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American DreamCard Announces Sweepstakes Payouts of Over $500,000

by Peter Andrew
American DreamCard Announces Sweepstakes Payouts of Over $500,000

Unlike cash back credit cards that give small rebates on every card purchase, the American DreamCard MasterCard offers very big rebates–but only if you’re lucky enough to win its sweepstakes.

Launched in 2004, the American DreamCard offers a monthly sweepstakes among its cardholders that pays out at least $25,000. The total payout to American DreamCard customers now exceeds $500,000. Of course, the number of winners is small compared to the total of card carriers, but the promise of a big payoff obviously entices some who could choose a guaranteed cash rebate elsewhere.

American DreamCard cardholders receive one entry for every $1 spent with the card, up to 1,000 entries per purchase. New applicants also receive 1,000 sweepstakes entries. A monthly jackpot of $25,000 (which may grow depending on the amount of money spent by all cardholders) is then given out based on drawings held in the middle of each month.

The American DreamCard is issued by HSBC Bank.

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