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  • Costco currently only accepts American Express cards.
  • Soon, Costco will accept Visa cards.
  • Starting April 1, 2016 (in 13 months), Costco will no longer accept American Express.

This is primarily of interest to me because many people who fill out my Free Credit Card Consultation Form let me know that they need an AMEX because they do a lot of their shopping at Costco. (And because Costco’s pre-cooked ribs are such a fantastic way for a bachelor to cater a party.)

It turns out Citi is taking over the contract to issue a Costco card and will issue a Citi Visa. But you will be able to use any card with the Visa logo, not just the Citi Visa Costco card to pay at Costco.

A quick refresh on what American Express, Citi, and Visa are:

  • Citi is a bank that issues credit cards like Chase, Barclaycard, and others.
  • Visa is a payment network like MasterCard and others.
  • American Express is both a bank that issues credit cards and a payment network. All cards issued by the bank American Express are processed by the American Express payment network. This includes AMEX-branded cards like the Platinum or Premier Rewards Gold and co-branded cards like the Delta credit cards. Some cards issued by other banks are processed on the payment network American Express. I used to have a Citi (issuing bank) American Airlines American Express (payment network.)

Citi will be the issuing bank for the Costco credit card, but any card on the Visa payment network will soon be accepted at Costco. Look in your credit card drawer, and I’m sure you already have quite a few cards with the Visa logo. These will all be accepted at Costco. If you don’t have any and want a new credit card, fill out this form for personalized suggestions based on your travel goals and other factors.

HT Dan’s Deals

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Pay your award taxes and fees with the Arrival Plus then redeem Arrival miles to remove the charge.

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2015 means a new $200 airline fee credit for anyone with an American Express Platinum card. This is one of the biggest benefits of the card, and one you can turn into $200 worth of airline tickets.

I have a Platinum Business card that I opened in September 2013.

  • In 2013, I bought $200 worth of American Airlines gift cards and was rebated $200 on my statement.
  • In 2014, I bought $200 worth of American Airlines gift cards and was rebated $200 on my statement.
  • This week, I bought $200 worth of Delta gift cards and was rebated $200 on my statement.

American Express makes you pick one airline on which to receive your airline fee credit, so to change mine from 2014 to 2015, I had to go to this page and make my new selection.

The American Express Platinum airline fee reimbursement is only meant to reimburse airline fees not ticket purchases or gift card purchases. However, the decision of what to reimburse is left to a computer algorithm, so some gift card purchases are reimbursed. The reports of FlyerTalkers should be your guide, but your experience may vary.

This FlyerTalk thread explains how to turn the $200 airline fee credit into $200 worth of Delta gift cards. The process is different for gift cards from each airline, so check out this post where I link to threads on each airline.

According to the FlyerTalk thread, only $50 Delta gift cards were being reimbursed by American Express, so I bought four in one $200 purchase on January 8, and my $200 was reimbursed on January 10.

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You have to wait 72 hours after purchase to redeem a Delta gift card. About 73 hours after my purchase, I purchased a $121.60 one way flight from Greensboro to Tampa in March with my gift cards. I still have $78.40 worth of Delta gift cards.

The FlyerTalk thread also explains that you can only use three forms of payment on a single Delta purchase. That means you can use three $50 gift cards like I did or two plus a credit card to pay the amount greater than $100.

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Further Reading

Keep in mind that with the Citi Prestige® Card your annual airline fee credit is $250, that this credit does apply to ticket purchases, and that this credit applies to all airlines instead of just the one you select. For these reasons, I plan to get a Citi Prestige® Card soon. My review of the Citi Prestige® Card.

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Some folks who type their information into the Card Match tool are getting offers for the:

  • American Express Platinum with 100,000 bonus Membership Rewards after spending $3,000 in the first three months
  • American Express Premier Rewards Gold with 50,000 bonus Membership Rewards after spending $1,000 in the first three months
  • Amex Everyday Preferred Credit Card with 30,000 bonus Membership Rewards after spending $2,000 in the first three months.

