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Make $400 on American Express Bonuses

AMERICAN EXPRESS American Express has some of the most generous credit card sign-up deals. To entice customers to sign up for their cards, they frequently run incentives where they will award you $50 to $100 gift cards.

We’ve sifted through all the latest offers from American Express to find all of their current offers.

Roundup of American Express Deals (Updated April 6, 2008)

  • $100 Amazon Gift CardStarwood Preferred Guest Card. Sign up, make a purchase, and get 10,000 StarPoints redeemable for either 3 hotel stays or a $100 Amazon gift certificate (9,500 StarPoints). This is a great card for those who like to travel, because Starwood Points have no blackout dates and are redeemable at hotels like Westin, Sheraton, St. Regis, and W hotels. I carry one of these myself, and don’t mind paying the $45 annual fee b/c the StarPoints rewards program is well worth it. Annual fee waived first year.
  • $100 Gift CardAMEX Preferred Rewards Gold Card. Sign up, make a purchase, and get 10,000 Membership Rewards Points redeemable for a $100 gift card. Annual fee waived first year.
  • $50 CashOne from American Express. Sign up, make a purchase, and get $50 cash deposited into a high interest 3.50% APY savings account within 5 weeks. Annual fee waived first year.
  • $50 Gift CardNest Credit Card from American Express. Sign up, make a purchase, and get 5,000 Membership Rewards Points redeemable for a $50 gift card. Also comes with a FREE financial planning kit for newly-weds. No annual fee!
  • $50 Gift CardAmerican Express Preferred Rewards Green Card. Sign up, make a purchase, and get 5,000 Membership Rewards Points redeemable for a $50 gift card. Annual fee waived first year.

Frequently Asked Questions
1) What can I redeem Membership Rewards Points for?
Gift cards at places like Home Depot, Linens ‘N Things, Banana Republic, Gap, Bath & Body Works, and more. See Membership Rewards website for a full catalog of gift cards and gifts you can buy.

2) How long do you have to keep the cards before you can cancel them and avoid the annual fee?
Membership Rewards points typically take less than 1 week to post to your account. Redeeming the points take a few weeks. So in total, it takes about 1 or 2 months to get your bonus.

If you cancel your account within 1 year, you can avoid the annual fee.

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Comments (9)
1 Star2 Stars3 Stars4 Stars5 Stars (11 votes, average: 4.18 out of 5)
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9 Existing Comments
  1. Andrew said:
    on April 6th at 04:20 am

    How long do you have to keep the cards before you can cancel them and avoid the annual fee?

  2. Bankaholic.com said:
    on April 6th at 06:46 am

    Good question Andrew, question answered

  3. AMEX-not-4me said:
    on April 6th at 02:41 pm

    Beware, it may take several months to get your reward. After your first purchase, after getting your monthly statement, after paying bill, then wait six to eight weeks(read fine print) then you call them and they will look into it. Took them over four months to get me the Starwoods points. Took almost four months to get Gold card points. I did get all rewards after several months and several phone calls. NOT happy with AMEX

  4. tim said:
    on April 6th at 06:53 pm

    when i did the gold card deal, it took me less than a week to get the points into my account. took about 3 weeks to redeem it

  5. Andrew said:
    on April 8th at 07:10 pm

    Does canceling a credit card hurt your credit score?

  6. Taylor said:
    on April 10th at 03:13 am

    yes it does

  7. tom said:
    on April 17th at 01:50 am

    how do you get the $100 amazon gift card as advertised in your post? Amazon is not part of their rewards network…

  8. tim said:
    on April 20th at 12:26 am

    signing up and canceling all these cards can significantly hurt your credit score… bottom line DONT DO IT!1!!!

  9. Janice Everton said:
    on August 6th at 01:51 am

    Suze Ormand says don’t cancel the credit cards after recieving the bonus, But doesn’t it lower your credit score by having too many lines of open credit?