What are the best Amex Platinum offers?

Yes, the American Express Platinum card does offer a 100k bonus if you spend $6,000 in the first 6 months. Amex may also send you this offer if your credit profile is a good fit for the card. If you receive this type of offer and are approved for the American Express Platinum card, you must spend only $5,000 within 3 months from the date the account is approved in order to earn the 100k bonus.… read full answer

Even though the American Express Platinum card 100k bonus for spending $5,000 within 3 months isn’t available to everyone, the American Express Platinum card’s regular bonus of 100,000 points for spending $6,000 in the first 6 months is still a pretty good deal if you qualify. The points are worth enough to offset the cost of the American Express Platinum card’s hefty $695 annual fee, at least for the first year.

Once you’ve met the spending requirement for the American Express Platinum card’s bonus, which is $6,000 in the first 6 months either way, the points will post to your account within 8-12 weeks.

Yes, Amex Platinum is worth it for travelers with good credit who spend a lot and can take advantage of the card’s benefits. Amex Platinum benefits include a TSA PreCheck or Global Entry fee credit, airport lounge access, up to $200 in Uber credits and up to $200 in airline fee credits annually, and more. The card’s initial bonus of 100,000 points after you spend $6,000 in the first 6 months also goes a long way toward making the card worth its $695 annual fee.… read full answer

For the first year alone, you could wind up with at least $1,800 in net value (rewards and other perks, minus the $695 annual fee). The American Express Platinum card’s second year will have the same annual fee, but the total value of your benefits in year two would only be about $900 if you spent the same amount on the card as year one.

To really make money with this card after the first year, you’d have to spend a lot more. That said, many of the card’s perks are ongoing. You’ll benefit more if your purchases qualify for Amex Platinum’s ongoing bonus rewards rates, and if you utilize Amex Platinum’s complimentary Gold status in the Marriott Bonvoy and Hilton Honors hotel loyalty programs.

All in all, Amex Platinum is a good card for big spenders who travel all the time and can wring every drop of value out of its benefits. But it’s far too expensive for light spenders and occasional travelers.