American Express announced a digital personal checking account that earns Membership Rewards in February. It looks like they are considering a business version of this account that would offer the following:
- 20,000 Membership Rewards sign up bonus
- Card earns 1 Membership Rewards per $2 spent
- Account earns 1.1% APY
- $0 monthly fees
This basically mirrors the American Express business checking account but with a 20,000 point bonus instead of $300 and the rewards on debit card spend.
Hat tip to VFTW