American Express Premier Rewards Gold Card: 25,000 Points Sign-Up Bonus + Triple Points on Airfare

American Express Premier Rewards Gold Card BigAmerican Express is again promoting their newest flavor – the Premier Rewards Gold Card from American Express®, which is slightly different from their other Gold/Zync/Platinum cards. This is a charge card, so it is intended for folks that pay off their balance in full each month (as all of you should do anyway). If you are not a current AMEX *charge* card holder, then you are eligible for their current sign-up incentive:

* Earn 25,000 Membership Rewards bonus points when you spend $2,000 in your first 3 months of Card membership, and an additional 15,000 points when you spend $30,000 within one calendar year. MR points are very versatile, and can be converted to 25,000 frequent flier miles in a number of programs (or 10 Southwest credits).

Historically, there have also been varying promotions for specific airlines, for example a 20% bonus for transfer to British Airways last year, and currently 50% additional miles (expired) for transfer to Delta Skymiles. This means you can be getting more than 1 mile per dollar spent.

* No annual fee for your first year. This means you can get the sign-up bonus and also try out this card for free for a year. After the first year, the annual fee is a hefty $175. Mark your calendars, but if you do miss it, they do refund a pro-rated portion of any paid annual fees.

* Offers 3X points on airfare, 2X points on gasoline at U.S. stand-alone gas stations and at U.S. stand-alone supermarkets, and 1X points on other purchases. Points are earned only on eligible purchases. The traditional versions only offer 1 point per $ spent, so the double points on gas and groceries are an extra perk. The card gets much more interesting for those that charge a lot of airfare on their cards, since those can be some big bucks. It’d be perfect you get to charge airfare for business or family, and then get reimbursed for it. Terms and Restrictions Apply.

* Extended warranties and roadside assistance. As with all such “premium” AMEX charge cards, everything you buy with the cards comes with a free automatic extended warranty. AMEX will double the length of the original U.S. manufacturer’s warranty for up to one additional year on eligible purchases with warranties of 5 years or less. This can be very handy for electronics like home theater equipment and laptops. Read more at their official FAQ and at this Consumerist article about a guy who got a new laptop.

In summary, this card has some new features and a nice sign-up incentive, but the target demographic seems to be higher-income cardholders that are big spenders, especially on airfare.

Comments

  1. They’ve been flogging this to me for a while though weekly mailers. First offer was for a free Kindle and $100 Amazon gift card, then it was 50,000 points after spending $500 in three months, now it’s up to 75,000 points after spending $500.

  2. This is for the Gold card? If you get a targeted mailing that offers you 75k points and no annual fee the first year, I’d jump on that for sure. I’ve seen 25k for limited time periods, but nothing that high.

  3. Yes, Jonathan, it’s for the exact same card and conditions, except for the higher amount of points. I do plan to apply before the deadline. Time to monetize my high credit rating!

    I really appreciate your website.

  4. I signed up for this card about 6 months ago and have been enjoying it, although Amex was definitely slow to give me all the rewards points and bonuses.

    I would highly recommend taking screenshots and recording the exact details of the rewards you are supposed to receive.

  5. So, if I already have an AmEx (Small Business w/ 50K bonus: Thanks Jonathan!), and I get this card, do they share point accounts? Or will it add a new, separate, point account? Anyone have multiple AmEx cards, and know?

    Thanks!

  6. I got a mailer for the 50,000 points after spending 500 in three months. I just got the points applied to the account and it worked out to .001=1 point on airfare and about .008 on travel packages (air and hotel through the amex website.).

  7. I don’t see the fine print that excludes current charge card holders. Can you point this term out?

  8. I’ve been getting hit with offers for this, they upped it to 50000, and the last one was 75000 bonus points and i just couldn’t resist that. I just hit the $500 spending requirement and they say the points will post after something like 4-6 weeks, so we’ll see!

  9. today I received a similar offer except it gives 50000 bonus points if spend $1000 within the first three months. Not sure I should apply for it, or wait for the 75000 bonus points.

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