Amex Platinum Card 125K Points Bonus
More people have been targeted 3/28/20 – be sure to check your account. (HT DoC)
Also try for the 125,000 points offer through CardMatch if you are not able to get it via this route.
American Express is offering some people a huge bonus for the Platinum Card. Those targeted can earn a best ever 125K bonus with just $5,000 spending. Let’s see more details about this Amex Platinum Card 125K bonus and how to check if you are targeted.
The Offer
- Earn 125,000 Membership Rewards points after you use your new Card to make $5,000 in purchases in your first 3 months. See offer terms here.
This offer was posted on reddit. It is a targeted offer. It shows up in Pre-Qualifed Offers from American Express. If you are eligible for a bonus on this card, then definitely take a quick look to see if this offer or any other good ones show up.
Conclusion
This 125K bonus for the Amex Platinum Card is obviously a tremendous offer. The current public offer is only 60,000 points and some people can get a 125,000 points offer through CardMatch.
The card has a $550 annual fee, but 125K Membership Rewards points are easily worth close to $2,000. On top of that, the card has lots of perks such as $200 in Uber credits annually, lounge access, $200 airline fee credit, free Global Entry, status with Hilton and Marriott and more.
Let us know if you see this offer.
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Can you pay your mortgage with Plastiq to hit the spending threshold?
it seems rent is ok, but not Mortgate
I guess I just look at it differently… I use miles/points towards airline spend… Transferring miles/points to an airline and using them that way doesn’t count towards airline spend 🙁
Let us be real… the 125k points COULD be worth up to $2,000 if you stand on your head…
125K points used to book hotels through AMEX’s portal; Value is $875
125k points used to book flights through AMEX’s portal; Value is $1,250
Both more than make up for the annual fee.. for sure… but MAYBE If you do some transfer magic, you COULD get $2,000 in value… Maybe
or… you could get the schwab version after (unless you hold it already) and cashout the 125k for $1562.50 + potential 60k from schwab at another $750 for a total of $2300+
I mean, 125k x 40% transfer bonus = 175k Avios. Even if you just use those Avios for two RT AA transcons in Flagship J, that’s MINIMUM $2600 saved (assuming you actually “value” those flights at ~$650 each way, which I do). If you use them for ~30 shorthauls within Europe, that could easily be worth $6000+.
Transfer them to Delta – book their 95K round trip Delta One sale – Probably $3-$4000 there 😉
Really it should be easy to get a min of $1800 out of this with how many transfer partners they have. No one should ever book through the Amex portal unless they have a Platinum Biz with the 35% rebate.
Lufthansa First for 87K LifeMiles and points to spare. I’m gonna go with a value of $6,000.