Amex Platinum Cardholders, You've Got a New $200 Amex Travel Credit to Use!
Amex Platinum retention offer

Amex Platinum Cardholders, You’ve Got a New $200 Amex Travel Credit to Use!

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.

American Express has been busy over the past few months adding new benefits to their travel credit cards, trying to keep customers around when travel is on hold. But one change to the Platinum Card® from American Express sticks out above the rest.

As travel unraveled last spring, American Express added a brand new $200 travel credit for purchases through Amextravel.com, Amex’s travel portal. This is different (and much easier to use) than the Platinum card’s existing $200 annual airline fee credit.

Platinum cardholders can use this brand new credit to book flights, hotels, and more through Amextravel.com. It’s available for many cardholders who renew their accounts through March 2021. And it’s eligible for travel purchases from Aug. 1, 2020, all the way through Dec. 31, 2021 – so there’s no rush to use it. Just put the charge on your Platinum card and it should kick in automatically.

 

amex platinum $200 amex travel credit

 

But not so fast: Not every single Platinum cardholder will automatically get this credit. It’s unclear why some cardholders make the cut and others don’t, but American Express has made clear that only “select” cardholders will get the credit. It’s possible that some cardholders who accepted a massive retention offer of points or cashback won’t get this additional travel credit upon renewal.

“Select U.S. Consumer Platinum Card Members can earn up to $200 in statement credits when they book through Amex Travel and make eligible travel purchases between August 2020 and December 2021. Eligible Card Members will be notified if they are eligible for this offer upon their renewal,” an Amex spokeswoman said in a statement.

If this new Amex Travel credit is available, you should see it on your homepage after logging into your Platinum Card account. And you may see it when you log into Amextravel.com, too – just check this link to see if your travel credit is live.

 

amex platinum travel credit

 

Otherwise, just fire up a chat in your Amex account and confirm with an agent that the new $200 travel credit is attached to your account.

In many ways, this is like the $300 annual travel credit on the Chase Sapphire Reserve Card. There are some strings attached to this new credit: Unlike the Chase travel credit, you must make your purchase through the Amex Travel portal. But that’s much easier to use than the convoluted Amex airline fee annual credit, which has only gotten harder to use over time.

Read more: Will the Amex Platinum Card’s New Travel Credit Become the New Standard?

 

amex platinum card

 

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

 

What This New Amex Travel Credit Means

This is just another way to try to convince cardholders to keep their accounts open when many of the perks that come with Amex Platinum card benefits – lounge access, airline credits, etc. – aren’t usable. And American Express has been doing a lot of that lately.

Many of those new perks have focused on non-travel benefits: Amex offered $20 monthly credits for both streaming services and cell phone coverage to the Platinum card through 2020, then replaced that with a $30 monthly PayPal credit through June 2021. Amex offers for shopping at Dell, Best Buy, Home Depot, and other retailers just sweeten the deal with more value.

But even with most travel still on pause, it’s clear American isn’t giving up on travel for the Platinum Card. And this new $200 travel credit makes that obvious. Separately, American Express also added potentially lucrative offers to book select hotel stays through the first half of the year.

“We have a great core travel proposition, that is not going to change,” American Express CEO Steve Squeri said. “Consumers are dying to travel, they’re banking points, attrition is at an all-time low.”

Read up on how American Express pivoted in 2020 – and what it has up its sleeve in 2021. 

 

$200 amex travel credit

 

The best part about this new one-time credit is that it’s good all the way through 2021. Together with all the other credits and Amex offers, Amex has added more than $600 in value to the cards. Stacked against the $550 annual fee (see rates & fees), it could make sense to keep the card open.

Read more: Why You Should Have the American Express Platinum Card

 

Bottom Line

Amex is doing a lot to entice customers to keep their travel rewards credit cards open at a time when travel isn’t possible. And this new credit for Amex Travel is an extension of that.

This credit is far more straightforward than many of the new and existing benefits on the Amex Platinum card. It’s now eligible for cardholders to use to make travel purchases through Amex Travel. And it’s good all the way through December of 2021.

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.

7 Responses

  • My account renewed on March 29th, of course!! I just called American Express to see if I could still get this perk extended to me. They said this perk is not for all card holders, just targeted card holders. I thought that was odd, is that what your team is hearing? The article made it sound like all who renewed April 1st and after.

  • I had the same issue, renewed in Mid-March. I chatted with their support team and they let me know I was not eligible.

  • Do you know if the $20 monthly credit for streaming and wireless applies to the Delta Skymiles Platinum card as well?

  • renewed April 16, 2020 and I assumed I got the credit. I chat with them today and was notified that I am not eligible. A bit disappointing to say the least.

  • I called to ask and they told me I was not eligible, and it was too late to cancel and get a refund of my yearly fee. I was told I was not eligible for a retention bonus either and all I could do was to pound sand.

Leave a Reply

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