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Bank bonuses can be a great way to earn extra cash — or even better, flexible rewards points. Just like with credit cards, you can find bonuses on both personal and business checking accounts. And right now, if you're looking to grow your American Express Membership Rewards balance, a new business checking offer can help you do exactly that.
Earn 30k Membership Rewards Points With a New Amex Business Checking Account
The current offer for new Amex Business Checking accounts lets you earn 30,000 Membership Rewards points after completing a few requirements. Here are the details:
- Open a new Amex Business Checking account and deposit at least $5,000 within the first 3 months (excluding transfers from another Amex Business Checking account)
- Maintain an average account balance of $5,000 for 60 days
- Complete 5 or more qualifying transactions within 60 days of account opening
According to Amex, qualifying transactions include mobile deposits, check deposits by mail, and electronic or online transactions such as ACH transfers, wire transfers, and bill payments.
Amex Business Checking accounts have no monthly maintenance fees and currently earn 1.3% APY.
On top of the 30,000 Membership Rewards points you can earn after meeting the requirements, you’ll also earn 1X Membership Rewards point per $2 spent with your Amex business debit card. While using a debit card typically isn't ideal for earning rewards, it can be a decent fallback when credit cards aren't an option. That said, credit cards will almost always offer better return rates than the 0.5X per dollar you’ll earn here.
Once you've completed all the required activities, the 30,000 Membership Rewards points should post to your account within 8–12 weeks.
You can sign up for the Amex Business Checking account offer directly here.
Related: All of the Cards That Earn Amex Membership Rewards Points
Bottom Line
If you're in the market for a new business checking account and want to boost your Membership Rewards balance, now’s a great time to consider Amex Business Checking. New account holders can earn 30,000 Amex points after meeting a few simple requirements — a pretty hefty bonus that can go a long way toward future travel.
There’s no listed end date for this offer, so if you’re eligible, it’s worth jumping on sooner rather than later.
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