New Amex Platinum Benefits Are Now Live
At the beginning of March, American Express announced that they would enhance the benefits on the Platinum cards, would make the card out of metal, and increase the annual fee to $550. The date when these changes kicked in was March 30th, and here we are. The new enhancements are now available and ready to use. There’s also an new increased public bonus. Let’s take a look.
Increased Annual Fee
All flavors of the Amex Platinum card now have an increased annual fee of $550. The only exception is the The Platinum Card from American Express for Ameriprise, which has a waived annual fee for the first year, but it doesn’t come with a sign up bonus.
For existing Platinum Card Members, the annual fee will take effect on their annual renewal date on or after September 1st, 2017.
New Sign Up Bonus
With the increased fee, American Express has also released a new signup bonus. You will receive 60,000 Membership Rewards points when you use your new Card to make $5,000 in purchases in the first 3 months.
That’s significantly higher that the usual 40,000 bonus, but much less than highest offers of 100K or 150K that we’ve seen in the past. Remember that you can only get Amex sign up bonuses once per lifetime. So you should wait for one of the best ever offers to come around, if you don’t need the MR points or the benefits right away.
Use Your March Uber Credits
One of the added benefits is the $200 in annual credits for rides within the U.S., as well as VIP status where available. This credit will come as $15 in Uber credits for U.S. rides every month plus a $20 bonus in December. That means that you have only two days to use your March credit. These credits can also be used for UberEATS if you don’t really need any Uber rides.
Get Your Metal Card
If you apply for a new Amex Platinum, you will receive a metal card. But the metal card is available for existing cardmembers as well. American Express will send you the new metal card when you current card nears its expiration date, but why wait till then.
You can request a new metal card by phone or through chat. I chose the latter and my card is on its way after a one minute friendly conversation.
Add Free Additional Gold Cards
One other benefit is the free additional Gold Cards. These cards don’t come with any exciting benefits but you can add a few Amex cards to your arsenal for free, which can be great for Amex Offers.