American Express Increases 35% Business Platinum Rebate Cap (To 1,000,000 From 500,000)

In 2017 American Express reduced the 50% rebate on business class airfare or even economy airfare on your selected airline to 35% on the Business Platinum card and introduced a 500,000 points cap as well. That cap is now increasing to 1,000,000 points. In 2018 American Express did experiment with offering an increased cap when reaching spending requirements. This obviously won’t affect most cardholders.

Hat tip to DDG

Source: doctorofcredit.com

Huge Retention Offers On American Express Business Platinum Cards

Update 1/17/22: Reports of generous retention offers again, including $595 and $695 statement credit offers.

In May we reported that American Express was offering some juicy retention offers on most credit cards. In the last week there has been some reports of a huge retention offer on the American Express Business Platinum card. Some cardholders are being offered 30,000 Membership Rewards points on renewal and then an additional 50,000 Membership Rewards points after $40,000 in spend within three months. Obviously the spend requirement of $40,000 will be difficult for a lot of people to meet.

Keep in mind this card is also offering a $200 appreciation credit on renewal currently as well. The American Express Business Platinum card also offers a $20 per month credit for both wireless and shipping purchases until December 31, 2020 as well. Obviously there is no guarantee you’ll get such an offer, but it is worth making the call.

Source: doctorofcredit.com

Chase Freedom Flex & Unlimited: $200 Bonus + 5% Back On Gas First Year (Up To $6k Spend)

The Offer

Direct link to offer

Chase is offering an additional bonus on the Chase Freedom Flex and Chase Freedom Unlimited cards:

  • Get the standard $200 sign up bonus after $500 in spend; in addition, the card will earn 5% cashback on Gas purchases in the first year, up to $6,000 in spend.

Card Details

Freedom Flex

  • No annual fee
  • Card earns the following points rates:
    • 5% on rotating Quarterly Categories on up to $1,500 in total purchases (e.g. Q4 2020 will be PayPal and Walmart)
    • 5% on Travel purchased through Chase Ultimate Rewards
    • 3% on Dining 
    • 3% on Drugstore 
    • 5% on Lyft through March 2022
    • 1% unlimited cash back 

Freedom Unlimited

  • No annual fee
  • Card earns 1.5% cash back on all purchases

Our Verdict

Keep in mind while these cards talk about cash back you actually earn Chase Ultimate Rewards points. This means if you have an annual fee card such as Chase Sapphire Preferred, Chase Sapphire Reserve, Chase Ink Plus or Chase Ink Preferred then you can transfer these points to travel partners. You could also use these points for the Chase Pay Yourself back feature to make them worth 1.5¢ each.

As noted, the standard bonus on these cards is $200, and the 5% back on Gas is an additional bonus. Until recently there was a similar offer for 5x back on Grocery Stores (up to $12,000), but that has now been discontinued. We mentioned this Gas offer version floating around in the past, and it now looks to be the standard new offer on Chase and on referral links so I thought it worth a dedicated post. There’s also an alternate offer for the Freedom Unlimited card, specifically, to get an extra 1.5x per dollar spent anywhere during the first year, up to $20,000 in spend. Which offer you choose will depend on your spend patterns and on what other cards you have.

Unfortunately a lot of readers won’t be eligible for these cards/bonus due to the Chase 5/24 rule. We will still be adding this to our list of the best credit card bonuses.

Source: doctorofcredit.com

The cards TPG staffers are keeping, canceling and downgrading – The Points Guy


The cards TPG staffers are keeping, canceling or downgrading – The Points Guy


Advertiser Disclosure


Many of the credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Please view our advertising policy page for more information.

Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Source: thepointsguy.com

[Update] American Express Will No Longer Offer Free Guest Access To Centurion Lounges (Starting Feb 2023), Fee Reduced

Update 1/15/22: There is now a spend tracker showing your progress toward the $75,000 spend threshold for guest access. Hat tip to Parts_Unknown-

Update 7/1/21: Cardholders will be able to bring two guests aged 2 through 17 for $30 per person, rather than the previously announced $50.

Update 4/9/21: American Express has officially confirmed this, not sure it was needed considering the terms were updated on their own site (now removed) but good to know for sure.

Original post: American Express has updated the terms for Centurion lounges and beginning February 1, 2023 you’ll no longer get to guests access for free (terms have now been updated again and don’t show these terms, but you can view a screenshot below). Instead a fee of $50 will be charged per guest. If cardholders spend $75,000 within the prior calendar year (or current calendar year) the $50 fee will be waived.

This is an interesting change as for some people it’ll actually be a positive as it should help to reduce overcrowding. For others this will be a huge negative as Centurion Lounge access with guest access is the main perk of the card. This seems to favor business travelers rather than leisure travelers. This was also one of the rumors surrounding the annual fee increase on the personal Platinum card.

