American Express has launched a set of welcome offers for the AMEX Platinum Charge, which run from now till 29 May 2024.
New-to-AMEX customers | Existing AMEX customers | |
Welcome Offer | 127,500 bonus MR points + S$350 DFG vouchers or Samsonite Choca Spinner 68/25 | 127,500 bonus MR points |
Min. Spend | S$6,000 spend in 60 days |
The offer for new-to-AMEX customers continues to be at an all-time-high of 127,500 MR points, with an additional S$350 Dairy Farm Group vouchers or Samsonite luggage thrown in for good measure.
But it’s also a great time to be an existing AMEX customer. While this group normally gets a significantly smaller welcome offer of 80,000 MR points, the offer has been upsized to 127,500 MR points for a limited time- matching the new customer offer, just without the vouchers or luggage.
AMEX Platinum Charge welcome offer
AMEX Platinum Charge | ||
Apply Here |
||
New Customers | Existing Customers | |
Pay annual fee | S$350 DFG vouchers or Samsonite Choca Spinner 68/25 | – |
Spend S$6,000 (Mo. 1-2) |
127.5K points | 127.5K points |
Base Points from S$6,000 (@ 2 pts/S$1.60) |
7.5K points | 7.5K points |
Total Spend | S$6K | S$6K |
Total Return | 135K points + S$350 DFG vouchers or Samsonite Choca Spinner 68/25 | 135K points |
S$1,744 annual fee must be paid |
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
โ Definition |
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. |
New customers who apply and get approval by 29 May 2024 will receive:
- S$350 Dairy Farm Group vouchers or Samsonite Choca Spinner 68/25 for paying S$1,744 annual fee
- 127,500 bonus MR points for spending S$6,000 within the first 60 days of approval
- 7,500 base MR points (based on S$6,000 spend @ 2 MR points per S$1.60)
All in all, that’s 135,000 MR points and S$350 DFG vouchers or a Samsonite luggage for S$6,000 of spend.
Existing customers
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 and get approval by 29 May 2024 will receive:
- 127,500 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)
All in all, that’s 135,000 MR points for S$6,000 of spend.
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 |
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
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) |
||
Date | Min. Spend | Bonus MR Points |
Current | S$6,000 | 127,500 + S$350 voucher or Samsonite luggage |
1 Apr-8 May 24 | S$10,000 | 137,500 |
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 |
Existing customers
๐ณ AMEX Platinum Charge Welcome Offers (Existing AMEX customer) |
||
Date | Min. Spend | Bonus MR Points |
Current | S$6,000 | 127,500 |
29 Feb – 4 Apr 24 | 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:
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
Apply Here |
The latest AMEX Platinum Charge welcome offer features 127,500 bonus MR points for both new and existing AMEX customers, with new customers getting an extra S$350 DFG vouchers or a Samsonite luggage.
These are the biggest offers we’ve seen for this card, and a great time to hop onboard if it’s been on your watchlist.
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!
Is there a separate link for existing cardholders? The link provided only shows Offer 1 and 2 for new cardholders.
If you’re existing it doesn’t matter which link you use
appreciate the response!
Is there Amex telesales / road sale folks for manual application due to automated system? Any advise or contact? Hotline canโt advise much