Travel Amex Platinum drops 10x bonus, retains 100,000-point welcome offer
The best business-class seats to book using Amex Membership Rewards points
Editor’s note: This is a recurring post, regularly updated with new information. It’s fairly easy to rack up American Express Membership Rewards points, between lucrative welcome bonuses and generous earning rates on many American Express cards. However, earning points is one thing — redeeming those points for maximum value (and comfort) is an entirely different …It’s fairly easy to rack up American Express Membership Rewards points, between lucrative welcome bonuses and generous earning rates on many American Express cards. However, earning points is one thing — redeeming those points for maximum value (and comfort) is an entirely different story.
Editor’s note: This is a recurring post, regularly updated with new information including the latest Amex Platinum offer.
The Platinum Card® from American Express has long been one of theout there, thanks to a long list of benefits, a strong earning rate on flight purchases and a solid welcome bonus.
With a wholesale revamp last year, the card now has even more perks (albeit at a higher cost). Currently, the Amex Platinum Card is offering a generous 100,000-point welcome offer after you spend $6,000 on purchases in the first six months of card membership.
Your ultimate guide to American Airlines AAdvantage
American Airlines AAdvantage miles have been devalued over the last few years, but you can still get a ton of value out of the program. And now might be the time to do so. American has made several consumer-friendly changes in recent months, including extending elite status for AAdvantage members, eliminating most change fees and …And now might be the time to do so. American has made several consumer-friendly changes in recent months, including extending elite status for AAdvantage members, eliminating most change fees and pausing mileage expiration. That’s on top of major changes like simplifying the AAdvantage elite status program and adding six months to the mileage expiration policy.
While the previous offer included 10 points per dollar on “Shop Small” purchases in the U.S. and at restaurants worldwide, American Express has confirmed with TPG that this unique welcome offer feature of 10 points per dollar bonus on certain categories has abruptly ended today (Jan. 20, 2022).
Still, the 100,000- point welcome offer is worth a generous $2,000,.
Official application link: The Platinum Card from American Express
Note that you could potentially be targeted for a 125,000-point or 150,000-point welcome bonus by using the. These offers are subject to change at any time.
In addition to an elevated welcome bonus, this Amex card has added a slew of enticing benefits, from up toand an annual statement credit of up to $179 for your . Enrollment is required for select benefits.
6 cards that get you more than $1,000 in value every year
Editor’s note: This post has been updated with new information. There are many reasons to open travel rewards credit cards — and to keep them in your wallet. While introductory welcome bonuses can provide tons of value initially, you’ll want to make sure that you can justify paying any applicable annual fees for years to …There are many reasons to open travel rewards credit cards — and to keep them in your wallet. While introductory welcome bonuses can provide tons of value initially, you’ll want to make sure that you can justify paying any applicable annual fees for years to come.
Unfortunately, along with these recent improvements came a hike to the card’s annual fee, which is now $695 (see rates and fees) — one of the highest annual fees for consumer cards out there.
Let’s review this latest Amex Platinum offer and analyze if it’s worth applying for.
Amex Platinum benefits overview
The Amex Platinum now has a $695 annual fee, which may trigger some sticker shock. But when you dive into its mile-long list of benefits, there’s the potential to recoup that value:
- 5 points per dollar on flights booked directly with the airline or on up to $500,000 in purchases per calendar year.
- 5 points per dollar on prepaid hotels booked with Amex Travel.
- 1 point per dollar on other purchases.
- Up to $200 annual , in the form of a statement credit on prepaid or The Hotel Collection bookings with when you pay with your Amex Platinum.*
- Up to $240 annual , in the form of $20 in monthly statement credits when you pay for eligible purchases with the Amex Platinum at eligible partners.*
- Up to $300 annual , in the form of $25 in monthly statement credits on select Equinox memberships or Equinox+ app.*
- Up to $179 annual Clear credit for your .*
- Up to .*
- Up to $200 in in the form of $15 in Uber credits for dining or rides each month, with an up to $20 bonus in December (for use in the U.S.).*
- Up to each calendar year (up to $50 for January to June and up to $50 for July to December).*
- — including access, lounge access (excluding ), and access when you’re flying same-day Delta flights — through the .*
- Up to $100 application fee credit for every four years or every 4.5 years.
