Update: This offer for The Platinum Card® from American Express has expired. Learn more about the current offers here.
Earlier today I posted about how American Express often has increased welcome bonuses on a targeted basis. These can come in the form of mailers, emails, or even just randomly pop up when you visit the Amex website.
Well, no need to hope for any of the above, as American Express is offering a 100,000 point welcome bonus on the Amex Platinum card at this link. It seems to be publicly available (though it likely won’t last long).
You earn the welcome bonus after spending $3,000 within three months. Just keep in mind that those who have or have had this card in the past aren’t eligible — it’s for first time cardmembers only.
The card has a $450 annual fee, though comes with all kinds of perks which help offset it, including:
- $200 annual airline fee credit
- Access to Boingo hotspots
- Access to American Express Fine Hotels & Resorts
- Access to Delta SkyClubs
- Priority Pass Select membership
- Access to the American Express Centurion Lounges in Dallas, Las Vegas, Miami, New York, San Francisco, Seattle, etc.
- A Global Entry fee credit
I value Membership Rewards points at ~1.7 cents each, so to me 100,000 points are worth $1,700. Even when you subtract the $450 annual fee, that translates to a value of $1,250. And that doesn’t account for all the perks you get, like the $200 airline fee credit, which I value at pretty close to face value.
This is an incredible welcome bonus, so if you don’t yet have the Amex Platinum Card, I’d highly recommend applying through this offer, as it likely won’t last. Credit card offers really don’t get any better than this.