Amex Refreshes Lineup: New Benefits for Platinum & More Coming!

This post may contain affiliate links; please read our advertiser disclosure for more information.

amex new benefits

Amex Refreshes Lineup: New Benefits for Platinum & More Coming!

American Express is looking to help cardholders during the coronavirus pandemic by adding new benefits and refreshing cards. These improvements will provide perks that can be used while travel is out of the question, and could come as soon as next month.

“We are adding several new benefits, services and rewards to our premium Card products and Membership Rewards program that are relevant to the evolving needs of our customers during this time,” was said during the first-quarter earnings call on April 24th. American Express has already announced some improvements that we have covered in the past here at Miles to Memories, such as discounts when using points to shop at Amazon, and extra points for some meal delivery services such as GrubHub and Seamless.

Amex Platinum Card

Improvements could come to the popular Amex Platinum Card, which is geared toward travelers. “If you look at our platinum card where you have fine hotels and resorts and you have Uber credits and you have other travel benefits and lounges and so forth,”  CEO of American Express Stephen Squeri said in the call. He added that “you will see other enhancements there from wireless to streaming to maybe some other types of travel credits which can be used in the future over a time period.

In Canada, American Express is offering Platinum cardholders double the value when they cash out their points, plus they can earn double points on every category for a limited time.

Other Cards Refreshed in May

Other American Express cards will also see improvements. “What you’ll see coming out in early May is actual product refreshes to a number of our products”, said Stephen Squeri. This “will infuse additional value in addition to the value that a card may have.” We have also heard rumors in the past about new premium cards form American Express. I doubt that would happen during the pandemic.

“For air or hotel related co-brand cards, and in particular to those cards where fees were raised, you’ll see extensions on benefits, but you’ll also see other things that are non-hotel, non-air related which will provide more utility to the card in general.”

More Offers, Credits & Rewards

In the call it was also said that American Express is adding more “limited time offers, credits and rewards on stay-at-home services, such as wireless, streaming, grocery and food delivery” for both Amex and co-brand card customers.

We will also see offers for “business essentials like wireless office equipment and shipping” for small business customers.


This information that comes from the the first-quarter earnings call, hints at lots of improvements. But there is really not many specifics so we will have to wait a couple of weeks to see how this materializes. Fee increases weren’t mentioned, so let’s home that we get some extra stay-at-home benefits without having to pay up more.

Let us know what perks and benefits you thing would be useful right now.

HT: Doctor of Credit

Based in NYC. Points/miles enthusiast for years and actively writing about it for the last two years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

More Like This


Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.


  1. I have a USAA brokerage account that becomes Schwab brokerage account on May 26,2020.
    Do you know if I will be able to switch my regular AMEX Platinum card for the Schwab version of the card? If so, will there be a hard inquiry on my credit report?


Please enter your comment!
Please enter your name here


SoFi Money $50 Bonus!

Super easy bonus! Sign-up and deposit $500 or more and they'll pay you $50! That's it!
Grab Your $50 SoFi Bonus Now!

Webull - 2 Free Stocks!

Brokerage app Webull is offering 2 Free Stocks! Just open an account and fund with $100 to get your stocks valued up to $1600! Super easy!
Grab your 2 free stocks now!

Subscribe To Our Newsletter

Join thousands of MtM readers who are subscribed to receive a once daily email with all of our posts. Never miss out!

You have Successfully Subscribed!