Good afternoon everyone, I hope your week is going well. A few weeks ago, Laura and I moved into a new home and we are in the process of getting custom closets installed in the bedrooms. With that large purchase on the horizon, I wanted to get a new credit card to pick up another sign up bonus. I saw that I was targeted by American Express to expand my membership by getting another business card. I decided to get the American Express Business Gold Card. I will share the application process and welcome letter below, but first, here are the front and back of the new card:
Good evening everyone, happy (almost) Friday. I was reviewing my recent American Express Business Platinum Card statement and saw this upcoming change. Effective June 1, 2022, if you have or add an authorized user / employee Platinum card, the cost will increase from $300 per card to $350 per card. I believe the only real benefit of having an authorized user / employee Platinum card is the ability to get into Centurion Lounges when they are travelling by themselves.
Also, if you are a servicemember (thank you for your service), you will still be eligible for the Servicemembers Civil Relief Act (SCRA) which waives all annual fees on American Express credit cards.
Good evening everyone, I hope your weekend is going well. I was just reviewing my recent American Express statements and saw a few changes regarding cash advance fees, earning bonus points on meal-kit delivery services, losing points when you close an account, late payment fees and the Centurion Lounge Guest Access Policy. The most interesting change is regarding cash advance fees. Effective October 1, 2021 (aka now), “precious metal coins or bullion and digital precious metals products” are no longer considered as a cash advance, so those purchases should earn points, miles, and cash back. This is great news if you buy coins from the US Mint (to keep or resell). As you might remember, American Express added precious metal coins or bullion and digital precious metals products to their definition of cash advance effective January 15, 2021. It is good to see American Express changing their mind regarding precious metal coins and bullion.
Good morning everyone, I hope your Fourth of July weekend is going well. I know there has been a lot of news this week about the American Express Platinum Cards, but I still wanted to share the details of the changes that were posted to my American Express Business Platinum Card. I don’t have any other varieties or flavors of Platinum Cards, so I am not sure if these changes apply to all Platinum Cards or only to the Business Platinum Card. To start, American Express is revising / clarifying the language regarding additional card members and how refunds are handled if you cancel an authorized user / employee card. These changes mention the Cardmember Agreement which can be found here, then click on Small Business Cards, and then click on the Business Platinum Card.
Good afternoon everyone, I hope your week is going well. 2 years ago, I wrote My Disappointing Experience with AMEX Business Platinum 35% Membership Rewards Point Rebate. In that post, I shared my negative experience using the 35% Airline Bonus benefit that is available on the American Express Business Platinum Charge Card. Long story short, the automatic 35% rebate never showed up, so I contacted AMEX to resolve the issue and the AMEX rep gave me the wrong rebate amount (fewer points than I was supposed to receive). I then contacted AMEX via Twitter to resolve the issue. Since that negative experience, I did not trust / use the 35% Airline Bonus benefit until April 2021. Thankfully, I had a much better experience that was surprising simple and straightforward. If you have the AMEX Biz Plat and haven’t used this benefit in a while, I think it is time to give it another shot.
As a reminder, the 35% Airline Bonus benefit allows you to get a 35% rebate on the number of American Express Membership Rewards Points you redeem toward any flight on your selected airline or any business / first class flight on any airline. You can receive up to 500,000 rebated points per calendar year (maxed out when you redeem 1.43 million points).