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Amazing New Amex Offer
Ok I am sort of reporting this offer with a little sadness since I wasn’t targeted, but it seems some lucky people on Fatwallet are finding a pretty amazing Amex Offer in their business accounts. This offer gives a $75 statement credit on a $250 or more purchase at select merchants.
Spend $250 or more at BevMo, Gordon Food Service, The Home Depot, Jetro/Restaurant Depot, Staples, or Total Wine & More and receive a $75 statement credit.
- Offer can be used 5 times!
- Expires 8/14/15
Details Get a $75 statement credit by using your enrolled Card to make a single purchase of $250+ in-store at BevMo, Gordon Food Service, The Home Depot, Jetro/Restaurant Depot, Staples, or Total Wine & More by 8/14/2015. Limit 5 statement credits. See terms. Terms Valid in-store only. Excludes phone orders. Valid at any participating location in the US. Enrollment limited. Offer is non-transferable. Only U.S.-issued American Express® Cards are eligible for this offer. Limit 5 statement credits per American Express online account.
So you can pretty much see why this offer is amazing. This is a pretty good way to make a few hundred bucks on each card you are targeted. Of course, this offer seems to be highly targeted, so most people will probably only get it once if at all.
I would probably purchase $200 Visa gift cards at either Home Depot or Staples. Let’s say you purchase 2 x $200 gift cards for $206.95 each. You could also do a $200 and a $100 for a dollar less. Anyway, the math works out like this:
- 2 x $200 cards: $413.90
- Statement credit: -$75
- Total Cost: $338.90
- Profit: $61.10
Repeat 5 times and you have earned 2,070 points plus a total profit of $305.50. I’m sure there are other ways to maximize this even more, so feel free to point them out if I’m missing something. Of course since this is good at Staples, you could always combine it with their frequent gift card deals like the upcoming Visa deal.
I still contend that the Smart & Final Amex Offer was the best ever simply because it was widely available. If this one was out in the open, then it would be a contender, but my guess is that only a select few (lucky) people will be targeted. Hopefully those people take advantage of it for the rest of us!
Were you targeted? Let me know in the comments.
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