Credit Cards

Updated – Massive 150k Amex Business Platinum upgrade offer is actually for a new card

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Update! – Read the fine print closely. This was actually for a new card not an upgrade. My current Biz Gold was mentioned in the offer but the links populate a new application not an upgraded offer. My Apologies…original article below:

Keep your ears pricked! I just received an absolutely monster, the biggest I’ve ever seen, upgrade offer to Amex Business Platinum.  I’m not alone, I’ve seen 140k offers from MaxMilesPoints and it seems this may be a new round circulating. The best part…it seems, accordingly to the offer terms, that I have until the end of April to take the upgrade offer. This continues the heaps of points Amex continues to throw at existing cardmembers via upgrades and targeted offers. Let’s take a peek at my 150k Amex Business Platinum upgrade offer.

  • 150k after $15k spend in 3 months
  • 0% interest for 12 months as well on qualifying Pay Over Time purchases.

a group of people walking on a streetYou can see here on the very last line…if your application isn’t received by 4/13/22 we will not process your application. They could modify or revoke as well…

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Here’s a rundown of the Amex Business Platinum

  1. Annual fee $595 (Rates and fees)
    • Annual fee goes to $695 (Rates and fees) if application is received on or after 1/13/22.
  2. $179 Clear credit (enrollment required )
  3. $200 annual airline incidental fee reimbursement (enrollment required )
  4. $120 Wireless Credit ( enrollment required )
    • $10 per month wireless credit,
    • Must make payments directly to any US Wireless provider
  5. 1.5x points on qualifying purchases over $5000
  6. 1.5x on up to $2 Million at select categories
    • Electronics goods, retailers, software, and cloud service providers
    • Construction materials and hardware supplies
    • Shipping providers
  7. Global Entry fee reimbursement – worth $100 (enrollment required )
  8. Priority Pass Select membership – worth ~ $400 (enrollment required )
  9. Cell Phone Insurance
    • $800 per claim, 2x per 12 month period
    • $50 deductible per approved claim
  10. Delta Sky Club lounge access – when flying on Delta
  11. Centurion Lounge access – network expanding and very worthwhile
    • I do love these clubs! Check out SFO, MIAMI
  12. Access to Fine Hotels and Resorts
    1. Amazing benefits such as free breakfast, resort credits, room upgrades, early check in, late check out, etc
      • Using Amex FHR has earned me $100s per stay each time I use it.
  13. Over 20 transfer partners: like Singapore Air, Air Canada, Air France, British Airways
  14. Marriott Gold status (enrollment required )
  15. Hilton Honors Gold status (enrollment required )
  16. The Hotel selection
    1. slightly different than Fine Hotels and Resorts, but provides great benefits, credits, and upgrades
  17. 5x points on flights booked through Amex Travel
  18. Access to International Airlines Program rates for select premium cabin flights originating in the USA
  19. $400 Annual Dell credit ( enrollment required )
    • This is split into 2, $200 credits, applied every 6 months: Jan to June and July to Dec
  20. $360 Indeed credit ( enrollment required )
    •  get $90 per quarter, Up to $360 annual statement credit
    • on all Indeed hiring and recruiting products and services
  21. $150 Adobe credit ( enrollment required )
    • : $150 annual statement credit on select purchases,
    • Adobe Creative Cloud, creative apps and services, and Acrobat Pro DC with e-sign.

Honestly…these offers just seem too good to be true but they keep targeting

My biggest concern here is that I currently have 2 Amex Biz Golds. With an offer like this, I’d do it in a heartbeat, but I have 3 Amex Business Platinums already and don’t want to tempt fate. Every single card has been a targeted offer to me specifically, via USPS or email, but after the whole Amex shutdown fiasco earlier this year via a rogue rep, I don’t want to somehow end up collateral damage. I have a while to think about it, but keep an eye out as you may get targeted as well.

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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Affiliate LInk

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 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 

Annual Fee


Points Earned

Transferrable Chase Ultimate Rewards

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
    • That’s $750 when you redeem through Chase Travel℠
  • 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, 2024
  • $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.


  • ktc November 18, 2021

    2 email offers:

    1. You’re pre-approved to upgrade to the reimagined Business Platinum Card (140k pts, $10k spend)
    2. Earn 150k Membership Rewards Points after you add the reimagined Business Platinum Card ($15k spend)

    No 0% Apr. I have a Gold business, but no Plat. I think its worth the extra $300 for at least a year with the “reimagined” Plat. I have to act by 04/13/22, but will do before the jump in Jan.

  • H November 18, 2021

    haven’t seen them mention any lifetime limit so it seems appetizing

  • Rob November 18, 2021

    Mine reads exactly the same. But I’m confused about whether this is an upgrade or a new application. It looks more like a new application when I click through the “apply now” with income questions etc. But in the upper right corner of the email it has a picture of my Amex business green card. I don’t see the word “upgrade” anywhere though.

    • Rob November 18, 2021

      Ok, so I just went through the process and my suspicions about this being a new application and not an upgrade was right. I was approved and it shows up in my account along with my old green card, not instead of it.

    • Miles November 18, 2021

      Rob – I updated the post…you’re right. I misunderstood the offer since it had my business gold information at the top and others had received upgrade offers + I have 3 business platinums that this was indeed an upgrade but it look like its a targeted new application.

  • Earl Lee November 17, 2021

    I got this too but the email they sent me ending with the last 5 digits is ALREADY a Business Platinum. I’m not sure what there is to upgrade as I already have the Business Platinum. I’m confused. Are they asking me to apply for another?

  • Alex2 November 17, 2021

    I got the offer too, but when I applied I was denied since I already have the Biz Plat. I’ve heard though that you can have more than 1 Plat so I’m not sure what that’s about…..

  • brian November 17, 2021

    I don’t have a business platinum card now. I see a 150K offer for a new application, and a 140K offer for my gold biz upgrade. Can I get both? probably won’t but wondering….

  • JeffP November 17, 2021

    Yep..I got it today too. I have the same concerns you do. This would be 3 Biz Plats in less than a year??? Tempting but I am going to pass for now.

  • Mak November 17, 2021

    I was targeted but going to pass. This card has just become too gimicky for me and I gave it up during Covid when I was getting zero value out of it. I don’t want to bother with the enrollments and keeping track of the benefits and when to use them . . . reminds me of cutting coupons or S&H Greenstamps, but payiing $600 for the privilege. This card was once valuable when the travel benefits were there (a real concierge, 2for1 F/J tickets, FHR Rates that didn’t come at a premium price that subsumes the value of the benefit) but I don’t want to be bothered with these little kickbacks. The 150K miles is obviously enticing, but 2 years of Annual Fees will wipe out the benefit. Pass.

    • FabinhoBP November 17, 2021

      You said it all Mak !!!
      I’ve been an Amex Platinum Customer for almost 30 years (33 Amex years in total) but I am about to drop the card because these actual stupid “benefits” means nothing to me.

      • Mak November 18, 2021

        I carried the Business Platinum Card as my principal card for 27 years and started to realize how hard I was working to justify the annual fee. My AF was due just as Covid was starting and nobody was going anywhere, to get some relief. A small discount would have made me happy enough, but I was told pay the full fee or give up the card – so arrogant. So I did, and haven’t missed it yet. I got a free Blue Card to keep my miles and now my Chase Ink is my main card. The irreconcilable differences between Amex and I have only grown in the past 18 months. They kept their card, and I have an extra $750 or so in saved Annual Fees (and growing) in my pocket, and never have to think for a second how to justify it to myself or anybody else. I have enough to think about without dealing with that stuff.

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