For those of you not familiar with Amex Offers, it’s a program available through most American Express cards, where different cards are eligible for different savings and bonus offers. In many cases the offers can be huge, and more than offset the annual fee on a card.
To view Amex Offers, go to the bottom of the account summary page of any American Express card, where you’ll see all the offers you’re eligible for. These offers come in different forms, including discounts and even in some cases bonus points.
Well, we’re just seeing a great new targeted Amex Offer that can save you money on flights.
With this new, targeted Amex Offer, you can receive a $40 statement credit when you spend $200 in one or more transactions with Alaska Airlines by January 31, 2020. This is essentially an opportunity to save 20% on the cost of an Alaska Airlines flight, which is great.
The basic conditions to be aware of are as follows:
- You need to spend $200, but it can be in multiple transactions
- The flight must originate in the US, and the purchase must be in USD
- The terms don’t indicate that you actually have to book a flight, but rather that it needs to be a valid purchase on alaska.com, and can include things like airfare, upgrades, baggage fees, lounge fees, etc.
Let me once again emphasize that this offer is targeted, though on the plus side it at least seems to be fairly widely targeted, as I see the offer on multiple accounts.
The ideal situation is that you have this offer on The Platinum Card® from American Express, since it offers 5x points on airfare purchased directly with airlines. I value Membership Rewards points at 1.7 cents each, so to me that’s the equivalent of an 8.5% return on spending right there.
When you add up both the $40 statement credit and 5x points, you’re potentially looking at some very nice savings.
I continue to be so impressed by how much value Amex Offers adds to Amex cards, as in many cases these offers alone more than justify the annual fees on cards.
Were you targeted for this offer, and if so, do you plan on taking advantage of it?