When my husband closed The Business Platinum Card® from American Express he’d had for a couple of years, he still had a Membership Rewards balance with no place to go. Opening an Amex Rewards Checking account gave his points a home and cost us nothing, with no monthly maintenance fee. We expected the checking account to be mostly useful for rewards and to earn a new-account welcome offer, but found that it has enough ongoing value with a 1% APY,…
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