Original Post
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Edited September 14, 2023
at 06:45 AM
by
Earn $250 after you open an American Express Rewards Checking account by October 31 and receive a qualifying direct deposit of $500 or more by December 10
Earn a competitive 1.00% APY 2 – 10X higher than the national rate
No fee to open, no monthly fees, and no minimum balance required
Earn Membership Rewards points on eligible Debit Card purchases.
Note - Only applications from Card Members with a U.S. Basic Consumer Card issued by American Express National Bank with 3+ months tenure will be accepted.
https://www.americanexpress.com/e...g-account/
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I'm wondering if just the deposit of $500 is enough to get the bonus, or if I could deposit the $500, then transfer it out to where I need it, and just keep the account open (with little balance) until the bonus is added
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Does NOT work for the Amazon Pay w/ Points promos. I learned the hard way when they first launched the Amex checking account lol. I closed the account month ago. This account can only use the account reimbursement points redemption (unless you also have an Amex MR credit card) from what I recall.
I wonder if I'm eligible for the bonus now if I open a new account (terms don't state anything about previously having the account). It still shows on my Amex app but as closed, which is very annoying to still see.
They almost always say this, and it's almost always BS. Haven't tried this one myself but just a guess. No harm in trying PayPal Robinhood Venmo etc.
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