Overnight, the Ameriprise Financial version of the American Express Platinum card changed its signup offer from the first year annual fee waiver to the standard 60k Platinum bonus. The no-fee offer is still showing on the Ameriprise site at time of this writing, but the link errors out. The card application link on Amex’s own site shows the new offer.
Previously, the card came usually with no signup bonus points at all, but had the benefit of a waived annual fee the first year. That’s a $550 savings. More importantly, some people liked to ‘churn’ the card: while points bonuses are limited to once-per-lifetime, the annual fee waiver worked time and again.
The new signup bonus is the standard bonus on all Amex Platinum cards which is 60,000 Membership Rewards points after $5,000 in spend during the first three months. But the card does have the $550 annual fee, even for the first year.
It’s not all bad: signup bonus seekers are always looking for new flavors of the Amex Platinum card since each one traditionally gets it’s own signup bonus. Overall, it’s certainly bad news for people who were churning this multiple times, but for a first-timer the new offer may actually be better.
Hat tip to r/churning members who discovered this and to Frequentmiler who posted about this as well.
Follow up post: Can I Get the Signup Bonus on Ameriprise Platinum Card if I Already had the Card without a Bonus?
d
Looks like the card is closed for applications. Tried applying last night, got the popup sadly. Looked again today and now the offer is unavailable.
Can I get the sign up bonus of Ameriprise Version Platinum if I am currently having a regular Platinum? Any recent DP?
Thanks for the tip on this. Hadn’t opened but did just now with immediate approval (I have all the plats currently).
For those who are receiving the “popup,” I’ve never received that I have opened almost every Amex card. If you don’t already have it, I’d suggest getting the PRG card and use it at restaurants or grocery stores and rack up some spend. Especially in between cards.
I just closed mine due to AF coming up, only time I’ve ever had it or any of the Platinums. Well, was fun while it lasted.
I got the card last Fall but haven’t added any authorized users yet. Will I still be able to add them for free?
No time like the present to check… (I say this as I’m trying to figure out the answer from AMEX myself)
I just called to add additional users. Tried x 2, no luck adding for free. Now $175. Anyone have better luck?
Just chatted with them and they were able to push it through for $0. Said they need to “manually submit your request.”
I thought the question is whether you have or have had the card, not whether you have or have not received a sign up bonus for the card.
Glad I was able to use this in two-player mode, twice each, and always in July…
Looks like it’s time to pick up my 4th flavor of the Platinum with no annual fee due to being in the military.
Did you apply yet? Wife and I are at 3 platinums each (SCRA waiver). I’m afraid of attracting RATs with a 4th app…but it’s just, too, tempting! Let us know if you get approved pls!
It’ll be a little while; I’m still working on an NFCU Flagship Rewards signup bonus and $5K in 3 months is a high enough hurdle that I need the full 3 months to reach it replacing my regular 2% cash back spend and probably some bonus category spend.
I have not run into RAT issues yet with 9 open AMEX cards, 3 of which were opened in the last year. The other 6 have all been open at least 3 years.
Makes sense. P2 and I just finished up min spend on NFCU Flagship and Wells World Propel – each, so we’re looking for our next one. (Remember NFCU is only $4k spend in 3 months, not 5k.) Perhaps I’ll be the DP on this Amex Plat for us then. I’m at 7 Amex cards (4 credit, 3 charge), so this would be the 8th.
Keep telling myself….I want to be a FAT PIG, not a slaughtered HOG 🙂
Approved! Curiosity was eating me so I went for it. So that makes 8 Amex cards, 4 Platinums. Was at 10/24. Good luck, Charlie!
a $550 AF seems high for this card that has only benefits of airlines credit & lounges access?
And 60,000 MR points?…
and UBER/EATS, Saks, and a few other benefits. But true value is a December Double/Triple dip even with $550 AF.
Updated, thanks
Thanks