Last chance to get Amex Platinum with 50,000 Membership Rewards (= 50,000 Avios) sign-up bonus

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Key link:  American Express Platinum card home page

This is a ‘final boarding call’ for anyone thinking of applying for the American Express Platinum charge card.

The Amex website has been saying for a couple of weeks that the 50,000 Membership Rewards points offer will end on 3rd March.

My best guess – and I honestly don’t know – is that it will drop back to 40,000 points, which is what it was until last Autumn.

50,000 Membership Rewards points (good for 50,000 Avios or various other things) is a great deal.

Whilst the card does carry a £450 annual fee, you can cancel this for a pro-rata refund as soon as you have spend the £2,000 necessary to get the bonus points.  This pro-rata refund is in the terms and conditions of the card (paragraph 18.2 to be precise) so you will have no problem getting it.

Amex Platinum

So, if you meet the £40,000 household income requirement and have not had a Platinum, Gold or Green Amex in the last six months, you need to decide whether to go for it before the deadline.

Cancel within 3 months, and your net fee will only have been (3/12ths of £450) £112 – a fantastic deal for 50,000 Avios!

However, the Platinum card has some great benefits – Cathay Pacific Gold card (= BA Silver and gets you into BA lounges), Starwood Gold, Club Carlson Gold, Accor Platinum (EDIT – initially said Gold by mistake), 2 Priority Passes for lounge access when not flying BA etc – and you may decide that it is well worth keeping once you have got used to the benefits. I have had once since 1999.

(To see our complete list of all current credit card bonuses, click here to visit our ‘Credit Cards Update’ page or use the link in the menu bar at the top of the page.)

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Comments

  1. So I referred my Dad within the deadline and we checked yesterday – they will still value the referral email and credit the 52k points for signing up. Good news.

    He’s come back to me with a question this morning though: supplementary cards on the Amex platinum are free or not? He thinks it looks like they’re £170. Can anyone confirm please?

    thanks
    B

    • The first Plat is free, subsequent Gold cards are also free but subsequent Plat supp cards are chargeable after the first one.

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