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โ ๏ธ Story update: A third offer has now been added for new-to-AMEX customers, featuring 127,500 bonus MR points + S$200 eCapitaVouchers/S$350 Dairy Farm Group vouchers with a minimum spend of S$6,000 in 60 days. If you applied in the period from 1-3 April 2024, you’ll be receiving an email from American Express in the next few days providing the option to switch to this offer instead. If you prefer the original offer you applied for, you need not take any action. |
American Express has launched a set of welcome bonuses for the AMEX Platinum Charge, which offer up to 137,500 bonus MR points for new-to-AMEX customers.
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| New-to-AMEX customers | Existing AMEX customers | |
| Welcome Offer 1 | 137,500 bonus MR points with S$10,000 spend | 80,000 bonus MR points with S$6,000 spend |
| Welcome Offer 2 | 132,500 bonus MR points with S$6,000 spend | N/A |
| Welcome Offer 3 | 127,500 bonus MR points + S$200 eCV/S$350 Dairy Farm vouchers with S$6,000 spend | N/A |
This is the largest number of MR points that’s been offered in recent memory, but the minimum spend has also been increased to S$10,000.
However, if you’re not able to meet that threshold, then there’s also an option of getting 132,500 bonus MR points, or 127,500 bonus MR points + S$200 eCapitaVouchers/S$350 Dairy Farm Group vouchers with a minimum spend of S$6,000.
AMEX Platinum Charge welcome offer
American Express is offering two different sign-up offers for the AMEX Platinum Charge, depending on whether you count as a new or existing customer.
New-to-AMEX
 AMEX Platinum Charge |
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| Offer 1 | Offer 2 | Offer 3 | |
| Spend S$5,000 (Mo. 1-3) |
N/A | 5K points | N/A |
| Spend S$6,000 (Mo. 1-2) |
127.5K points | 127.5K points | 127.5K points + S$200 eCV or S$350 DFG vouchers |
| Spend S$10,000 (Mo. 1-2) |
10K points | – | |
| Base Points | 12.5K points (S$10K @ 2 MR pts per S$1.60) |
7.5K points (S$6K @ 2 MR pts per S$1.60) |
|
| Total Spend | S$10K | S$6K | |
| Total Return | 150K points | 140K points | 130K points |
| Apply |
Apply | Apply | |
| S$1,744 annual fee must be paid |
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| โ Definition |
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New-to-AMEX customers are defined as those who:
There is no “timeout period” for a customer with a recently-cancelled card to be considered new (provided the cancelled card is not a principal AMEX Platinum Charge). However, all approvals are subject to internal review. The AMEX Platinum Charge is a distinct product from the AMEX Platinum Credit Card and AMEX Platinum Reserve. |
Offer 1: Up to 150K MR points
New-to-AMEX customers who apply by 15 April 2024 and receive approval by 20 April 2024 will receive:
- 127,500 bonus MR points for spending S$6,000 within the first 60 days of approval
- 10,000 bonus MR points if they spend a further S$4,000 (i.e. S$10,000 total) within the first 60 days of approval
- 12,500 base MR points for spending a total of S$10,000 (@ 2 MR points per S$1.60)
Offer 2: Up to 140K MR points
New-to-AMEX customers who apply by 15 April 2024 and receive approval by 20 April 2024 will receive:
- 5,000 bonus MR points for spending S$5,000 in the first 90 days of approval
- 127,500 bonus MR points for spending a further S$1,000 (i.e. S$6,000 total) within the first 60 days of approval
- 7,500 base MR points for spending a total of S$6,000 (@ 2 MR points per S$1.60)
Offer 3: Up to 130K MR points + S$200 eCV or S$350 DFG
New-to-AMEX customers who apply and receive approval by 30 April 2024 will receive:
- 127,500 bonus MR points + S$200 eCapitaVouchers or S$350 Dairy Farm Group vouchers for spending S$6,000 within the first 60 days of approval
- 7,500 base MR points for spending a total of S$6,000 (@ 2 MR points per S$1.60)
Existing customers
| AMEX Platinum Charge |
|
| Spend S$6,000 (Mo. 1-2) |
80K points |
| Base Points | 7.5K points (S$6K @ 2 MR pts per S$1.60) |
| Total Spend | S$6K |
| Total Return | 87.5K points |
| Apply |
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| S$1,744 annual fee must be paid | |
| โ Definition |
|
Existing customers are defined as those who:
The AMEX Platinum Charge is a distinct product from the AMEX Platinum Credit Card and AMEX Platinum Reserve. |
Existing AMEX customers who apply by 15 April 2024 and receive approval by 20 April 2024 will receive:
- 80,000 bonus MR points for spending S$6,000 within the first 60 days of approval
- 7,500 base MR points for spending a total of S$6,000 (@ 2 MR points per S$1.60)
However, existing customers should be on the lookout for a targeted offer that’s going out by email, which offers 127,500 bonus MR points for existing customers who spend S$6,000 within 60 days of approval. It’s by far the best offer we’ve seen for existing customers, but the catch is you must receive an emailer to participate (thanks to Anthony in the comments for flagging this).
