50K Points for AMEX Business Rewards Gold and Aeroplan Transfer Bonuses-Worth It?

Deal Updates: American Express is offering 50,000 Membership Rewards points for the Business Gold Rewards Card after spending $5000 in 3 months.

Separately, Aeroplan is offering bonuses ranging from 1000 bonus Aeroplan miles when you transfer hotel points into 5000 Aeroplan miles, to 40,000 Aeroplan miles when you transfer hotel points into 150,000 Aeroplan miles.

I'll cut right to the chase: I think the AMEX Business Gold Rewards offer IS worth it to many folks, with the lower minimum spend, but the Aeroplan offer is NOT worth it for most people, although it may be worth it for very specific redemptions.

AMEX 50,000 Membership Rewards Points for the Business Gold Rewards Card: Worth It for Many

In the past, the limited time offers for the AMEX Business Gold Rewards Card have been 75,000 points for $10,000 in spend, so this new offer, even though it's for fewer points, is better if you'd have trouble meeting $10,000 minimum spend, but can meet $5000 minimum spend.

Here are the key offer terms:

• 50,000 Membership Rewards bonus points for spending $5000 in 3 months
• Offer Bonus ID A3WP
• No set application deadline, so apply soon if you want this offer
• “Welcome bonus offer not available to applicants who have had this product or any other Business Gold, Green or Platinum Card account within the last 12 months”
• No annual fee the first year, then $175

Note in particular the eligibility: you're still eligible if you've have or had a personal AMEX card within the past 12 months; but not if you've had an AMEX business Gold, Green or Platinum card.

AMEX Membership Rewards points are great if you're looking to transfer points and book Singapore First Class or Singapore Suites, or to transfer to several other Membership Rewards airline transfer partners. See Top 10 Best Ways to Use AMEX Membership Rewards Points