Chase IHG Rewards Club Premier Card Review: 140,000 Points Bonus

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

The Chase IHG Rewards Club Premier credit card is the IHG hotel co-branded card that includes special IHG perks like a free night award every year you keep the card. The current limited-time offer is 140k points, higher than their standard bonus. Here are the highlights:

  • 140,000 bonus IHG points after $3,000 in purchases within the first 3 months.
  • Free Night award after each account anniversary year at eligible IHG hotels worldwide. Valid at IHG Hotels with a current point redemption level of 40,000 points or less. An additional free reward night when you redeem points for any stay of 4 or more nights.
  • 25X points total per $1 spent when you stay at an IHG hotel.
  • 2X points at gas stations, grocery stores, and restaurants and 1 point per $1 on all other purchases.
  • Platinum Elite status included as a Premier card member. IHG points also don’t expire when you are an Elite member.
  • Global Entry or TSA PreCheck® fee credit of up to $100 every 4 years as reimbursement for the application fee charged to your card.
  • No foreign transaction fees.
  • $$89 annual fee

Please note the following:

This product is not available to either (i) current cardmembers of this credit card, or (ii) previous cardmembers of this credit card who received a new cardmember bonus for this credit card within the last 24 months.

This offer is for the new “IHG Club Premier” card, so this language means that if you have the older and different “IHG Club Select” card, you can still apply for this card and get the sign-up bonus.

What can you get with IHG points? The best redemption value for IHG points is for free hotel nights. The other options offer significantly less value. While the points don’t translate directly to a dollar value, but overall you should expect around 0.60 cents of value per point, which would make 140,000 IHG points worth an estimated $840 value. You can perform the calculations for hotels that fit your needs. I tried a bunch of other various combinations and got between 0.5 cents and 0.8 cents per point equivalent value.

(IHG points are worth less than other points like Hyatt or Chase Ultimate Rewards points, but you get a lot more of them with this bonus!)

IHG stands for Intercontinental Hotel Group which has over 5,000 hotels including the following brands:

  • Intercontinental Hotels & Resorts
  • Crowne Plaza
  • Kimpton
  • Holiday Inn, Holiday Inn Express
  • Staybridge Suites
  • Candlewood Suites
  • Hotel Indigo
  • EVEN Hotels

IHG points expire after 24 months of inactivity, so if you keep up your activity then you can save up these free nights for later. Chase Ultimate Rewards points also convert to IHG points.

Total of 25x points per $1 spent when you stay at IHG. Here’s how this breaks down: Earn 10X points per $1 spent as an IHG® Rewards Club Premier Credit Cardmember + 10X points per $1 spent from IHG® for being an IHG® Rewards Club Member + 5X points per $1 spent from IHG® with Platinum Elite Status, a benefit of this card = total of 25X points total at 5,400+ IHG® hotels & resorts.

I would book my IHG nights on this card, but not my everyday purchases on an ongoing basis.

  • 2 IHG points per $1 spent at gas stations, grocery stores, and restaurants.
  • 1 IHG point per $1 spent on all other card purchases

I would keep this card if you can use the anniversary night certificate with the 40,000 point maximum value. You should be able to get $89 value out of it as long as you need a hotel night. Stay must be completed within 12 months from date of issue.

Don’t want a card with an annual fee? The no-annual fee Traveler version is has a 60,000 IHG point bonus.

Bottom line. The Chase IHG Rewards Club Premier credit card has a current sign-up bonus boost of 140,000 IHG points. This is a limited-time offer and higher than the standard bonus. As with most of these co-branded cards, the best value is obtained if you can redeem for IHG hotel nights.

I will be adding this to my list of Top 10 Best Credit Card Bonus Offers.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

5% Cash Back Cards: Wholesale Clubs, Grocery Stores, Internet/Cable, Streaming – January through March 2021

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

5percentbackActivation open for 1st Quarter 2021. The credit cards below offer up to 5% cash back on specific categories that rotate each quarter. It takes a little extra attention, but it can add up to hundreds of dollars in additional rewards per year without changing your spending habits. You can also buy gift cards with the 5% back now but spend the gift cards later. New cardmembers may also get an upfront sign-up bonus.

