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American Express will be discontinuing one of its premium charge card products next year. In January 2019, the Platinum Card from American Express Exclusively for Mercedes-Benz will no longer be available.
The Mercedes-Benz Platinum card is similar to the standard version of the The Platinum Card® from American Express. It offers the same benefits as the personal Platinum like the $200 airline fee credit, $200 in Uber credits, SPG Gold status, lounge access and more — but also adds the following benefits for Mercedes-Benz purchases:
- A $1,000 certificate each year you charge $5,000 in purchases on the card, good toward the future purchase or lease of a new Mercedes-Benz.
- Up to 2,000 excess miles waived at lease-end on leases through Mercedes-Benz Financial Services.
- $100 certificate at renewal of your Card account, good toward Genuine Mercedes-Benz Accessories.
- 5x points on select Mercedes-Benz purchases
When you reach the application page for the Mercedes-Benz Platinum card you’ll see the following message:
Please note that the American Express and Mercedes Benz Card program will end in January 2019. Applicants can continue to apply for the Platinum Card from American Express exclusively for Mercedes-Benz, but, if approved, the Card will be replaced with a different American Express Card at the time when the Card program ends.
The Mercedes-Benz Platinum Card is currently offering a 60,000-point sign-up bonus after spending $5,000 in the first three months of cardmembership. Past history indicates you can still get the bonus on the Mercedes-Benz version of the Platinum even if you’ve already gotten bonuses for other versions of the Platinum card.
The Mercedes-Benz Credit Card from Amex, a non-premium card, will also be discontinued in January 2019. It’s currently offering a 10,000-point sign-up bonus after spending 1,000 in the first three months of cardmembership.
Fortunately you still have nearly a year to apply for the either of the cards before they’re gone. It’s unclear what card you’ll be converted to once Amex shuts down these products, but the Mercedes-Benz Platinum would likely become the standard personal Platinum Card from American Express.
We’ve reached out to American Express for comment but they didn’t respond by publishing time of this story.
H/T: Frequent Miler
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.
- Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
- Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
- 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
- 5X Membership Rewards points on prepaid hotels booked on amextravel.com.
- 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.
- Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
- $550 annual fee.
- Terms Apply.
- See Rates & Fees