The Business Gold Rewards Card® from American Express OPEN is one of their upscale-oriented charge cards where you must pay off the balance each month but get nice perks like purchase price protection and the AMEX extended warranty.
- The annual fee is $0 for the first year of card membership, and $175 thereafter. This way you can try out the card for a year for free and then decide if you wish to keep it.
- Get unlimited Additional Gold Cards for a one time fee of $50. but this fee is also waived for the first year.
- Earn 3X points on airfare, 2X points on advertising, gas, and shipping, 1X points on everything else.
Business Credit Card Eligibility
Many people aren’t aware of the fact that they can apply for business credit cards, even if they are not a corporation or LLC. Why? Because any individual can be a business as well. The business type is called a sole proprietorship. Maybe you sell items on eBay, Craiglist, or Etsy. Maybe you do some freelancing occasionally. Boom! You’re a sole proprietorship. This is the simplest business entity, but it is fully legit and recognized by the IRS. On a business credit card application, you should use your own legal name as the business name, and your Social Security Number as the Tax ID.
Meeting Minimum Spend Requirements
Some possible ideas are to buy gift cards upfront from places you’ll visit eventually, buying American Express gift cards that you can spend later, making purchases for others and getting reimbursed, and prepaying bills that allow it like utilities, insurance. I’ve even bought some Forever postage stamps to put me over the top.
If you don’t think you can make the requirements, here are some more credit card sign-up bonuses with easier offers.
* My favorite. I just noticed right now a $100 Home Depot gift card is 20% off at 8,000 MR points. I hope they are still around by the time I get these points.
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