Source: doctorofcredit.com

Chase Sapphire Reserve 70,000 Points Bonus – Online Offer

The Offer

Direct Link to offer (login required)

  • Signup for the Chase Sapphire Reserve and get 70,000 points after $4,000 in spend within the first three months.

Card Details

  • $550 annual fee
  • Card earns at the following standard rates per $1 spent:
    • 3x points on travel & restaurants
    • 1x points on all other purchases
  • No foreign transaction fees
  • $300 annual travel credit
  • Primary car rental insurance
  • Visa infinite benefits

Full review on Chase Sapphire Reserve can be found here.

Our Verdict

The standard bonus for Sapphire Reserve is 50,000, though we recently saw 60,000 or even 70,000 in-branch. Nice to see here a public 70,000 online offer. I’m not sure where the link originated. It does require a Chase login so it won’t work for someone with no Chase login.

We’ve seen Sapphire Preferred as high as 100,000, but I don’t think any of those offers are currently available. See these 26 Things Everybody Should Know About Chase Credit Cards before applying for a Chase card.

Hat tip again to JonLuca

Source: doctorofcredit.com

Marcus By Goldman Sachs Announces Three New GM Cards, Transition For Existing Cardholder

In late 2020 it was announced that Goldman Sachs had outbid Barclays for the GM portfolio of credit cards. It was reported Goldman Sachs purchased the portfolio from Capital One for $2.5 billion. Marcus By Goldman Sachs has now launched three new GM cards and provided information for existing users.

Existing Cardholders

  • Marcus by Goldman Sachs will begin servicing GM your account on February 22
  • You can use your old card until your new one arrives. Cards will begin arriving beginning February 22 and card deliveries will be happening through the first week of April.
  • You’ll keep the value of your unused Earnings even after the transition.
  • You’ll manage your account at marcus.com after the transition.

New Cards

Marcus by Goldman Sachs are offering three cards:

  • My GM Rewards Card.
    • No annual fee
    • 10,000 points after $1,000 in your first 3 months
    • Card earns:
      • 7x points on GM purchases
      • 4x points on all other purchases
  • GM Business Card (accepts applications 2/18/22)
    • Get $250 to redeem at GM towards the purchase or lease of eligible new GM vehicles after you spend $2,500 on purchases in your first 3 months from account opening
    • No annual fee
    • Card earns:
      • 5% back on dealership parts or service
      • 3% back on Gas, restaurants office supply stores
      • 1% everywhere else
  • GM Extended Family (accepts applications 2/18/22)
    • No annual fee
    • $100 after $1,000 in your first 3 months
    • Earn 1% back on everyday purchases from gas and groceries to travel and tickets

Source: doctorofcredit.com

Chase United Business 150,000 Miles Offer ($20,000 Spend)

Update 1/13/22: Offer is back. Hat tip to reader cxr

The Offer

Direct link to offer

  • Chase is offering up to 150,000 miles on the United Business card. Bonus is broken down as follows:
    • 75,000 miles after $5,000 in purchases within the first three months
    • An additional 75,000 miles after $20,000 in total spend within the first six months

Card Details

  • Annual fee of $99 not waived first year
  • $100 annual United travel after 7 United flight purchases over $100
  • 25% back on United inflight purchases
  • Card earns at the following rates:
    • Earn 2 miles per $1 spent on purchases at restaurants, gas stations, and office supply stores.
    • Earn 2 miles per $1 spent on local transit and commuting, including taxicabs, mass transit, tolls, and ride share services
    • Earn 2 miles per $1 spent on tickets purchased from United.
    • Earn 1 mile per $1 spent on all other purchases.
  • 5,000 bonus miles each card anniversary when you have both the United Business card and a personal United credit card
  • Last seat availability
  • Miles don’t expire
  • Free checked bag when you pay with card (for 2 people)
  • Priority boarding
  • 2 Club passes per year
  • No FX fees
  • 5/24 rule applies to this card

Our Verdict

We’ve seen two bonuses on this card since it launched:

This is basically the same as the previous 75k offer but with the option of earning an additional 75k miles as well and the AF not waived. If you can hit the $20,000 spend requirement and have a use of the United miles then this is a great offer and we will add it to the best credit card bonuses. As always read these things everybody should know about Chase cards before applying.

Source: doctorofcredit.com

Now doubled: Earn up to 1 million points back with the Amex Business Platinum’s Pay with Points rebate – The Points Guy


Get up to 1 million points back with Amex Business Platinum’s Pay With Points rebate


Advertiser Disclosure


Many of the credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Please view our advertising policy page for more information.

Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Source: thepointsguy.com