I applied and got approved for an American Express Business Gold Card on Saturday. I applied for the card through Cash Duck, who pays you $80 once you get approved for the card and make your first purchase. I also received American Express' current promo. In a nutshell, you get 25,000 reward points after your first purchase that can be redeemed for a $250 gift card to any of the stores that are on the list or a round-trip ticket to anywhere in the US.
I know I said before that I wouldn't apply for anymore cards but I couldn't pass this one up. And after doing some research I found that because it is a business account it will not show up on your credit report. That was the icing on top of the $330 cake ($80 from Cask Duck and $250 from American Express).
This is what I have planned. Once I receive my 25,000 bonus points I will redeem them for one of the following:
1. $200 Dell gift certificate and $50 American Express Gift Card
2. $250 Linens N' Things gift card
3. Round trip ticket to somewhere in the US.
Option 1 would contribute to my future laptop. It would be essentially be $250 in my laptop fund bringing me even closer to my goal.
Option 2 would be used after the purchase of my home. I love Linens N' Things and I could get a lot of items for the new house for $250.
Option 3 would be used for a very well-deserved vacation somewhere in the US.
Now thats what I call a hustle! :-D
Wow this played out better than I thought. My initial reason for applying the for the card was to take advantage of the free ticket. But now I have discovered more options and I have no clue which one to go with. All three are great options and would effect some important goals I have set right now.
So what do you guys think? Which one should I choose?
P.S. The $80 I will be getting from Cash Duck is already allotted for my spending fund so it wasn't calculated into the options above.
I know I said before that I wouldn't apply for anymore cards but I couldn't pass this one up. And after doing some research I found that because it is a business account it will not show up on your credit report. That was the icing on top of the $330 cake ($80 from Cask Duck and $250 from American Express).
This is what I have planned. Once I receive my 25,000 bonus points I will redeem them for one of the following:
1. $200 Dell gift certificate and $50 American Express Gift Card
2. $250 Linens N' Things gift card
3. Round trip ticket to somewhere in the US.
Option 1 would contribute to my future laptop. It would be essentially be $250 in my laptop fund bringing me even closer to my goal.
Option 2 would be used after the purchase of my home. I love Linens N' Things and I could get a lot of items for the new house for $250.
Option 3 would be used for a very well-deserved vacation somewhere in the US.
Now thats what I call a hustle! :-D
Wow this played out better than I thought. My initial reason for applying the for the card was to take advantage of the free ticket. But now I have discovered more options and I have no clue which one to go with. All three are great options and would effect some important goals I have set right now.
So what do you guys think? Which one should I choose?
P.S. The $80 I will be getting from Cash Duck is already allotted for my spending fund so it wasn't calculated into the options above.
Comments
Interesting. Meet one goal and then focus on the next. I'm liking that idea. Thanks and welcome. :-)
Thank ya mam. So you say laptop also??
That way you get a mix. You can use the Amex to pay some bills and have $200 extra toward your goal.
D.C.2