150K Platinum and 90K Gold card offers once again available via some referrals

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The most recent round of offers on the consumer Amex Platinum card and Amex Gold card expired overnight last night. Existing referral links generated from those cards also expired overnight. Unfortunately, the dining bonuses that were previously associated with these cards have been dropped, but there are still huge offers available on both cards via some referrals. Once again, only select people can generate links to the elevated offers and we are featuring reader referrals to these increased offers since we always want readers to have access to the best publicly-available offers on our Best Offers page.

The Offers & Key Card Details

Click the card names below to go to our individual card pages to find more information and links to apply.

Card Offer and Details
The Platinum Card® from American Express
150K Points
150K after $6K spend in 6 months. Terms apply. (Rates & Fees)

$695 Annual Fee

Info about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.

Alternate offer: Resy Offer: 125K after $6K spend + 10x dining for 6 months on up to $25K spend

Recent better offer: 125K after $6K in the first 6 months + 15x when you Shop Small in the US and at restaurants worldwide on up to $25K in eligible purchases in the first 6 months [Expired 1/20/22]

FM Mini Review: This card is absolutely loaded with high end perks. Depending upon your situation, those perks may be worth the annual fee or much more.


Card Type: Amex Pay Over Time Card

Base
Travel

Earning rate: 5X points for flights booked directly with airlines or with American Express Travel ⚬ 5X points for prepaid hotels booked through American Express Travel

Noteworthy perks: ⚬ $200 Airline Fee Credit. Up to $200 a year in baggage fees and more at one qualifying airline ⚬ $200 prepaid hotel credit annually valid on Fine Hotels & Resorts and The Hotel Collection bookings. ⚬ Up to $300 in Equinox credits. ⚬ Up to $20 per month rebate for select digital entertainment services (NY Times, ESPN+, Disney+, Hulu, Peacock, Sirius XM, Audible) ⚬ $189 CLEAR fee reimbursement annually. ⚬ Up to $200 for Uber rides annually. Credit and Uber VIP status for Basic Member only ⚬ $300 credit when buying a SoulCycle bike directly from SoulCycle (up to 15 bikes per year) ⚬ $12.95 monthly credit for Walmart+ monthly membership subscription credit. ⚬ Complimentary Uber Eats Pass Membership for up to 12 months (must enroll by 12/31/21) ⚬ Up to $100 in credits annually for purchases at Saks Fifth Avenue (up to $50 in credits semi-annually, enrollment required) ⚬ $100 Global Entry fee reimbursement or $85 TSA Precheck reimbursement once every 5 years ⚬ Airport lounge benefits ⚬ Rental car elite status ⚬ Marriott Gold status ⚬ Hilton HHonors Gold status ⚬ Free Gold card AUs. Terms Apply. (Rates & Fees)

See also: Amex Platinum Guide

Card Offer and Details
American Express® Gold Card
90K points
90K after $4K spend in first 6 months. Terms apply. (Rates & Fees)

$250 Annual Fee

FM Mini Review: This card offers an awesome return on US supermarket and worldwide dining spend, putting it at or near the top-of-class in both categories. Dining credits and Uber / Uber Eats credits go a long way towards reducing the sting of this card's annual fee.


Card Type: Amex Pay Over Time Card

Base
Travel
Dine
Grocery

Earning rate: 3X points for flights booked with airlines or on amextravel.com ⚬ 4x points at US Supermarkets (up to $25K in purchases, then 1x) ⚬ 4x at restaurants worldwide ⚬ 1X points on other purchases. Terms apply. (Rates & Fees)

Noteworthy perks: Up to $10 in statement credits monthly with participating dining partners (Goldbelly, Wine.com, Milk Bar, Shake Shack, Seamless/Grubhub, Cheesecake Factory) ⚬ $10 monthly Uber or Uber Eats credit (use it or lose it each month) ⚬ $100 hotel credit on qualifying charges on stays of 2 nights or longer, plus a room upgrade upon arrival, if available with The Hotel Collection at americanexpress.com/hc ⚬ Enrollment required for select benefits.

Quick Thoughts

As you can see above, the new offers maintain the same number of bonus points as previous offers but are missing the dining bonuses that previously stacked on top of the intro spending offer bonus points.

That said, these are still huge offers for those interested in the Platinum card or Gold card. In any year other than 2021 or 2022, the chance to earn a hundred and fifty thousand transferable points with a reasonable amount of spend would be a major headline.

