EDIT: If you are reading this on Friday, let me tell you the story of this deal. The offer launched on Thursday morning and was available across all primary and supplementary Platinum cards. You could register for £600 of credits if you had the full five supplementary cards in issue! This was a technical mistake by American Express.
On Thursday afternoon the offer was pulled. It was relaunched on Friday morning and you can now register again, but ONLY on primary cards.
If you saved it to your supplementary cards on Thursday morning it should still be there. It isn’t clear if American Express will pay out, but if you are shopping with the participating stores anyway it does no harm to try.
American Express is rolling out ‘compensation’ deals for Platinum cardholders.
For holders of the personal The Platinum Card, it is fairly simple – American Express is giving you £100.
Do I get £100 in cash?
No. Well, sort of.
In order to receive your free £100, you need to spend £100 by 27th August at any combination of:
- Marks & Spencer
- Waitrose & Partners
- Harvey Nichols
- Apple (online only)
100% of your spending at these shops is returned in the form of statement credit, up to £100 per card. For clarity, the £100 cap is NOT per shop. It is cumulative across all five shops above.
What are the restrictions?
There are some, but they are not hugely onerous:
- M&S exclusions: Bank and Energy services, Bureau de change, Opticians and Petrol stations
- Waitrose & Partners exclusions: Cellar, Florist, Garden, Pet, Cookery school, foreign currency, Gift Section
- Harvey Nichols exclusions: International delivery, gift cards, vouchers and dining within restaurant
- Apple exclusions: Apple iTunes, Apps and Apple Music, Apple Search Ads, Apple Finance and Gift Cards
Here is a key thing to remember. Waitrose gift vouchers can be used at John Lewis department stores, either online or instore. If you can get to a Waitrose store but do not want to spend £100 on shopping, you can buy a gift card which should trigger the cashback. You can then spend this at John Lewis at your convenience.
Do I need to register for this offer?
You MUST register your card for this offer.
To register, go to the ‘Offers’ section of your online statement page for your American Express Platinum card. Scroll down until you see this promotion and click ‘Save To Card’. You’re good to go!
Virtually all Platinum charge cardholders have this offer. A small minority do not – it is not clear why.
Can I apply for The Platinum Card now and get this offer?
It isn’t clear. It runs until 27th August so you would have plenty of time.
However, it depends on American Express adding the deal to the ‘Offers’ tab of your online statement page and we cannot be certain that this will happen for new applicants. I’m sure we will find out soon enough.
This is clearly a ‘no brainer’ offer for holders of The Platinum Card. Ensure that you register your card now. Remember that you have until 27th August to do the relevant spending.
(Want to earn more miles and points from credit cards? Click here to visit our dedicated airline and hotel travel credit cards page or use the ‘Credit Cards Update’ link in the menu bar at the top of the page.)