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A few days ago while working on another piece, I stumbled onto Amex's webpage for The Platinum Card® from American Express. The welcome offer I came across was a jaw-dropper: You may be eligible for as high as 175,000 Membership Rewards® Points after spending $8,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer. (American Express is a Motley Fool Money advertiser.)
As someone who's written about credit cards for years, I can say that this is one of the biggest welcome bonuses I've ever seen. Offers like this don't come around often, and they usually disappear quickly, too.
If you've never owned the Amex Platinum Card before, this might be your shot to lock in a lucrative points haul. Keep reading to learn how much this bonus is really worth and how to know if you qualify.
On American Express' Secure Website.
Terms apply
Rates & Fees
On American Express' Secure Website.
Terms apply
Rates & Fees
Good/Excellent (670-850)
Intro APR
Purchases: N/A
Balance Transfers: N/A
APR
See Pay Over Time APR
Rewards Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel® up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel®. 1X Membership Rewards® Points on other purchases. Terms apply.
1X-5X Membership Rewards® Points
Annual Fee
$695
Welcome Offer You may be eligible for as high as 175,000 Membership Rewards® Points after spending $8,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.
As High As 175,000 points. Find Out Your Offer.
This luxury travel card has some of the most prestigious perks you'll find — access to over 1,400 airport lounges, elite status with Hilton and Marriott Bonvoy (enrollment required), and spending credits worth over $1,500 in value every year. Just be ready for the hefty annual fee, which can be offset in the first year with a welcome offer. Terms apply.
Read Full ReviewAmex Membership Rewards® points can be redeemed in several ways, but you'll often get the best value when you:
If you're a frequent traveler -- or even just have one big trip planned -- this bonus could go a long way toward covering it. You'll just want to make sure you can hit the spending requirement of $8,000 in the first 6 months.
Ready to hit the jackpot in travel rewards? Apply for the Amex Platinum Card for as high as 175,000 bonus points today.
Even without its current bonus, the Amex Platinum Card can provide serious value for frequent travelers and big spenders. Some of the most valuable perks include:
In all, the Amex Platinum Card offers thousands of dollars in annual perks, more than enough to make up for the $695 annual fee (see rates and fees). It's one of the best travel cards out there, bar none.
Amex only allows you to earn a welcome offer once per lifetime, per card. That means if you currently have, or have ever had, the Amex Platinum Card, you almost certainly won't qualify for the current bonus of as high as 175,000 points.
Also, American Express uses targeted offers, which means not everyone will qualify for the same welcome bonus. You'll want to check your offer before applying.
Want to check your eligibility? See if you prequalify for the Amex Platinum Card today, with no impact to your credit score.
This welcome bonus makes the Amex Platinum Card one of the best travel card offers out there right now -- if you qualify and can meet the $8,000 spending requirement in the first 6 months. Combine that with premium benefits, and it's a strong value for people who travel often and enjoy luxury perks.
If you've never had this card and have been considering it, now is absolutely the time to apply.
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