We’ll be covering a couple of changes to two different credit cards. The one is good (sort of), and the other is bad.
25,000 American Express Rewards Points for the American Express Platinum Business
Disclaimer: As I started writing this post, I was saying why I wasn’t interested at all in this promotion. However, the more I wrote, the more I was slowly convincing myself to consider the benefits of the card.
Typically, the sign up bonus for this card is NOTHING. For much of 2011 and 2012, there haven’t been any public offers with any type of bonus. There have been some direct mail offers around 50,000 Membership Rewards points. I guess 25,000 points is better than nothing, but unless you’re in a rush, I’d probably suggest you hold out for a better offer.
The 25,000 rewards bonus should go into affect as of 2/20. (If it’s not active at the time this posts, please try back later.) It is a limited time offer, but I’m not sure when the promotion will go back to the normal zero bonus points.
I’ve actually been interested in getting the business version of the Platinum card, so I’m giving it some consideration. Last year, I did get a 50,000 point offer, but at the time I couldn’t swing the minimum spend as I already had several cards.
- 25,000 American Express Rewards points after spending $5,000 in the first three months of having the card
- Annual fee is $450 – not waived for the first year
- Card holders get access to US Airways, American, and Delta airport lounges domestically
- Access to international lounges through the Priority Pass program
- Get reimbursed up to $100 for Global Entry
- Get up to $200 per calendar year refund on qualifying airline fees
How the math can add up to make sense:
Annual fee of $450.
If you are not a Global Entry member, you get that for $0 instead of $100.
In 2013, you can get $200 worth of gift cards at an airline of your choice. In 2014, you can get $200 worth of gift cards.
Thus, for $450 you can end up with Global Entry ($100 value), $400 worth of gift cards, 25,000 Membership Rewards points, and access to airport lounges domestically and world wide.
If you’re interested in applying, you can use this link.
US Airways Sign Up Bonus Reduced to 30,000
As many of you know, I’ve been in PNG and I haven’t had reliable access to the internet. When I returned home, I wrote about the US Airways and American Airlines merger.
What I didn’t realize at that time is that the limited time 40,000 US Airways promotion was over, and now the sign up bonus for the personal card is 30,000 Dividend Miles. There are some reports that there may be a 35,000 bonus offer where the annual fee is waived. This Flyer Talk thread is trying to keep on top of all the changes with the US Airways MasterCard.
Remember, these miles will eventually become AAdvantage miles after the merger with American.
If you didn’t get in on the 40,000 offer, then I guess the lesson is to apply quickly whenever credit card promotions become available.