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I’m not sure if this is a temporary change (I hope) but American Express has decreased their sign-up bonus on the Platinum card  from 50,000 to 25,000 points. It doesn’t look like the ads have changed yet, so many still say 50,000, but when you click through it will only show 25,000. I will get more clarity on this from my Amex/ad reps in the morning.

This just goes to show that you need to act quickly when there are good deals, because they never last forever. I’m hopeful 50k (or more) will come back for the Platinum card, since it’s an all-around amazing card, but you never know. While 25,000 isn’t nearly as good as 50,000, it’s still a decent deal considering how many benefits come along with the Platinum card. For a frequent traveler, the card can pay for itself many times over.

Otherwise, if you haven’t gotten in on the 100,000 mile Chase British Airways Visa, I recommend doing that sooner than later. The projected end date is May 6, 2011, but it can be pulled at any time. Click here to check out my original post on the deal and the extensive Q&A in the comment section.

The Platinum Card® from American Express

While this premium card has one of the highest annual fees on the market, it has several valuable perks that could make it worthwhile, depending on your travel patterns. These include a $200 annual airline rebate, lounge access, free Hilton Gold status and free Starwood Preferred Guest Gold status.

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More Things to Know
  • Earn 40,000 Membership Rewards® points after you use your new Card to make $3,000 in purchases in your first 3 months.
  • 5X points for flights booked directly with airlines or with American Express Travel.
  • $200 Airline Fee Credit, up to $200 a year for baggage fees and more at one airline. Terms Apply.
  • As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations worldwide. Terms Apply.
  • Enroll to enjoy the benefits of complimentary Hilton HHonors™ Gold Status with your Platinum Card.®
  • No interest charges because you pay your balance in full each month.
  • Terms and Conditions apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$450
Balance Transfer Fee
See Terms
Recommended Credit
Excellent Credit
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.