As part of its efforts to support small businesses that are feeling the economic impact of the coronavirus, American Express is running a Shop Small promotion that offers cardholders money back.
When you enroll an eligible Amex card by July 26 and use that card to spend $10 or more at a participating small business, you can earn $5 back, up to 10 times for a total of $50 back.
The promotion runs through September 20, and both personal and business Amex cards are eligible to enroll.
You can find participating businesses in your location through the Amex Shop Small tool. I was happy to find that a wide variety of shops and restaurants were participating in varied locations.
See Business Insider’s list of the best American Express cards »
Consumer spending has been down over the last several months due to the coronavirus pandemic, and the economic downturn is hitting small businesses especially hard. According to research conducted by American Express, 62% of small businesses in the US need spending to return to pre-COVID-19 levels by the end of 2020 in order to stay in business.
To help jumpstart consumer spending at the local level, Amex has pledged more than $200 million over three months to support small businesses. And part of that effort is an offer for cash back when cardholders shop at small merchants.
American Express Blue Cash Preferred® Card from American ExpressEarn up to $50 back when you use your Amex card
To take advantage of this promotion, you need to have a consumer or business Amex card. That includes virtually every card you could apply for through the standard channels, such as The Platinum Card® from American Express, the Blue Cash Preferred® Card from American Express, the American Express® Gold Card, or the The Business …read more
Source:: Business Insider