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Amex Offers: Spend $1000 get 20k points with KLM + Air France

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Spend $1000 with AF or KLM get 20k Membership Rewards

We have seen this offer populate time and time again and….it’s back! I’m currently sitting on 10 American Express cards ( don’t ask me about annual fees at this point ) and let’s just say I get a lot of Amex Offers. This is attractive if you’re looking to book on Air France/KLM in the near future. Amex just ended a transfer bonus to FlyingBlue, and since that program levies taxes and fees, this could be a great way to offset some those with a point bonus. Let’s take a look at this current Amex Offer whereby you can earn 20k Membership Rewards after spending $1k with Air France or KLM.

I’ve been fortunate enough to fly Air France business class on two different planes as well as KLM on the 787-10 and 777W

a row of seats with monitors on the side

Amex Offers and why I keep 10 Amex cards.

We have an entire post dedicated to Amex Offers, how they work, and how you can easily earn back your annual fee in statement credits or points. You can read it here.

I just added a 3rd Amex Business Platinum ( I was targeted for 150k offer ) which brings my American Express Card to a whopping 9. Here’s what I keep, why we have them in our wallet, and recommend your consideration. Amex Offers are incredibly valuable for any member and how we earn back tons of points and credit every year, but also remember that you can earn referral bonuses on each and every card you carry ( go here  ). It’s how we earn over 500k points a year without spending a dime.

Spend $1k+ and get 20k Membership Rewards with Air France or KLM

  • $1000+ in one or more transactions
  • must makes purchases by 12/01/23
  • must originate in the US and be in US dollars

a close-up of a membership form

Overall

Flying Blue passes on some hefty taxes and fees and this could be an opportune time to recoup some of those fees with a juicy Membership Rewards bonus.

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® Card went through a major refresh in 2026 adding new bonus categories, travel protections, statement credits, and remains one of the best travel starter cards in the market.  It 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. Note that Hyatt is now a 4:3 transfer partner

Welcome Offer

Earn 100,000 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

Earn

  • 5x on all travel purchased through Chase Travelâ„ 
  • NEW ACCELERATED EARN CATEGORY: 3x points on gas and EV charging
  • NEW ACCELERATED EARN CATEGORY: 3x points on vacation homes at top brands
    • Cardmembers will earn 3x points on vacation homes at these top brands: Airbnb, Vrbo, Plu Guide, HomeAway, Homestay.com and Vacasa.
  • 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)
  • 2x on all other travel
  • 1x on everyday purchases
  • 5x points on Lyft rides Earn 5x total points on eligible Lyft rides including ride share, bike and scooter rides and subscription and membership products through September 30, 2027.
  • 5x total points on Peloton equipment Earn 5x total points on eligible Peloton equipment and accessory purchases over $150 through December 31, 2027.

Benefits and Credits

  • $100 Annual Chase Travel Hotel Credit via Chase Travelâ„ 
  • NEW: $120 Global Entry, TSA PreCheck or NEXUS fee credit Cardmembers will receive one statement credit of up to $120 every four years as reimbursement for the application fee charged to the card.
  • NEW: Complimentary Apple TV subscription for one 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

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® Card is great 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: Chase Ink Business Cash® ,  Chase Ink Business Unlimited® you can combine the points into the Sapphire Preferred account and transfer into hotel and airline partners

Annual fee remains quite low at $95 a year and if you use the $100 Annual Chase Travel Hotel Credit via Chase Travelâ„  you’ll wipe out that annual fee every year.  It has great bonus categories and other useful statement credits to enhance your travel.

One thing that is a bummer is Chase lowered the transfer ratio to World of Hyatt from 1:1 to 4:3. 

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.

2 Comments

  • Steve October 3, 2022

    I checked with AMEX and they are not showing that available to me. Must only be a targeted offer.

  • Christian October 1, 2021

    Flying Blue has some taxes and surcharges on award tickets from the U.S. to Europe, somewhere in the $300’s IIRC. Think that would trigger the offer?

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