Amex Platinum Cost Card Improve Provide [140K Points] – CardExpert

American Specific India is aggressive in selling Steel card ever since 2019 as they despatched out the improve provides to “nearly” all present Amex Cardmembers with 125K factors as welcome bonus, as an alternative of the standard 100K factors. That’s the place it began!

After that Amex was solely sending improve provides within the vary of 100K-110K MR factors. However in Jan 2024 they’ve provide you with an incredible provide for Amex Plat Charge Card: 135,000 Amex MR factors.

And now in Nov 2024, they’ve despatched the perfect improve provide of the last decade: 140K Factors, as a result of anyway they hiked the payment. Listed here are the main points together with the earlier greatest provides we noticed previously.

140K Improve Provide (Nov 2024)

• Becoming a member of Charge: Rs.66,000+GST = Rs.77,880
• Welcome Provide: As a part of Welcome Present, Cardmember will get 1,00,000 Membership Rewards® Factors inside 120 days of Cardmembership, upon internet spending ₹50,000 on the Primary Card throughout the first 60 days of Cardmembership and cost of first-year payment of ₹66,000 plus relevant taxes. The extra 40,000 Membership Rewards Factors will probably be credited to Cardmember’s account upon fulfilling the above standards and inside 120 days from the provide finish date.
• Provide legitimate from 1 Nov 2024 – 30 Nov 2024 (more likely to be prolonged).

Observe that this may be availed provided that you’ve obtained the focused provide in your present American Specific Credit score Card.

Assuming 55Ps/Marriott Level (1:1 by way of Amex), the MR factors simply takes care of the becoming a member of payment, remainder of the advantages on the cardboard are free for a yr.

Completely price it, for many who can get worth out of the MR Factors by way of Marriott (or/after which to different airline reward packages like AA).

Even-though it’s price the price, it’s not profitable in comparison with the 135K provide with the earlier becoming a member of payment. Nonetheless, now that there isn’t a choice left, I believe 140K is sweet and this may most likely go upto 150K someday within the close to future, as most have gone for the improve with the earlier provide already.

135K Improve Provide (Jan-Oct 2024)

• Becoming a member of Charge: Rs.60,000+GST = Rs.70,800
• Welcome Provide: Get 1,00,000 Membership Rewards® factors on upgrading to the Platinum Card & upon spending Rs. 50,000 on the Card in first 60 days of Card membership.  Moreover, as a part of this provide, an extra 35,000 Bonus Membership Rewards^® factors will probably be credited to your Card Account inside 120 days from the profitable processing of Card software and fulfilment of requisite standards. So whole 135,000 MR factors.
• Provide legitimate from 1 January 2024 – 31 January 2024 (prolonged by Oct 2024).

If I’ve to check it with the earlier provide, it appears they’ve eliminated the “renewal” profit, which anyway isn’t an enormous deal as you possibly can see beneath.

125K Improve Provide (Earlier greatest)

• Becoming a member of Charge: Rs.60,000+GST = Rs.70,800
• Welcome Provide: Get 1,25,000 Membership Rewards® factors on upgrading to the Platinum Card & upon spending Rs. 90,000 on the Card in first 3 months of Card membership. (100K common factors + 25K factors additional)
• Renewal provide: Rs.20,000 price Taj Vouchers on first yr renewal.

This maynot be the perfect improve provide as few of them have been in a position to seize the steel card for 35K+GST becoming a member of payment (by swapping jet card) and lock in that low payment for all times – which is wonderful however that won’t return anytime quickly.

Must you go for it?

For first yr, its an impressive provide and if 50% and even 30% bonus on Marriott points transfer offer reveals up this yr too, you’ll be fortunate as you can get an incredible worth while you redeem the factors with Marriott Hotels or by additional transferring to American Airways (or) even to United Mileage Plus (even after the devaluation).

When you choose less complicated redemptions, it’s possible you’ll as properly go for Taj/Amazon Vouchers or others by way of Amex Gold Collection (24K or 18K) so long as both Gold charge (or) MRCC is in the identical pool of factors as they are often linked collectively.

That apart, getting worth on common spend or by way of advantages that comes with the cardboard calls for a way of life of it’s personal. Do take a look on the detailed evaluation of Amex Platinum Charge Card (up to date for 2024) for extra on that.

What’s your tackle the newest Amex improve provide in 2024? Be at liberty to share your ideas within the feedback beneath,