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Canada Amex Platinum 60,000 Points Sign-Up Bonus

by on February 11, 2013 · 11 comments

in American Express, Canada

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Although the current public offer on the Platinum Card from American Express in Canada is 50,000 Membership Rewards points when you make $1,000 in purchases in the first three months, TPG reader Erik points out that there is actually another offer on the card for 60,000 bonus points (if you get referred) when you make $3,000 in purchases in the first three months.

Amex Platinum Canada 60k

Here are the rest of the terms:

  • Access to over 1,000 airport lounges world-wide including the Platinum Lounge Benefit, the Airport Club Program and Priority Pass
  • Earn 1.25 Membership Rewards points for every dollar in purchases charged to your Platinum Card
  • Extensive travel benefits, including a $200 Annual Travel Credit
  • $699 Annual Fee (30% annual interest rate applies to balances not paid in full)

Although this offer is still lower than the recent 100,000-point bonus that American Express was offering on the Platinum Card for a single day back in January that required only $1,000 in spending in the first 3 months, it’s still the highest offer we’ve seen in a while on the Canadian version of the card.

This card has the same set of features and benefits as the US version. You’ll notice the annual fee is higher at $699, and that 30% interest rate is through the roof (though not unusual for charge cards like this), but if you don’t have any credit issues or trouble paying your bills off on time, that shouldn’t be an issue, and you’ll notice that the earning rate is more favorable than the one in the US at 1.25 points per dollar, which means you can reap some real value here if you’re a (responsible!) big spender.

As I said, I haven’t seen a better publicly available offer on this card out there (though if you know of one and have a link, please share!), so if you’ve been thinking about getting in on it, now might be the time. The $3,000 spending requirement is higher than the $1,000 for the 50,000-point offer, but getting 10,000 extra points for spending $2,000 extra is worth it in my opinion, especially if that’s within your budget anyway.

This also beats the current public offer on the US card, which is just 25,000 Membership Rewards points when you spend $2,000 in the first three months – though hopefully Amex will bring back higher limited-time sign-up bonuses like last month’s 100k offer and previous ones of 50,000-75,000 in the near future, so stay tuned for future Amazing Deal Alerts in case something interesting comes up.

 

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.

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  • Jerry

    Is this a REFERRAL link. Used to be that regular signup is 50K, and if one uses a referral link to signup, then one can get 60K (and you’ll get 15000)

    and honestly, you cannot compare to the USA version of AMEX where you guys have 100K or 75K signup all the time, and have more MR transfer partners

    CANADIAN AMEX PLATINUM also has unlimited Priority Pass with free +1 guest (vs. USA’s Priority Pass SELECT), I believe.

  • Meyers Miles

    Can I have this card if I’ve already had the US version of the Plat? Does Amex consider them two different cards? And I am American and live in the US, is this something I am even eligible to apply for?

  • Ryan

    The real difference is that the Canadian MR program is vastly inferior to the US. Only Air Canada and BA (and that is a recent change) transfer 1:1, others like Delta is .75. BA has had one 50% promo a few months back which can make this more worth it. There is a Platinum Corporate card that gives you 1.5 points per dollar.

    Anyone know, if you can cancel this card within 60 days and have the annual fee refunded? That works well for the US cards.

  • DBest

    Indeed, looks like someone is trying to get referral bonus of 10k from strangers, a violation of Amex Canada’s T&Cs. FWIW, anyone with a Canadian Amex can refer their friends to the same offer, and some on FT have even been able to do self-referrals and get the bonus in their own account.

  • thepointsguy

    It’s not my referral link and was passed along by a reader. If its the best deal on the market I don’t think it matters if its a referral or not and I have no way of verifying. If Tpg readers want to offer referrals, please feel free to comment below

  • thepointsguy

    I don’t recommend canceling within 60 days because they can take back points. I like to wait at least 6 months and then get a prorated refund. That works in US- not sure about Canada

  • Family Guy

    I’m happy to refer any TGP readers for the same offer if anyone is interested. Simply email me at familyman092004 at yahoo dot com

  • Ryan

    Cancelled several us platinum a within 60 days several times. Received full refund and never lost points. As a dual us canada citizen I have cards from both countries, just never had the guts to try and cancel the Canadian version.

  • http://twitter.com/jeff_at_cankm Jeff Kay

    Here is a link for a 20k AMEX Gold with 1st year free: goo.gl/bVPzK

    May I ask who gets compensation given that all your AMEX affiliate offers are getting put on your top deals?

  • http://www.facebook.com/dan.rydell.71 Dan Rydell

    If you’re a resident in both countries, and have credit histories in both countries, then yes. Otherwise, it’s very unlikely.

  • http://www.facebook.com/dan.rydell.71 Dan Rydell

    Cancelling right away is counterproductive. It tells the card issuer you never planned to be a customer of theirs. Why not hold on to the card for the whole year, or most of it?

    In Canada, you (generally) wouldn’t be able to apply for another card again any earlier, and it’s likely your account will get flagged.

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