Chase Freedom Flex Card

From January 1st through March 31st, 2021 you can earn 5% cash back on up to $1,500 spent in the following categories:

  • Wholesale clubs (Costco, Sam’s Club, and BJs), both in-store and online.
  • Internet, Cable, & Phone Services
  • Select Streaming Services, including Disney+, Hulu, ESPN+, Netflix, Sling, Vudu, Fubo TV, Apple Music, SiriusXM, Pandora, Spotify, YouTube TV.

Enroll each quarter online in your Chase account or at ChaseBonus.com. As long as you activate by the end of the quarter the rewards are retroactive. Technically, you earn Ultimate Rewards points which can also be converted to airline miles or hotel points instead of cash if you have a Chase Sapphire Preferred or Chase Sapphire Reserve card. Currently, the Chase Freedom Flex card is offering new applicants $200 if you sign up and make $500 in purchases in your first three months. No annual fee.

Discover it 14 ImageDiscover it Card

From January 1st through March 31st, 2021 you can earn 5% cash back on up to $1,500 spent in the following categories:

  • Grocery Stores
  • CVS
  • Walgreens

Enroll after logging into your online account (look on the right-hand side). 5% rewards won’t apply until after you activate your rewards, so it is best to activate now before you forget. No annual fee.

New cardmember bonus details. If you are a new applicant and sign up via my Discover Card referral link, you will get a $50 Cashback Bonus after your first purchase within 3 months of being approved. You will also get Cashback Match for an entire year – a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically. During those 12 months, your $50 Cashback Bonus becomes $100, your 5% cash back rewards becomes 10% cash back, and your 1% cash back rewards become 2% cash back. You can verify this on the application by clicking on “See rates, rewards and other info” and searching for “cashback match” and “statement credit offer”:

Cashback Match: No purchase minimums. After the first 12 consecutive billing periods that your new account is open, we will match all of the cash back rewards you’ve earned and apply them to your account in the following one or two billing periods. If your account is closed or no longer in the cash back reward program at the time we calculate your potential award, your cash back will not be matched. You’ve earned cash back rewards when they have posted to your account by the end of the 12th consecutive billing period. This promotional offer may not be offered in the future. This exclusive offer is available only to new cardmembers.

TERMS OF STATEMENT CREDIT OFFER: Get a $50 Statement Credit after you make your first purchase within 3 months of being approved. Promotional award will be applied within 8 weeks. The promotional award is in addition to the Cashback Bonus earned on all purchases.

ABOC Platinum Rewards Card – $150 Statement Credit Offer

From January 1st through March 31st, 2021 you can earn 5x rewards on up to $1500 in combined purchases this quarter in the following categories:

  • Groceries
  • Fitness clubs
  • Hospitals, vision services, pharmacies
  • See full list of eligible MCC codes on their site.

You must register each quarter at ABOCRewards.com or in your online account. Currently, the ABOC Platinum Rewards Mastercard is offering a $150 statement credit if you sign up and make $1,200 in purchases in your first 90 days. No foreign transaction fees. No annual fee.

U.S. Bank Cash+ Visa Signature Card. You get to choose the two 5% cash back categories every quarter, out of a preset selection of specific categories:

  • Fast Food
  • Cell Phone Providers
  • Home Utilities
  • Ground Transportation
  • Select Clothing Stores
  • Electronics Stores
  • Car Rentals
  • Gyms/Fitness Centers
  • Sporting Goods Stores
  • Department Stores
  • Furniture Stores
  • Movie Theaters
  • TV, Internet, and Streaming Services

Unfortunately, you can’t pick a broad category like gas stations, restaurants, or grocery stores. Make sure to choose your categories each quarter, even if you want them to stay the same. If you do not choose your categories, all purchases revert to only earning 1% cash back for that quarter. No annual fee.

American Express Blue Cash Preferred Card. This card earns 6% cash back at US supermarkets all year long (on up to $6,000 per year) and. 3% cash back at US gas stations. New: 3% cash back on transit and 6% cash back on Netflix/Spotify/Hulu. I use this card all year long for groceries, and then in December use up the $6k annual limit on gift cards bought in the supermarket aisle. New cardholders are also eligible for a $250 statement credit after $1,000 in purchases within the first 3 months. $95 annual fee. See details in link.

