A few days ago, I was being asked if this is the right time to apply for the American Express Platinum Charge Card? There were a few reasons I had listed for making this move right about now,
- American Express and Marriott are running a promotion with 50% more Marriott Bonvoy points on offer, which come handy for Marriott redemptions, but also for transfer to 40 airline partners.
- A special link that gets you a bonus 10,000 Membership Rewards points over and above the usual 100,000 MR you get on spending INR 25,000.
For the longest time, American Express has been offering a 100,000 Membership Rewards bonus against INR 25,000 spend in 60 days as the welcome gift. However, this peg is going to be raised significantly in the coming days.
American Express has just started displaying a notice on their website, which states that from October 20, 2019, onwards, your welcome gift will be fulfilled on payment of the annual fee and spending of INR 90,000 within 90 days, which means a 3.6 times escalation on the minimum spend requirements.
So, if you would like to apply for the American Express Platinum Charge Card, perhaps right now is the best time to apply so that you still get everything sorted out by the end of the month, and with that you will have a reasonable shot at also getting the Membership Rewards to Marriott Bonvoy transfer bonus.
What do you make of the new requirements for the American Express Platinum Charge Card?
(H/T: Pravin Kuddav)