The Offer
- American Express is offering a bonus of up to $500. Bonus is broken down as follows:
- $300 after you spend $5,000 within the first three months
- $200 after you enroll in Vendor Pay and make a qualifying transaction with your Card, and (iii) add at least one Employee Card and make an eligible purchase on that Card
Card Details
- Card earns 2% cash back on all purchases for the first $50,000 in spend every year, then 1% cash back on all purchases
- No annual fee
- 0% introductory APR on purchases and balance transfers for 12 months
Our Verdict
Previously we’ve seen a $500 bonus but that required spend of $15,000+. Looks like there is no fee for the Vendor Pay (The Basic plan has no monthly fee for the first user and no fee for a second user for six months from when the first user signs up. After six months, the second user will have a free of $15 per month.) making this better than the previous offer. Unfortunately it’s targeted so most people won’t be eligible otherwise we would add it to the best credit card bonus page.
Hat tip to reader Vengenceonu
View Comments (17)
Can you hold both the Blue Business Plus and Blue Business Cash at the same time?
Yes
Might be a dumb question, but can the $500 bonus be cashed out to MR?
Well dang, I just took the $500 15K offer
How you all meet the Amex's high spending requirement since giftcard purchases don't count?
With a real business
$300 for 5k spend? AMEX getting stingier by the day
On a no annual fee card, that’s not stingy at all.
Mine routed to Biz Gold. 50k + $200 after Vendor Pay.
@will It looks like there are multiple bundle offers for different people. It makes since since the web address alludes to there being multiple bundles. I assume they’ll all look like:
https://www.americanexpress.com/en-us/campaigns/small-business/bundles/(Name of business card)-vendor-pay-employee-card/index.html
@guest_1079689 can you post the link for the Biz Gold?
EDIT: I figured it out for the business gold through trial and error: https://www.americanexpress.com/en-us/campaigns/small-business/bundles/business-gold-vendor-pay-employee-card/index.html
How do you do vendor pay if applying as SP with business like ebay etc?
How do I know if I'm targeted? Do I need to login? Or was it sent as a email?
If I'm not targeted and I apply cute the direct link what will happen?
Press apply, if your tartgeted the app will come up. If not, it will error out. I got the banner explaining the offer when I logged into my American Express account.
@will you made a mistake? The terms say 5,000 in 3 months not 6 months.
yup fixed, six months was last offer
How do I know if I'm targeted?
Just apply. I did and it told me the offer was no longer available, so I'm pretty sure I'm not targeted.