Skip to content

Some cardholders targeted with 25,000-point Amex Platinum upgrade offer

Jan. 26, 2020
3 min read
Woman removes card from wallet
Some cardholders targeted with 25,000-point Amex Platinum upgrade offer
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. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Update: Some offers mentioned below are no longer available. View the current offers here.

Some American Express® Gold Cardholders are being targeted for a 25,000-point upgrade offer for The Platinum Card® from American Express after spending $2,000 in the first three months, according to Doctor of Credit.

For more credit card news and advice, sign up for our daily TPG newsletter.

But is this upgrade offer something you should really consider?

If you've never had the Amex Platinum, you should strongly consider passing up this offer. American Express has a once-per-card-per-lifetime bonus restriction, which means you only get one chance to earn a sign-up bonus for each of Amex's products. If you choose to upgrade using this bonus offer now, you'll never be able to earn the bonus for the Amex Platinum ever again in the future.

(Photo by Ileana Ravasio/Attimi Photography for The Points Guy)
You can get a much better bonus by applying for the Amex Platinum outright instead of going through this targeted upgrade offer. (Photo by Ileana Ravasio/Attimi Photography for The Points Guy)

Considering the Amex Platinum currently offers 75,000 Membership Rewards® Points after you spend $5,000 on purchases in your first 6 months of Card Membership (not to mention the 100,000 points after the same spending requirement you could get through a targeted Cardmatch offer, offer subject to change at any time), 25,000 points to upgrade is a low offer. Taking this upgrade offer could end with you leaving up to $1,500 in value on the table, according to TPG valuations.

Sign up for our daily newsletter

The Amex Platinum is one of the top travel rewards credit cards, with a suite of luxury benefits and a high annual fee to match. Part of the appeal of the Amex Platinum comes in the form of the welcome bonus. The $1,500 value that you earn by hitting the bonus your first year helps take the sting out of the $550 annual fee (see rates and fees).

Related: Who should get the Amex Platinum?

However, there is one circumstance where taking this upgrade offer is a great option — if you've already had the Amex Platinum in the past.

For those who are now ineligible for the standard bonus, an opportunity to upgrade to the Amex Platinum for 25,000 points certain beats not getting any sort of bonus by applying outright. Of course, if you're ineligible for the standard bonus, there's no guarantee that this offer will be targeted to you. But if you do happen to be among those with the offer on their account, it could be worth considering.

Check out our Amex Platinum card review, or apply to earn 75,000 points after eligible spending.

For rates and fees of the Platinum Card, please click here.

Featured image by (Photo by Isabelle Raphael / The Points Guy)
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Top offers from our partners

How we chose these cards

Our points-obsessed staff uses a plethora of credit cards on a daily basis. If anyone on our team wouldn’t recommend it to a friend or a family member, we wouldn’t recommend it on The Points Guy either. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners.
See all best card offers