American Express Adds $300 ChatGPT Business Credit To Business Cards Platinum & Gold

Contents

1 $300 ChatGPT Credit
2 Terms
3 Our Verdict

$300 ChatGPT Credit

The $300 ChatGPT credit for American Express Business Platinum and Business Gold cards are now live. Enrollment required in your login.

We discussed some of the details in the post last month, but I wanted to review here the possible strategies:

Regular consumer ChatGPT Plus is $20 per month (no annual discount).
Business ChatGPT has a minimum of two users. Either you can pay $20/month per user when billed annually or $25/month per user when billed monthly.

And so here are the various options:

1. Pay $480 annual payment for two users and get $300 back. Net cost $180.
2. Pay $50 per month and get 6 months for free. Then cancel.
3. It’s been noted that this is a calendar year benefit. If you signup for ChatGPT Business in July, you’ll get 12 consecutive $50 credits – $300 for the current calendar year and $300 for the following calendar year.
4. A person/couple who holds both the Business Platinum card and the Business Gold card can put Jan-June charges on one and then July-December charges on the other.
5. Note: some readers mention getting hit with sales tax in their state. Seems to vary by state.
6. Note: there might be some discount codes locking in the rate at $20 for monthly charges. I’m not aware of an active code, but you check around and see if you can find.

Terms

Here are the terms:

Benefit enrollment required. Only the Basic Card Member or Authorized Account Manager(s) on a Business Platinum Card® or Business Gold Card Account can enroll the Card Account in the benefit. Eligible purchases must be charged to the enrolled Card Account for the benefit to apply. Purchases by both the enrolled Basic Card Member and Employee Card Members on the enrolled Card Account are eligible for statement credits. Each Card Account is eligible for up to $300 in statement credits per calendar year. Valid only on purchases of ChatGPT Business made directly with OpenAI in the U.S. and U.S. territories where OpenAI is the merchant of record for the purchase. If ChatGPT Business is renamed, rebranded, or otherwise designated differently by OpenAI at any time, any such change will not affect eligibility for this benefit. ChatGPT Business purchases are subject to auto-renewal. If you purchase an annual subscription, OpenAI will charge you the then-applicable subscription fee and any applicable taxes each year on your annual subscription renewal date until cancelled. If you purchase a monthly subscription, OpenAI will charge you the then-applicable subscription fee and any applicable taxes each month on your monthly subscription renewal date until cancelled. For more information about OpenAI’s cancellation requirements and deadlines, please visit the OpenAI Help Center. Please allow up to 8 weeks after an eligible purchase is charged to the Card Account for statement credit(s) to be posted to the Account.

Our Verdict

This is a nice new benefit, especially for someone already paying for ChatGPT. Even someone paying for the consumer version should be able to switch over to the business version for the freebie.

Remember that the U.S. Bank Triple Cash $100 software credit has been working for ChatGPT. Someone with that card will have to factor that in when deciding their best option.

See this comment about merging a personal ChatGPT into a Business account.