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Don’t miss out on the highest bonus ever – Apply by June 22nd
I’d written about the American Express Platinum Mercedes Benz bonus before and all of the benefits that come with it, but just to refresh your memory:
Why get this card?
If you own or lease a Mercedes there are some nice perks listed above:
- 5x purchases on Mercedes
- If you’re thinking of buying one. Ask to use this credit card. If they say no, tell the dealer you’ll pay the processing fee. On a $30,000 car you’ll pay several hundred bucks in processing fees but earn another 150,000 points. Totally worth it IMO. At just $0.02 you’re earning $3,000 back. Way more when redeemed for international air travel.
- $1000 certificate when you spend $5000
- 2000 overage miles waived on a lease
- $100 credit towards accessories
Honestly, none of those apply to me.
Annnnnnnnd they probably don’t for most people who I think would benefit from this card. But here’s a list of things that do:
- 75,000 bonus points = valued at just $0.02 per point that’s worth a $1500
- $200 annual airline fee reimbursement – in your first cardmember year, you’ll qualify twice for this – that’s $400
- Global Entry fee reimbursement – worth $100
- Priority Pass Select membership – worth ~ $400
- lounge access around the globe
- Delta Sky Club lounge access – when flying on Delta
- Centurion Lounge access – network expanding and very worthwhile
- Access to Fine Hotels and Resorts
- Amazing benefits such as free breakfast, resort credits, room upgrades, early check in, late check out, etc
- Over 20 transfer partners: like Singapore Air, Air Canada, Air France, British Airways
- SPG gold status
- Hilton Honors gold status
- Boingo free wi-fi at more than 1,000,000 hotspots around the globe
- The Hotel selection
- slightly different that Fine Hotels and Resorts, but provides great benefits, credits, and upgrades
- Return protection on goods a store won’t take back, you get reimbursement up to $1000/year $300/item
Seriously the list goes on and on – if you’re interested, check out the full list here
The biggest, by far, are the transfer partners.
- AeroMexico Club Premier
- Air Canada Aeroplan
- Air France Flying Blue
- Alitalia MilleMiglia
- Cathay Pacific Asia Miles
- British Airways Avios
- Delta SkyMiles
- El Al
- Emirates Skywards
- Etihad Guest
- Hawaiian Airlines
- Iberia Plus
- Singapore Airlines Krisflyer
- Virgin America Elevate
- Virign Atlantic flying club
- Choice Privileges
- Hilton Honors
- SPG Starpoints
You could use Etihad Guest to fly like I did on Etihad Business Studio – My Favorite Business Class
So per the terms, you can get this card even if you’ve had a different American Express Platinum card, but excluded if you’ve ever had this specific product.
If you aren’t familiar the definition of a product: Credit card companies issue different types of cards even if they may carry similar looks and names. For instance, The American Express Platinum card, The American Express Platinum card for Mercedes Benz, Ameriprise American Express Platinum card, The American Express Business Platinum card, etc. All of these are technically different products, and therefore don’t count against your “Once in a lifetime” new member sign up bonus when applying for them individually. Of course, YMMV, but most people have not had problems receiving the bonus when applying for different products.
I’m still on the fence as to whether or not I’m going to pick this card up right now. I just got an Amex Plat Biz in December and I still have a Business Gold card. That’s a lot of annual fee I’m already shelling out…BUT 75k is soooo tempting. Especially because $400 of it is pretty much refunded with the airline credit. I’ll let you know what I decide to do. Remember…there is no limit to how many “charge” cards you can get, and this is a charge card.
Affiliate link via Card Ratings
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.
60k Points after $4k spend in 3 months
Transferrable Chase Ultimate Rewards
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.
- 3x on dining
- including eligible delivery services for takeout
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- 5x on all travel purchased through Chase Ultimate Rewards – Chase Travel Portal
- $50 Annual Credit on hotel stays purchased via Ultimate Rewards/Chase Travel
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 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 Portal and the slew of other benefits remain in tact including primary rental car insurance, purchase protections, etc.
- Points are transferrable to 13 Ultimate Rewards partners
- Redeem in the Chase Travel center for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Primary rental car coverage is my favorite
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.
Cards that earn flexible points and should be used on the bulk of your purchases.
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.