Starting TODAY, February 1st, you can take advantage of an awesome American Express promotion, which I wrote about a few weeks back. Throughout the entire month of February, you can receive a $50 statement credit after spending $200+ at 2 or more participating New York City merchants. Merchants include over 300 clothing stores, restaurants, museums, broadway shows, etc. See entire list here. The promotion is limited to the first 20,000 registrations, so make sure to register quick.
My Strategy: My husband and I have 4 Amex credit cards in total and shop at Costco quite often. Since my local Coscto is a participating merchant, I will be purchasing 4 $200 gift cards on each card for a total of $800. This will give us $200 back in statement credits, which ultimately results in 25% off our Costco shopping for the next few months! Since you need two participating merchants on each card, I will also make a very small purchase ($1-$2) at my local Ricky’s. Rickys NYC has many locations all over NYC and carries everything from shampoo to Halloween costumes to Bachelorette party items. Another inexpensive purchase can be at Dylan’s Candy Store – it will make you feel less guilty knowing that it is for free money!
To take full advantage of this promotion, you can purchase gift cards from many of the participating stores/restaurants. This will allow you to get the $50 statement credit without having to make the purchase during the designated time frame. Just make sure to purchase the gift card from the store directly and not online as those purchases will not count.
For those of you who are outside NYC and will not be in town, I’d suggest calling a participating merchant and see if you can order a gift card directly through the store and have it shipped. My assumption is that you will probably have better luck at a restaurants than a large chain clothing store. Many stores/restaurants are national chains so the gift cards can be used anywhere. Some of these merchants include: Anthropologie, Banana Republic, Bloomingdale’s, Bobby Van’s Steakhouse, The Capital Grille, Cole Haan, Dave & Buster’s, Diesel, H&M, Loehmann’s, Lord & Taylor, Macy’s, Steve Madden.
Just make sure to call a participating merchant and ensure that they are making the transaction at their store and not having it go through a central office. The transaction must happen at a participating store to trigger the statement credit.
I know I’ve mentioned this before, but I really LOVE LOVE LOVE American Express! Well… I love that they are giving me free money!
Keep up the good work American Express! Make sure to register today.