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American Express Business Line of Credit, formerly Kabbage Funding, is offering a $250 cash incentive for U.S. businesses that apply and get approved for a line of credit. American Express Business Line of Credit provide banking services directly to small businesses and consumers, using an automated service to provide loans quickly to qualified customers.
- Update 3/21/2023: The Kabbage business checking brand is being discontinued.
- Update 2/2/2023: Product name updated. Kabbage Funding is now American Express Business Line of Credit.
- Update 11/14/2022: The Kabbage Funding line of credit offer is back with a higher bonus. U.S. small businesses that apply and get approved for a business line of credit can earn a $250 incentive (prior offer was $200). The offer is back until 2/28/2023.
American Express is also offering a 30,000 Membership Rewards point offer (worth approximately $600) for a new business checking account. Read about it here.
American Express Business Line of Credit $250 Offer
- What you’ll get: $250
- Where it’s available: Nationwide
- How to earn it:
- Available to any U.S. small business.
- Apply and be approved for a line of credit between now and the expiration date at 11:59pm EST.
- Then, verify your designated business bank account on or before the expiration date.
- When it expires: 2/28/2023
READ MORE: See Promotions From Chase Bank, BMO Harris, Bank Of America, TD Bank, And U.S. Bank
Fine Print
- This offer is provided by American Express® Business Line of Credit.
- American Express® Business Line of Credit loans are issued by American Express National Bank (AENB)
- AENB will deposit $250 into the verified business bank account you’ve successfully linked to Kabbage Funding within 30 calendar days from the date the designated business bank account is verified.
- Limit one offer per new Kabbage Funding account.
- This offer (i) is not available to existing Kabbage Funding customers, (ii) is non-transferable, and (iii) cannot be combined with any other offer.
- They reserve the right to modify or revoke this offer at any time.
- You may not receive the offer, if we determine in our sole discretion that your account is not in good standing, has a disconnected bank account, and/or you have engaged in abuse, misuse, fraudulent activity, or gaming in connection with the offer in any way or that you intend to do so.
- They may also cancel your Kabbage Funding account and other accounts you may have with them.
- The offer may be taxable income to you and may be reported on IRS Form 1099.
- You are responsible for any federal or state taxes resulting from the offer.
- Please consult your tax advisor if you have questions about the tax treatment of the offer.
- They reserve the right to modify or revoke this offer at any time.
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