American Express Business SimplyCash Bonus Now $250 After $5,000 In Spend

The Offer

Direct link to offer [Warning: this may be somebody elses affiliate link, the public bonus is $0].

• The sign up bonus on the American Express Business SimplyCash is now $250 after you spend $5,000 within

The Fine Print

• Valid until February 24th, 2015
• 5% cash back at office supply stores and on wireless telephone services purchased directly from US service providers
• 3% cash back on your choice of the following categories: Airfare purchased directly from US airlines, hotel rooms purchased directly from hotels, car rentals purchased directly from select car rental companies, U.S gas stations, U.S restaurants, U.S purchases for advertising in select media, U.S purchases for shipping. This category can only be changed once annually.
• 1% cash back on all other purchases
• You only earn  5% on a maximum of $25,000 per year (total rewards maximum = $1,250), after that you’ll earn 1%
• You only earn 3%  on a maximum of $25,000 per year (total rewards maximum = $750), after that you’ll earn 1%
• Can be enrolled in the American Express OPEN savings program

Our Verdict

This offer comes around fairly regularly, it was offered at least twice in 2014 (1 + 2), although in the past it has also come with an introductory 0% APR as well. I got this card back in 2014 and it hasn’t been a full twelve months yet so I cannot get it again that twelve month period will be over before this card expires so I’ll pick the card up again.

I like being able to earn 5% at office supply stores, as this gives me another $25,000 in spend each year at there (in addition to the $50,000 in spend I get from my Chase Ink Bold), office supply stores sell gift cards and also regularly have promotions on those gift cards as well.

American Express does combine pulls, but you can only apply for one credit card per day. That means you’d need to apply for a charge card as well as this for American Express to combine the pull into one, the most obvious choice would be the American Express business rewards gold which is currently offering 75,000 points after $10,000 in spend. I’ve already got that card and bonus though, the other option would be the American Express Premier Rewards Gold Card which is offering 50,000 points after $1,000 in spend but I don’t think I am eligible for that bonus either.

I’d recommend reading my credit card application strategy to understand all of this a bit better.

Useful posts: 

• American Express business cards are churnable, you can get the the bonus again after twelve months.
• Check to see if you have any targeted bonuses with American Express
• Remember that American Express back dates your new credit cards
• American Express does combine multiple credit pulls into one, learn more here
• American Express usually does not match higher sign up bonuses, but it’s always worth asking.
• American Express will expedite some cards
• It’s possible to get American Express to increase your credit limit by three times it’s starting amount, found out how to do it here.
• If you don’t get approved automatically, make sure you call the reconsideration number.
• This card has an annual fee, considering downgrade it before the annual fee hits in the second year. Here are your best options for American Express
• Learn how to re-allocate your credit limits with American Express

Direct link to offer [Warning: this may be somebody elses affiliate link, the public bonus is $0].  | Screenshot of offer

Hat tip to Colambia123 from slickdeals