Amazon Prime Rewards Card. Earn 5% back at Amazon.com and Whole Foods all year long. Prime membership required. New cardholder bonus varies by person. No annual fee.

Citi Dividend Card. This card is no longer available to new applicants, but if you still have the grandfathered card you can view and activate your quarterly 5% category here. Limit of $300 cash back for the calendar year.

Don’t settle for the “1% on everything else” that these cards offer. Get 2% cash back or higher. Check out the card-specific reviews for details.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Best 0% APR Balance Transfer Credit Cards – January 2021 (Updated)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

0aprReady to pay down credit card debt in 2021 and pay less interest while you do so? Shopping around for the best balance transfer offer can save you thousands of dollars in interest. Below is an updated list of the best 0% APR balance transfer offers from both major banks and lesser-known credit unions with open membership requirements.

How to find the best combination of the longest 0% APR period and the lowest balance transfer fees. For example, if you are paying 18% APR, that’s like paying 1.5% on your balance every month. Paying a 3% upfront fee for an 18 month period of 0% would be like paying your current interest rate for 2 months and then getting 0% interest for the remaining 16 months. That may be preferable to 12 months at 0% with no balance transfer fee, especially if you spread out your payments over the entire period and use that additional time to pay it all off by the end. If you are sure you can pay it all off within the shorter 0% period, then should pick the no balance transfer fee option.

1) Citi® Diamond Preferred® Card – 0% Intro APR on balance transfers for 18 months from date of first transfer. All transfers must be completed in first 4 months. You also get 0% Intro APR on purchases for 18 months from date of account opening. After the intro APR offer ends, a variable APR will apply. There is a balance transfer fee of 3% of the amount of each credit card balance transfer or $5, whichever is greater. No annual fee.

2) Wells Fargo Platinum Card – 0% Intro APR on balance transfers for 18 months from date of account account opening. (Note this is not the same as starting the countdown from the time of transfer.) Introductory balance transfer fee of $5 or 3% of the amount of each balance transfer, whichever is greater, for 120 days from account opening. After that, it is of 5% each credit card balance transfer or $5, whichever is greater. No annual fee.

3) Citi® Double Cash Card – 0% Intro APR on balance transfers for 18 months from date of first transfer. All transfers must be completed in first 4 months. This card provides a longer term, but note that there is a balance transfer fee of 3% of the amount of each credit card balance transfer or $5, whichever is greater. You also get 2% cash back on all purchases with 1% cash back when you buy, plus an additional 1% as you pay for those purchases. No annual fee.

4) First Tech Fed Choice Rewards Card0% Introductory APR for 12 months on balance transfers and no balance transfer fee during the first 90 days after account opening. After the intro APR offer ends, a variable APR will apply. You must be an First Tech Federal Credit Union member to obtain this card, but membership is open to everyone who joins a partner organization for as little as $8 (Financial Fitness Association). You must also keep a nominal amount (usually around $10) in a share savings account. No annual fee.

4) Wings Financial CU Platinum Card0% Introductory APR for 12 months on balance transfers after account opening and no balance transfer fee. After the intro APR offer ends, a variable APR will apply. You must be a Wings Financial Credit Union member to obtain this card, but membership is open to everyone who joins a partner organization for as little as $5 (Wings Financial Foundation). You must also keep a nominal amount (usually around $10) in a share savings account. No annual fee.

5) Navy Federal Platinum Card0% introductory APR for 12 months after account opening for balance transfers requested within 30 days of account opening. No balance transfer fee. You must be an Navy Federal Credit Union member to obtain this card, and membership eligibility is restricted primarily to military personnel including Army, Marine Corps, Navy and Air Force, but includes veterans and family members. You must also keep a nominal amount (usually around $10) in a share savings account. No annual fee.

