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Amex Business Platinum and Business Gold adds up to $300 annual ChatGPT credit

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Starting today, May 12th, new and existing US American Express® Business Gold Card and The Business Platinum Card® from American Express cardholders can get up to $300 in statement credits per calendar year on U.S. purchases of ChatGPT Business subscriptions. Enrollment in the benefit is required, and subscriptions are subject to auto renewal.

Note that ChatGPT Business requires a minimum of 2 subscriptions and is billed yearly at $25/mo or $600. This credit pays for roughly half of the yearly cost if paid all at once. If you choose monthly, it bills at $30 per month, per user ( $60 ) meaning you’d get just 5 months free. The thing I’m not sure of yet is if you can change your bill card after 5 months. For instance, I have 3 Business Platinums and 3 Business Golds. I could just swap cards after every 5 months and get a full year free for 2 people if that’s possible.

 

Benefit enrollment required. Only the Basic Card Member or Authorized Account Manager(s) on a Business Platinum Card® or Business Gold Card Account can enroll the Card Account in the benefit. Eligible purchases must be charged to the enrolled Card Account for the benefit to apply. Purchases by both the enrolled Basic Card Member and Employee Card Members on the enrolled Card Account are eligible for statement credits. Each Card Account is eligible for up to $300 in statement credits per calendar year. Valid only on purchases of ChatGPT Business made directly with OpenAI in the U.S. and U.S. territories where OpenAI is the merchant of record for the purchase. If ChatGPT Business is renamed, rebranded, or otherwise designated differently by OpenAI at any time, any such change will not affect eligibility for this benefit. ChatGPT Business purchases are subject to auto-renewal. If you purchase an annual subscription, OpenAI will charge you the then-applicable subscription fee and any applicable taxes each year on your annual subscription renewal date until cancelled. If you purchase a monthly subscription, OpenAI will charge you the then-applicable subscription fee and any applicable taxes each month on your monthly subscription renewal date until cancelled. For more information about OpenAI’s cancellation requirements and deadlines, please visit the OpenAI Help Center. Please allow up to 8 weeks after an eligible purchase is charged to the Card Account for statement credit(s) to be posted to the Account. Please call the number on the back of the Card if statement credit(s) has (have) not posted after 8 weeks from the date an eligible purchase is charged to the Card Account. If there is a delay in the merchant submitting the transaction to us or if the merchant uses another date as the transaction date, then the purchase may not contribute toward the statement credit benefit for the benefit period in which the purchase was made. If the Card Member has transferred to a different Card at the time the merchant submits the transaction, the Card Member may not receive the statement credit. American Express relies on accurate transaction data from the merchant to identify eligible purchases. Note that American Express may not receive information about the eligible purchase from the merchant until all items from the eligible purchase have been provided by the merchant. In this case, a purchase would apply toward the statement credit available in the next benefit period. Purchases may fall outside of the benefit period in which the purchase was made in some cases due to a delay in the merchant submitting transactions to us. The statement credit may be reversed if an eligible purchase is returned, refunded, cancelled or modified. The statement credit for eligible purchases, or any reversals, may be applied to either the Pay in Full balance or the Pay Over Time balance regardless of where the eligible purchases originally posted. If American Express does not receive information that identifies a transaction as eligible for the benefit, the statement credit will not be received. For example, a transaction will not be eligible if it is not made directly with the merchant. In addition, in most cases, the statement credit may not be received if a transaction is made with an electronic wallet or through a third party or if the merchant uses a mobile or wireless card reader to process it. To be eligible for this benefit, the Card Account must not be cancelled or past due at the time of statement credit fulfillment. For additional information, call the number on the back of the Card.

 

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Chase Sapphire Preferred® Card


The Chase Sapphire Preferred® is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based including Hyatt, Southwest, United, IHG, and Marriott.

Welcome Offer

Earn 75,000 bonus points after you spend $5,000 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 Points Boost
    • each account anniversary you’ll earn bonus points equal to 10% of your total purchases made the previous year
  • Points are transferrable to 14 Ultimate Rewards partners
  • No foreign transaction fees
  • Suite of Travel and Purchase Coverage
    • Auto Rental Collision Damage Waiver is my favorite
  • Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders
  • $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.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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