Hat Tip The Points Guy and View from the Wing

Head to the Card Match tool, and you’ll find out if you’re matched in just a few seconds. Although it asks for your Social Security Number, the tool does not generate a hard credit pull, and creditcards.com is a large and reputable site.

It appears that very few people are being targeted, leading to a lot of angry people in the FlyerTalk thread discussing the deal. From that thread I learned that some people are being targeted for the 100k offer, but if you are not targeted and try to change the online application to your name and information, you will get an error when you try to submit the application. From the comments on The Points Guy’s thread, I’ve learned that calling American Express and asking for the 100k offer doesn’t work.

Bottom Line

You probably aren’t targeted for three amazing American Express offers by the Card Match tool, but why not take a few seconds to find out if you are.

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Two weeks ago I reviewed the Citi Prestige® Card, which comes with 30,000 bonus ThankYou Points after $2,000 in purchases made with your card in the first 3 months the account is open, $250 in airfare or airline fee credits per calendar year, access to the American Airlines Admirals Clubs and Priority Pass lounges, 3x points per dollar on air travel and hotels, and a $450 annual fee.

Commentor Guarav asked me to compare the card to a similar offering, the American Express Platinum card:

“Scott–I’d be curious to see a comparison on your thoughts between this and the AX platinum product.”

This comparison will be useful for anyone considering getting a premium credit card–one of those cards with an eye-watering annual fee and huge benefits. I’ll break down the comparison by:

  • value of points
  • sign-up bonus
  • category bonuses
  • lounge access
  • statement credits
  • other benefits
  • annual fee

I’ll foreshadow a little bit by saying that although many of the benefits of the Citi Prestige® Card and American Express Platinum are similar, there are subtle differences in the programs that could make a huge difference to you, so the better card depends heavily on your travel habits and preferences.

Note: I am using the Platinum Card® from American Express Exclusively for Mercedes-Benz (the card on the right) as “the Platinum Card” for this analysis because it is the best personal Platinum Card offer open to everyone.

Value of Points

The American Express Platinum earns Membership Rewards, which I value at 2 cents each. The Citi Prestige® Card earns ThankYou Points, which I value at 1.7 cents each.

Membership Rewards can be transferred to 17 airlines and 4 hotels.

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There are frequent transfer bonuses including the current 40% bonus on transfers to British Airways.

Citi ThankYou Points transfer to nine airlines and one hotel:

  • Cathay Pacific Asia Miles
  • EVA Air Infinity MileageLands
  • Etihad Guest
  • Garuda Indonesia Frequent Flyer
  • Qatar Privilege Club
  • Singapore Airlines KrisFlyer
  • Thai Airways Royal Orchard Plus
  • Air France/KLM Flying Blue
  • Malaysia Airlines Enrich
  • Hilton HHonors

My two ThankYou Points favorite transfer partners are Singapore Airlines and Air France Flying Blue. (Click links to see why.) These are both also transfer partners of Membership Rewards, which has a host of other valuable transfer partners for Americans:

  • British Airways
  • Virgin Atlantic
  • ANA
  • Aeroplan
  • Delta

Beyond having fewer good partners, ThankYou Points have never had a transfer bonus, so Membership Rewards are clearly the better trasnferable currency.

ThankYou Points do have one far better use than Membership Rewards though, buying plane ticket with points.

  • Membership Rewards let you buy tickets with your points and give you 1 cent per point in value.
  • ThankYou Points earned on the Prestige offer you 1.33 cents toward any flight or 1.6 cents toward any American Airline or US Airways flight.

That makes ThankYou Points far better for saving cash on low-cost carrier tickets–which are often impossible to book with miles–or American Airlines and US Airways flights if you are going for status on one of those airlines, so you want to fly paid tickets. (Airlines see tickets purchased directly with points as paid tickets because American Express or Citi is buying the ticket on your behalf.)

