You might also like:
American Express is known to offer fantastic targeted sign-up promotions. Last month, Amex offered a 100,000-point sign-up bonus for the Platinum Card after spending $3,000 in the first three months. And since Amex usually only allows a person to get a credit card sign-up bonus once in a lifetime, it makes sense to wait until there is an amazing offer.
So, effectively, after the first $5,000 in spending, you’ll be earning 5 points per dollar spent for every $5,000 purchase. There’s tremendous earning potential here, but with $55,000 in spending and the $5,000 purchase minimums, it would be almost impossible to satisfy the requirements if you don’t run a not-so-small business.
While it comes along with a hefty $450 annual fee, the Amex Platinum card can be tremendously valuable for frequent travelers, thanks to its $200 annual airline credit (which may possibly be used for Amazon gift cards), lounge access (including Amex-branded Centurion Lounges), Hilton and Starwood Gold status, Global Entry credit and more. You also get access to Amex’s Platinum Concierge service and the Amex Fine Hotels & Resorts program.
TPG values Membership Rewards points at 1.9 cents each, thanks in part to Amex’s transfer partners, making this bonus worth a stunning $4,750. If you’ve been on the fence about Amex Platinum or the Business Platinum Card, and you can meet the requirements here, now’s the time to jump!
Source: thepointsguy.com