Amex Offers A New Limited-Time Referral Bonus


Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Targeted offers are discussed in the article below. Please note that these offers are not available to all applicants. Any information related to targeted offers has been collected independently and has not been reviewed or provided by the card issuer.

American Express is now offering a generous bonus reward for referrals: Through May 22, 2024, you can earn an extra 10X rewards or 10% cash back per dollar spent at restaurants worldwide (for three months on up to $25,000) after you refer a friend and they’re approved for a qualifying card*.

Starting Feb. 22, if you have an eligible Amex card and refer a friend, you can earn an extra 10X rewards or a bonus of 10% cash back per dollar spent at restaurants worldwide for three months, on up to $25,000 in purchases. To trigger the bonus, your friend needs to apply by May 22, 2024 and then be approved for the card. Terms apply.

Let’s say you have the Blue Cash Everyday® Card from American Express, for example. The card already earns you 3% cash back at U.S. supermarkets (up to $6,000 per year in purchases, then 1%); 3% cash back at U.S. gas stations (on up to $6,000 per year, then 1%); 3% cash back on U.S. online retail purchases (on up to $6,000 per year, then 1%); and 1% cash back on other purchases. With the new referral bonus, you’d also earn 10% cash back per dollar spent at restaurants worldwide for three months (up to $25,000 in purchases). That’s a good deal for a card with a $0 annual fee.

Blue Cash Everyday® Card from American Express

  • Rewards

    3% cash back at U.S. supermarkets on up to $6,000 per year in purchases, then 1%, 3% cash back at U.S. gas stations, up to $6,000 per year, then 1%, 3% cash back on U.S. online retail purchases, on up to $6,000 per year, then 1%. Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits or at Amazon.com checkout.

  • Welcome bonus

    Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months.

  • Annual fee

  • Intro APR

    0% intro APR for 15 months on purchases and balance transfers, from the date of account opening

  • Regular APR

  • Balance transfer fee

    Either $5 or 3% of the amount of each transfer, whichever is greater.

  • Foreign transaction fee

  • Credit needed

See rates and fees, terms apply.

This offer truly shines when applied to a card that already earns rewards at a high rate. The Blue Cash Preferred® Card from American Express, for instance, is one of the best credit cards for groceries. It offers 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%); 6% cash back on select U.S. streaming subscriptions; 3% cash back at U.S. gas stations; 3% cash back on transit (including taxis/rideshare, parking, tolls, trains, buses and more); and 1% cash back on other purchases.

The addition of the 10% cash-back referral bonus per dollar spent at restaurants can very well allow this card to compete with the American Express® Gold Card — the ultimate card for foodies — for the three months the promotion is active (through May 22, 2024).

Blue Cash Preferred® Card from American Express

  • Rewards

    6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% cash back on select U.S. streaming subscriptions, 3% cash back at U.S. gas stations, 3% cash back on transit (including taxis/rideshare, parking, tolls, trains, buses and more) and 1% cash back on other purchases. Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout.

  • Welcome bonus

    Earn a $250 statement credit after you spend $3,000 in purchases on your new card within the first 6 months. 

  • Annual fee

    $0 intro annual fee for the first year, then $95.

  • Intro APR

    0% for 12 months on purchases from the date of account opening

  • Regular APR

    19.24% – 29.99% variable. Variable APRs will not exceed 29.99%.

  • Balance transfer fee

    Either $5 or 3% of the amount of each transfer, whichever is greater.

  • Foreign transaction fee

  • Credit needed

See rates and fees, terms apply.

Speaking of the Amex Gold, if that’s the card your friend is approved for through this referral offer, they could earn a welcome bonus plus 20% back in statement credits after they use their card at restaurants, up to $50 in three months. Terms apply.

The following consumer cards from Amex are eligible for the promotion:

The following business cards are also eligible:

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The new referral bonus offer from American Express allows eligible cardholders to earn extra rewards on dining out. Amex has a large portfolio of popular cards, so you can likely find something appropriate to recommend to friends and family. Remember that they don’t have to apply for the same card you have — Amex lets you earn the bonus no matter which card your friend is approved for.

At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every personal finance article is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of financial productsWhile CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics.

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For rates and fees of the American Express® Gold Card click here

For rates and fees of the American Express® Gold Card click here

For rates and fees of the Delta SkyMiles® Gold American Express Card click here

For rates and fees of the SkyMiles® Platinum American Express Card click here

For rates and fees of the Delta SkyMiles® Reserve American Express Card click here

For rates and fees of the American Express® Blue Business Cash click here

For rates and fees of the American Express® Blue Business Plus click here

For rates and fees of the American Express® Business Gold Card click here

For rates and fees of the American Express® Business Platinum, click here

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.





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2024-02-23 22:26:05

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