6) La Capitol FCU Rewards Card0% Introductory APR for 12 months on balance transfers and no balance transfer fee during the first 90 days after account opening. After the intro APR offer ends, a variable APR will apply. You must be an La Capitol Federal Credit Union member to obtain this card, but membership is open to everyone who joins a partner organization for as little as $20 (Louisiana Association for Personal Financial Achievement). You must also keep a nominal amount (usually around $10) in a share savings account. No annual fee.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Starbucks Mastercard Promo: Buy $20 eGift Card, Get $5 eGift Card Free (12/23 Only)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

sbux_cupHere’s a simple Starbucks promo that expires soon: Buy a $20+ Starbucks eGift, Get a $5 Starbucks eGift Card. You should be able to see a banner on the front page of your Starbucks app, but the terms say you can order via Starbucks.com too. Surprise a friend or just give yourself the wonderful gift of caffeine. 🙂 If you’re interested I’d take advantage of this offer as soon as possible. Offer for 12/23 only. They usually take down the banner if the promo ends.

The Promotion is valid only on 12/23/20 beginning at 06:00 AM PST and ending the earlier of 11:59 PM PST) or when all 100,000 Promotional Gifts are distributed.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Google Pay App: Referral Bonus, Target, Walmart+ Subscription Offers

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

Update: My apologies, Google is changing up the details of these promotions on everyone rather quickly. The referral bonus looks to be decreased and the Target promo is no longer taking new activations. Please assume this post is outdated and go by whatever you see on their website and in-app.

Original (outdated) post:

The newly-redesigned Google Pay app is offering several different incentives for you to try it out. It as available on both Android and Apple iOS devices. First up, if you join via a referral link (open on smartphone), you can get a $21 bonus after you either send $10 to a new friend or pay via a contactless NFC-enabled Android phone. That’s my referral link, but you could next refer another friend and then simply agree to send $10 to each other.

Download the new Google Pay app with my invite link – we’ll both earn $21 when you make your first qualifying payment of $10 or more. While supplies last!

$21 cashback at Target when you make a qualifying $50 transaction at Target or Target.com. As long as you enroll your credit card in Google Pay Rewards first, you don’t even need to pay with Google Pay. You can just pay normally with your linked credit card. It also appears a Target gift card purchase works, so that’s another $21 back on a $50 gift card without changing your spending habits if you already shop at Target.

$30 cash back on Walmart+ annual plan subscription. Walmart+ is the new direct competitor with Amazon Prime, including the free next day and 2-day shipping with no minimum and free grocery deliveries with $35 minimum.

Here are some other deals that caught my eye:

  • 20% cash back at REI (max $50 cash back).
  • 20% cash back at Burger King (max $10 cash back).
  • 20% cash back at Crocs online.
  • 10% cash back at Adidas, HM, Gap, Banana Republic, Asics, and more.

A couple more screenshots:

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Top 10 Best Credit Card Bonus Offers – December 2020 (Updated)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

Updated December 2020.That space in your wallet or purse is valuable, and you should be the one to get that value. By being smart and picky, you can find offers worth $500+ for a single card, all to encourage you to apply and try it out. We do this multiple times a year for thousands of dollars in extra income. These are the top 10 credit card offers that I would personally apply for right now (or have already). Notable recent changes:

  • New Southwest 80k, AmEx Platinum 10X bonus, IHG 140k, United 70k, JetBlue 100k.
  • Removed Alaska 65k, NavyFed, Marriott 5 Free Nights.

This is a companion post to my Top 10 Best Business Card Offers. Small business bonuses are on average even higher than those on consumer cards.

The Platinum Card from American Express

  • 75,000 Membership Rewards points after $5,000 in purchases in first 6 months. See link for details.
  • 10X Membership Rewards points per dollar spent at U.S. Gas Stations and U.S. Supermarkets, on up to $15,000 in combined purchases, during your first 6 months of Card Membership. That’s up to another 150,000 points!
  • $200 in Uber/Uber Eats credits annually.
  • 5X Membership Rewards points per dollar spent on flights booked directly with airlines or with American Express Travel. Starting January 1, 2021, earn 5X points on up to $500,000 on these purchases per calendar year.
  • Best airport lounge access program including Delta SkyClub and exclusive Centurion lounges.
  • $550 annual fee.

