Earning $1,000 in Credit Card Promotions

After a bit of a hiatus in the credit card game, I recently applied for 2 credit card offers each with signup promotions worth $500 in gift cards. For just a few hours of work on my part, I consider these a smart use of my credit score, since I have no immediate plans to acquire more credit:

  • American Express Business Gold - Earn 50,000 Membership points after spending $5,000 in 3 months, annual fee waived for the 1st year. Offer received in mail.
  • Capital One Venture Card - Earn $625 in airfare or $500 in gift cards after spending $3,000 in 3 months, annual fee waived for the 1st year. Online offer.

My wife and I will also focus a portion of our monthly spend on these cards and our Amazon Payment round trip transactions approach to ensure we hit the spending requirements on each card. Its important to note we won't adjust our spending habits as part of these promotions.

Also see my post on credit card arbitrage.

Related in Credit Cards:

Capital One Credit Card Offers Auto Pay (Sep 02, 2012) For those of you who use a Capital One card - there is good news. I logged into my Capital One account this week to find they now offer an Auto-Pay feature. This means I can now set up my...

We Just Earned $1,000 For A Few Hours of Work (Apr 23, 2012) My wife and I each recently cashed our $500+ cashback checks from Chase Sapphire for a total of just over $1,000 for opening 2 credit cards and just a few hours of work. In January my wife and I each...

Double Cashback Bonus In Birthday Month on Discover Card (Oct 23, 2011) Here is an easy promotion if you already have a Discover card - sign up to get double cashback bonus for your birthday month. You'll earn 2% Cashback Bonus on up to $500 in purchases from the first day of...

Comments (2)

The Amex offer is for 25,000, not 50,000 miles, per their website.

The Capital One offeris for 20,000 miles, which is worth 217$, not 625$, per their website.


Thanks for the comment - the promotions I signed up for have expired, but they change all the time.

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A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
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