Because I mainly like to transfer my points to airline miles and Membership Rewards have more good partners and occasional transfer bonuses, I value Membership Rewards at 2.0 cents and ThankYou Points at 1.7 cents. Your values should be different.

If you want to use the points for paid tickets, ThankYou Points are better. If you are only interested in flights to South America, Europe (economy), and Hawaii, ThankYou Points are just about as good as Membership Rewards, which open a larger advantage if you are also interested in short hops (Avios) and Business Class to Europe.

Sign Up Bonus

  • AMEX Platinum (Mercedes-Benz-co-branded version open to all): 50,000 Membership Rewards after spending $3,000 in the first three months
  • Citi Prestige® Card30,000 ThankYou Points after spending $2,000 in the first three months

Multiply the points by your value of the points to figure out how much more valuable the sign up bonus on the American Express Platinum is. The bonus on that card is worth $1,000 after spending $3,000 to me. The sign up bonus on the Citi Prestige® Card is worth $510 after spending $2,000 to me.

Category Bonuses

  • AMEX Platinum: 1 Membership Reward per dollar on all purchases
  • Citi Prestige® Card
    • Earn 3x points on Air Travel and Hotels
    • Earn 2x points on Dining at Restaurants and Entertainment
    • 1 ThankYou® Point per $1 spent on other purchases

After hitting the minimum spending requirement on the American Express Platinum, it doesn’t offer an attractive proposition to continue spending on the card. There are several Membership Rewards-earning cards that offer category bonuses, but not the Platinum. It is simply a card to hold for its benefits.

The Citi Prestige® Card aims to be more than that. It aims to be a card you actually use day-to-day, and I think it succeeds. All the benefits of the Citi Prestige® Card are primarily valuable to travelers, so I will assume the average cardholder spends quite a bit on air travel and hotels, which rack up ThankYou Points at a rate of 3x per dollar. Restaurants and entertainment–common costs while traveling and at home–earn 2x per dollar.

I know a lot of people, for simplicity, only want to have one card. I don’t think the AMEX Platinum has any case to be your one card because the earning rate is so low. The Citi Prestige® Card could be that card if you want a card with good earning and great benefits (below) as long as you can get good value out of ThankYou Points (above.)

To figure out the extra value of the Citi Prestige® Card‘s category bonuses, multiply your dining and entertainment by your valuation of ThankYou Point as if it were a percentage and your air travel and hotel expenses by double your valuation of a ThankYou point.

For instance, I spend about $7k on dining and entertainment and $3k on airfare and hotels per year. I value ThankYou points at 1.7 cents.

7000 * 1.7% + 3000 * 3.4% = 221

That’s $221 of extra value per year from having the Citi Prestige® Card‘s category bonuses versus none on the AMEX Platinum. I imagine many people spend quite a bit more than me in those categories. For them, the Citi Prestige® Card would be even more valuable.

Lounge Access

  • AMEX Platinum: Priority Pass Select + Delta SkyClubs when flying Delta + American Express Centurion Lounges
  • Citi Prestige® Card: Priority Pass Select + American Airlines Admirals Clubs when flying American
  • AMEX Platinum lounge access comes with no free guests except at Centurion Lounges. Citi Prestige lounge access comes with free guests

Somehow Citi has worked out a deal that at Priority Pass-affiliated lounges and American Airlines lounges, so you can bring in your family (spouse, domestic partner, children under 18) or up to two guests for free.

American Express does not offer the same deal. You pay $29 for guests into SkyClubs and $27 for guests into Priority Pass clubs. You do get free guests at Centurion Lounges (spouse, domestic partner, children under 18 OR up to two guests), but there are still very few Centurion Lounges.

Which lounge benefits you like more completely depends on your travel style. If you fly more American flights, you’ll like the Prestige. If you fly more Delta flights or flights where there is a Centurion Lounge, you’ll like the AMEX Platinum.

If you travel with your family or co-workers a lot, you’ll love the free access they get to lounges with the Prestige.

