Amex Platinum Card available with a 60k bonus

Mar 9, 2020

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Editor’s note: This is a recurring post, regularly updated with new information.

The Platinum Card® from American Express is one of the best premium travel rewards credit cards out there, thanks to a long list of benefits, a strong earning rate for flights and a solid welcome bonus.

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(Photo by Wyatt Smith/The Points Guy)
(Photo by Wyatt Smith/The Points Guy)

Currently, you can earn 60,000 Amex Membership Rewards points when you spend $5,000 in the first three months. You could redeem these points for one cent each toward flights booked through the Amex Travel portal. But, TPG’s valuations peg the value of Amex points at two cents each due to the Amex Membership Reward’s program’s selection of transfer partners — including Avianca, Hilton, Etihad and Singapore Airlines — and the variety of redemptions they offer. So, you can expect to get between $600 and $1,200 of value from this bonus, although you may be able to get even more when you transfer your points for select redemptions.

The Amex Platinum has a $550 annual fee (see rates and fees), which can lead to some sticker shock. But when you dive into its mile-long list of benefits, it’s easy to see how you can recoup that value:

That’s perhaps the most exhaustive list of perks available among premium travel rewards credit cards. So, if you can put many of these to use, the Amex Platinum could be worth a place in your wallet.

Bottom line

While the Amex Platinum‘s current standard welcome offer is 60,000 points, it’s worth checking to see if you’re eligible for a 100,000-point bonus through the CardMatch tool. This higher offer is targeted and subject to change at any time, so your mileage may vary.

If you are targeted, TPG’s valuations peg the value of the elevated welcome bonus at $2,000. So, it’s worth checking your offers on the CardMatch Tool regularly.

Official application link: The Platinum Card® from American Express with a 60,000-point bonus

Related reading

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

Featured image by Wyatt Smith/The Points Guy.

Editorial Disclaimer: Opinions expressed here are the 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.

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