Southwest Rapid Rewards Plus Card

  • Up to 80,000 bonus Rapid Rewards points. 50,000 bonus points after $2,000 in purchases in first 3 months. Additional 30,000 points after $10,000 in purchases in first 9 months. See link for details.
  • Southwest still gives everyone two free checked bags.
  • More than halfway to Companion Pass. If you can sign up for this one and also the small business version, you can fully qualify for a Companion Pass in 2021/2022. If you put enough spending on this card, you can reach it that way as well.
  • $69 annual fee.
  • Subject to 5/24 rule.

JetBlue Plus Card

  • Up to 100,000 total bonus TrueBlue points. 50,000 bonus points after $1,000 in purchases and paying the $99 annual fee, both within the first 90 days. Additional 50,000 bonus points after a total of $6,000 in purchases within the first 12 months. Limited-time offer. See link for details.
  • Free first checked bag for you and up to 3 companions when you use your JetBlue Plus Card.
  • $99 annual fee.

Chase Sapphire Preferred Card

  • 60,000 Ultimate Rewards points (worth $750 towards travel) after $4,000 in purchases within the first 3 months. See link for details.
  • Short-term COVID-related benefits.
  • 2X points on Travel and Dining at restaurants worldwide.
  • $95 annual fee.
  • Subject to 5/24 rule.
  • Alternative: Chase Sapphire Reserve Card. 3X on Travel and Dining, Priority Pass airport lounge access, $550 annual fee, $300 annual travel credit.

Chase United Explorer Card

  • Up to 70,000 bonus United miles. 60,000 miles after $3,000 in purchases within 3 months, plus an additional 10,000 miles after $6,000 total in purchases within the first 6 months. Limited-time offer. See link for details.
  • Free first checked bag for both you and a companion (a savings of up to $120 per roundtrip) when you use your Card to purchase your United ticket.
  • Expanded award availability. Having this card makes it easier to find that saver award economy ticket.
  • $0 annual fee for the first year, then $95.
  • Subject to 5/24 rule.

Chase Freedom Flex Card

  • 20,000 Ultimate Rewards points (can be $200 Cash Bonus) after only $500 in purchases within the first 3 months. See link for details.
  • 5% cash back on grocery store purchases on up to $12,000 spent in the first year. That’s up to $600 cash back the first year. Remember that you can buy gift cards from many retailers (like Amazon or Apple) at grocery stores.
  • 5X points (5% cash back) on rotating quarterly categories.
  • 3X points (3% cash back) on dining out, take-out, and eligible delivery services.
  • Cell phone insurance via Mastercard World Elite.
  • Subject to 5/24 rule.
  • No annual fee.

IHG Rewards Club Premier Card

  • 140,000 IHG Rewards club points after $3,000 in purchases within the first 3 months. See link for details.
  • Free Night after each account anniversary year (valued up to 40,000 IHG points).
  • $0 annual fee for the first year, then $89.
  • Subject to 5/24 rule.
  • Want something lower risk? The no-annual fee Traveler version is now offering 100,000 IHG points.

Capital One® Venture® Rewards Card

  • 60,000 miles (worth $600 towards travel) after $3,000 in purchases within the first 3 months. See link for details.
  • 2X miles on ALL purchases..
  • Up to $100 credit towards TSA PreCheck or Global Entry application fee.
  • $95 annual fee.

Citi / AAdvantage Platinum Mastercard

  • 60,000 American Airlines miles after $3,000 in purchases in the first 3 months. See link for details.
  • First checked bag free on domestic AA flights ($60 value per roundtrip, per person).
  • $0 annual fee for the first year, then $99.

Barclays AAdvantage Aviator Red World Elite Mastercard

  • 60,000 American Airlines miles after any purchase in the first 90 days and paying the $99 annual fee. See link for details.
  • $99 Companion certificate offer. Earn a certificate good for 1 guest at $99 (plus taxes and fees) after making your first purchase and paying the $99 annual fee in the first 90 days.
  • First checked bag free on domestic AA flights ($60 value per roundtrip, per person).
  • $99 annual fee.

