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Today is officially Small Business Saturday which means it is time to go support small businesses and get some “free money” from Amex! This is something you should absolutely do for yourself, and also remind your friends and family members to do the same. In case you aren’t already familiar, here are the basics you need to know.
1. Register all of your American Express cards for Small Business Saturday. Hopefully you already did this as the online registration is currently down, though on Twitter it seems you might still be able to register using #AmexShopSmall after linking your Amex card and Twitter account here.
This means consumer and small business Amex cards, authorized user cards with their own unique card number, and even Amex cards issued by other banks (like the Citi AAdvantage Amex cards) are eligible. Corporate and prepaid cards are not be eligible, however American Express Serve and Bluebird are eligible this year! Each registered card is eligible for its own round of up to $30 in Small Business Saturday statement credits.
2. Check the Small Business Saturday Map and find some local business or restaurants that are eligible for the statement credits in your area. It is always possible that a business will work that isn’t on the map, but the safest play is to stick to the map.
3. Go get up to $30 in statement credits on each registered Amex card today only. Each registered card is eligible for three $10 statement credits for purchases at eligible small business of $10 or more. This means you can get a total of $30 in statement credits per registered card.
You will have to have some strategy in order to maximize this promo since it just lasts today and you may have multiple Amex cards all eligible for three $10 statement credits each. Charging $30 in one eligible store will not trigger three $10 statement credits, it would just trigger one. You would need three separate $10 transactions, which could be annoying for retailers, especially on this busy shopping day. However, if you go during an off-peak time (like between lunch and dinner for restaurants) then they may be a bit happier about helping you with multiple transactions….just be nice and leave a tip.
My strategy will be to go to a few small businesses that I needed to visit anyway, and then maximize the rest at a local restaurant by purchasing $10 gift cards to use as stocking stuffers…or to stuff myself with throughout the year. The restaurant we usually visit on Small Business Saturday to load up on gift cards even has a bonus on purchased gift cards this time of year, so it is a very nice double dip! If only they were still part of a dining plan, it would be a sweet triple dip!
I have ten eligible and registered Amex cards (including authorized users), so that should be $300 in statement credits today if we max out the promotion as it is written. Even if you only have a couple of Amex cards, $30 in statement credits per card is a big deal for families, especially that (expensive) time of the year!
How are you planning on taking advantage of Small Business Saturday?!