I decided to share a different topic this week that might actually be interesting to many travelers. Let’s talk about the American Express Platinum Card.
Disclaimer: I have not been solicited or been compensated for any endorsement or statements from any parties.
The Platinum AMEX is a very popular and useful card for active travelers. It has many benefits like its Fine Hotels program, travel counselors and the concierge service. So why in the world should you keep the card and pay the really high fees if you cannot travel due to the pandemic (COVID-19).
Well…there are lot of benefits to encourage you to keep the card. Here is a list and believe me, I am using a LOT of them! This one has recently expired, but it was a good one: AMEX gave you streaming credits for every month you used your Platinum card for services like Netflix, Disney+, HULU, etc. It has gone, but maybe it will come back.
On to the active ones!
TSA Pre-Check: First, lets start with Global Entry and TSA Pre-check for US travelers. If you use your Platinum AMEX, the fees are reimbursed when you apply. Major benefit, but a lot of other cards are offering this perk for some reason.
Uber: Next on the travel side, if you link and use your Platinum AMEX in your Uber account, you receive $15 each month automatically loaded in your Uber Cash account plus a $20 bonus in December.
If you are not traveling and taking rides, you can use the cash for Uber eats orders in that month. I do not think the money rolls over month to month though if you do not use it. In addition, you automatically get an annual Uber Eats Pass when you have your Platinum AMEX as your payment card in Uber Eats. Good benefit here if you are frequent user.
PayPal: Since many people are not travelling, here is a new one that is quite a surprise. Through June 30, 2021 you can earn up to $30 in statement credits each month when you use your Platinum AMEX on PayPal.
Best Buy: You can claim this one only twice, but when you purchase something online for $50 or more, you can get a $50 statement credit!
Home Depot: Similar to Best Buy, you get a $50 statement credit on purchases of $50 or more for a maximum of two times at Home Depot. I think it is a good idea to use these ones fast!
Dell: I missed this one previously, but thanks to Ryan Sleevi, I have added the Dell special which gives you a $100 statement credit when purchasing from Dell. It looks like it might apply to all American Express cards.
Wine Insiders: Spend $30+ on eligible purchases, get $30 back, up to two times.
If you add these up, they are worth more than the annual card fees! Know of any others? Add a comment and I will update and spread the word!
Now, if you still do not like the fees, you can get a Platinum AMEX card for free (actually they reimburse you) if you open up a Platinum CashPlus account. A win-win if you ask me.