American Express Card with 15,000 Membership Rewards Points - it's FREE

American Express is offering a new Amex Premier Rewards Gold Card. It is a charge card with no annual fee first year and has a 15,000 Membership Rewards sign up bonus for spending $1,000 in the first three months and another 15K if you spend $30K in a calendar year.

In addition to the free Membership Rewards points, any airline tickets purchased with the card earn 3 points per $ (sweet deal) for the lifetime of the card, and the transfer options to airline and hotel programs are terrific from Membership Rewards cards.

Basically, apply - buy 1000$ US Mint coins the day the card arrives. Deposit the coins - pay off your bill, voila 15000 membership rewards points. American Express Membership reward points transfer 1:1 to most airlines but do look out for the occasional promotions from Delta and others that offer bonus points for transfers. American Express Points don't expire so - wait until you need them. If you want to go for the 15K point bonus after 15K dollar spent - more coins!! :)

Remember - never spend more than 50% of your credit limit - your credit score may or may not suffer point deductions if you get overly exposed. If you have a 15K credit limit - just buy 5K worth of coins - 3x.... Good luck.