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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