American Express Bank Bonuses: 30K, 70K Points Business Checking Promotions (Nationwide)

Find the latest American Express bank bonuses promotions & bonuses here.

Currently, you’ll American Express is offering 30,000, 70,000 MR points bonuses when opening a qualifying account.

Update 5/27/24:

• We’ve found a link to see if you were targeted for the 70K MR points offer. Here’s another link to see if you were targeted for he 70K offer.
• If you weren’t targeted for the 70k offer, here’s a link to see if you were targeted for the 50K points offer.
• There is now a targeted 70K MR offer. Sign into your Amex account and check the dashboard to see. Expires 7/31/24.

American Express 70,000 MR Points Business Checking Bonus

• What you’ll get: 70,000 MR Points
• Eligible account: Business Checking account
• Availability: Nationwide
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: $0
• How to earn it:
  • Earn 70,000 Membership Rewards Points® after you:
  • Deposit a total of $15,000 or more in eligible deposits* within 30 days of opening your first account, Eligible deposits are any deposits except deposits using our Redeem for Deposits feature, deposits from interest payments, and deposits from any other American Express Business Checking accounts. AND
  • Maintain an average account balance of $15,000 for the next 60 days, AND
  • Make 5 or more qualifying transactions* within 60 days of opening your account. Qualifying transactions are mobile deposits, check deposits by mail, and electronic/online transactions including ACH, Wire, and Bill Payments. Business Debit Card transactions and deposits using our Redeem for Deposits feature are not qualifying transactions.
  • Furthermore, you’ll earn 1.3% APY on balances up to $500,000.

(Expires 07/31/2024)

Fine Print

• To be eligible for this Welcome Bonus, your application must be submitted using the link for this 70,000 Welcome Bonus and your existing American Express credentials by 07/31/24 11:59:59 PM EST. This Welcome Offer is only available to select businesses who were solicited directly by American Express. Offer cannot be forwarded, transferred, or used more than once.
• The Welcome Bonus may be taxable income to you and may be reported on IRS Form 1099. You are responsible for any federal or state taxes resulting from the offer. Please consult your tax advisor if you have questions about the tax treatment of the Welcome Bonus.

American Express 30,000 MR Points Business Checking Bonus

• What you’ll get: 30,000 MR Points
• Eligible account: Business Checking account
• Availability: Nationwide
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: $0
• How to earn it:
  • Earn 30,000 Membership Rewards® points after you;
  • Deposit a total of $5,000 or more in eligible deposits within 30 days of opening your first account, AND
  • Maintain an average account balance of $5,000 for the next 60 days, AND
  • Make 5 or more qualifying transactions within 60 days of opening your account.

Furthermore, you’ll earn 1.3% APY on balances up to $500,000.

(Limited time offer)

Fine Print

• You are not eligible to earn a Welcome Bonus for any accounts opened for a business that currently has or has had an American Express® Business Checking account.
• The Welcome Bonus may be taxable income to you and may be reported on IRS Form 1099. You are responsible for any federal or state taxes resulting from the offer. Please consult your tax advisor if you have questions about the tax treatment of the Welcome Bonus.

American Express $350 Savings Bonus (Targeted)

Update 2/9/24: Check your email for this offer. There’s now a $300 bonus offer with the same $25K requirement.

• What you’ll get: $350
• Eligible account: Savings account
• Availability: Nationwide
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: $0
• How to earn it:
  • Earn a $350 Cash Bonus when you deposit $25,000 or more into a new American Express High Yield Savings Account.
  • Offer available to email recipients who don’t have an existing American Express Savings account. Must deposit funds by March 3, 2023 and hold them through May 2, 2023.

Fine Print

• This offer is only available to customers new to American Express Savings.
• Offer is not available to:
• non-American Express Card Members
• American Express Card Members who did not receive this email from American Express directly, or
• American Express Card Members who have been named as a primary or joint holder on an active American Express High Yield Savings Account as of the date on which the email was sent.
• A cash bonus amount of $350 will be credited to your new account after you, as the primary account holder, deposit a total of $25,000 or more of new money (not transferred from an existing American Express Savings, checking or debit account) into a new American Express High Yield Savings Account by 11:59pm ET on March 3, 2023. A “new” account for this purpose is an account that is opened on or after the date on which this email was sent by American Express. High Yield Savings Accounts that were active prior to the date on which this email was sent by American Express are not eligible for this offer.
• You can reach the Threshold Amount through one or more deposits, provided that the total Threshold Amount is reached and posted to your account by 11:59pm ET on March 3, 2023.
• You will receive the bonus in your account within 8-12 weeks.
• If funds in the account drop below the Threshold Amount at any point during the promotion period, the account will no longer be eligible for the promotion.