- with and .*
- Elite-like benefits when you book a stay through or .*
- Up to a $155 statement credit that covers the cost of a when paying with the Amex Platinum.
- Up to a $300 statement credit toward a (an Equinox+ membership is required to purchase a SoulCycle at-home bike).*
- Access to the .*
- Access to the .*
- Travel protections when you use your card, including , , and
- that may provide many services when you’re away from home, including .*
- Shopping protections when you use your card, including , and return protection.*
- Multiple , including transferring to and partners, booking travel through and
- Complimentary , or you can add up to three for $175 per year (see rates and fees).
- (see rates and fees).
*Enrollment required for select benefits.
Credit cards that offer elite status for car rentals
Editor’s note: This is a recurring post, regularly updated with new information. Long lines at the rental car counter can be agonizingly slow, especially at busy tourist destinations or at night when fewer staff is present at the rental counter. New to The Points Guy? Sign up for our daily newsletter and check out our …Long lines at the rental car counter can be agonizingly slow, especially at busy tourist destinations or at night when fewer staff is present at the rental counter.
Gallery: 10 Credit Cards That Have Gotten Better During the Pandemic (GOBankingRates)
That’s one of the most exhaustive lists of perks available among. From the annual credits alone, you’re looking at more than $1,800 in value. So, if you can put many of these to use, the Amex Platinum could be worth a place in your wallet — even with that $695 annual fee.
Is this offer worth it?
In early 2021, the Amex Platinum’s public offer was 75,000 Membership Rewards points after you spent $5,000 in the first six months. So, compared to that, the current welcome offer is an improvement.
However, for much of 2021 and into early this year, the bonus also included the incentive to dine at restaurants worldwide and to “Shop Small” in the U.S. That’s no longer available.
Keep in mind that you could be targeted for an even bigger welcome bonus through the. Right now, some new cardholders are being targeted for a 125,000- or 150,000-point welcome offer (offer subject to change at anytime).
Is the Amex Platinum worth it for a points and miles newbie? I booked a trip to find out
Welcome to the first installment of a year-long series where Tarah Chieffi, TPG’s family travel reporter, shares her experience using various points, benefits, credits and access from her first-ever premium rewards credit card, the Platinum Card from American Express. A few years ago, when my husband suggested we sign up for a premium travel rewards …A few years ago, when my husband suggested we sign up for a premium travel rewards credit card like The Platinum Card® from American Express or the Chase Sapphire Reserve, I immediately scoffed at the idea.
The Amex Platinum is one of the best travel cards on the market. As travel ramps back up, applying for the card now could help pay for upgraded experiences on your trips down the road. And since Amex only allows you to earnon each card, it’s imperative to choose wisely when to apply.
Especially if you are targeted for the 125,000- or 150,000-point CardMatch offer, now is an excellent time to apply for the card to rake in a large bonus while earning on common everyday spending categories that generally don’t earn bonus rewards with the card.
Official application link: The Platinum Card® from American Express with a 100,000-point bonus, orto see if you are targeted for a bonus of up to 150,000 points.
Additional reporting by Madison Blancaflor, Stella Shon, Katie Genter and Eric Rosen.
Featured photo by Ryan Patterson for The Points Guy.
For rates and fees of the Amex Platinum Card, click here.
SPONSORED: With states reopening, enjoying a meal from a restaurant no longer just means curbside pickup.
And when you do spend on dining, you should use aand potentially even score special discounts. Thanks to temporary card bonuses and changes due to coronavirus, you may even be able to score a meal at your favorite restaurant for free.
for dining out, taking out, and ordering in to maximize every meal purchase.
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.
IHG Hotels and Resorts introduces its new IHG One Rewards program .
In January 2022, IHG announced several changes to its elite status tiers. We learned about new tiers, requirements and earning rates that would be implemented in March, although IHG Hotels and Resorts later delayed the implementation to April. IHG also noted that we could expect some changes to its loyalty program later in the year. …IHG also noted that we could expect some changes to its loyalty program later in the year. Today, IHG unveiled its loyalty program changes, including some exciting improvements.