Advertiser Disclosure

AmEx Platinum Boosts Welcome Bonus 50%

March 30, 2017
Credit Cards, Promos, Rewards Credit Cards, Travel Credit Cards
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.

This page may be out of date

This page includes information about one or more products not currently available on NerdWallet.

  • The Platinum Card® from American Express

As a result, offers described on this page may be out of date. See our best credit cards page for updated offers.

» This offer has expired

The offer described below has expired. See our card details page for the current offer for the The Platinum Card® from American Express.

The new version of The Platinum Card® from American Express is here, and it’s better than expected.

A month ago, American Express announced a slew of new perks — including $200 a year in Uber credits — and a higher annual fee for the premium card. These changes debuted today, as planned.

But then — surprise! — the issuer also boosted its welcome bonus by 50%. The new bonus: Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months. Terms Apply. Previously, the bonus was 40,000 points. The change increases the card’s bonus value by $200, based on NerdWallet’s valuationsYou may be able to pre-qualify for a larger welcome bonus through NerdWallet’s prequalification tool.

The change does two things for the gussied-up version of The Platinum Card® from American Express: It makes the increased $550 annual fee easier to stomach, and it makes the card more competitive with the Chase Sapphire Reserve®, Chase’s popular premium card, released last year.

For most frequent travelers, the Chase Sapphire Reserve® still offers better value. Its sign-up bonus is worth $750, when redeemed for travel through Chase. The Platinum Card® from American Express‘s welcome bonus is worth $600, according to NerdWallet’s valuations. But if you love traveling in luxury, the new benefits on The Platinum Card® from American Express make it worth considering. See our updated review of The Platinum Card® from American Express for more information.


NerdWallet team members who carry The Platinum Card® from American Express say using the perks is the key to getting your money’s worth:

Information related to the Chase Sapphire Reserve® has been collected by NerdWallet and has not been reviewed or provided by the issuer of this card.

Claire Tsosie is a staff writer at NerdWallet, a personal finance website. Email: [email protected]. Twitter: @ideclaire7.