Most people who are paying the $450+ annual fee year after year for one of these cards are primarily doing it for the lounge access, so think carefully about which set of lounge access works better for you.

I do a lot of international travel where Priority Pass lounge access is more important than Delta, American, or Centurion Lounge access. Most of my travel is alone, so the guest benefit doesn’t help me. I value both types of lounge access at about $150 per year, but most people would value lounge access far higher. (I almost never drink in lounges.)

Statement Credits

  • AMEX Platinum: $200 per calendar year for airline fees (shouldn’t but often does work for airline gift cards). $100 once every five years for Global Entry.
  • Citi Prestige® Card: $250 per calendar year for airline fees or airline tickets. $100 once every five years for Global Entry

The Citi Prestige® Card is the clear winner in the statement credit game. Its airline credit is larger and much more flexible. The AMEX Platinum makes you set one airline on which to receive fee credits, and to buy gift cards with the credit you often need to buy gift cards worth $100 or less. The Citi Prestige® Card allows you to get credits on all airlines and even against plane tickets, so everyone should easily max out $250 per year.

These benefits make both cards a great idea for at least one year, since you can get two calendar year credits in the first year of cardmembership plus the Global Entry credit. You’ve already more than offset the big annual fees on the cards.

Other Benefits

Both cards offer tons of other benefits like purchase protection, trip insurance, and concierge services. Both cards are highly similar in these areas, and I don’t use these benefits much. Read the terms and conditions on either card for full lists.

There is some differentiation though. The AMEX Platinum offers free SPG Gold elite status while you hold a Platinum card. The Citi Prestige® Card offers the 4th night free on hotel stays booked through its travel provider.

Which benefits you more depends–again–on your travel style.

Annual Fee

The annual fee on the Platinum Card® from American Express Exclusively for Mercedes-Benz (the card on the right) is $475. You pay it with your first statement, and again 12 months later if you don’t cancel the card. The annual fee on most Platinum cards is $450, but this card’s worth paying $25 extra for for the much bigger sign up bonus.

The annual fee on the Citi Prestige® Card is $450. You pay it with your first statement, and again 12 months later if you don’t cancel the card.

Both cards are clearly worth paying the annual fee in year 1 because of their sign up bonuses and the ability to get fee credits twice in the first year of having a card. Whether either card is worth holding past year 1 depends on your travel habits and how much you use the card for spending and its benefits.

Which Card is Better?

Which card is better depends on you. Hopefully I’ve laid out how to think about each card’s benefits, but the actual thinking is left to you.

For folks who want guest lounge access, American Airlines lounge access, big category bonuses on spending, and great rates on using points to pay for airline tickets (especially on American/US Airways), the Citi Prestige® Card is better.

For folks who want Centurion or Delta lounge access, more transfer partners for points, and better transfer partners for Europe in Business Class or shorthaul within the United States, the American Express Platinum is better.

Citi Prestige® Card with 30,000 bonus ThankYou Points after $2,000 in purchases made with your card in the first 3 months, lounge access, $250 per calendar year in airline fee credits, and more

  • $250 Air Travel Credit each year
  • Complimentary 4th Night for any hotel stay
  • Earn 30,000 bonus ThankYou® Points after $2,000 in purchases made with your card in the first 3 months the account is open.
  • Earn 3x points on Air Travel and Hotels
  • Earn 2x points on Dining at Restaurants and Entertainment
  • 1 ThankYou® Point per $1 spent on other purchases
  • Travel with ease and enjoy chip based technology

Application Link: Citi Prestige® Card

The Platinum Card from American Express Exclusively for Mercedes-Benz comes with 50,000 Membership Rewards after spending $3,000 in the first three months.

