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Updated 5/14/20
American Express announced that they will fold in $20 per month in wireless and streaming statement credits on the Platinum card between now and the end of the year. They also will give $20 per month wireless credits on the Amex Biz Plat and $10 on Amex Green.
I took immediate advantage of this after I took a retention offer and decided to keep my Amex Platinum another year. I’ve also received a pre-fee retention offer on my Amex Biz Plat, but haven’t pulled the trigger. Nonetheless, I have decided to throw $50, spread across 3 cards. In typical Amex fashion, the charges were quick to credit much like receiving bonus points on Amex Offers. The credits for both wireless and streaming are quick to credit. Let’s take a look:
Wireless credits post within two days
As you can see below, on both my Amex Platinum and Business Platinum…the credits posted very quickly. The credits posted within 2 days on the Amex Green as well, but it split across statements so wasn’t easy to screen cap.
I already had a Hulu membership that had billed, so I added on services: no ads for Disney+ and ESPN+ and I threw in Starz at a discounted rate. I had no idea how much content was on ESPN+ including Peyton’s Places with Peyton Manning, the best quarterback that ever lived 😉 Sorry, Shane…
This bundle cost was $18.99 a month for the 3 streaming + $4.99 for Starz
Since I had already paid this month’s bill with another credit card, the balance was paid on my Amex Platinum. It was refunded 3 days later
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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