New AMEX Platinum Charge offer: 127,500 bonus MR points & S$350 vouchers

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From now till 29 May 2024, get 127,500 bonus MR points with a new AMEX Platinum Charge, whether you're new-to-AMEX or an existing customer. New customers get an extra S$350 vouchers or luggage.

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:

  • Have not cancelled a principal AMEX Platinum Charge in the past 24 months
  • Do not currently hold an existing principal American Express consumer card (DBS/UOB-issued cards do not count, nor does the AMEX HighFlyer Card)

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:

  • Have not cancelled a principal AMEX Platinum Charge in the past 24 months

 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Œ 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;
b) Cash Advances and other cash services;
c) Express Cash;
d) American Express Travellers Cheque purchases;
e) Charges for dishonoured cheques;
f) Finance charges โ€“ including Line of Credit Charges and Credit Card interest charges;
g) Late payment and collection charges;
h) Tax refunds from overseas purchases;
i) Balance transfer;
j) Instalment plans;
k) Annual Card fees and Membership Rewards fees;
l) Pay portion billed for a โ€œPay + Pointsโ€ rewards, where the Card  Member uses points along with paying a specific amount to redeem the reward;
m) Amount billed for purchase of Membership Rewards points to top-up your points balance;
n) Bill payments and all transactions via SingPost (e.g. SAM kiosks, mobile app, online portal);
o) Payments to insurance companies (except payments made for insurance products purchased through American Express authorized channel);
p) Payments to Singapore Petroleum Company Limited (SPC) service stations;
q) Payments for the purpose of GrabPay top-ups;
r) Payments to utilities merchants (with effect from 12 February 2021)
s) Payments to public/restructured hospitals, polyclinics and other public/restructured healthcare institutions and facilities (with effect from 1 October 2022);
t) Charges at merchants or establishments that are excluded by American Express at its sole discretion and notified by American Express to you from time to time.

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. 

Explained: American Express restrictions on CardUp payments

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. 

โš ๏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

๐Ÿ’ณ 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

๐Ÿ’ณ 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:

๐Ÿ’ณ Membership Rewards Transfer Partners
Frequent Flyer Programme Conversion Ratio
(AMEX: Partner)
400:250
450:250
asia miles logo 400:250
british airways logo 400:250
400:250
evaair logo 400:250
400:250
enrich logo 400:250
qantas logo 400:250
thai airways logo 400:250
1,000:1,000
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 enjoy S$1,354 of annual statement credits, plus free hotel stays, dining vouchers, airport lounge access and more

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.

The AMEX Platinum Charge first-year sweet spot

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!

Aaron Wong
Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

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Zheng Yu

Is there a separate link for existing cardholders? The link provided only shows Offer 1 and 2 for new cardholders.

Zheng Yu

appreciate the response!

Amexq

Is there Amex telesales / road sale folks for manual application due to automated system? Any advise or contact? Hotline canโ€™t advise much