American Express $250 Business Line of Credit Bonus

• What you’ll get: $250
• Eligible account: Business LOC
• Availability: Nationwide
• Credit Inquiry: Unknown
• Direct Deposit Required: No
• Monthly Fee: None
• How to earn it:
  • To be eligible for this limited time offer, apply for a American Express® Business Line of Credit between 6/1/23 and 8/31/23 at 11:59pm ET.
  • If your application is approved, and you add and verify your Funding primary account on or before 8/31/23, we’ll deposit $250 into it!

(Expires 08/31/2023)

Fine Print

• This offer is provided by American Express® Business Line of Credit (“we”, “us” or our”).
• American Express® Business Line of Credit loans are issued by American Express National Bank (AENB).
• To be eligible to earn the $250 associated with this offer, you must 1) apply and be approved for a line of credit between 6/01/2023 and 8/31/2023 at 11:59pm ET and 2) add and verify your designated business bank account (hereafter defined as “Funding primary account”) on or before 8/31/2023 at 11:59pm ET.
• AENB will deposit $250 into the Funding primary account you’ve successfully linked to American Express® Business Line of Credit within 30 calendar days from the date the account is verified.
• Limit one offer per new American Express® Business Line of Credit account.
• This offer (i) is not available to existing American Express® Business Line of Credit customers, (ii) is non-transferable, and (iii) cannot be combined with any other offer except as permitted by American Express.
• We reserve the right to modify or revoke this offer at any time.
• You may not receive the offer, if we determine in our sole discretion that your account is not in good standing, has a disconnected bank account, and/or you have engaged in abuse, misuse, fraudulent activity, or gaming in connection with the offer in any way or that you intend to do so.
• We may also cancel your American Express® Business Line of Credit account and other accounts you may have with us.
• Your American Express Business Line of Credit account must be open at the time of fulfillment; we may not credit the offer if you or we close your American Express Business Line of Credit account.
• The offer may be taxable income to you and may be reported on IRS Form 1099.
• You are responsible for any federal or state taxes resulting from the offer.
• Please consult your tax advisor if you have questions about the tax treatment of the offer.
• If you have any questions regarding this offer, please contact us.

American Express $250 Checking Bonus (Expired)

• What you’ll get: $250 bonus
• Eligible account: Checking account
• Availability: Nationwide
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: $0
• How to earn it:
  • Earn a Welcome Bonus of $250 deposited into a new American Express Rewards Checking account after you do each of the following:
    • Open an American Express Rewards Checking Account in your name by October 31, 2023.
    • Have a Qualifying Direct Deposit posted to your American Express Rewards Checking Account by December 10, 2023.
  • After you have completed the above, American Express will deposit your Welcome Bonus into your Rewards Check Account within 8-12 weeks.

(Expires 10/31/2023)

Fine Print

• A Qualifying Direct Deposit is a single ACH transfer of $500 or more from an employer or the government for a paycheck, pension, government benefit (such as Social Security), or tax refund. The following are not Qualifying Direct Deposits: person to person transfers (P2P), demand deposit account to demand deposit account transfers (for example, from a checking account to another checking account), and deposits or ACH transfers not from an employer or the government (for example, online transfers or bank transfers).
• You are not eligible for the Welcome Bonus if you have an existing Rewards Checking Account. Each individual customer may only have one Rewards Checking Account. You must keep your account open and in good standing until we award you your welcome Bonus. If your account is closed for any reason prior to such time, including being closed by us, you will not be eligible for the Welcome Bonus. If we determine, in our sole discretion, that you have violated the Rewards Checking Account Terms or have engaged in abuse, misuse, or gaming in connection with your account, we may determine that you are not eligible for the Welcome Bonus. In such circumstance, we may rescind or decline to award you the Welcome Bonus.
• Your Welcome Bonus may be taxable income to you and may be reported on IRS Form 1099. You are responsible for any federal or state taxes resulting from the Welcome Bonus. Please consult your tax advisor if you have questions about the tax treatment of the Welcome Bonus. Your Welcome Bonus may not be transferred, sold, traded, or combined with other Welcome Bonuses. You are only eligible for one Welcome Bonus. Limit one Welcome Bonus per American Express Rewards Checking Account. American Express reserves the right to modify or revoke this Welcome Bonus offer at any time without notice.

How To Waive Monthly Fees

• American Express Checking: None
• American Express Business Checking: None

Conclusion

The current bonuses at American Express is pretty good if you are looking to open a new account. If this bonus interests you be sure to apply online or in branch and take full advantage of this account!

For more options, see our list of the latest American Express credit card offers and our review of the high yield savings account.

Be sure to take a look at our full list of Bank Bonuses for all your banking needs! For more options see our list of the best business interest bearing accounts.