Amex Platinum RETENTION OFFER 2020!

Mark Reese // Credit & Finance

Mark Reese // Credit & Finance

December 12th, 2020

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The American Express Platinum Card annual fee posted to my Amex account (a lovely $550)! Click "Show More" to see Ad Disclosure. However, if you have a credit card with an annual fee, you’ll always want to ensure you receive more value from it than you pay each year. 2020 was NOT the year for travel, and since most of the Amex Platinum Card benefits are travel related, it didn’t make sense to pay $550 for the next 12 months of card membership. SO…I asked for an Amex Platinum Card RETENTION OFFER :D This video shows my TWO conversations with Amex so you can see what I said AND what the offer was for the end of 2020. 💳👉VIEW CREDIT CARD OFFERS! https://markscreditcards.com/offers 🛍 RAKUTEN - Earn Cash Back! http://markscreditcards.com/rakuten ‼️ GET FREE STOCKS FROM WEBULL when you open an account & deposit $100: http://markscreditcards.com/webull When it comes to the Amex Platinum Card, Amex Gold Card and Amex Green Card you DEFINITELY want to make sure that the cards work for your travel / vacation preferences and overall monthly / yearly spending habits. That’s because each one carries a large annual fee ($550, $250 and $150 respectively). American Express Membership Rewards Points are some of the BEST travel rewards points in the industry, but if the annual fees cost you more than the value you get, it still doesn’t make sense. Fortunately, my Amex Platinum Card retention offer 2020 was 50,000 Membership Rewards points. Combined with the additional benefits (see below), it made sense to keep the Platinum Card for another year. AMEX PLATINUM CARD BENEFITS (as of December 2020) AMEX PLATINUM CARD SIGNUP BONUS (Dec. 2020) Earn 100,000 Membership Rewards points after spending $5,000 in the first 6 months of card membership. Also earn 10X Membership Rewards points at US Gas Stations and US Supermarkets for the first 6 months on up to $15K in combined purchases. EARN MEMBERSHIP REWARDS POINTS 10X US Gas Stations & 10X US Supermarkets* * for 6 months on up to $15K in combined spend 5X Flights 5X Prepaid hotels via AmexTravel.com 1X Everything Else REDEEM MEMBERSHIP REWARDS POINTS - Best used for travel via Amex Travel Partners - Can also redeem points via Amex Travel Portal - Occasionally gift cards can be an “ok” option if you aren’t traveling much - Cash back is one of the worst options, avoid it if you can AMEX PLATINUM CARD BENEFITS (Primary benefits) Uber Rides with Platinum ($200/yr.) $15/mo. | $35 in Dec. Airline Fee Credit ($200/yr.) 1 airline | Incidental charges Global Entry / TSA Precheck (Up to $100) Every 4.5 years Shop Saks with Platinum ($100/yr.) $50 Jan. – Jun. | $50 Jul. – Dec. Global Lounge Collection - Centurion Lounge - Delta SkyClub - Priority Pass Lounges - Escape Lounge - AirSpace Lounge International Airline Program Lower fares | Up to 8 tickets / booking The Hotel Collection $100 property credit | Room upgrade Fine Hotels & Resorts Program Experience credit | Room upgrade | Daily breakfast for 2 | Early check-in (12PM) | Late check-out (4PM) | Free Wi-Fi Elite Status Marriott Bonvoy Gold status | Hilton Honors Gold status | National Car Rental Emerald Club No Foreign Transaction Fees OTHER TRAVEL CREDIT CARDS TO CONSIDER - Amex Gold Card: Great to earn travel rewards points on gas and grocery purchases - Chase Sapphire Reserve: Great to earn Chase Ultimate Rewards points on travel and dining purchases with additional travel benefits - Chase Sapphire Preferred: Great to earn Chase Ultimate Rewards points with a lower annual fee - Citi Prestige Card: Premium travel rewards credit card; great for international airline transfer partners - Citi Premier Card: Great travel credit card that earns Citi ThankYou points on a lot of at-home categories - Capital One Venture Card: Simple-to-use travel rewards card with access to transfer partners - US Bank Altitude Reserve Card: Arguably one of the best credit cards for travel if you spend a lot using mobile wallet payments - Marriott Bonvoy Brilliant Card: Great hotel credit card for Marriott loyalists - Hilton Honors Aspire Card: Great hotel credit card for Hilton loyalists Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor. #creditcards #amexplatinum #americanexpress
Mark Reese // Credit & Finance

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