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Old Feb 19, 16, 3:27 pm   #1
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Targeted: Personal Platinum new account bonus 10x Membership Rewards (up to 150,000)

I am not a regular in this forum, so please merge this if all the offers are put in one place.

I got a targeted offer today for the personal platinum card that gives 10X Membership Rewards points up to 150,000. Watch your mail.
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Old Feb 19, 16, 4:33 pm   #2
mia
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Is this an offer to open a new card account, or an offer to use an existing account? If it is for a new card is there any other new account bonus?
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Old Feb 19, 16, 5:17 pm   #3
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Quote:
Originally Posted by mia View Post
Is this an offer to open a new card account, or an offer to use an existing account? If it is for a new card is there any other new account bonus?
New card- 10x on first $15,000 during first year.
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Last edited by mia; Feb 19, 16 at 5:31 pm
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Old Feb 19, 16, 5:22 pm   #4
mia
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Couple more questions:

1. Personal or Business card?

2. Does the offer include either of these sentences:

Personal: "Welcome bonus offer not available to applicants who have or have had this product."

Business: "Welcome bonus offer not available to applicants who have or have had this product within the last 12 months."
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Old Feb 19, 16, 5:25 pm   #5
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Quote:
Originally Posted by mia View Post
Couple more questions:

1. Personal or Business card?

2. Does the offer include either of these sentences:

Personal: "Welcome bonus offer not available to applicants who have or have had this product."

Business: "Welcome bonus offer not available to applicants who have or have had this product within the last 12 months."
It's personal. I don't see the 12 month exclusion language anywhere. I never have had the platinum before and I don't know how well AMEX can target.
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Old Feb 19, 16, 5:28 pm   #6
mia
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Thanks. 15,000 points would be the base points, so it's essentially a 135,000 bonus for spending $15,000 in 12 months.
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Old Feb 20, 16, 12:05 am   #7
  
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Definitely a nice way to offset the cost of the annual fee...I know I'd keep the card for another year if given that deal.

Quote:
Originally Posted by mia View Post
Thanks. 15,000 points would be the base points, so it's essentially a 135,000 bonus for spending $15,000 in 12 months.
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Old Feb 20, 16, 11:01 am   #8
mia
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Quote:
Originally Posted by Yoshi212 View Post
...I'd keep the card for another year if given that deal.
It's a new account bonus, instead of the typical 40,000 points. It's not for an existing Platinum Card account.
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Old Feb 20, 16, 12:43 pm   #9
  
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Even better I have the Gold and have been thinking about going Platinum for the bonus. I've spent 20k on my Amex this year.

Quote:
Originally Posted by mia View Post
It's a new account bonus, instead of the typical 40,000 points. It's not for an existing Platinum Card account.
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Old Feb 21, 16, 3:56 am   #10
  
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Since it's a new account bonus, it's the same as earning 150,000 - 40,000 bonus - 15,000 base = 95,000 for an extra $12K spend, which is a pretty decent deal (7.9 points per dollar) if you're going to spend that much anyway.

If you're comparing this with the 100K bonus offer, it actually still holds up. 35,000 points for $12K spend = 2.9 points per dollar, which is pretty tough to get outside of bonus spending in office supply stores (3.9 points per dollar equivalent).
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Old Feb 21, 16, 4:43 am   #11
mia
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Quote:
Originally Posted by Yoshi212 View Post
...I have the Gold and have been thinking about going Platinum
It is improbable that American Express will target an existing Gold account cardholder for a new Platinum Card. More likely you would receive an "upgrade" offer, as discussed here:

Upgrade from Gold to Platinum [USA] [Consolidated]
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