American Express used to be the de-facto in the rich and famous life. When one showed his/her American Express card, the status symbol was immediately recognized. It will add to your ego if you can flash the American Express Gold, so much so that the advertisement on American Express Gold was portrayed as the ultimate richness you can only dream of. Those were the days when I was still a small kid.
Hustlermoneyblog has alert FinanceTwitter on how you can get 25,000 Rewards points after the first purchase from American Express Business Gold current limited promotion. The 25,000 points can be exchanged or redeemed for a free round-trip airline ticket anywhere in the U.S or $250 rewards gift certificate. You can choose the $250 gift certificate from stores such as Home Depot, Gap, Blockbuster, Barnes & Noble or Banana Republic (wondering if I could get my hand on the iPhone from these stores).
Another Credit card bonus includes the goodies whereby the $125 annual fee is waived for a year, so if you think the card is not worth it, you can just simply cancel the card without paying any fee whatsoever. Americans who are tied to credit report would normally think twice before spending using credit card but since this business credit card will not show on your personal credit report, you can actually max your credit limit without worrying about your credit report. Nevertheless, I hope you have the means to settle the amount you spent as part of the spending habit.
Here’s the fine print from American Express:
Apply for the Business Gold Rewards Card and make a purchase by 12/31/07. Upon the Basic Cardmember’s first purchase, a one time bonus of 25,000 points can be earned toward the Basic Business Gold Rewards Cardmember’s Membership Rewards® account and may appear as separate credits of 5,000 and 20,000 bonus points. The maximum 25,000 bonus points are available to first–time Basic Business Gold Rewards Cardmembers only; they are not available if you transfer an existing account. Welcome bonus points will be credited to your Membership Rewards account 6 to 8 weeks after your first purchase appears on your monthly billing statement. The bonus 25,000 Membership Rewards points may be redeemed for one domestic round–trip airline ticket.
If you think you should belong to the rich and famous, then you can apply right away to benefits from the current limited promotion.