Bank bonuses: $50 bonus (5000 points) - American Express : Rewards Plus Gold Card; Exp. - unknown

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IBD note: Rewards Plus Gold Card is a different product than Preferred Rewards Gold Card, for which you can get a $100 gift card (10,000 points). The first annual fee is waived for both cards.

You can exchange 5000 points for a $50 gift card. See examples of gift cards from Dell, Home Depot, GAP, etc here (You may have to use Firefox or Netscape, not Internet Explorer to see AmEx Rewards website!!!).


Terms:


Once your application for the American Express Rewards Plus Gold Card is approved, you will receive 5,000 Membership Rewards® welcome bonus points. Bonus points are awarded after making your first eligible purchase on the Card and will be credited to your Membership Rewards Program account within 6-8 weeks after charges appear on your billing statement. Bonus points may be redeemed for a $50 dollar Gift Card or any reward of equal point-redemption value, or retained for future use. This offer is valid for first-time American Express Rewards Plus Gold Card members only. You are eligible to receive welcome bonus points for only one Card account. Additional Card members are not eligible. Bonus ID-1052.

The annual fees for the Rewards Plus Gold Card and Additional Rewards Plus Gold Cards will be waived for the first year. Thereafter, the annual fee will be $150 for the Basic Card, with up to five Additional Cards included at no extra charge.

	American Express