Citi Premier Card

  • 60,000 points (worth $750 towards travel booked at ThankYou.com) after $4,000 in purchases in the first 3 months. See link for details.
  • 3X points for every $1 spent on travel including gas stations.
  • Must not have gotten bonus from or closed a Citi Rewards+, ThankYou Preferred, Premier, or Prestige card in the past 24 months.
  • $95 annual fee.

Bank of America Premium Rewards Card

  • 50,000 points (worth $500 towards travel) after $3,000 in purchases within the first 90 days. See link for details.
  • 2 points for every $1 spent on travel and dining purchases and 1.5 points for every $1 spent on all other purchases.
  • $100 annual Airline Incidental Statement Credit.
  • Up to $100 credit towards TSA PreCheck or Global Entry application fee.
  • $95 annual fee.

Hawaiian Airlines World Elite MasterCard

  • 50,000 Hawaiian miles after $2,000 in purchases within 90 days. See link for details.
  • Free first checked bag for primary cardmember when using your card to purchase eligible tickets directly from Hawaiian Airlines.
  • Receive a one-time 50% off companion discount for roundtrip coach travel between Hawaii and The Mainland on Hawaiian Airlines.
  • $99 annual fee.

U.S. Bank Altitude Reserve Credit Card

  • 50,000 bonus points ($750 value towards airfare) after $4,500 in purchases within 90 days. See link for details.
  • $325 in annual statement credits towards travel per Cardmember year (based on account opening date)
  • Up to $100 statement credit for Global Entry or TSA PreCheck.
  • Priority Pass Select membership for airport lounge access.
  • $400 annual fee. (Bigger bonus, big annual fee.)

Chase World of Hyatt Card

  • Up to 50,000 Hyatt points. 25,000 Bonus Points after $3,000 in purchases in the first 3 months. Plus an additional 25,000 Bonus Points after a total of $6,000 in purchases within the first 6 months. See link for details and rough valuation of points.
  • $95 annual fee, free night award upon card anniversary.
  • Subject to 5/24 rule.

If you pay off your balances every month, then you can join me and many others in funding a huge chunk of your annual travel budget with cash credits, points, and miles. You don’t need to be a “I only fly business class” world traveler. I mostly use my rewards points on domestic economy flights, mid-range hotels, and cheap car rentals. If you have credit card debt, you should focus on paying that off first as the interest charges could offset most of the perks.

Note: Certain Chase cards have a “5/24 rule” which is an unofficial rule that they will automatically deny approval on new credit cards if you have 5 or more new credit cards from any issuer on your credit report within the past 2 years. This rule applies on a per-person basis, so if you are new, you might want to start with those Chase cards.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Top 10 Best Small Business Credit Card Bonus Offers – December 2020

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

Updated December 2020. Do you have small business income or work as an independent contractor? Freelance, Uber/Lyft, Amazon, eBay, Etsy, Airbnb? You are eligible to open a small business credit card, which keeps your personal and business expenses separate. If you are not a corporation or LLC, you can apply as a sole proprietorship, with your name as the business name and your Social Security number as the Tax ID number. I did this for years successfully before incorporating my business.

Small business credit cards are offering strong perks and $500+ value for a single card during the first year to try out a new card. Below are the top offers, and with these recent changes:

  • New Ink Unlimited $750/75k, Ink Cash $750, Platinum 95k, JetBlue 100k, Southwest 100k offers.

This is a companion post to my Top 10 Best Credit Card Bonus Offers for personal cards. Notice that small business bonuses are on average even higher than those on consumer cards.

Chase Ink Business Unlimited Card

  • $750 bonus cash back after $7,500 in purchases in the first 3 months. See link for details.
  • Flat 1.5% cash back on all purchases with no limit.
  • No annual fee.
  • Subject to 5/24 rule.

Chase Ink Business Cash Card

  • $750 bonus cash back after $7,500 in purchases in the first 3 months. See link for details.
  • 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year.
  • No annual fee.
  • Subject to 5/24 rule.

