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Many American Express Business Platinum cardholders received an email from Amex offering a bonus of 50,000 Membership Reward Points. Happily, I was one of those people.
The terms are set forth in the email, and there’s no need to register, the offer is automatically added to the Card.
The deal is fairly simple: earn 40,000 points after spending $5,000, and another 10,000 points after spending another $5,000. The time period for this offer is the three-month period beginning July 15th and ending October 15th.
This is a targeted offer. It seems from those I’ve spoken to that the people targeted, like me, spent the initial $15,000 when they first got the card in order to earn the 100,000 point welcome sign on bonus, and then rarely used the card.
50,000 points is a great bonus. That’s at least one round trip flight somewhere. Time to dust off the card!
For the $10,000 spend, I will likely pay my co-op maintenance via Plastiq. Although Plastiq charges a 2.5% fee, I will earn 1.5 Membership Rewards points per dollar since I will be making a purchase of more than $5,000. Thus, for a fee of $250, I will earn 50,000 plus an additional 15,000 Membership Reward points.
If you have never used Plastiq and are interested in signing up for it, you are welcome to use my referral code is 326232 (and I thank you in advance if you choose to use it!).
Did you receive the offer?
Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.