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AmEx Offers: Spend $5,000+ or more, get $50 back, up to 3 times
Log in to your account or the mobile app, go to Offers, and look for this one. Bonus Statement Credit Offer: Spend $5,000+ or more, get $50 back, up to 3 times.
Get a $50 statement credit by using your enrolled eligible Card to spend a minimum of $5,000 in one or more qualifying purchases. Once you add the offer to your eligible Card, you will have 90 days to spend $5,000+ or more, up to 3 times during the offer period. See terms.
https://www.americanexp
Get a $50 statement credit by using your enrolled eligible Card to spend a minimum of $5,000 in one or more qualifying purchases. Once you add the offer to your eligible Card, you will have 90 days to spend $5,000+ or more, up to 3 times during the offer period. See terms.
https://www.americanexp
Created 05-03-2025
at 03:42 AM
by nadanunca
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Spend $50 or more, earn 500 Membership Rewards® points, up to 1,500 points
Earn 500 additional Membership Rewards® points after using your enrolled eligible Card to spend a minimum of $50 in one or more purchases online at Amazon.com by 6/25/2025. Limit of 1,500 total Membership Rewards points.
Still a weak offer.
Spend $50 or more, earn 500 Membership Rewards® points, up to 1,500 points
Earn 500 additional Membership Rewards® points after using your enrolled eligible Card to spend a minimum of $50 in one or more purchases online at Amazon.com by 6/25/2025. Limit of 1,500 total Membership Rewards points.
- I use my Blue Cash Preferred mostly at groceries where I get 6%cb (Max $6k spend/year)
- If I front-load my grocery spending by buying Kroger gift cards, I can get the $50 plus my 6%.
Still not going to do it though because:
- I've used $1200 of my $6k spend, so the last $200 wouldn't get the 6%, it would get 1%.
- The cost of capital of not earning interest for an average of four months on the Kroger Giftcard money is about the same as the 1% anyway.
Might be worthwhile if you get big travel cashback from one of their travel cards, and are going on a vacation.
Still a weak offer.
It's May - you've probably used more than $1k in spend already, and if you didn't, you certainly won't "naturally" spend $5k of groceries in 3 months.
I've used $1.2k of my $6k spend, and that was even taking 3 months off when Chase Freedom was paying 5% on groceries.
Still a weak offer.
That's only Amazon, this one is on everything.
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- I use my Blue Cash Preferred mostly at groceries where I get 6%cb (Max $6k spend/year)
- If I front-load my grocery spending by buying Kroger gift cards, I can get the $50 plus my 6%.
Or you could just open a new card and get more like 75,000--100,000 points for the same 5k spend this garbage offer only gets you 5000 points for.
Not really comparable.
New card deals are always better than existing card deals. This one could probably be stacked with a new AMEX (Maybe the 175k platinum deal).
Also, nobody does all their spending on new credit cards - no reason you can't do both existing and new deals
The real AMEX deals is $250 credit back for $500-2000 spend. This happen last January
New card deals are always better than existing card deals.
The recent $20 off $60 at Walmart for example is effectively a 33% (plus points on spend) return on spend- which beats a lot of SUBs.
I don't do -all- my spend on new cards, but if I'm dropping 5k in a short period you can sure it'd be on a new card SUB.
Or heck if you wanna go for sucky offers with Amex you'd be better off spending 15k on one of the amex hilton cards that give you an uncapped free night- that'd be more valuable than the bonus points you got spending 15k to do this offer 3x.
- I use my Blue Cash Preferred mostly at groceries where I get 6%cb (Max $6k spend/year)
- If I front-load my grocery spending by buying Kroger gift cards, I can get the $50 plus my 6%.
Still not going to do it though because:
- I've used $1200 of my $6k spend, so the last $200 wouldn't get the 6%, it would get 1%.
- The cost of capital of not earning interest for an average of four months on the Kroger Giftcard money is about the same as the 1% anyway.
Might be worthwhile if you get big travel cashback from one of their travel cards, and are going on a vacation.
If I came out with a credit card that offered 90% cash back on the first $10,000 with an $8,500 annual fee, no one in their right mind would say you are getting 90% cash back.
If I came out with a credit card that offered 90% cash back on the first $10,000 with an $8,500 annual fee, no one in their right mind would say you are getting 90% cash back.
I would challenge you to look at the annual fee differently. You are falling for the sunk cost fallacy: https://en.m.wikipedia.
The annual fee of a card should be considered when you initially get the card, and once a year before the annual fee is due. That's when you decide if the annual fee is worth it, based on all the benefits the card has, and whether those benefits are worth it to you.
That's an individual decision - I like the extended warranty when I buy appliances (it has saved me before), and the AMEX deals. I also like the 6% cash back on groceries. Is all of that worth $95? For me, it is - I get about $50/yearish on AMEX deals for stuff I already buy.
Outside those timeframes, the annual fee is a sunk cost to be ignored for decision making purposes.
For example, last quarter, my Chase freedom gave 5% on groceries with no annual fee.
My blue cash gave 6% with an annual fee that had already been paid.
Which card to use is obvious. Using the Chase card gives less cash back. I've paid the AMEX annual fee and won't get it back.
Also, the analysis is a bit disingenuous for two reasons.
- First, you assign the full $95 to the 6% cash back. If that's the only benefit you get, your analysis is right, but if you use other benefits, consider their value as well.
- Second, if you call them once a year, they'll give you a retention promotion. I recently called and got $50, so now it's a $45 annual fee, which is pretty normal. My AMEX deals more than pay for that.
(Actually, I did use the chase card for groceries, because if I didn't, I'd exceed my $6k grocery spend this year. But the point still stands - that decision was made independent of the annual fee.)