American Express
American Express is offering 30,000 membership rewards for opening their Business Checking Account and completing qualifying activities. The offer is valid online and is available nationwide. To be eligible, you need to open the checking account and complete the following qualifying activities:
- Deposit a total of $5,000 or more in new money into your American Express® Business Checking account within 20 days of account opening.
- Maintain an average balance of $5,000 for 60 days from the date that your funds are $5,000 or greater.
- Complete 10 incoming or outgoing qualifying transactions within 60 days of account opening. “Qualifying transactions” are mobile deposits, and electronic/online transactions including ACH, Wire, and Bill Payments.
American Express Business Checking has no monthly maintenance and no minimum balance requirement for the account as well as offers high interest rate (1.1% APY). Amex Business Checking Account offers transparent pricing and most of the services are free.
American Express Business Checking Bonus Summary
Bonus – 30,000 Membership Rewards
Account – Business Checking
Availability – Nationwide
Offer Expiry – No
Account Fees – None
Link for the Offer
Business Checking Bonus Requirement
- Open a new Checking account online using the link.
- Complete the qualifying activities:
- Deposit a total of $5,000 or more in new money into your American Express® Business Checking account within 20 days of account opening.
- Maintain an average balance of $5,000 for 60 days from the date that your funds are $5,000 or greater.
- Complete 10 incoming or outgoing qualifying transactions within 60 days of account opening. “Qualifying transactions” are mobile deposits, and electronic/online transactions including ACH, Wire, and Bill Payments.
- Bonus will be deposited within 6-8 weeks after completion of all requirements.
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Checking Account Fee | How to Avoid It?
- There is no account fees.
Early Account Termination Fees
There is no early termination fees but we recommend keeping the account open for at least 180 days.
The Fine Print
- 30,000 Membership Rewards Account Opening Deposit is not available to existing Business Checking Account customers, local, state, or Federal Government entities or agencies, Not for Profit organization, Political Action Committees. We may also consider other factors in making a decision on your account opening bonus eligibility.
- To be eligible to earn a 30,000 Membership Rewards account opening deposit bonus, you must meet each of the qualifying activities set forth below:
- Open an American Express® Business Checking account, which is subject to approval;
- Deposit a total of $5,000 or more in new money into your American Express® Business Checking account within 20 days of account opening. “New money” is defined as money that is not currently on deposit by your Business in any other American Express® Business Checking account. The $5,000 must be posted to the account within 20 days of account opening.;
- Maintain an average balance in the American Express® Business Checking account of $5,000 for 60 days from the date that your funds are $5,000 or greater;
- Complete 10 incoming or outgoing qualifying transactions within 60 days of account opening. “Qualifying transactions” are mobile deposits, and electronic/online transactions including ACH, Wire, and Bill Payments. Transfers between Business Checking accounts held by the same business do not qualify. Transactions that have not cleared within 60 day of account opening, including stop payments also do not qualify.
- After you have completed all the above Checking Account requirements, 30,000 Membership Rewards will be deposited into your American Express® Business Checking account within 8-12 weeks.
Final Thoughts
American Express used to offer $300 as a sign up bonus with the same requirements but recently changed it to Membership Rewards. They initially offered 20,000 Membership Rewards but has not increased it to 30,000 Membership Rewards. As you can redeem one membership rewards for 0.8 cents, this translates to a bonus of at least $240. The requirements are easy to meet and the bonus posts quickly. Plus, the business checking account itself is excellent.
