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Earn Bonus Points With the Amex ‘Refer a Business’ Program

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American Express just launched the “Refer a Business” program, which rewards those who hold an Amex business credit card and refer someone to open that card with a special link. If you have the Business Gold Rewards Card from American Express OPEN, The Enhanced Business Platinum Card from American Express OPEN or another eligible card, this could be a relatively easy way to boost your points balance — and a nice complement to its existing Refer a Friend program for personal cards.

Here’s a breakdown of how many points you’ll earn if you refer a fellow business owner to open one of the eligible cards (and you already hold that card):

  • Business Gold Rewards Card10,000 Membership Rewards points per referral, up to 55,000 points per calendar year. That’s 10,000 points for each of the first five approved referrals plus 5,000 points for the sixth approved referral.
  • Business Platinum Card25,000 Membership Rewards points per referral, up to 55,000 points per calendar year. That’s 25,000 points for each of the first two approved referrals plus 5,000 points for the third approved referral. Note that this specific offer expires on January 25, 2017.
  • The Plum Card from American Express OPEN: $100 statement credit per referral, up to $550 in statement credits per calendar year. That’s $100 for each of the first five approved referrals plus $50 for the sixth approved referral.
  • Gold Delta SkyMiles Business Credit Card from American Express: 10,000 bonus miles per referral, up to 55,000 miles per calendar year. That’s 10,000 miles for each of the first five referrals plus 5,000 miles for the sixth approved referral. Note that this specific offer expires on February 1, 2017.
  • Platinum Delta SkyMiles Business Credit Card from American Express: 10,000 bonus miles per referral, up to 55,000 miles per calendar year. That’s 10,000 miles for each of the first five referrals plus 5,000 miles for the sixth approved referral. Note that this specific offer expires on February 1, 2017.
  • Starwood Preferred Guest Business Credit Card from American Express: 5,000 Starpoints per referral, up to 55,000 points per calendar year. That’s 5,000 Starpoints for each of the first 11 referrals.

Here are the steps for referring a fellow business owner:

  1. Visit this link and log in with your account information for the business card in question.
  2. Enter the email address of the friends you’d like to refer.

Once you’ve done this, Amex will send an email to your friends with a special referral link. Note that you’ll only get the referral bonus if he or she applies for the business card in question using this link. If your friends use your referral link and their applications are approved, you’ll receive your bonus rewards within six to eight weeks as long as your account is in good standing. You won’t get a notification when someone uses your link and is approved for a business card, but the bonus referral will appear on your card statement.

Is it worth it?

If you hold one of the above business cards and have friends or business contacts who could benefit from opening an account themselves, there’s no downside to referring them. It should only take a minute or two, and the worst case is that no one uses your link or no one is approved, while the upside is that you could earn thousands of points.

Even if you were to successfully refer just one person to the Amex Business Platinum, for instance, you’d earn 25,000 Membership Rewards points — worth $475 based on TPG’s latest valuations. That’s a tidy sum and requires very minimal effort on your part. The friends you refer, meanwhile, will be rewarded with a generous sign-up bonus when they meet the minimum spending requirement.

Bottom Line

This new program provides another avenue for earning extra points, either within the Amex Membership Rewards program or with Delta SkyMiles or Starwood Preferred Guest (or cash back in the case of the Plum Card). If you have friends or fellow business owners who could benefit from opening one of the eligible cards which you yourself have in your wallet, consider taking a moment to visit the Refer a Business page and sending a link their way.

The Enhanced Business Platinum® Card from American Express OPEN

Apply Now
  • Limited Time Offer: Earn up to 100,000 Membership Rewards® points. Offer expires January 25, 2017.
  • Earn 50,000 Membership Rewards points after you spend $5,000 and an extra 50,000 points after you spend an additional $10,000 all on qualifying purchases within your first 3 months of Card Membership.
  • New: Get 50% more Membership Rewards® points. That’s 1.5 points per dollar, on each qualifying purchase of $5,000 or more. You can get up to 1 million additional points per year.
  • Plus, continue to get one point per dollar for qualifying purchases under $5,000.
  • New 50% Airline Bonus: Use Membership Rewards® Pay with Points for all or part of a flight with your selected qualifying airline, and you can get 50% of the points back.
  • New: You can also receive 50% points back on all First and Business class flights, with all airlines available through American Express Travel.
  • You can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Terms & Restrictions Apply
  • See Rates & Fees
Intro APR Regular APR Annual Fee Foreign Transaction Fee Credit Rating
N/A N/A $450 0% Excellent Credit