American Express has launched an excellent flash deal on the AMEX Platinum Credit Card, exclusively for Milelion readers.
From 8 March to 31 May 2021, new cardholders will receive 60,000 bonus MR points (33,333 miles) when they spend S$5,000 in the first 3 months, plus a further 20,000 bonus MR points (11,111 miles) and S$150 Love Dining credit when they pay the S$321 annual fee.
Including the base points, and that’s 86,250 MR points (47,917 miles or a night at the Conrad Maldives) from S$5,000 of spend.
Milelion Offer: AMEX Platinum Credit Card
|Apply for the AMEX Platinum Credit Card|
New-to-AMEX cardholders who sign up for an AMEX Platinum Credit Card between 8 March to 31 May 2021 and receive approval by 14 May 2021 will receive:
|20,000 bonus MR points
+ S$150 Love dining credit
|Pay S$321 annual fee|
|60,000 bonus MR points
+ 6,250 base MR points
|Spend S$5,000 in first 3 months after approval|
|❓ American Express defines new customers as those who do not hold any principal AMEX card now or in the past 12 months. Corporate/business cards and those issued by DBS/ Citibank/ UOB do not count.|
MR points can be converted into KrisFlyer (or 8 other airline partners) at a rate of 450 MR points= 250 miles, so your total return on S$5,000 of spending is 47,917 miles.
The S$150 Love Dining credit is awarded in the form of 5x S$30 statement credits, triggered with every S$60 spent in one or more transactions at Love Dining merchants. For example, if my bill (after all discounts and taxes) is S$100, I will receive a S$30 credit; if my bill is S$230, I will receive a S$90 credit. Love Dining credits must be used within 6 months of approval.
The full T&C of this offer can be found here.
What spending is eligible?
The S$5,000 spending can be met with any purchases of eligible goods or services which post to your account within the first 3 months after approval. American Express has published a list of excluded spending categories here, but the key ones to note are:
- GrabPay top-ups
- SPC transactions
For the avoidance of doubt, hospital transactions, donations, and anything else not explicitly stated in the exclusion list will count as eligible spend.
Enjoy AMEX Love Dining and Chillax benefits
The Love Dining program is one of the biggest draws of the AMEX Platinum Credit Card, allowing members to save up to 50% at more than 30 restaurants and hotels, including Si Chuan Dou Hua, Wooloomooloo, Conrad Centennial and the St Regis.
The full list of restaurants can be found below:
What I particularly like about Love Dining is that it’s not 1-for-1, it’s 50% off. With 1-for-1, you only get the cheaper item free, and everything else you buy is at the regular price.
With 50% off, you save on everything (except drinks)- appetizers, mains, desserts. No more feeling compelled to order a more expensive item because your partner did, and at more upscale restaurants, the savings can easily add up to S$100+ per visit.
AMEX Platinum cardholders also enjoy 1-for-1 drinks and special offers with Chillax.
I’d wager that most miles chasers would prefer 80,000 MR points to a monitor and webcam any day of the week, and even if you’re not too hot on miles right now, those could also be turned into Hilton or Marriott Bonvoy points.
Remember to submit your applications by 31 May 2021 to be eligible.