American Express has put out a new promotion with a $250 statement credit for the SimplyCash card. The card is geared towards Small Businesses and carries no annual fee.
You can get a $250 statement credit after you spend $3,000 on qualifying purchases within the first 3 months of
Card Membership. To be eligible for this offer, you must be approved by April 28, 2014.
5% and 3% apply to purchases up to $25,000 per rebate year, then 1% thereafter. Cash back earned is automatically credited to your statement.
It provides a discount of 5% at office supply stores and utilities. This is similar to the Chase Ink Bold card which gives 5 points instead of 5% CashBack.
I currently hold this card with AMEX and have been happy with it. It's a great product to switch another card with an annual fee to to preserve the age of your oldest credit line.