- Rev.001-first posted on 2021-06-27
- Rev.001 is obsolete, please see Rev.002
Promotion ends: 2021-08-03
Promotion details:
From now to 2021-08-03, apply for an Amex personal platinum card and get up to 150,000 Member Rewards points (see pic below), which will be equivalent to at least CAD 1500. In order to get this 150,000 points, the following tasks need to be completed:
- Spend CAD 6,000 within first 6 months of card membership and get 70,000 points
- If 5,000 spending out of this 6,000 is on eats and drinks (grocery stores included), then there will be 50,000 extra points. Feeling difficult to spend so much in such short period? Check this post
- Spend any amount between 14th to 17th months of card membership and get 30,000 points, i.e. you will need to keep the card for a second year which means you will need to pay annual fee for second year
In summary this is the highest welcome bonus ever on this personal platinum card. Although the annual fee seems hefty, but by taking advantage of this welcome bonus you can still pocket some gains after two years of holding this card. Here is the math:
- As mentioned above, the 150,000 points will be equivalent to CAD 1500 at least, if they are redeemed for statement credit, not to mention that the points can be converted to Aeroplan or other programs for maximum value
- The annual fee for two years will be CAD 699 each, which will be 699*2=1398.
- This Platinum card comes with a CAD 200 travel credit every year, so to reduce the annual fee, you can book a refundable travel through Amex travel and cancel the travel after scooping the $200 travel credits.
- So the gain is 1500-699-699+200+200=502 at least, not to mention that this Platinum card will provide you with elite status with multiple hotel brands and car rental companies.
- Plus, through out the year there will be offers from grocery stores, shopping malls popping up for this card. (see pic below, I got lots of credit from 2020-05 to 2021-05, which totally covered one annual fee)
If you are interested, please apply through this link: http://amex.ca/share/yANGPtd3M?XLINK=MYCP
