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You are probably already aware that Amex Business Platinum cardholders ( who had their card before 11/1/2020) are eligible to receive 5x points on US gas, up 80k points until the end of June. That benefit was announced in early January. Things just got a little sweeter. Check your Amex Offers, but my Amex Business Platinum was targeted for 3x points. My Amex Business Gold was targeted as well, and remember, Amex Business Gold awards 4x points to the top two categories you spend most on in a month. Gas happens to be on one those categories…so this means you could be earning 7x points on every purchase through 9/29/21. Pretty amazing deal really. I try my best to make use of as many Amex Offers as possible since I spend so much on annual fees and this is a great way to offset them.
But Zach…you said up to 13x. Yes…for those of you who acquired an Amex Platinum with the current 10x on US Gas and US Supermarkets offer and your card is targeted with this 3x offer, you could earn up to 13x on your gas purchases at Conoco, Philips 66, 76. My Amex Green, which currently has an upgrade offer on it to the 10x Platinum offer, is targeted. If I pulled the trigger on that upgrade, the Amex Offer would be in tact, so that tells me there will be people able to earn up to 13x.
The average American family spends $250 a month on gas. That’s 3250 Amex points every month if you maxed it out at 13x. 8x is 2k a month…and so on.
Here are the 7 American Express Cards that I keep and links to their current offers and why we have them in our wallet and recommend your consideration. If you’re unfamiliar with Amex Offers…read our full breakdown.
- American Express Platinum
- American Express Gold
- American Express Green
- American Express Business Platinum
- American Express Business Gold
- American Express Blue Business
- American Express Blue Business Plus
Amex Business Platinum +4x on gas until 6/30/2020
+3x on Philips 66, 76, Conoco
- Pump Only
- Expires 9/29/21
- No limit that I’m seeing
- No online, phone, app, or aviation fuel, car wash, convenience, or Philips 66 lubricants division
OFFER TERMS
ENROLLMENT/ELIGIBLE CARDS: Enrollment limited. Must first add offer to Card and then use same Card to redeem. Only U.S.-issued American Express® Cards that are enrolled in the Membership Rewards® program at the time of purchase are eligible. Limit 1 enrolled Card per Card Member across all American Express offer channels. Your enrollment of an eligible American Express Card for this offer extends only to that Card. Your enrollment does not extend to any other Cards that may be linked to the same Membership Rewards program account (such as Additional Cards). Offer is non-transferable. ELIGIBLE PURCHASES: Offer valid for automotive fuel purchases paid for at the pump at U.S. Phillips 66®, 76®, and Conoco® locations only. Card must be swiped at the pump in order to be considered eligible. Excludes online, phone, or mobile app transactions, all other types of fuel purchases such as aviation fuel, Phillips 66 Lubricants Division, car wash and convenience store purchases located at gas stations, and purchases made at authorized retailers. Purchases may fall outside of the offer period in some cases due to a delay in merchants submitting transactions to us or if the purchase date differs from the date you made the transaction (for example, the purchase date for online orders may be the shipping date). If American Express does not receive information that identifies your transaction as qualifying for the offer, you will not receive the additional points. For example, your transaction will not qualify if it is not made directly with the merchant. In addition, in most cases, you may not receive the additional Membership Rewards points if your transaction is made with an electronic wallet or through a third party. EARNING POINTS: You will receive 3 additional Membership Rewards points per eligible dollar spent using your enrolled American Express Card in accordance with the terms of this offer. The enrolled Card account must be active, not be past due, canceled or have a returned payment outstanding to receive the additional Membership Rewards points. Any additional points you receive through this offer are in addition to the points you would normally receive for purchases charged to your Card, but the number of additional points you receive will be based on the purchase price after any credit or other discount is applied. When we calculate the additional points benefit for Amex EveryDay® Card products, points awarded under this offer will not be included. Additional points will be credited to your Membership Rewards program account within 90 days after charges appear on your billing statement. We may not credit additional points to, or we may take away additional points that have been credited to, your program account if the qualifying purchase is returned/cancelled. Terms and conditions for the Membership Rewards program apply. Visit membershiprewards.com/terms for more information. Participating partners and available rewards are subject to change without notice. The value of Membership Rewards points varies according to how you choose to use them. To learn more, go to www.membershiprewards.com/pointsinfo. By adding an offer to a Card, you agree that American Express may send you communications about the offer. Bonus ID: B6Z7 POID: K1X6:0001
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
60k Points after $4k spend in 3 months
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 60k points after $4k spend in 3 months
- Worth $750 in Chase Travel℠ and way more if you maximize transfer partners
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex℠and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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