $5,000 spend on purchases in your first 3 months of cardmembership. The card comes with a $100 statement credit after you make a Delta purchase on the new card within your first 3 months. (Offer expired)

Benefits of the card include first checked bag free and up to $50 on a round trip Delta flight, plus Priority Boarding.

I don’t think I’ve seen one card issuer get so aggressive with acquisitions across their card portfolio at once this way before. And I’ve certainly never seen it with business card products.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of any advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.

Comments

  1. This reeks of desperation on AMEX’s part. The CSR has definitely gotten the competition shaken and spooked! Chase is in on this one just to maintain their competitive edge. Kick’em when they’re already down!

  2. Agree about AMEX, they have the look of a sinking ship. Lost Costco (huge loss IMO), lost JetBlue, going to lose SPG with the Marriott merger and the CSR is killing it.

  3. Are you eligible for the sign up bonus if you have had the Simpycash (not plus) before? Are they considered different products by AMEX?

  4. What I don’t like about tge Amex card is that you can’t get these bonus offers if you’ve ever had an Amex card. I’ve had my platinum Amex card since 1998 and that was back when sign up bonuses were not in okay. But, because I have this card, I can’t get a new card and its’ bonus. I have never churned cards and I don’t do manufactured spending mainly because I collect the miles I need via BIS. I travel so much for business that my idea of a vacation is not to get on an airplane and certainly not to spend it in a hotel. Maybe one day when I retire . . .

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