The only thing better than earning credit card rewards is earning an additional cash back bonus on top of the reward points you were expecting. That is what American Express offers from its OPEN Savings program.
How this program works
American Express business card holders are automatically eligible to receiving additional points or cash back bonuses on purchases from select retailers. For example, charges at Hyatt hotels earn a 5% discount or two additional Membership Rewards points. Furthermore, this benefit is offered to cardholders in addition to points earned in the Hyatt Gold Passport program.
With Hertz rental cars, cardholders can receive 5% cash back or 2 additional Membership Rewards points for every dollar spent over $500 and up to $2,500, and 10% or 4 additional points on every dollar spent over $2,500 per calendar year per card account. And just like with Hyatt, cardholders are still eligible earn other reward points or miles with Hertz.
For purchases at FedEx Office, cardholders receive a 3% discount or one additional Membership Rewards points per dollar spent on purchases up to $250. On purchases over $250 and up to $1,000, cardholders receive a 5% discount or two Membership Rewards points per dollar spent. And for every dollar spent above $1,000, up to $100,000, cardholders receive either a 10% discount or four Membership Rewards points per dollar spent.
Which cards participate in this program?
Just about every American Express Business card is part of the OPEN Savings program. These cards include the no fee Simply Cash Business Rewards card, the Starwood Preferred Guest Business card, and the high end Platinum business card. Best of all, there is no need to sign up for anything as the rewards are automatic.
When business cardholders consider the impressive savings offered by this program, they will be sure to use their American Express business card to take advantage of these offers.