American Express is has a new 25,000 point promotion for their AMEX Gold Card, which is one of their upscale-oriented charge cards where you must pay off the balance each month. Offer only good through 4/26/10.
* Earn 25,000 Membership Rewards bonus points when you spend $1,000 in your first 3 months of Card membership. MR points are very versatile, and can be converted to 25,000 frequent flier miles in a number of programs (or 16 Southwest credits) in various increments, or you can simply get $250 in gift cards at several stores like Home Depot, Crate & Barrel, or Macy’s. (The usual offers are for 10,000 or 15,000 bonus points.)
* Offers 3X points on airfare, 2X points on gas and groceries, and 1X points on everything else. The traditional versions only offer 1 point per $ spent, so these are an extra perk for those that spend a lot on airfare.
* No annual fee for your first year. Another important feature, you can get the sign-up bonus and also try out this card for free for a year. If you keep the card after that, there is a $175 annual fee.
* Earn 15,000 Membership Rewards bonus points when you spend $30,000 per calendar year. This means that if you spend $30,000 in a year ($2,500 per month) that you’ll get at least 25,000 for sign-up + 30,000 on spending + 15,000 bonus = 70,000 points total, plus any extra for gas/groceries/airfare.
For those that charge a lot, that’s enough for 70,000 frequent flier miles (possibly two flights to Hawaii) or $700 in gift cards. If you don’t, there’s still that $250 upfront bonus.
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