At the moment, we’re seeing increased welcome offers on two of Amex’s most lucrative business cards. Ordinarily these cards have really unremarkable welcome offers, but at the moment the offers have been improved very nicely — we’re talking doubled on one card, and more than tripled on the other card. If you don’t yet have either card, this is absolutely the time to apply.

I’ll cover the welcome offer on The Blue Business® Plus Credit Card from American Express , which I’d argue is one of Amex’s most lucrative and most approachable business cards, especially for those looking to accrue points. I’ll also talk about The American Express Blue Business Cash® Card , which is essentially the cash back version of the card.

Link: Learn more about The Blue Business® Plus Credit Card from American Express and The American Express Blue Business Cash® Card

The Amex Blue Business Plus Card currently has a welcome offer as high as 50,000 Membership Rewards points after spending $5,000 on purchases within the first three months of card membership. Apply and find out your welcome offer. Welcome offers vary and you may not be eligible for an offer.

Based on my latest miles & points valuations , Amex Membership Rewards points are worth 1.7 cents each, making this offer worth $850. As a point of comparison, previously the publicly available welcome offer was just 15,000 points, so this new offer is potentially worth more than three times as much. For a no annual fee card ( Rates & Fees ), this is pretty incredible.

However, as I’ll explain below, the reason you get the card isn’t just because of the welcome offer, but also because of the long term value that it offers. There are lots of great uses of Amex Membership Rewards points , as they can be transferred to all kinds of useful airline and hotel partners.

In line with Amex’s “once in a lifetime” rule , the welcome offer on the Amex Blue Business Plus Card isn’t available to those who currently have the card, or those who have had the card (or previous versions of the card) in the past. On top of that, Amex’s general card restrictions apply.

There are a few additional things to note :