It’s worth noting that both cards are once again available through restaurant reservation website Resy and the Resy offers do include restaurant bonuses, albeit with fewer bonus points. Still, those offers will be a better deal for some and are found under the “Alternate Offer” section on our individual card pages. The Resy offer for the Platinum card includes 125K bonus points after $6K in purchases in the first 3 months and also includes 10x at restaurants for the first 6 months on up to $25K in purchases. If you’ll spend more than a few hundred dollars per month at restaurants, that offer could be better. If you’re planning a special event like a wedding or a holiday party with a vendor that codes as a restaurant and you can max out the $25K at 10x (I always recommend a smaller test purchase to be sure the vendor codes properly!), you could earn a total of 375,000 points from that offer. While not as many points as I earned buying a minivan earlier this year, that’s still an awesome deal.

The Resy version of the Gold card may be more appealing if you only value Membership Rewards points at our Reasonable Redemption Value, though if you value Membership Rewards points a bit higher than our conservative values, you will probably prefer the additional points from the referral offer.

Speaking of referrals, keep in mind that once again only some cardholders have the ability to refer to these offers. Despite having a plethora of cards, we were not targeted for the direct links to these increased offers in my household. And once again, we are asking readers for their referral links so that we can rotate in new reader links every day on our Best Offers page. If you have the direct link to either the 90K Gold card offer or the 150K Platinum card offer, find the appropriate referral threads in our Frequent Miler Insiders group and leave your link as a reply to the first comment as per the thread instructions you’ll read there. Only direct links to those two offers please and be sure to follow the lead of others and post your referral link only in the appropriate place under the current referral threads. Links left in the comments on this post will get caught in our spam filter and will not publish.

Overall, I’m glad to see Amex march on with more easy points. The fact that they are keeping around these massive elevated offers as the decreased offers gives me hope that we haven’t yet neared the end of the points parade.

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PhatMiles

How to post a referral link?

Last edited 23 days ago by PhatMiles
Ngoc

Amex doesn’t seem to allow me to refer people even though I have the Platinum card. I am able to refer people through my other cards. Any tricks to this?

Mary

Curious. This seems to have been posted after the offer expired on the 8th, Why?

Dar

Love ya, but really? $1978 first year value for Amex Plat? Are there more than three people using the Equinox benny? Or the other stupid, crappy bennies like Hilton Gold (yeah, that’s hard to come by, said no one) or Uber credit you never use, or the Soul Cycle discount on your first 15 bike purchases each year. How are those great Centurion Club bennies working for you? Oh, the clubs are too crowded, you say? How many hours a year does one have to devote to maxing out the FHR offer? Finding something you really don’t need at Saks, 2x a year? Or the other expensive “deals”? Anyway, maybe put down the Kool Aid, knock off 1/3 (~ $600) of the perceived value, and call it a day. When everything is awesome, nothing is.

Greg The Frequent Miler

Most of the things you mentioned aren’t included in the first year value. If you hover your mouse over the $ amount, you’ll see a note that says that airline fee reimbursements and prepaid hotel credits were valued at 90% and Uber and Saks credits were valued at 25% face value. The vast majority of the first year value comes from the 150K points at 1.55 RRV = $2,325. Then we subtract out the first year annual fee and an overestimated “cost” of meeting minimum spend (we assume 3% of the minimum spend amount is opportunity cost vs signing up for a card that offers 3% in first year).

Biggie F

What’s interesting here is what the assessed value of the 150K MR points should be. I’m thinking here about Nick’s article about pre-emptive transfer of MR points to partners. One thing you pick up if you read blogs long enough and think about this long enough is that the value of points (relative to $$) changes a lot as you shift your perspective.

Gubmintmole

I am liking the Amex points parade and my wife and I re-upped our Amex Platinums for another year since the retention bonus offered for both cards was generous enough to stick it out one more year. Next year though, we will probably ditch them and sign up for them via our Charles Schwab accounts and hopefully the sign up bonuses will still be as good as they are now

Biggie F

Nick, I’m totally with you on the idea that under certain circumstances you can definitely get 1.5 cents of value (or more) from an MR point …

… just as I am with you in thinking that the (hypothetical in my case, since I don’t [yet] have a Schwab card) 1.1 cent metric for figuring out the price at which you are (I am) buying AF points given different transfer bonues is a great way to think through whether it is worth doing.

I just have a hard time making these notions completely cohere. But that’s okay; as that great pioneer in the miles and points game, Ralph Waldo Emerson, put it, “A foolish consistency is the hobgoblin of little minds.”