Easy Way to Use Amex Platinum Streaming Credits
Back in May, American Express introduced $320 in statement credits for Platinum Cards on select streaming and wireless telephone services (up to $20 per month on each, from May through December 2020). Ryan posted a guide on how to use these credits, but now there is also an easier way for those who want to redeem for Amazon credit.
Gifting Kindle Membership or eBooks
You can gift it to someone else, and they will have the option to use the membership or redeem the value as a gift card. The recipient will get an email for the gift, with a link to redeem as a gift card in the body of the email, or after clicking ‘get your kindle book now’.
An even better option is gifting an Amazon Kindle eBook. If you gift a book that costs $19.99 you can use up the whole credit without having to spend extra. The recipient will once again have the same option to redeem as a gift card.
Streaming services are pretty popular right now, so you might already be redeeming your credits by just paying for one of those services. But if you don’t currently pay for any streaming services, or if you can get a discount with a different payment method, then this could be a good option to cash out these credits.