American Express® debuts $50 offer for cardholders to support small businesses

American Express® cardholders can help out their favorite small businesses while earning up to $50 in statement credits.

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

wine store reopening for business

The COVID-19 pandemic has wreaked havoc on the economy, which went from flourishing to struggling seemingly overnight as many businesses were forced to close. Small businesses have taken a large brunt of the economic impact.

In response, American Express® has launched their Shop Small® initiative, offering American Express® cardholders up to $50 in statement credits for spending at small businesses. If you have an American Express® consumer credit card, you may be able to support your favorite small business and save money at the same time.

How to use the Amex small business $50 credit

This promotion is a simple way to support small businesses, as well as save up to $50 on your purchases. Here are the offer details:

  • Eligible and enrolled U.S. card members can receive $5 back after they spend $10 or more at an eligible U.S. small merchant when they shop online, curbside or in-store.
  • Each card can redeem this offer up to 10 times, earning a total of $50.
  • Only one offer per card member. Card members with two or more cards can only select one card to activate this offer.
  • You must activate the offer by July 26, 2020.
  • This offer lasts through Sept. 20, 2020.

You'll find the offer listed under "Amex Offers & Benefits" on your account homepage, if you own a qualifying American Express® credit card. To activate the offer, log in to your American Express® account. From there, select the credit card you want to enroll in the offer and click the “add to card” button. You should receive a confirmation email once you are enrolled.

American Express

The next step is to research which businesses qualify under the Shop Small® program. To do this, visit the Shop Small® website. From here, you can search for eligible businesses to shop at.

American Express Location

Which American Express® credit cards qualify?

While the cards below are our favorite American Express® credit cards, note that these are just a few cards that qualify for this offer.

All U.S. Amex consumer and business cards and registered American Express® Serve and Bluebird cards are eligible for the Shop Small® Amex offer.

American Express® credit cardBest for...Welcome offerAnnual fee
American Express® Gold CardDining and travel35,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 3 months.$250
The Platinum Card® from American ExpressLuxury travel60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.$550
Blue Cash Everyday® Card from American Express$0 annual fee$150 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.$0
Blue Cash Preferred® Card from American ExpressMaximizing cash back$250 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.$95
Delta SkyMiles® Gold American Express CardDelta flyers35,000 bonus miles after you spend $1,000 in purchases on your new Card in your first 3 months.Enjoy a $0 introductory annual fee for the first year, then $99.

For rates and fees of the American Express® Gold Card, please click here.

For rates and fees of The Platinum Card® from American Express, please click here.

For rates and fees of Blue Cash Everyday® Card from American Express, please click here.

For rates and fees of Blue Cash Preferred® Card from American Express, please click here.

For rates and fees of Delta SkyMiles® Gold American Express Card, please click here.

Brett Holzhauer

Brett Holzhauer is ValuePenguin’s travel rewards expert, focusing on credit card rewards maximization, consumer travel trends, and personal finance news. He has earned and burned over 5 million points and miles throughout his travels, saving him roughly $75,000 in travel expenses.

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The products that appear on this site may be from companies from which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). ValuePenguin does not include all financial institutions or all products offered available in the marketplace.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say the card has a 2.5% rewards rate on dining and travel (2 x $0.0125) and a 1.25% rewards rate on everything else (1 x $0.0125).