[YMMV] American Express Platinum 125,000 Points + 10x Shop Small/Restaurant For 6 Months

Update: Better offer found – American Express Platinum 125,000 Points + 15x Shop Small/Restaurant For 6 Months (Resy Offer)

The Offer

Direct Link to offer (open incognito)

  • American Express is offering a new sign up bonus on the Platinum personal card, as follows:
    • Get 100,000 points signup bonus when spending $5,000 within 6 months.
    • 10x points per $1 spent when you Shop Small in the U.S. and restaurants worldwide on up to $25,000 in spend within your first six months month

You can find which establishments are considered Shop Small using this map locator from AmEx. 

Card Benefits

  • Annual fee of $695 is not waived the first year
    • Authorized Platinum cards are $175 for three user (then $175 per Platinum)
    • Authorized Gold cards are free
    • Full details here
  • Card earns at the following rates:
    • 5x points per $1 spent on purchases made with airlines or with American Express Travel
    • 5x points per $1 spent on hotel & airline bookings made directly from the American Express travel website
    • 1x points on all other purchases
  • $200 airline incidental credit per calendar year
  • $200 Uber credit ($15 per month and additional $20 in December)
  • Lounge access:
    • Centurion lounge access
    • International American Express lounge access
    • Delta SkyClub lounge access
    • Priority pass select membership
    • Airspace lounge access
  • $240 digital entertainment credit. This is a credit of $20 per month and can be used on Peacock, Audible, SiriusXM and The New York Times.
  • $200 hotel credit. This can be used on select prepaid bookings (Fine Hotels + Resorts® and The Hotel Collection) when using American Express Travel
  • $179 Clear credit
  • $300 Equinox credit. This is a $25 credit each month
  • Global Dining Access by Resy
  • The Global Lounge Collection

Our Verdict

We’ve just seen American Express increased the annual fee to $695 from $550 and add some new benefits to the card. This offer is the same as the previous offer apart from those changes and the 10x is on Shop Small/restaurants instead of Gas & Grocery. Gas & Grocery are much better categories in my opinion but everybody is different. Hopefully people caught Chuck’s post yesterday warning of these changes.

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