Maximize Your Amex Platinum Benefits Before September Ends
If you’re a member of the American Express Platinum Card or considering applying, now is the time to take advantage of newly added credits before the end of September. With recent enhancements to the card, including new statement credits, you can unlock significant value that can offset the increased annual fee.
The Platinum Card® from American Express has been revamped to include quarterly credits of up to $75 for purchases at U.S. Lululemon retail stores (excluding outlets) and online, as well as up to $100 at U.S. Resy-affiliated restaurants (enrollment required). Additionally, the card offers up to $120 annually for an Uber One membership ($9.99 monthly, subject to auto-renewal).
For those considering the Amex Business Platinum Card®, while it hasn’t introduced new quarterly credits, it still provides valuable existing benefits. Both cards are currently offering attractive welcome bonuses for new cardholders, allowing you to start enjoying your benefits right away.
Why Apply Now?
Applying for the Amex Platinum Card now means you can receive an instant card number, which allows you to make online purchases and add it to your digital wallet, such as Apple Pay, while waiting for your physical card to arrive. New cardholders can earn up to 175,000 bonus points after spending $8,000 on purchases within the first six months of membership. However, keep in mind that welcome offers may vary, and eligibility is not guaranteed.
Once you receive your card, be sure to enroll in the new statement credits to maximize your benefits before the end of September.
For new Amex Business Platinum Card members, there’s a fantastic offer: earn 200,000 bonus points after spending $20,000 on eligible purchases within the first three months. Like the personal card, you’ll also receive an instant card number upon approval, enabling you to start utilizing your credits immediately.
With the new quarterly credits from Lululemon and Resy, alongside the Uber One membership credit, Platinum Card members can potentially unlock up to $185 in value before September concludes. This amount nearly offsets the recent $200 increase in the card’s annual fee.
How to Maximize Your Benefits
To ensure you fully benefit from these offers, both new and existing cardmembers must activate the Lululemon, Resy, and Uber One credits in their Amex account prior to making any purchases. For the best experience, consider the following steps:
1. Enroll in the Benefits: Before making any purchases, activate your new credits in your Amex account. This is crucial for ensuring that your transactions qualify for the credits.
2. Use Your Card for Eligible Purchases: To maximize the new quarterly credits, remember to spend at least $75 at Lululemon and $100 at Resy-affiliated restaurants each quarter.
3. Sign Up for Uber One: Enroll in the Uber One membership for $9.99 monthly (or $96 annually) using your Platinum Card. This will provide you an additional $120 in value each year.
4. Track Your Credits: After making qualifying purchases, keep an eye on your account to confirm that the credits appear. If they do not post within the standard eight to ten weeks, reach out to Amex via the online chat function to request manual application of the credits.
Important Considerations
It’s worth noting that not all transactions may qualify for credits due to merchant processing methods. For instance, if a merchant uses a third-party service to process transactions, your purchase may not be eligible for the credit.
In my experience, I’ve encountered issues with credits not posting as expected, especially with the biannual $50 Resy credits. However, after a few weeks, I was able to resolve the issue by contacting Amex support, which highlights the importance of monitoring your account.
By strategically utilizing the benefits of the Amex Platinum and Business Platinum Cards, you can potentially access up to $238 in monthly and quarterly statement credits before September wraps up.
Final Thoughts
If you’re considering applying for the Amex Platinum Card, now is an excellent time to do so. Not only can you benefit from an instant card number, but you can also take full advantage of the newly introduced credits. Remember to enroll in all relevant benefits to ensure your purchases qualify for the statement credits.
Stay proactive about tracking your credits and don’t hesitate to reach out to Amex if you encounter any issues. For more detailed information, check out our comprehensive reviews of the American Express Platinum and Business Platinum Cards.
Ready to apply? Take the first step towards maximizing your rewards with the Platinum Card from American Express or the Business Platinum Card from American Express today!
For rates and fees associated with the Amex Platinum, click here.
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