American Express is giving new cardholders three additional months to earn their welcome bonuses
For example, if you plan on charging about $834 of nonbonus category spending to an Amex card with a welcome bonus, you'd normally earn 1-2 points per dollar spent on most Amex cards. Put use those expenses toward meeting the spending requirement on the
and you'll effectively get 11 points per dollar spent in the form of a 60,000-point welcome bonus after spending $5,000 in the first three months of account opening.At the moment, no other card issuers have announced a similar extension on meeting spending requirements. Hopefully, this announcement from Amex will lead other issuers to follow suit.
With extra time to meet spending requirements in order to cash in on a big welcome bonus, this is a great opportunity to take advantage of some Amex card offers. Welcome bonuses are topping 100,000 points for some cards, so this is a great way to save up points for a post-coronavirus vacation maximize the return on your spending while in self-isolation. Amex has no shortage of great card offers.
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