The Offer: Earn 70K Membership Rewards points after completing promotion requirements. Offer expires January 31, 2025. *This expiration date may be different in the future, as targeted offers are sent out to more customers. 

The standard offer is 30K MR points and there is another targeted offer for 50K MR points. The 70K MR points offer is the highest I’ve ever seen for this account.

Eligibility: 

• Nationwide, but Targeted. “This Welcome Offer is only available to select businesses who were solicited directly by American Express and who must apply with their existing credentials through the link provided”.
•  You are not eligible to earn a welcome bonus for any accounts opened for a business that currently has or has had an American Express business checking account.

Step 1: Open your first American Express Business Checking account, using targeted 70K offer links.

Step 2: Deposit a total of $15,000 or more in eligible deposits that you make and are posted to your account within 30 days from account opening. Deposits from other American Express Business Checking accounts, interest payments, and deposits using Redeem MR Points for Deposits feature do not qualify.

Step 3: Maintain an average daily balance in your account of at least $15,000 for 60 days, starting on the date that your eligible deposits are equal to $15,000 or greater. 

Step 4: Complete 5 qualifying transactions within 60 days of account opening. “Qualifying transactions” are defined as mobile deposits, check deposits by mail, and electronic/online transactions, including ACH, Wire, and bill payment transactions made to or from your account. *Business debit card transactions and deposits using Redeem MR Points for Deposits feature are not qualifying transactions.

Note: See my data points below for what qualified as my 5 transactions.

Step 5: After requirements are met, the Membership Rewards (MR) points will be credited to the MR program account linked to your Amex Business Checking account within 8 to 12 weeks.