What counts as qualifying spend?
Qualifying spend refers to all online and offline retail purchases, whether in Singapore dollars or foreign currency.
It excludes the following transactions:
| โ Qualifying Spend Exclusions |
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a) Charges processed and billed prior to the Enrolment Date or charges prepaid on any Card Account prior to the first billing statement for that Card Account following the Enrolment Date; |
For the avoidance of doubt, CardUp, private and non-profit hospital bills, charitable donations, education, and anything else not explicitly stated in the exclusion list will count as eligible spend. While American Express added charitable donations and education to its exclusions list on 1 October 2023, an exception has been carved out for the AMEX Platinum Charge.
Do note there are certain restrictions on AMEX payments with CardUp, as summarised in the article below.
Spending by both principal and supplementary cardholders will be combined when determining whether the minimum spend threshold has been met.
When will bonus MR points be credited?
All bonus MR points will be credited within 12 weeks of meeting the spend threshold.
Any questions about the crediting of bonus points should be directed to American Express.
Terms & Conditions
- 10,000 bonus MR points with S$10K spend (Page 1 & 2)
- 80,000/127,500 bonus MR points with S$6K spend (Page 3-6)
- S$200 eCapitaVouchers or S$350 Dairy Farm Group vouchers
The 5,000 bonus MR points with S$5K spend is the public MGM offer, and T&Cs can be viewed on the MGM landing page.
How does this compare to previous offers?
For the sake of comparison, here’s a summary of the recent welcome offers we’ve seen for the AMEX Platinum Charge.
| โ ๏ธ Important Note |
| When comparing offers across time periods, you should factor in that American Express added $1,204 of annual statement credits in Feburary 2023, and a further S$150 fashion credit in April 2023. This makes the first year more lucrative (because you enjoy two sets of statement credits), but has led to a commensurate fall in the number of bonus points on offer. |
New customers
| ๐ณ AMEX Platinum Charge Welcome Offers (New-to-AMEX) |
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| Date | Min. Spend | Bonus MR Points |
| Current (Offer 1) | S$10,000 | 137,500 |
| Current (Offer 2) | S$6,000 | 132,500 |
| 1-31 Mar 24 | S$6,000 | 127,500 + RC stay |
| 29 Jan – 28 Feb 24 | S$6,000 | 132,500 + S$200 voucher |
| 27 Sep 23- 28 Jan 24 | S$6,000 | 132,500 |
| 12-26 Sep 23 | S$8,000 | 60,000 + Samsonite luggage |
| 5-11 Sep 23 | S$10,000 | 100,000 |
| 1 Aug to 4 Sep 23 | S$15,000 | 95,000 |
| 4-31 Jul 23 | S$15,000 | 115,000 |
| 1 Jun to 3 Jul 23 | S$15,000 | 100,000 |
| 1 Feb to 31 May 23 | S$15,000 | 95,000 |
| 3 Nov 22 to 31 Jan 23 | S$20,000 | 110,000 |
| 2-31 Oct 22 | S$20,000 | 175,000 |
| Spending time periods may not be the same across all offers; refer to the respective articles for the full details |
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Existing customers
| ๐ณ AMEX Platinum Charge Welcome Offers (Existing AMEX customer) |
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| Date | Min. Spend | Bonus MR Points |
| Current | S$6,000 | 80,000 |
| 29 Jan – 28 Feb 24 | S$6,000 | 85,000 |
| 12-26 Sep 23 | S$8,000 | 60,000 |
| 5-11 Sep 23 | S$8,000 | 60,000 |
| 1 Aug to 4 Sep 23 | S$10,000 | 70,000 |
| 4-31 Jul 23 | S$10,000 | 70,000 |
| 1 Jun to 3 Jul 23 | S$10,000 | 55,000 |
| 1 Feb to 31 May 23 | S$10,000 | 60,000 |
| 3 Nov 22 to 31 Jan 23 | S$20,000 | 110,000 |
| 2-31 Oct 22 | S$20,000 | 140,000 |
| Spending time periods may not be the same across all offers; refer to the respective articles for the full details | ||
What can you do with Membership Rewards points?
