Saturday, September 27, 2014

American Express Small Business Saturday is $30 This Year!

Amazingly, American Express has actually increased the amount of free money they are giving away for Small Business Saturday.  Every eligible American Express credit card can get up to $30 of statement credits for free.

The credits are in $10 increments so you need to spend $10 on each card 3 times to take full advantage.  If you spend $30 once you will only get $10.

I have always used my cards to get gift cards to one store.  The gift cards can then be combined later.

This year, Small Business Saturday is November 29th 2014.  You can start to register your cards (you have to register every card separately if you the card to qualify) at 12am Pacific time on November 16th at  A limited number of cards can be registered so you don't want to wait too long after the 16th to register

  • Every American Express credit card that has a separate 15 digit account number on the front can be registered separately.   
    • Authorized users from credit card accounts that are processed by American Express and issued by American Express have a separate account number on the front and the authorized user card can be registered for a separate $30. Just look at the front of your Authorized user and you will see a different 15 digit number than the primary. 
    • Authorizes users from credit card accounts that are processed by American Express, but are issued by another company will have the same 15 digit account number as the primary and are not eligible for a separate promotion.
  • Prepaid and Gift cards do not work for these promotions, except Serve and Bluebird (Bluebird added this year)
    • Serve allows for up to 4 subaccounts which should also be eligible.
  • Personal business cards are eligible, but corporate cards are not.

Considering that I currently have 31 eligible American Express cards (includes all authorized users, my cards and my wife's cards) and I hope to get at least another 5 before the promotion, I'm pretty happy about this increase.  It may take me an hour to register all of my cards, but I'm pretty sure that's well worth the $900-$1000 of free merchandise.