Great Signup Bonuses: Amex Platinum 150k and Amex Gold 90k

American Express is back with another round of great signup bonuses. There is currently a 150k offer on the American Express Platinum Card and 90k on the Gold Card that can only be found from a referral. Keep in mind that both cards do not have their annual fees waived during the first year. Here’s the quick recap!

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American Express Offer Details

American Express has two great offers that are only accessible via referral. There is a 150,000 bonus for the American Express Platinum Card, and a 90,000 + $200 in credits for the Gold Card. Both of these offers are some of the best we’ve ever seen and won’t be found on Amex’s website.

American Express Platinum Card Offer Details

The American Express Platinum card is offering a whopping 150,000 points for only $6,000 of spend in the first 3 months. With a tad of M.S., hitting this bonus should be a piece of cake. The card does come with an annual fee of $695 that is not waived for the first and offers lucrative benefits such as American Express Centurion Lounge Access, Priority Pass Lounge Access,$200 Airfare Fee credits, $200 hotel credits, $240 in annual Uber credits, $240 in annual streaming credits, complimentary Walmart Plus membership, and much more. While these credits should be valued below face value, they do help offset the annual fee.

The bonus of 150,000 points is very lucrative, good enough for a round trip ticket for 2 to Europe or Asia! In addition, the card also offers $200 in statement credits as part of the signup bonus, but I’m not as high on those credits.

American Express Gold Card Offer Details

The American Express Gold Card is also offering a great sign up bonus of 90,000 points along with $200 in statement credits. The card does come with a $250 annual fee that is not waived during the first year. This card comes with monthly dining credits and earns 4 points per dollar at supermarkets and on dining.

I don’t find the Amex Gold Card particularly useful unless you eat out often. For most people, including me, the only reason to grab this card would be for the signup bonus. When combining the $200 in statement credits with the $120($10 per month) dining credit & $120($10 per month) Uber credit, you can come out on top. The dining credit is a bit overrated as you can only use the credit at a handful of restaurants and should be valued as pennies on the dollar.

My Take

These are some of the best offers we’ve seen on either card via referral and if you’re able to generate a referral link for someone in your circle, this could be pretty profitable. I have been holding the platinum card for some due to the great perks offered, but I see little reason to have the gold card beyond year 1. For a steep $250 fee, unless you are using the Gold Card for corporate dining purchases, it’s hard to justify the price. I think both offer great bonuses and is a great opportunity to build up a points stash!