Update: this American Express promotion has expired, click here for a similar offer from Citibank ($100 gift card after your first purchase)
I had a very rewarding week in the US before I left for Ukraine. The $250 check arrived from the Chase Freedom card promotion I participated in March. Same week I received 25,000 points (worth $250) for signing up to American Express small business credit card offer I participated in December. $500 in one week felt very rewarding! ;-)
I recently received a tip from one of my readers about another limited time promotion American Express is running this month. This time just like in December they offer 25,000 points for signing up to a Business Gold Rewards Card. This card usually has $125 annual membership fee which is waved for one year with this offer. You will need to make one purchase before the end of 2007 and the bonus will be credited to your rewards account within 6-8 weeks.
To participate, click on the image below and fill out the online application. According to the offer description the bonus 25,000 points may be redeemed for one domestic round–trip airline ticket however as I understand these are regular reward points and you can do with them whatever you like (I converted my last bonus into a $250 Home Depot gift certificate). If you participate in this offer, please write about it in the comments.
Does not opening/closing several creditcards every other month damage your credit history?
Several a month will certainly do that. I try to limit my credit card applications to at most one ever other month. So far so good. :-)