American Express Platinum

HUGE: Earn Up to 225K Points (Or More!) on the Amex Platinum Card

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For more information check out our Advertising Disclosure.

The credit card bonus offer arms race continues. On the heels of Chase ending its best-ever sign-up bonus on the Chase Sapphire Preferred Card, American Express has just rolled out the best offer we’ve ever seen on the Platinum Card from American Express – their top tier travel rewards credit card.

You can now earn 75,000 American Express Membership Rewards points after spending $5,000 in the first six months of card membership. That’s up from the standard offer of 60,000 points – plus you’ve got twice the usual three-month period to earn them. But it gets even better.

Thrifty Tip: Try searching for the Amex Platinum in an incognito browser to see if you can pull up the better 100,000-point welcome offer – or even 125,000 points, both with the 10x bonuses! If not, we appreciate if you apply through our links.

In addition to the welcome bonus itself, you’ll also earn 10x points for every dollar you spend at both gas stations and at supermarkets in the U.S. on up to $15,000 in combined purchases in the first six months of card membership! That’s the most lucrative bonus you’ll find for spending at supermarkets or gas stations. If you maximize it by spending $15,000 over six months, you’d earn another 150,000 Membership Rewards points for a total of 225,000 points.

One important caveat: This offer is only available for new cardmembers. Existing Platinum Card from American Express cardholders won’t be eligible to earn 10x points per dollar spent at both U.S. gas stations and supermarkets.

amex platinum 1

Click Here to learn more about the Platinum Card from American Express. 

This new welcome offer is in addition to all of the other benefits offered by the Platinum Card. This includes temporary credits for both cell phone billing and streaming credits through the end of the year (Dec. 31, 2020). Keep reading for a full list of benefits on the American Express Platinum Card, and make sure to read our full review.

Best Ever Offer on the Amex Platinum Card

Platinum Card from American Express Card Benefits

Welcome Offer Bonus: Earn 75,000 Membership Rewards Points after spending $5,000 in the first six months of card membership. Earn 10x points for every dollar you spend at both U.S. gas stations and at U.S. supermarkets on up to $15,000 in combined purchases in the first six months of card membership! This is a limited time offer!

$200 Annual Uber Credit: Each year you hold the Platinum Card, you will receive $200 toward Uber rides. You will be issued $15 each month, and $35 in the month of December ($200 total). You’ll also get a complimentary Uber Eats Pass membership.

$200 Airline Incidental Fee Credit: Each year you hold the Platinum Card, you also receive a $200 credit to use with one selected airline. The credit is intended to be used for things like checked bags, change or cancelation fees, seat assignments, lounge access, and more.

Earn 5x Points per Dollar Spent on Airfare: Spent directly with any airline or through the American Express travel portal at amextravel.com. There is no cap on how many points you can earn at the 5x rate. It’s the best card for booking airfare.

The Best Lounge Access Offered From Any Credit Card: Get complimentary lounge access to the Amex Centurion Lounges, Delta Sky Clubs (when flying Delta), Priority Pass Lounges, and other Lounge networks like the Escape lounge.

$100 Application Fee Credit for Global Entry or TSA PreCheck: If you apply for either Global Entry or TSA PreCheck and pay with the Platinum Card, the application cost will be reimbursed ($100 for Global Entry and $85 for TSA PreCheck). You can use this credit once every four years, and membership in either program is good for five years.

$100 Annual Credit for Saks Fifth Avenue: Each year of card membership, you will receive two $50 credits to be used at Saks Fifth Avenue stores. One $50 credit will be available from January through June, with another available from July through December. Read our post on 7 ways to use your Saks Fifth Avenue credit.

Hilton Honors & Marriott Bonvoy Gold Elite Status: Just for holding the Platinum Card you will receive complimentary Marriott Bonvoy and Hilton Honors Gold Elite status without having to meet any stay requirements. We think Hilton Honors Gold Elite status is the best mid-tier hotel program. Free breakfast during your travels for you and a guest can save you hundreds of dollars during your travels.

Trip Delay & Cancellation Coverage: If you pay for your round-trip flight with the Platinum Card – or put the taxes and fees from an award flight on it – you will be eligible for trip cancellation and trip delay coverage. Read more about Amex’s travel coverage here

Annual Fee: $550 and it is not waived for the first year of card membership. Are you an active-duty military member? American Express will completely waive your annual fee.

amex platinum 1

Click Here to learn more about the Platinum Card from American Express. 


Our Analysis

This is one of the best credit card offers we have ever seen, period.

At $550 a year, the American Express Platinum Card isn’t cheap. And it may seem fruitless given you can’t use many of this card’s benefits while most travel is on pause.

But this is an unbeatable chance to pile up a ton of points for your future travels. You can easily earn 75,000 points after spending $5,000 within six months. That’s twice as long as the typical three-month period most credit card companies give you to meet a spending requirement.

But as we’ve all shifted our spending during the pandemic, the ability to earn 10x on groceries and gas stations in the U.S. is unparalleled. While spending $15,000 over the next six months may be a tall order, maximizing this new bonus category would allow you to earn another 150,000 Amex points. That makes this bonus almost four times as large as the standard 60,000-point welcome offer.

And even if you only spent a total of $5,000 in these categories over and months, you would still earn an additional 50,000 American Express Membership Rewards points. It is an insane deal and easily makes this the best card for both categories for new cardmembers. Sadly, existing Platinum Card from American Express cardholders will not be eligible for this new category spending bonus.

Read: How to Hit Minimum Spend (And Earn That Bonus) Responsibly on Credit Cards.

This new offer gives you the ability to earn up to 225,000 Membership Rewards points if you can maximize the 10x points bonus. That is an insane amount of value. At the very minimum, you should be able to get $2,225 in value out of these points, but it is likely you can get much, much more.

Make sure to read our post on 9 Great Ways to Redeem an Amex Platinum Bonus. Amex has a fantastic list of transfer partners, including Delta, ANA, Virgin Atlantic, and many others that you can get a ton of value out of.


Bottom Line

This is the best ever offer on the Amex Platinum Card. American Express allows you to earn the bonus on all of their card products once per lifetime. So if you’ve never had the Platinum Card, there has never been a better time to jump on this best-ever offer.

American Express has not yet communicated an end date to the offer. We just know that it is available for a limited time. Don’t wait if you are thinking about it.

amex platinum 1

Click Here to learn more about the Platinum Card from American Express. 

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

2 Responses

Leave a Reply

Your email address will not be published. Required fields are marked *