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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 $200 statement credit when you spend $1,000 in one or more transactions with Qantas by September 23, 2018.
In order to be eligible, you need to book on Qantas’ US website in USD for flights originating in the US.
This promotion is targeted, though at least it seems to be pretty widely targeted, as I see the offer on almost all of my cards. The best case scenario is that you see the offer on The Platinum Card® from American Express ($550 annual fee), since the card offers 5x points on airfare purchases.
While all of the accounts I manage seem to be offering a $200 statement credit for Qantas purchases, typically for these types of promotions there’s a statement credit offer out there, as well as a bonus points offer. In other words, since there’s a $200 statement credit offer out there, there should also be an offer for 20,000 bonus Membership Rewards points with a similar spend requirement on some cards. That would be a much better deal, given that I value Membership Rewards points at 1.7 cents each. So rather than getting $200 back, I’d view that as getting $340 worth of value.
This is obviously only going to be useful if you’re considering booking a Qantas ticket from the US (or even if a friend is booking one, and is willing to let you put the purchase on your card). While the $200 statement credit offer is good, hopefully there’s also a version of the offer out there for 20,000 bonus points, which I’d consider to be a much better value. This deal is even better 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.
Was anyone targeted for the version of the offer for bonus Membership Rewards points, rather than a statement credit?