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new amex credits

How to Maximize Your New Amex Credits to Save $500+

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As coronavirus ravaged travel, banks and credit card companies loaded up their popular travel rewards credit cards with new benefits, bonus earning, and money-saving credits to keep customers happy. But few have gone farther than American Express.

From their in-house suite of Membership Rewards cards like the Platinum Card from American Express to the co-branded Delta SkyMiles cards to hotel chain cards with Hilton and Marriott, many travel cards have a slew of new Amex credits and benefits. But keeping track of all these new perks along with the standard benefits is dizzying. And you’re on the clock, as many are set to expire by the end of 2020 if not sooner.

Depending on which Amex card is in your wallet, you could rack up $500 or more in savings by maximizing these new Amex credits.

Here’s a comprehensive guide to many of the new statement credits that can save you money on dining, streaming services, travel, and more on top Amex cards.

 

Get Money Off Your Annual Fee (Maybe)

Paying an annual fee of $250, $550, or more for a travel card when travel is largely on pause may sting. That’s why American Express is giving one of its top cards some relief.
 

new amex credits 

Many American Express Business Platinum cardholders are being targeted for an automatic $200 statement credit when renewing their cards. That essential reduces the renewal fee from $595 down to $395.
 

Business Platinum Card
 

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

Unfortunately, the same can’t be said for the personal version of the card, the Platinum Card from American ExpressIf your renewal date is around the corner, you’re more than likely stuck forking over the $550 annual fee. But be sure to call and ask for a retention offer! Several members of the Thrifty Traveler team have been offered 20,000 to 30,000 Membership Rewards bonus points in exchange for keeping their Platinum cards open another year.

Meanwhile, you may be able to save on your renewal fees with two of Delta’s top credit cards. Cardholders with the Delta SkyMiles Reserve American Express Card are being targeted for a $100 “appreciation credit” if they renew between May 1 and Dec. 31, 2020. That effectively brings the annual fee down to $450. Both personal and business versions are eligible.
 

Delta Credit Card Offers
 

Click Here to learn more about the Delta SkyMiles Reserve American Express Card. 
 

There may be savings in store for the Delta SkyMiles Platinum American Express Card, too. Both personal and business cardholders are being targeted for a $50 appreciation credit, which effectively brings the annual fee down to $200 if you renew between May 1 and Dec. 31, 2020.
 

Delta Credit Card Offers
 

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

 

Put Your Streaming and Cell Phone Service on Your Platinum Card

Got the Amex Platinum Card? Use it to save on Netflix, Disney Plus, Apple Music, Spotify, or your cell phone bill.

Back in May, Amex added $320 in credits for both streaming platforms and cell phone service. These are doled out in $20 monthly credits for streaming services, and another $20 monthly for cell phone coverage. And they last through December 2020, so you’ve got a few more months of savings in store.
 

best credit card for streaming services 

This is a use-it-or-lose-it benefit, so make sure you save as much as you can by charging these bills to your Platinum card. The list of streaming platforms that qualify for the $20 monthly credit is long – check it out on Amex’s site. Most major cell phone providers should qualify, though we’ve seen some issues with Google Fi.
 

amex platinum 1
 

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

American Express Business Platinum cardholders don’t get savings on streaming. But they do get the same $20 monthly credit for cell phone service, plus another $20 monthly credit for U.S. shipping purchases. 

Both of these credits run through December 2020. Just put the charge on your Business Platinum card and the credit should kick in.
 

Business Platinum Card
 

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

And travelers with the American Express Green Card get a $10 monthly credit toward cell phone service all the way through December 2020.
 

amex green card
 

Click Here to learn more about the American Express Green Card. 

 

Book Travel through AmexTravel.com

Now this is a fun one.

American Express has added a $200 credit to the Amex Platinum Card for purchases through their travel portal, Amextravel.com. This one is also targeted, so not every cardholder will get it upon renewing their Platinum Card. On the bright side, there’s no rush to use it: You can use this credit for Amex Travel purchases from Aug. 1, 2020 all the way through Dec. 31, 2021.
 

new amex credits 

Once you’ve confirmed this credit is attached to your account, just head to Amextravel.com and book a flight, hotel, rental car, or cruise. The $200 credit will kick in automatically.

Read more: Remember to Use Your New $200 Travel Credit, Amex Platinum Cardholders!
 

amex platinum 1
 

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

Shop at Dell with New Amex Credits

American Express Business Platinum cardholders really won the Dell lottery this year.

Normally, these cardholders get $200 in statement credits for purchases from Dell: $100 in the first half of the year, and another $100 in the second half. But Amex has doubled it.

That means $200 in statement credits from January through June, and another $200 from July through December to use at Dell.com. Just put Dell purchase on your Business Platinum Card and it will kick in automatically.
 

Business Platinum Card
 

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

And it’s not just computers and laptops for sale at Dell these days. From Bose noise-canceling headphones to flatscreen TVs and other consumer electronics, there is plenty to buy with these credits. Read our guide on the best ways to use these Dell shopping credits.

Got the personal Platinum Card from American Express? You may be in luck, too. American Express recently rolled out a new Amex Offer with a $100 credit for $100-plus in Dell purchases. That’s right: $100 in free shopping at Dell.

And while this offer is targeted, it seems widely available. Just log into your Platinum card account, add the offer to your card, and get to shopping.
 

amex platinum 1
 

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

 

Use Your Top Hilton, Marriott Cards at Restaurants Soon!

You don’t have long to maximize this one on two top-of-the-line hotel credit cards.

The American Express Hilton Honors Aspire Credit Card comes with a $250 annual credit for Hilton resorts.

 

Hilton Honors Aspire

 

Click Here to learn more about the Hilton Honors Aspire Card. 
 

And on the American Express Marriott Bonvoy Brilliant Card, you get a $300 annual property credit.

 

Bonvoy Brilliant

 

Click Here to learn more about the Marriot Bonvoy Brilliant American Express card.

With most travel on pause, you can use both credits at restaurants (including takeout and delivery)… but only through Aug. 31, 2020. So if you don’t have Hilton or Marriott stays in your future, the clock is ticking to maximize these credits on your dining.

Read more: Last Chance! Use Hilton, Marriott Credits at Restaurants

 

Bottom Line

Most travel is on pause, and that’s a drag. But there is a ton of money on the line with these new credits American Express has added to many of their top travel cards. Be sure to squeeze every cent you can out of them on dining, travel, entertainment, and more.

 

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.

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