American Express Business Platinum Card

  • Up to 95,000 Membership Rewards points after you spend $15,000 in your first 3 months. See link for details.
  • Largest airline lounge access network. Includes Delta Sky Club membership + their own Centurion lounges.
  • Additional benefits for 2020 due to COVID-19. $200 in Dell credits, $20 in statement credits per month on U.S. purchases for shipping, up to $20 in statement credits per month on wireless telephone services purchased directly from U.S. service providers.
  • $200 Airline Fee Credit. Up to $200 a calendar year in baggage fees and more, at one airline that you pick.
  • $100 Global Entry/TSA PreCheck credit.
  • $595 annual fee.

Southwest Rapid Rewards Performance Business Card

  • Up to 100,000 Rapid Rewards points. 70,000 points after you spend $5,000 on purchases in the first 3 months. Plus, earn an additional 30,000 points after you spend $25,000 on purchases in the first 6 months. (100,000 points is redeemable for $1,500+ in Wanna Getaway airfare.)
  • This is enough to qualify for the Southwest Companion Pass in 2020 alone. Or combine with the Southwest Rapid Rewards Premier Consumer Card.
  • Global Entry or TSA PreCheck® Fee Credit of up to $100, repeatable every four years.
  • $199 annual fee + 9,000 bonus points after each Cardmember anniversary.
  • Subject to 5/24 rule.

JetBlue Business Card (Barclaycard)

  • Up to 100,000 total bonus TrueBlue points. 50,000 bonus points after $1,000 in purchases and paying the $99 annual fee, both within the first 90 days. Additional 50,000 bonus points after a total of $6,000 in purchases within the first 12 months. Limited-time offer. See link for details.
  • Free first checked bag for you and up to 3 companions when you use your JetBlue Plus Card.
  • $99 annual fee.

United Explorer Business Card

  • 60,000 United miles after $3,000 in purchases in the first 3 months. See link for details.
  • Free first checked bag for both you and a companion (a savings of up to $140 per roundtrip).
  • Expanded award availability. Having this card makes it easier to redeem for that saver award economy ticket.
  • Primary rental car coverage when renting for business purposes.
  • $0 annual fee for the first year, then $95.
  • Subject to 5/24 rule.

US Bank Business Leverage Card

  • 75,000 bonus points after $7,500 in purchases (on the Account Owner’s Card only) in first the 4 months. 75,000 bonus points can be redeemed for $750 in cash back. See link for details.
  • Availability may be restricted to certain states.
  • $0 annual fee for the first year, then $95.

Alaska Airlines Visa Business Card (Bank of America)

  • 40,000 Alaska miles + $200 statement credit + Companion Fare Voucher after $2,000 in purchase within 90 days. Limited-time offer. See link for details.
  • Companion fare voucher is “Buy one ticket, get one for $121” ($99 fare plus taxes and fees from just $22).
  • Free checked bag on Alaska flights for you and up to six other passengers on the same reservation.
  • $50 annual fee for company, plus $25 per card.

Hilton Honors American Express Business Card

  • 130,000 Hilton Honors points after $3,000 in purchases within the first 3 months. See link for details and rough valuation of points.
  • Free Weekend Night Reward certificate after you spend $15,000 on purchases in a calendar year.
  • $95 annual fee.

American Express Plum Card

  • $600 cash back. Earn a $200 statement credit after each $10,000 you spend in purchases, up to $600 on $30,000 of purchases, within the first 3 months. See link for details.
  • 1.5% early pay discount on all purchases which stacks on top of the bonus above.
  • $0 annual fee for the first year, then $250.

Chase Ink Business Preferred Card

  • 100,000 Ultimate Rewards points (worth $1,250 towards flexible travel) after $15,000 in purchases in the first 3 months. See link for details.
  • 3X points on the first $150,000 spent on travel, shipping purchases, internet/cable/phone services, and advertising purchases with social media sites and search engines.
  • Primary rental car coverage when renting for business purposes.
  • $95 annual fee.
  • Subject to 5/24 rule.

Barclays AAdvantage Aviator Business Card

  • Up to 75,000 American Airlines miles. 65,000 miles after $1,000 in purchases in the first 90 days. Additional 10,000 miles when a purchase is made on an employee card. Limited-time offer. See link for details.
  • First checked bag free on domestic AA flights ($60 value per roundtrip, per person).
  • $95 annual fee.

