The Offer
- American Express has sent out a physical offer for 75,000 points when a business opens a second Business Platinum card. Bonus is broken down as follows:
- 50,000 points after you spend $10,000 within three months
- Additional 25,000 points after you spend an additional $10,000 within three months
Card Details
- Valid until 3/16/2020
- Annual fee of $595 is not waived the first year
- Card earns at the following rates:
- 5x points per $1 spent on purchases made with airlines or hotels booked directly from AmericanExpress Travel website
- 1.5x points on qualifying purchases of $5,000 or more
- 1x points on all other purchases
- $200 airline incidental credit per calendar year
- Lounge access:
- Centurion lounge access
- International American Express lounge access
- Delta SkyClub lounge access
- Priority pass select membership
- Airspace lounge access
- Marriott gold status
- Hilton gold status
- Fee Credit for Global Entry or TSA Pre✓
- No foreign transaction fees
- View these other hidden benefits
- This offer does not have the lifetime language.
Our Verdict
Interesting that they are targeting businesses that already hold a Platinum card, I guess it’s not that surprising given that some benefits are only available to the primary cardholder and not on the employee cards. I still would’ve thought that they could solve that with an employee card with the same annual fee and benefits but this works as well. Obviously doesn’t have any lifetime language as they are targeting those that have an active card already.
Hat tip to weather3369
Datapoint that I received this offer just after I cancelled my business plat in November after 1 year. Applied and just got reapproved last night with no issues. Timing worked out perfectly for me.
Why on Earth would anyone want a 2nd Biz Platinum card when the benefits completely overlap?? Ya, the bonus, I know, but I thought they were strongly *against* churning. It’s not like they are waiving the annual fee. It would make sense if they let you choose your benefits & rewards from various options — sorta like the US Bank Cash+ card. I suggested that to them, but of course they think doing clawbacks is a better way of doing business.
I assume it’s so different employees can have the benefits
In my case, my 1st Biz Plat is about to be cancelled (AF hit) so this is a way for me to get additional MR points from the SUB
Obviously doesn’t have any lifetime language… although it’d be kind of hilarious if it did 😂
+1
Cold-called by Amex about my Biz Plat yesterday. I’m nearing end of my first year and sock-drawered after meeting minimum spend. They inquired about how they could help me increase spend. I was flying through an airport at the time, so a bit distracted. On these calls are they generally willing to give incentives or are they just trying to get you to put money on the card?
Ah they called me too, but I couldn’t answer
Check out FT, they’ve got lots of spend/retention offer DPs.
WTF? So, they literally shut us down for having multiple Business Platinums, and now they’re officially offering businesses to have more than one Platinum? WTF?
Shutdowns were from self-referrals, not multiple biz plats.
If I have an Amex Marriott Bonvoy Business and open a referral link and I apply with that to a Platinum, Will my account be at risk?
Yes
Is the WeWork benefit still available through the end of the year?
It should be; wework.com/businessplatinum still says “Enroll by 12/31/2019”.
I keep getting mail on all kinds of credit card and loan offers. Next up is a Amex crypto currency.
Go ahead and sign me right up for that. (Though on second thought, that would mean that the regulation was there for Amex to issue one, soooooo maybe not)
MR points = crypto currently
I’ll take the credit card offers, please. Thanks!