Amex Platinum Card 125K Points Bonus
More people have been targeted 05/06/20 – be sure to check your account.
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 100,000 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.
HT: Doctor of Credit
Can you pay your mortgage with Plastiq to hit the spending threshold?
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.