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American Express is known for its post-Thanksgiving Small Business Saturday event. In past years the issuer’s offered customers statement credits for eligible purchases, although last year it dialed things back and instead focused on providing support to business owners rather than rewarding cardholders with money back. This year, however, Amex is adding some extra incentive to use your eligible cards at local shops: the ability to earn 2x points when you shop at qualifying merchants now through December 31, 2016.
This offer applies to more than 50 US personal Amex cards and OPEN Small Business American Express cards. To earn the 2x rewards, you need to enroll your card here, and then simply shop at eligible merchants with any registered cards to rake in the extra points (or miles). You’ll earn 2x rewards on the first $100,000 in qualifying purchases made with each eligible card (or on the first $250,000 with select Amex OPEN small business cards).
Note that you won’t earn 2x points/miles on any purchases that already qualify for a category bonus, however you will earn additional rewards. So, for example, if you use an enrolled American Express Premier Rewards Gold Card at a US supermarket that qualifies for the Shop Small promo, you’ll earn the 2x points you get from the bonus category plus 1 additional point for a total of 3 Membership Rewards points. Also, if you enroll an eligible card for which there are additional cardholders, they will automatically be registered as well, and will earn 2x rewards for the primary card account. To find participating small businesses near you, check out this Shop Small Map.
Here’s a breakdown of how you’ll earn extra rewards with select participating Amex cards:
Earn 1 additional Starpoint per dollar of purchases.
If you’re already planning to shop at a participating small business, the ability to earn 2x rewards on your purchase when you use a registered Amex card could come in handy. It’s probably not worth going far out of your way to take advantage of the opportunity, but at the very least it’s worth enrolling your most-used Amex cards so you keep your options open.
What are your thoughts on this latest Amex small-business promotion?