Chase started a bit of a frenzy when they offered 100,000 points as a new customer bonus on the Chase Sapphire Reserve last year. Something about 100,000 is so appealing. If large credit card bonuses are your thing, we have good news for you.
American Express has released some new targeted offers into the wild, and they can be found in CreditCards.com'stool. CardMatch will use a soft credit pull to match you to special offers from American Express, pre-qualified offers from Capital One, and relevant offers from Bank of America and Chase. You'll need to provide some basic information like name, address, and last 4 of your SSN to get matched, but the reward may just be worth it. Seeing an offer doesn't guarantee approval, you'll still need to submit an actual application and go through the hard inquiry process.
We were able to get matched to a 100k AmEx Platinum offer (normally 60k), a 30k AmEx Everyday Preferred offer (normally 15k), and a $250 cash back Blue Cash Preferred offer (normally $150) on 11/7/2017. Keep in mind these offers can be targeted by user, may not always be available, and there are always terms that apply to receiving your bonus!
American Express Membership Rewards points can be tricky. They can be used for some retailer gift cards at a value of 1 cent per point. AmEx also has a number of airline and hotel partners that you can transfer Membership Rewards points to. You can read more about that here. We recently (begrudgingly) cashed in 50,000 points for a $500 Home Depot gift card. This goes against our moral fiber, as we'd rather be on the beach, but sometimes life happens and cash equivalents win. Thanks a lot, water heater.
Even if you aren't matched to an AmEx card, it's a good idea to compare your matched results to the cards in your wallet. It's not uncommon for spending habits to change over the course of a year. Make sure you are maximizing your rewards and saving those pennies where you can. Who knows, you may find yourself that much closer to your next vacation or your next water heater.