Another £175 of free money for American Express Platinum cardholders

American Express has launched another giveaway for holders of The Platinum Card.

This is presumably to convince them to keep paying the £575 annual fee for a lot of – admittedly very good – travel benefits at a time when no-one is travelling …..

This is what you should see when you look at the ‘Offers’ tab on your online statement. You MUST opt in to the offer.

It will only appear on your main card, not any supplementaries. It will not appear on Business Platinum cards.

IMPORTANT: I have the offer in the Amex app on my iPhone but it is NOT showing on the website. If you can’t see it in one spot, look in the other. Amex has confirmed to us that all cardholders will receive it.

What am I getting?

You will receive 100% cashback when you spend up to £175 (so basically £175 cashback) at:

• Waitrose

• Deliveroo

• Harvey Nichols

• Selfridges

Apart from Deliveroo, they are valid online or instore (when they reopen).

The offer runs to 18th July. This implies that it may be the last offer of its type that we see.

As a reader pointed out in the comments, it is a bit odd that Amex didn’t choose to make this ‘£30 per month for six months’. It would have done wonders for card retention.

How does the offer work?

The good news is that you don’t need to spend the £175 in one transaction, or even at the same retailer.

Each purchase you make at the above retailers will be refunded, 100%, onto your card within 2-3 days. This keeps on going until you hit the £175 cap.

Are all Platinum cardholders receiving this?

American Express says ‘Yes’. That said, I assume it won’t appear for people who are locked out of offers because they are in default or took advantage of the covid payment holidays.

If you do not see it – perhaps you are one of those people who haven’t received any offers for months due to IT issues – then I would call Amex to have it added.

Don’t forget to register before doing any spending!

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Want to earn more points from credit cards? – October 2021 update

If you are looking to apply for a new credit or charge card, here are our October 2021 recommendations based on the current sign-up bonus. 

You can see our full directory of all UK cards which earn airline or hotel points here.

The following offers will end soon:

• 10,000 Avios on British Airways American Express (ends 2nd November)
• 40,000 Avios on British Airways American Express Premium Plus (ends 2nd November)
• 60,000 points on The Platinum Card from American Express (ends 2nd November)
• 30,000 points on American Express Preferred Rewards Gold (ends 9th November)

Here are the top current deals:

Earning miles and points from small business cards

If you are a sole trader or run a small company, you may also want to check out these offers.

For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending: