I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
American Express has new offers and old providing big Membership Rewards bonuses — points worth more to you than they’ll cost.
Some months ago there was talk of a 2000 point offer for $50 in Amazon spend from American Express with cards that earn Membership Rewards points. However that offer wasn’t available on my account. It is now. It’s always worth checking back.
To me this is like a 72% rebate on $50 in Amazon spend, and most importantly it’s spend I do anyway.
And there’s a new Amex Offer of 5000 Membership Rewards points for Amazon Prime. (HT: Heels First Travel)
The offer says it’s valid through March 2 — but the terms and conditions actually say it ends January 31 — oops. Unfortunately my current Prime membership recently renewed so I won’t actually use this. For those that will it’s a big rebate, I value Membership Rewards points at 1.8 cents apiece making this a 90% rebate on one year of Prime.
- American Express wants Prime members, it locks customers into future purchases. Certainly this isn’t being funded exclusively by Amex.
- American Express wants cardmembers using their cards at Amazon, the bet is that cardmembers ‘set it and forget it’ and keep using their Amex as the default card for Prime and ongoing purchases.
By the way I also received a targeted offer of 5000 Membership Rewards points per authorized user I add to my Platinum Card by American Express up to 20,000 points total. Others reported receiving this offer about two months ago. I always at least scan marketing emails.
Log in here to see if your account is eligible.
Since you can add up to 3 authorized users for $175, and my wife is already an authorized user, I need to find two more people for 5000 points each at no additional fee. (After that each additional card is $175.)
Authorized users get access to American Express Centurion lounges plus two guests, access to Delta lounges when flying the airline same day, and Priority Pass membership with two guests. The TSA or Global Entry credit is available to authorized users. And so is Starwood Gold (matches to Marriott Gold, so club lounge access or breakfast), Hilton Gold, and National Car Rental Executive status.
The bet of course is that authorized cardmembers mean more spend, not just use of benefits, and that authorized cardmembers on a Platinum card could mean much better spend than on lesser cards.