  • 50,000 Membership Rewards® points after you charge $3,000 in purchases in the first three months of Card Membership6
  • Complimentary access to over 600 airport lounges worldwide7
  • A $1000 certificate each year you charge $5,000 in purchases, good toward the future purchase or lease of a new Mercedes-Benz8
  • Up to 2,000 excess miles waived at lease-end on leases through Mercedes-Benz Financial Services9
  • $100 certificate at renewal of your Card account, good toward Genuine Mercedes-Benz Accessories10
  • Annual fee of $475

Landing Page: Platinum Card from American Express Exclusively for Mercedes-Benz

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The Gold Delta SkyMiles® Credit Card is offering 50,000 SkyMiles and a $50 statement credit after spending $1,000 in the first three months.

Screen Shot 2014-12-18 at 11.55.21 AMBusiness owners can get the same offer on the business version of the card.

Delta Miles

I value Delta miles at around 1.2 cents each. Delta partners release just as much award space as any airlines though Delta itself lags behind.

Delta miles are better than any other miles for Australia in business class and the west coast to Europe in economy or business. Delta miles are also good to Central America, South America, Africa, and Europe from anywhere else in the United States.

At the moment, you have to book roundtrip awards with Delta miles, but starting January 1, 2015, you can book one way awards with Delta miles.

Here are my top choices to burn 160k, 140k, 125k, 92.5k, 60k, and 25k SkyMiles and the products I most want to book when one way awards are possible in less than two weeks.

The Other Big Reason to Get This Card

To earn Delta status, you need to fly a certain number of miles or segments on Delta flights AND pay a certain amount for those tickets. Next year, those dollar requirements are rising.

 

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But as the bottom of the chart notes, spending $25,000 on a Delta co-branded card in a calendar year waives the Medallion Qualifying Dollars requirement, leaving just the miles or segments flown requirement.

(As you can see on my chart comparing airline credit cards, the United card has a similar feature but it only waives the requirement up to the second-best status, while the Delta card spending waives the requirement all the way to Diamond.)

For people who fly a lot of cheap flights, the ability to spend a little over $2,000 per month on their Delta card to waive Delta’s expensive MQD requirement is welcome.

Remember

American Express recently changed its rules, so that you can only get the bonus on personal cards once in your lifetime, so if you’ve ever gotten the sign up bonus on the Gold SkyMiles card like I have, this offer is of no use.

Bottom Line

This is a solid offer, but not as valuable as 50,000 American Airlines miles or US Airways miles because of the difficulty of finding Delta award space and its inflated award chart. The listed expiration date of this offer is December 21, 2014.

Hat Tip Doctor of Credit

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American Express Small Business Saturday is back the Saturday after Thanksgiving–November 29, 2014. You can register your American Express cards now.

This year, you can get up to three $10 statement credits per American Express card. Since I have five American Express cards, I could get $150 in statement credits.

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  • How can you register for Small Business Saturday?
  • How do the statement credits work?
  • What counts as a small business?

 

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Uber is my favorite way to get around. I no longer call or flag down taxis. On a recent trip to San Francisco and Los Angeles, I didn’t rent a car, using Uber to get around instead.

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Uber is the world’s best taxi service because it has clean, courteous drivers and the easiest ride-ordering app imaginable. Tap, tap, tap, and a car whose progress you can track towards you is on its way.

American Express is currently running a promotion with Uber during which new and existing Uber customers can get a $10 American Express statement credit. Sync an American Express card to Twitter and use it to pay for an Uber ride in 2014 to get the $10 credit.

This $10 credit for new or existing users is in addition to the massive $30 in free credit to new users who sign up through a referral link. (Sign up with mine and I’ll also get one free ride up to $30. Leave your referral link in the comments if you’d like.)

Here’s how to get the $10 credit:

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American Express Small Business Saturday is back the Saturday after Thanksgiving–November 29, 2014.

This year, you can get up to three $10 statement credits per American Express card. Since I have five American Express cards, I could get $150 in statement credits, but I’ll be out of the country. Don’t miss out on your free $150.

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  • When can you register for Small Business Saturday?
  • How do the statement credits work?
  • What counts as a small business?

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The J.D. Power 2014 U.S. Credit Card Satisfaction Study concludes that American Express and Discover have the highest customer satisfaction of any credit card issuers.

