fbpx

A New Year Means New Credits on Your Amex Platinum and Gold Cards

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.

 

In the world of travel rewards credit cards, with big annual fees come big perks. And that’s most prevalent with the American Express Platinum and Amex Gold Card travel credits issued each calendar year.

These Amex travel credits help offset the cost of annual fees – $250 for the Gold card and $550 for the Platinum. It’s a big part of the reason why we urge readers not to write off credit cards just because of the annual fees. Do it right, and you can come out way ahead.

As we welcome the new year, it is also time to welcome a fresh set of Amex travel credits if you hold either or both the Amex Platinum and Gold Card. Read on to learn more about these credits and how to take advantage of them.

Thrifty Tip: Log in to your American Express account and navigate to the “Benefits” tab to check out handy meters of how much of each credit you’ve used up so far.

 

American Express Airline Credits

Each new calendar year, American Express Platinum cardholders are issued a $200 airline fee credit to be used with their selected airline. If you hold the Amex Gold Card, you will receive a $100 credit. The credit is intended to be used for things like checked baggage, seat assignment fees, itinerary change fees, guest access at a lounge or other incidental fees at U.S.-based airlines will be reimbursed.

As the terms & conditions below point out, you must select one qualifying airline each year for which your credit will apply. Your airline choices are as follows:

  • United Airlines
  • Hawaiian Airlines
  • Frontier Airlines
  • Spirit Airlines
  • American Airlines
  • jetBlue Airways
  • Southwest Airlines
  • Delta Air Lines
  • Alaska Airlines

 

Amex Travel Credits

Amex terms & conditions for the annual travel credit

 

But this is where this credit gets interesting. Several airlines including Delta, American, and Southwest allow you to buy gift cards using these credits. So while a plane ticket won’t trigger the credit, this is an elegant workaround to buy airfare. See the Frequent Miler’s guide on which airlines allow you to buy gift cards.

Thrifty Tip: Trying to buy Delta Gift Cards with your travel credit? Make sure to use the desktop website and buy cards in increments of no more than $50 each, otherwise the credit won’t apply.  And keep in mind you can apply no more than three gift cards per flight booking. 

Whether you’re paying for baggage or gift cards, only one of the airlines mentioned above will trigger these credits, so be sure to log in to your Amex account and select which airline you want to designate. You’ll find this under the “Benefits” tab.

 

Amex Travel Credits

 

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

 

Uber Credits on the American Express Platinum Card

Sorry Amex Gold Card holders: This is only available for Amex Platinum cardholders. The American Express Platinum card might put some tighter strings on travel credits, but they make up for it with another $200 reserved for trips with Uber.

This one’s a bit easier to spend by year’s end, as it’s not given in a $200 lump sum. Instead, you get $15 in free Uber rides each month – except one. In December, it bumps up to $35 in Uber credits for the final month of the year.

 

Amex Travel Credits

Your standard $15 monthly Uber credit jumps to $35 for December, so be sure to use it.

 

Make sure you’ve added your American Express Platinum card to your Uber account, as that’s the key to unlocking the monthly credit. It will apply automatically to your ride no matter whether you “pay” with your Platinum card.

If an Uber ride isn’t in your future, order out with Uber eats, Uber’s food delivery service. The entire $200 annual credit will work for Uber Eats deliveries if you so choose.

 

$50 Off Saks Fifth Avenue

American Express’s latest perk just adds to the Platinum card’s value. The bank added the benefit just this summer, offering $100 in statement credits on Saks Fifth Avenue purchases. These credits are split into $50 installments: one available from January through June, and the second from July through December of each calendar year. 

Before making your purchase, register for the benefit using this link. Then use the card to check out online or in person and American Express will reimburse up to $50. Sadly, neither gift cards nor purchases at Saks’ outlets qualify for the credit. Again, this credit isn’t available for Amex Gold cardholders. 

Saks isn’t exactly a cheap store, but there are plenty of sub-$50 items for sale online.

 

Amex Travel Credits

 

WiFi Credits with the Amex Platinum Business

There are plenty of reasons for small business owners to open the American Express Business Platinum card. But free WiFi passes are a great perk.

Cardholders get 10 free passes to connect on Gogo WiFi-enabled planes every year. Just beware that this is a “use it or lose it” benefit. So if you’ve got this card, be sure to connect to the Internet on your next few flights!

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

 

Amex Travel Credits

 

Amex Gold Card Dining Credit

As a part of the Amex Gold card refresh that was rolled out in October, a $120 annual dining credit was introduced on the card. Each month, cardholders get $10 in statement credits to use at GrubHub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House and participating Shake Shack locations. This benefit is not available to Amex Platinum cardholders.

Click Here to learn more about the Amex Gold Card. 

 

Amex Travel Credits

 

Bottom Line

Now is the time to take advantage of the refreshed Amex travel credits on your Amex Platinum and Gold cards. But first, make sure to enroll for these credits on the benefits tab of your American Express online account. Using these credits is key to taking full advantage of your card membership. 

 

Subscribe to our Newsletter, like us on Facebook, and follow us on Twitter & Instagram

 

Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer.

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.

4 Responses

  1. Barbara says:

    I can’t find the American Express Airline Credits under the Benefits Tab in my Amex card account online. Can you tell me more about where to find it? Thanks!

    • Nick Serati says:

      Hi Barbara, you will only have these credits available if you hold either the Amex Platinum or Gold cards mentioned above. Not the Delta Amex Platinum or Delta Amex Gold card.

  2. Mary says:

    I have an AMEX Gold card and can’t find the Airline Credits under the Benefits Tab in my online account. Do you have to have a specific AMEX Gold card?

    • Nick Serati says:

      Hi Mary, which version of the Gold card do you have? This doesn’t work on the Delta Gold card. Only the Amex Gold card that is pictured at the top of the post.

Leave a Reply

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