This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

American Express does a great job at engaging its cardholders with targeted discounts, social media campaigns and more. You might be familiar with its Link, Like, Love promotions, or the targeted discounts you can find in your online account that offer cash back when you shop with certain merchants. Amex has also been innovative in partnering with various other companies such as Amazon and Uber to let cardholders redeem points directly for purchases.

Now, the company has launched a new payment service called Amex Express Checkout, and cardholders who use it on or before September 7, 2015 will get a $10 statement credit off their online purchase at participating merchants.

When you check out, simply select Amex as your payment method, enter your account info and the fields will populate automatically.
When you check out, simply select Amex as your payment method and enter your account info, and the fields will populate automatically.

Before you get too excited, the list of participating merchants is still fairly limited:

  • Barkbox
  • Burberry
  • Laithwaites Wine
  • Ledbury
  • Newegg
  • Sabon
  • Ticketmaster
  • Virgin Wines
  • Warby Parker
  • WSJ.com or WSJwine.com

On the plus side, while you’re limited to one $10 statement credit per Amex account, you can receive that statement once per participating merchant, so that’s up to $100 of savings per Amex card. In addition, Newegg.com sells gift cards to tons of merchants, and those gift-card purchases qualify for the $10 statement credit, so you could potentially take advantage of this for purchases you end up making elsewhere.

To trigger the statement credit, choose American Express as your payment method when you check out after shopping with a participating merchant online, and then look for the Amex Express Checkout button as shown on the Burberry site below.

Look for the new Amex Express Checkout button when you select Amex as your payment method.
Look for the new Amex Express Checkout button when you select Amex as your payment method.

You will then be prompted to enter your account login information, and all your Amex card accounts should pop up so you can select which card you’d like to use. Amex then does the work for you and populates the credit card information, billing and shipping fields, and then you’re done.

Is this groundbreaking? Not really. But it’s a good chance to save a couple bucks if you were planning on making some purchases with your Amex card anyway, so you might as well take advantage. If you end up using the new service, share your experience in the comments below, and let us know how long it takes for your $10 statement credit to post to your account.

For more information, see Redeeming Amex Membership Rewards Points for Maximum Value.

The Platinum Card® from American Express

The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.

Apply Now
More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Up to $200 for Uber rides annually. Credit and Uber VIP status available to Basic Card Member only.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards® points on eligible hotels booked on amextravel.com.
  • 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 around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$550
Balance Transfer Fee
See Terms
Recommended Credit
Excellent/Good
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.