The study measures customer satisfaction with credit card issuers by examining six factors:

  • interaction
  • credit card terms
  • billing and payment
  • rewards
  • benefits and services
  • problem resolution

American Express has been #1 for all eight years of the study, and this year for the first time, it was tied for the top spot with Discover.

Interestingly, overall satisfaction with credit cards is at a record-high, surpassing last year’s record high. “Much of the bump is likely due to issuers piling on rewards, hoping to stand out from competitors, says Jim Miller, senior director of banking services at J.D. Power.”

The study has some very interesting nuggets for those of us who primarily use credit cards to earn miles and points.

  • What are my favorite findings of the study?
  • What is my ranking of issuing banks?

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This post may contain affiliate links. Read my disclosure policy here.

Two amazing JetBlue promotions are stackable today and tomorrow that allow you to fly JetBlue Mint Class, the best Business Class Suite in the United States for only 26,250 points Membership Rewards.

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Enclosed Suite, Live TV, Free WiFi
  • What are the two stackable promotions?
  • How good of a deal is this?
  • How can you ensure that you get an enclosed suite (not all Mint seats are)?

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This is your last chance to get repeat bonuses on your favorite American Express personal cards.

Currently you can get the sign up bonus on an American Express personal card every 12 months. So if you got the bonus on, say, the SPG card in February 2013, you can get it again today.

Starting May 1, you will not be able to get a sign up bonus on an American Express personal card if you have ever gotten that bonus in the past. (American Express Business Cards will still follow the 12 month rule for now.)

In fact, language has already been added to American Express personal card applications that “This offer is also not available to applicants who have or have had this product.”

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But, according to American Express chat reps, that language has been added in advance of the May 1 change only in case you apply today and your application isn’t approved until after May 1. According to those chat reps, you can still be approved for an American Express personal card until May 1 and get its bonus even if you got it in the past.

I am planning to apply today for a few American Express personal cards, which I have previously opened. I figure that applying now gives me the maximum chance to approved before May 1 if I am not approved instantly.

Leave your experiences in the comments.

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The Business Platinum Card® from American Express OPEN is now offering a sign up bonus of 40,000 Membership Rewards after spending $5,000 on the card in the first three months of card membership.

Plus The Business Platinum Card® from American Express OPEN has the best perks of any rewards card like:

  • Up to $200 per calendar year in statement credits to offset airline fees.
  • Free Delta SkyClub lounge access and a free Priority Pass Select membership, which I use frequently when traveling economy class to get free lounge access.
  • A $100 statement credit to offset the cost of a Global Entry application. Global Entry has saved me at least four hours of my life, not waiting in immigration lines upon returning to the United States, and will save me even more in the next two years, so this is an incredible benefit.
  • Free Starwood Preferred Guest Gold Status. I’m earning more points on my SPG stays while getting free internet and late checkout, the two benefits of status that I most enjoy.

Furthermore the 40,000 bonus Membership Rewards now puts the card among the highest sign up bonuses for business cards. Membership Rewards are one of my favorite types of flexible points because the program has 21 airline and hotel partners.

Screen Shot 2014-03-11 at 3.58.37 AM Screen Shot 2014-03-11 at 3.58.51 AM

 

And the card is automatically enrolled in the OPEN Savings Benefit, which offers you discounts or bonus Membership Rewards for using your American Express business card at various, generally business-related, merchants.

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The bottom line on this card is that it’s so good that I got it with only a 25k point sign up bonus, and now that sign up bonus has jumped to 40k points. (Here’s my experience with the Business Platinum Card.)

Why did I get The Business Platinum Card® from American Express OPEN? How can you make the most out of the Business Platinum Card? What types of people will get the most value from the card? Who shouldn’t get the Business Platinum Card?

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Whether you’re looking for free luxury hotel stays, first class flights, flights home to see family, or big rewards on gas or groceries, there are some fantastic credit card bonuses out there.

