expiredregcustomer88 posted Dec 09, 2022 06:21 AM
expiredregcustomer88 posted Dec 09, 2022 06:21 AM
American Express Business Checking, earn 60k points, no monthly fees
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Deal Details
- Make eligible deposits of $5,000 or more within 20 days of opening your first account, AND
- Maintain an average account balance of $5,000 for 60 days, AND
- Make 10 or more qualifying transactions within 60 days of opening your account.
(Qualifying transactions: mobile deposits, and electronic/online transactions including ACH, Wire, and Bill Payments. Business Debit Card transactions and deposits using our Redeem for Deposits feature are not qualifying transactions.)
If you qualify to open an account, this is a pretty easy way to earn 60,000 Membership Rewards points. Possibly make ten transfers of $500 each from any other bank accounts totaling up to the $5,000 required for this promotion, let it sit for 60 days to get the 60,000 points.
Domestic ACH: No fee
Domestic Wire (Incoming): No fee
Domestic Wire (Outgoing): $20
International ACH (Incoming): No fee
MoneyPass® ATM Withdrawals: No fee
https://www.americanexp
- Maintain an average account balance of $5,000 for 60 days, AND
- Make 10 or more qualifying transactions within 60 days of opening your account.
(Qualifying transactions: mobile deposits, and electronic/online transactions including ACH, Wire, and Bill Payments. Business Debit Card transactions and deposits using our Redeem for Deposits feature are not qualifying transactions.)
If you qualify to open an account, this is a pretty easy way to earn 60,000 Membership Rewards points. Possibly make ten transfers of $500 each from any other bank accounts totaling up to the $5,000 required for this promotion, let it sit for 60 days to get the 60,000 points.
Domestic ACH: No fee
Domestic Wire (Incoming): No fee
Domestic Wire (Outgoing): $20
International ACH (Incoming): No fee
MoneyPass® ATM Withdrawals: No fee
https://www.americanexp
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
- Make eligible deposits of $5,000 or more within 20 days of opening your first account, AND
- Maintain an average account balance of $5,000 for 60 days, AND
- Make 10 or more qualifying transactions within 60 days of opening your account.
(Qualifying transactions: mobile deposits, and electronic/online transactions including ACH, Wire, and Bill Payments. Business Debit Card transactions and deposits using our Redeem for Deposits feature are not qualifying transactions.)
If you qualify to open an account, this is a pretty easy way to earn 60,000 Membership Rewards points. Possibly make ten transfers of $500 each from any other bank accounts totaling up to the $5,000 required for this promotion, let it sit for 60 days to get the 60,000 points.
Domestic ACH: No fee
Domestic Wire (Incoming): No fee
Domestic Wire (Outgoing): $20
International ACH (Incoming): No fee
MoneyPass® ATM Withdrawals: No fee
https://www.americanexp
- Maintain an average account balance of $5,000 for 60 days, AND
- Make 10 or more qualifying transactions within 60 days of opening your account.
(Qualifying transactions: mobile deposits, and electronic/online transactions including ACH, Wire, and Bill Payments. Business Debit Card transactions and deposits using our Redeem for Deposits feature are not qualifying transactions.)
If you qualify to open an account, this is a pretty easy way to earn 60,000 Membership Rewards points. Possibly make ten transfers of $500 each from any other bank accounts totaling up to the $5,000 required for this promotion, let it sit for 60 days to get the 60,000 points.
Domestic ACH: No fee
Domestic Wire (Incoming): No fee
Domestic Wire (Outgoing): $20
International ACH (Incoming): No fee
MoneyPass® ATM Withdrawals: No fee
https://www.americanexp
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9 Comments
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You can transfer from one bank account to another and that qualifies as a qualifying transaction. Makes for an easy 60k points.
The Welcome Bonus may be taxable income to you and may be reported on IRS Form 1099. You are responsible for any federal or state taxes resulting from the offer. Please consult your tax advisor if you have questions about the tax treatment of the Welcome Bonus.
Side comment: credit card points are "earned" so there is no IRS element. Points related to a checking account are a "gift" and therefore taxed by taxman. As a result, all checking points deals are luke warm - only get the account if it's the best account for your needs.
Sign up for a Slickdeals account to remove this ad.
The Welcome Bonus may be taxable income to you and may be reported on IRS Form 1099. You are responsible for any federal or state taxes resulting from the offer. Please consult your tax advisor if you have questions about the tax treatment of the Welcome Bonus.
Side comment: credit card points are "earned" so there is no IRS element. Points related to a checking account are a "gift" and therefore taxed by taxman. As a result, all checking points deals are luke warm - only get the account if it's the best account for your needs.
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