For those of you not familiar with Amex Offers, it’s a program available through most Amex 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.
At the moment there’s a great new targeted offer on airfare. Specifically, there’s an Amex Offer for a $300 statement credit when you spend $1,500 in one or more transactions with Cathay Pacific by July 31, 2019.
In order to be eligible, you need to book on Cathay Pacific’s US website or via Cathay Pacific’s app. Best I can tell there’s no requirement that the flight need to originate in the US, though.
As you’d expect, this promotion excludes purchases in-person at the airport and in lounges, onboard purchases of food, beverages, and wifi, hotel bookings and car rentals, and other third party bookings.
This promotion is targeted. It’s not as widely targeted as some offers (sometimes I see offers on almost all of my cards), but rather in this case I just see it on one of my cards. The best case scenario is that you see the offer on The Platinum Card® from American Express, since the card offers 5x points on airfare purchases.
Note that I’m only seeing offers for a $300 statement credit for Cathay Pacific purchases, though typically when you see these kinds of offers there’s also a version offering points in lieu of a statement credit, which would be a much better value.
Maybe some people see an offer for 30,000 Membership Rewards points when spending $1,500, which I’d value significantly more (since I value Membership Rewards points at 1.7 cents each).
If you’re planning on booking a Cathay Pacific revenue ticket anytime soon, this is a great opportunity to save 20% on the first $1,500 spent.
This deal is best if you get the offer on The Platinum Card® from American Express, since you can earn 5x points on airfare purchased directly with airlines on that card.
If you were targeted, do you plan on taking advantage of this Amex Offer?
(Tip of the hat to Scott)