Take advantage of $100 offer from American Express : spend $500 with Green card

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Note: You can exchange 10000 points for a $100 gift card. http://www.membershiprewards.com/catalog/shopping/

See examples of gift cards from Dell, Home Depot, GAP, etc here (You may have to use Firefox or Netscape, not Internet Explorer to see AmEx Rewards website!!!).

Terms:

Earn 10,000 Membership Rewards bonus points when you spend $500 in your first 3 months of Cardmembership-redeemable for up to $100 in Gift Cards upon point credit at participating retail, dining, and entertainment partners.

The annual fee for the Preferred Rewards Green Card and the Additional Preferred Rewards Green Card will be waived for the first year. Then, the annual fee will be $95 for the Basic Card and $30 for up to 5 Additional Cards and $30 for each Additional Card after the first five.

To be eligible to earn bonus points, you must be enrolled in the Membership Rewards program at the time of spend and you must charge $500 of eligible purchases in your first three months of membership, on an eligible, enrolled American Express Preferred Rewards Green Card. 10,000 bonus points will be credited to your Membership Rewards account 6-8 weeks after you meet the spend requirement. Limit one offer per Card Account. Bonus ID 2856. Bonus points may be redeemed for up to $100 in gift cards upon point credit at participating retail, dining, and entertainment partners. Terms and Conditions of the Membership Rewards program apply. Visit www.americanexpress.com/terms or call 1-800-AXP-EARN (297-3276) for more information. Participating partners and available rewards are subject to change without notice.