I’m writing this post from Raleigh, North Carolina near the end of a six-week world tour that would have been completely impossible without miles and points earned from credit cards.

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My trip is taking advantage of American Airlines miles, Starpoints, Ultimate Rewards, Lufthansa miles, and Arrival miles, all of which I got from credit cards.

How can you earn rewards for the trip of your dreams? What are the best credit card offers for March 2014?

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I really like the Blue Cash Preferred® Card from American Express quite a bit as a rewards card.

The card offers an unbeatable 6% cash back in the form of statement credits on your first $6,000 annually at grocery stores (then 1% back). And it offers 3% back at US gas stations and select US department stores.

To me it is an ideal card for families who want to take domestic vacations.

Instead of earning airline miles from an airline card and then having to hunt for award space, you can earn cash back in the form of statement credits on the Blue Cash Preferred® Card from American Express and put that in a piggy bank for your next vacation.

Last year, the Blue Cash Preferred® added an Amazon Prime benefit. Since I don’t have the card yet, I don’t have first hand experience with the benefit, and I couldn’t fully understand how the benefit was implemented. I’ve now gotten some more information on the benefit from American Express:

You can receive a statement credit of $99 plus applicable taxes for the initial annual membership fee of a new Amazon Prime membership if, during your first three months of Card Membership, you:

As an Amazon Prime member, you get: unlimited FREE Two-Day Shipping on millions of items, instant streaming of thousands of movies and TV shows, and one Kindle book to borrow for free each month.

  • Offer only available for new Amazon Prime memberships
  • Amazon Student, Amazon Mom, and other promotional or discounted Prime memberships are not eligible for this offer.
  • Any trial membership must be upgraded to a paid membership for you to be eligible to receive the statement credit.
  • Terms and Restrictions Apply.

For reference, the full offer on the Blue Cash Preferred® Card from American Express is:

  • Get 100 Reward Dollars, redeemable for a $100 statement credit, after you make $1,000 in purchases with your new Card in the first three months.
  • Plus, get one year of Amazon Prime after you sign up for a new membership with your Card and meet the spending requirement in the same time period.
  • As an Amazon Prime member, you get unlimited FREE Two-Day Shipping on millions of items.
  • Earn Cash Back: 6% US supermarkets up to $6,000 per year in purchases, 3% US gas stations & select US dept stores, 1% other purchases. Terms and limitations apply.
  • Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.
  • 0% intro APR on purchases and balance transfers for 15 months, then a variable rate, currently 12.99% to 21.99%, based on your creditworthiness and other factors.
  • Terms and Restrictions Apply.

The Blue Cash Preferred® Card from American Express has a $75 annual fee.

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The Platinum Card® from American Express is now offering a sign up bonus of 40,000 Membership Rewards after spending $3,000 on the card in the first three months of card membership.

 

Plus the Platinum Card® from American Express has the best perks of any rewards card like:

  • Up to $200 per calendar year in statement credits to offset airline fees.
  • Free Delta SkyClub lounge access and a free Priority Pass Select membership, which I use frequently when traveling economy class to get free lounge access.
  • A $100 statement credit to offset the cost of a Global Entry application. Global Entry has saved me at least four hours of my life, not waiting in immigration lines upon returning to the United States, and will save me even more in the next two years, so this is an incredible benefit.
  • Free Starwood Preferred Guest Gold Status. I’m earning more points on my SPG stays while getting free internet and late checkout, the two benefits of status that I most enjoy.

Furthermore the 40,000 bonus Membership Rewards now puts the card among the highest sign up bonuses. Membership Rewards are one of my favorite types of flexible points because the program has 21 airline and hotel partners.

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While I absolutely love the Platinum Card® from American Express, it has two weaknesses:

  • $450 annual fee
  • Earns one point per dollar on all purchases (no category bonuses)

Why did I get the American Express Platinum Card? How can you make the most out of the Platinum Card? What types of people will get the most value from the card? Who shouldn’t get the Platinum card?

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