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Amex Platinum announces $30 monthly PayPal credit
Carry an Amex Platinum? You just got a $180 worth of PayPal credit. Starting January 1st, 2021 and running for 6 months, until the end of June 2021, US Amex Platinum cardholders will receive a $30 PayPal credit every single month. I was kind of wondering what was going to happen when the $20 monthly mobile and streaming credits expired, and we have our answer. We are getting $180 worth of PayPal credits!
Quick look at the terms and conditions:
- US based Basic Consumer American Express Platinum – no Biz Plat
- No Enrollment required
- PayPal Charges made by cardholder and additional Platinum card members will go towards $30 monthly credit
- All transactions must be in USD
- Person to Person payments are not eligible for statement credits. This includes payments made to friends and family or directly to merchants for goods and services via the PayPal app.
Don’t have an Amex Platinum?
Now could be a good time. Amex Platinum is offering between 75k and 125k on welcome offers depending on what you’re targeted to receive.
- Welcome offers between 75k and 125k
- 5x on flights purchased in Amex Travel or directly with the airline
- Amex Platinum $200 annual Uber credits
- These can be used for Uber Eats as well
- Amex Platinum $200 annual Airline incidental fee credit
- 10 reasons why The American Express Platinum card is worth the $550 annual fee
- $100 annual Saks 5th Avenue credit
- Shoprunner membership
- Fine Hotels and Resorts
American Express has some of the best points
American Express Membership Rewards has over 20 transfer partners and our entire site is geared towards educating you on how you can best access sweet spots in those transfer partner charts.
Don’t forget to read our list of great American Express Membership Rewards redemptions
We have an entire list of great Amex redemptions from great economy seats on short flights to some of the most luxurious first class experiences in the world.
$550 is a hefty annual fee, but Amex continues to offer attractive ways to offset that fee and extract tons of value
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
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 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, 2027.
- $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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