A best-ever welcome bonus has just appeared on the American Express US Green Card. There are up to 60,000 Amex US Membership Rewards points up for grabs, as well as up to $200 (USD) in statement credits available, too.
Now is a fantastic time to get the Green Card if you don’t have it already, so let’s take a look through the special welcome offer, and then weigh up the benefits of the card to see if it justifies the $150 (USD) annual fee in the long run.
60,000 US MR Points + Up to $200 Statement Credit
The current welcome offer on the American Express US Green Card is the best we’ve ever seen, and now is a great time to apply if you’re eligible to receive the bonus.
There are two parts to the signup bonus, which is structured as follows:
- Earn 60,000 Amex US Membership Rewards points upon spending $3,000 (USD) in the first six months
- Earn 20% back as a statement credit on eligible travel and transit purchases, up to $200 (USD)
The Green Card is a charge card, meaning that it has no preset spending limit and you need to pay the balance off in full every month. It comes with an annual fee of $150 (USD).
Perhaps the best part of this offer is that the bonus is indeed very high, and it comes with a relatively low minimum spending requirement that’s spread out over the course of six months. By charging $500 (USD) to the card in each of the first six months, you’ll have fulfilled the requirements, and can come out with 60,000 Amex US MR points at your disposal.
Another way to look at the welcome bonus is that you’re acquiring 60,000 points at the cost of the annual fee, which works out to be just 0.25 US cents per point. We value Amex US MR points at 1.8 US cents per point, so needless to say, this is an outstanding offer.
The second part of the welcome bonus gives you up to $200 (USD) back as a statement credit on travel and transit purchases. To maximize the offer, you’d have to spend $1,000 (USD) on the two categories in six months, which isn’t unreasonable by any means.
Furthermore, the statement credit more than makes up for the card’s annual fee. If you’ve never had this card before, now is an excellent opportunity to take advantage of the record-high welcome bonus.
Given that Amex US enforces a strict once-in-a-lifetime rule on welcome bonuses, it’s best to wait for historical high offers, such as this one, before applying for any product you haven’t…
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