Amex Business Checking Earned Bonuses and Their Signup Perks
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This is a splendid opportunity to refer to this guide on the Amex Business Checking Earned Bonus. I hope this guide proves beneficial when it comes to talking about the terms of eligibility, maximum bonus, and most important, how to get the most out of it. So grab a mug of tea and let us start!
Terms and Conditions of the Amex Business Amex Business Amex Business Checking Bonus Earned Bonus
Amex Business Amex Business Amex Business Amex Business Checking Bonus Earned is a facility made available to American businesses to motivate them to open new checking accounts with Amex. If the business takes advantage of the current offer, the business can earn a bonus of between $300 and $500 when they open the account. There is always a certain set of eligibility requirements that need to be achieved in order to receive the bonus, as well as a few steps to follow throughout the account opening procedure.
Requirements to Qualify
While determining who qualifies for the Amex Business Checking Bonus Earned, the following rules apply to the business:
- Be a legal entity in the United States.
- Have an Annual Revenue of At Least $100,000.
- Have operated for at least a year.
Amex Business Checking Earned Bonuses Tactics Creates the Business Checking Bonus Earned
#1. To Claim the Bonus, Spending Terms Must Satisfied: As soon as you open your account, you’re given a restriction where spending must be done within a specific time frame to claim the bonus.
This generally means that a specific amount of money has to be spent or a minimum amount of transactions has to be completed. Earning bonuses is simpler with strategic purchases.
#2. Referrals: Businesses that refer others for the American Express Business Checking program may receive bonuses. Does anyone you know need an American Express business checking account? If yes, refer them and get a referral bonus in addition to your sign-up bonus.
Detailed Breakdown of Amex Business Checking Sign Up Bonus Offers
| Offer Type | Bonus Amount | Spending Requirement | Eligibility |
|---|---|---|---|
| Basic Business Checking | $300 | $3,000 | Businesses with annual revenue of $100,000 |
| Performance Business Checking | $500 | $5,000 | Businesses with annual revenue of $500,000 |
| Business Platinum Checking | $1,000 | $10,000 | Businesses with annual revenue of $2 million |
Conclusion
Thanks to the American Express cashback rewards checking account, new customers can receive a bonus after signing up. To reap the most rewards from the program, it is best to get familiar with the eligibility restrictions, planned expenditures when opening the account, and available referral rewards.
More details pertaining to business checking accounts can be located in our other articles:
Make a new purchase using an accepted debit card, use business credit to complete the charge, process ACH payments, execute wire transfers, or issue checks as accepted bonus purchases.”
Make sure to note that even though Chase and Wells Fargo offer business checking sign up bonuses, they do not match the Amex business account sign on bonus offer.
In order to avoid the monthly fee, you are required to keep at least an average balance of $5,000.
What is the monthly fee?
The standard maintenance fee is $10 a month for anyone who does not keep at least $5000 in their account.
Is it possible for me to withdraw from my account immediately after the bonus?
After receiving the bonus, you are free to fully withdraw from your account. But please note that if you chose to close your account within 12 months from opening it, you might have to repay the bonus you were given.
What do I do if I have additional queries?
For any additional queries you may have, do not hesitate to reach out to American Express customer service at the number 1-800-528-4800.