For all the details, see this post from The Points Guy.
In short, there is an amazing deal for 100K American Express points (after $3,000 spend in 3 months) if you apply and are approved for the Amex Platinum card.
The Points Guy goes into a lot of detail about the benefits of this card, given the hefty $450 price tag.
The Mrs and I have had this card (the Mrs as the primary user and I as an additional user) for a little under a year now. While we paid $450 (primary fee) and $175 (additional user fee) for the card this year, we got the following:
$200 in credits toward spend on AA (food, change fees, etc).
Complete reimbursement for the Mrs's Global Entry membership ($100)
- Global Entry gets you Pre-Check capabilities at airport security almost 100% of the time (speed through that security line!)
Access to lounges at almost every airport we traveled to.
Beyond that there are a ton of additional benefits this card has.
Now, many people have had success in buying $200 worth of gift cards on your airline of choice and getting the $200 credit (annual). The Mrs and I will try this in the next couple of days for 2013.
At the very least, if you get the card just for one year, you get, at a MINIMUM, $1,000 worth of spend on airline or hotel costs for $450. How? At it's most basic, you can pay airline tickets or hotel costs with Amex points which comes out to $1 = 1 point. Better yet, Amex points can be transferred to many other loyalty programs, sometimes at bonus rates.
There really isn't anything to lose here. The Mrs has said many times this year, that this card was the best investment we made with lounge access and speeding through airport security (thanks to global entry).
Since I was only an additional user, I applied for my own and got instantly approved for the 100K deal. Take screen prints in case something messes up. Most pro's in the travel blogging world say this offer may get pulled within minutes. It was still working as of 10:20am CST. Make sure you are qualified!
Since I was only an additional user, I applied for my own and got instantly approved for the 100K deal. Take screen prints in case something messes up. Most pro's in the travel blogging world say this offer may get pulled within minutes. It was still working as of 10:20am CST. Make sure you are qualified!
BTW: only get this card if you are financially responsible and pay off your debts every month!!!

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