NEW VALUABLE Amex Platinum Benefit ADDED – Waller’s Wallet

by YouTube Team

American Express is starting 2021 off strong with some new Amex Platinum benefits. This includes a new user friendly PayPal credit and even a targeted travel credit. And this is great to see, especially with the strong Amex Platinum 100k bonus floating around.

00:00 – Start
00:26 – Were they doing anything
00:43 – New Platinum benefit
1:40 – Year 1 Value/ Retention offer
2:24 – Enrollment?
2:38 – Which Amex Platinum cards?
3:07 – How do I use it?
4:00 – $200 Amex Travel credit
4:32 – Final thoughts

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31 comments

jdcpr January 2, 2021 - 4:11 am

Awesome, thanks for letting me know!! This is great. How/where do I check for the targeted travel credit? I received an email a while back but besides the email I'm not seeing anything on the account.

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JP Knowledge January 2, 2021 - 4:18 am

I got rejected for the amex platinum in early November. Reason said was too many new cards. You think I will have a shot if I apply again in February? Or should I wait a little longer to not add more hard pulls? I have a 800+ credit score

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Anthony Peterkin January 2, 2021 - 4:50 am

any new credits for the green and gold card

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Kaj Anandarajah January 2, 2021 - 5:10 am

This one only for American card holder

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Michael January 2, 2021 - 5:10 am

Credits don’t count towards sign up bonus right? Or am I wrong?

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J. R. January 2, 2021 - 5:28 am

Good catch

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Lyfe of Faz January 2, 2021 - 5:41 am

After seeing this I went to eBay and bought a gangter foot stool and used up the entire 30usd in one purchase. I can literally buy Silver coins at a discount too.

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Jeremy gay January 2, 2021 - 6:19 am

Will they allow purchasing Bitcoin through PayPal as eligible purchases?

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Truong Nguyen January 2, 2021 - 7:07 am

The FAQs provide some dialogue on how the credits will work with Paypal. Just waiting on some data points as the FAQs imply that these would be used online through a Paypal Checkout button.

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Kyle Jansen January 2, 2021 - 10:07 am

DP
1: Rakuten to Saks, spend 105, on iPad, clicked on PayPal entered data. Waiting to see if I triggered 50, 30, and 10% cash back
2: rakuten to saks, spend 75, on iPhone, clicked PayPal entered data. Waiting to see if I again triggered the 50,30, and 10% cash back
3: rakuten to under armour. Spent 110, IDMe down to 85. Waiting on 30 and 8% cash back

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SolidLiquidFox January 2, 2021 - 11:02 am

So in this parallel world we are in, Amex Platinum card offers easier credits and overall better value as a benefits card than the CSR?

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Dannee Boy January 2, 2021 - 11:07 am

Damn, Amex is killing it with updates 🙂

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manufn732 January 2, 2021 - 1:19 pm

That Retention offer tho $$$

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Jason V. January 2, 2021 - 3:35 pm

Can we use PayPal key to trigger the offer ?

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Kartik Niyogi January 2, 2021 - 4:09 pm

This is definitely less restrictive, customer friendly move. I will now move my cell phone and streaming to Freedom 5% this quarter

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Nick Doyle - Achieve Financial Independence January 2, 2021 - 4:18 pm

Great benefit and good timing (after Freedom Flex 5% on PayPal is done)! I plan to use this on my monthly coffee order from Happy Mug, which is usually ~$40.

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Maserati Holly January 2, 2021 - 5:09 pm

very informative…. as always !

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Charles Wheat January 2, 2021 - 5:14 pm

Do you happen to know when the 10 X offer goes away

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Bryan N January 2, 2021 - 5:15 pm

"$15 a month at Burberry for 10 months in 2 days" LOL that got me

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Sam January 2, 2021 - 6:08 pm

Strange benefit to add to the Platinum card. Kind of like adding free coffee with any McDonald`s Egg McMuffin as a benefit to Centurion Cards. Just don't see that happening a lot.

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areacodewest213 January 2, 2021 - 9:18 pm

I’d rather have the Priority Pass restaurant benefit return. IMHO.

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Sixty_one _60 January 2, 2021 - 9:21 pm

I would like to see if it works buying something from an eBay member, not a business selling stuff.

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Watchin-Stoof January 2, 2021 - 10:41 pm

There’s no mention of this on my benefits page of my Schwab plat, am I to assume I can still use this credit?

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IT GURU January 3, 2021 - 12:49 am

There are no benefits to have a Travel card nowadays. None

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Joseph Paine January 3, 2021 - 6:08 am

This credit is very user friendly and I'm sure it will be easy to use all $30 per month. Awesome. Take care Dustin and keep the family safe!

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Shervin Shares - Optimize your Health January 3, 2021 - 6:38 am

How do I get the 100k sign up bonus?

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Deborah E January 3, 2021 - 6:55 am

It’s actually $10 less of a benefit per month as they took away the $40 cell & streaming credit. But those were indeed trickier and more time consuming to use. Time to shuffle the deck. 😎

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David Moss January 3, 2021 - 9:45 am

Wish this was on the Schwab too

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Jamila White January 3, 2021 - 5:59 pm

I’m still waiting to get approved for the Charles Schwab Amex platinum 😭😭😭

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GTR R32 January 8, 2021 - 11:31 pm

I would assumed upgrading to a platinum would from either the gold/green would get this offer as well?

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IndyBill January 23, 2021 - 2:55 am

I called Amex about a retention offer. I told them with the uncertainty for 2021 I needed something to offset the $550 and they gave me the 50,000 points which was nice!

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