AMEX Platinum Charge cardholders can convert MR points to airline miles or hotel points at the following rates:
| ๐ณ Membership Rewards Transfer Partners | |
| Frequent Flyer Programme | Conversion Ratio (AMEX: Partner) |
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400:250 |
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450:250 |
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400:250 |
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400:250 |
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400:250 |
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400:250 |
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400:250 |
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400:250 |
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400:250 |
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400:250 |
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1,000:1,000 |
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1,000:1,250 |
Do note that AMEX Platinum Charge cardholders receive a preferential conversion rate of 400 points = 250 airline miles, compared to regular cardholders who get 450 points = 250 airline miles.
Membership Rewards points do not expire, and all conversions are free of charge.
AMEX Platinum Charge: Key benefits
AMEX Platinum Charge cardholders can enjoy benefits such as:
- S$1,354 of dining, entertainment, lifestyle, travel and fashion credits each calendar year
- COMO Club C5 membership with S$260 of annual birthday vouchers (valid for both principal and supp. cards)
- Unlimited airport lounge access for the cardholder + 1 guest
- Priority Pass Lounges
- Centurion Lounges
- International American Express Lounges
- Delta SkyClub Lounges
- Plaza Premium Lounges
- One complimentary hotel night every membership year
- Tower Club access
- Tower Club & assorted dining vouchers
- Access to the American Express Fine Hotels + Resorts programme, which offers perks such as free breakfast, room upgrades (subject to availability), a US$100 experience credit and guaranteed late check-out
- Hilton Honors Gold status, Marriott Bonvoy Gold Elite status, Pan Pacific DISCOVERY Platinum status & Radisson Rewards Premium status
- American Express Love Dining
- American Express Chillax
- Platinum Golf privileges
The S$1,354 of statement credits are split into:
- S$150 fashion credits at Mr Porter and NET-A-PORTER (disbursed as S$75 per six-month period)
- S$200 dining credits at participating local restaurants
- S$200 dining credits at participating overseas restaurants
- S$400 lifestyle credits at participating retail partners
- S$204 entertainment credits for news or music streaming services (disbursed as S$17 per month)
- S$200 airline credits for Singapore Airlines or Scoot
For more details on how to use them, refer to this comprehensive guide.
Because your first membership year will overlap with two calendar years, you can enjoy two sets of credits in your first membership year (except the entertainment credits, which are disbursed on a monthly basis), regardless of whether you choose to renew your card from the second year onwards.
This creates what I call the “first year sweet spot”, where the value you get is significantly more than the annual fee. To understand this better, check out the guide below.
In order to get maximum value, be sure to share the AMEX Platinum Charge’s benefits with friends and family. Two supplementary cards are free for life, and enjoy perks such as Como C5 membership, complimentary lounge access, hotel elite status, Tower Club access and AMEX Love Dining & Chillax.
Conclusion
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| Apply Here |
The latest AMEX Platinum Charge welcome offer gives new-to-AMEX customers up to 137,500 bonus MR points, though the minimum spend is now a hefty S$10,000. However, there are alternative offers which require minimum spends of just S$6,000.
If you’re an existing AMEX customer, your welcome offer is the same as before, namely 80,000 bonus MR points for S$6,000 spend.
An AMEX Platinum Charge is no small investment, so be sure to read my repository of articles to learn how you can get the most out of your card!
There seems to be an offer for existing AMEX card holders to also earn 135,000 points via https://www.americanexpress.com/en-sg/credit-cards/live-platinum/index.html?sourcecode=A0000HERHM&intlink=en-sg-hp-hero-cm-ia-032024. Not sure if i understood that correctly.
very interesting! however it’s a targeted offer (see point 2.1), so it won’t be for everyone.
Isnโt there another offer for 350 Cold Storage vocher?
https://www.americanexpress.com/en-sg/campaigns/the-platinum-card/index.html?sourcecode=A0000HAXYN&cpid=100525459&dsparms=dm_pcrid_694815581960_kword_amex%20charge_match_e&gad_source=1&gclsrc=ds
thanks for flagging this! you’re right- it is a better offer by far. i’m going to talk to amex and see what can be done.
Pls do so I can apply through your site.and support your amazing work!
will be dropping an update in the next couple of days on this, but not to worry if you’ve already applied- you’ll have an option to switch if you wish
Awesome!
Does this card still provide KrisFlyer Gold status as a benefit?
it never did.
Did in 2019
Ah was indirectly thru Infinite Journeys
When I was signing up in 2023, I remember the membership points to Krisflyer miles was 1:1 ratio. Or was it the case only for Amex International not Amex SG? It’s a bit confusing. This page (https://www.americanexpress.com/en-xb/rewards/membership-rewards/partner/Singapore-Airlines—KrisFlyer/SING) still states 1:1 conversion ratio but it is 400 points to 250 miles on Amex SG points redemption page.