Wednesday, February 20, 2013

American Express Gold card with 50,000 point sign-up bonus with only $1,000 spending threshold

The American Express Gold card is renowned for offering quarterly 75,000 point sign-up bonuses for 1 day.  Whereas the bonus is extremely generous, many registrants may have trouble meeting the lofty $10,000 spending threshold, which needs to be completed within the first 4 months of membership.  Via creditcards.com, Amex has just released a temporary promo offering a 50k point sign-up bonus with a spending threshold of only $1,000 within the first 3 months of membership, which should be easily doable even for the poor college student at a subsidized public school.


It's unclear as to how long the offer will be good for, but if history is any indicator, creditcards.com deals don't last long.  To sign up, go to their offer match page and enter your info.  Social security number is optional, so you can leave it blank.  The 50k Amex Gold card should be the first one that shows up.  A few of the Amex Gold card's more notable bennies:

-3X points on airfare
-2X points on gasoline at U.S. stand-alone gas stations and at U.S. stand-alone supermarkets
-1X points on all other purchases
-Extended warranty
-Return protection
-Amex's legendary purchase protection
-Annual fee waived for the first year, then $175

Overall, this is a good card to have in your wallet because gasoline and food are a part of everyone's daily routine, so the 2X points can add up pretty quickly.  Amex Membership Rewards points also got a boost when ANA announced the end of fuel surcharges for award bookings on United Airlines.  As Membership Rewards can be transferred to ANA miles at a 1:1 ratio, 50k points can get you close to a free flight to Japan.  ANA's redemption chart for premium class travel is also really generous, so it might be something worth saving up for with your Membership Rewards account:

ANA's award redemption chart for partner airlines (aka United Airlines and US Airways)

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