Capital One® Spark® Cash for Business Card

  • $500 cash bonus after $4,500 in purchases in the first 3 months. See link for details.
  • Flat 2% cash back on all purchases with no limit.
  • $0 annual fee for the first year, then $95.

Wells Fargo Business Platinum Card

  • $500 cash back bonus after $5,000 in purchases in the first 3 months. See link for details.
  • Earn 1.5% cash back on every $1 spent, OR earn 1 point on every $1 spent + 1,000 bonus points when company spend is $1,000+ in any monthly billing period.
  • No annual fee.

Note: Certain Chase cards have a “5/24 rule” which is an unofficial rule that they will automatically deny approval on new credit cards if you have 5 or more new credit cards on your credit report within the past 2 years. This rule applies on a per-person basis, so if you are new, you might want to start with those Chase cards.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Chase Ink Business Unlimited Card Review: $750 Cash Bonus, 1.5% Flat Cash Back, No Annual Fee

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

inkunlimited2018Limited-time bonus, highest ever. The Ink Business Unlimited Card is a small business credit card offering an increased $750 cash bonus for new cardholders and the simplicity of a flat, unlimited 1.5% cash back on all purchases. Here are the details:

  • $750 bonus cash back after you spend $7,500 on purchases in the first 3 months.
  • Unlimited, flat 1.5% cash back on all purchases with no limit.
  • 0% introductory APR for 12 months on purchases.
  • Free additional cards for employees.
  • No annual fee.

Ultimate Rewards points. The cash sign-up bonus actually comes in the form of Ultimate Rewards points at 1 point = 1 cent in cash. 50,000 points = $500 cash. If you have one of the other annual fee cards that offer a boost in value like the Ink Business Preferred, Sapphire Preferred, or Sapphire Reserve, you can transfer your points between Ultimate Rewards accounts and redeem using that other card’s 25% travel bonus. This can increase the value of your points.

You could think of this card as the small business version of the Chase Freedom Unlimited card.

Prefer airline and/or hotel points? You can’t transfer points to miles directly with this card, but if you transfer over your Ultimate Rewards points to the Chase Sapphire Preferred Card (or Ink Business Preferred card), then you can use that card to transfer into hotel and/or airline miles. If you value those miles/points at more than 1 cent per point, then your 1.5X rewards from this card can be significantly higher. Examples:

– You could earn 1.5 United miles per dollar spent.
– You could earn 1.5 Hyatt points per dollar spent.
– You could earn 1.5 British Airways Avios per dollar spent.
– You could earn 1.5 Southwest Rapid Rewards points per dollar spent.

For example, if you placed a perceived value of 1.5 cents on each United mile or Southwest Rapid Rewards point, then you’d receive 2.25 cents of perceived value per dollar spent with this card. Your actual numbers will depend on your own specific redemption choices.

Many people aren’t aware of the fact that they can apply for business credit cards, even if they are not a corporation or LLC. The business type is called a sole proprietorship, and these days many people are full-time or part-time consultants, freelancers, eBay/Amazon/Etsy sellers, or other one-person business owners. This is the simplest business entity, but it is fully legit and recognized by the IRS. On a business credit card application, you should use your own legal name as the business name, and your Social Security Number as the Tax ID.

Note that Chase has an unofficial rule that they will automatically deny approval on new credit cards if you have 5 or more new credit cards from any issuer on your credit report within the past 2 years (aka the 5/24 rule). This rule is designed to discourage folks that apply for high numbers of sign-up bonuses. This rule applies on a per-person basis, so in our household one applies to Chase while the other applies at other card issuers.

Bottom line. The Ink Business Unlimited Card has a large sign-up bonus and flat 1.5% cash back with no annual fee. This card is best for people who want simple and straightforward rewards. If you have certain other Chase credit cards, you can transfer Ultimate Rewards points over to those cards and increase your value. Be sure to compare with other Chase small business cards – Ink Business Preferred and Ink Business Cash.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Chase Southwest Credit Cards: 80,000 Bonus Points (2021/2022 Companion Pass)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

New 80k consumer, 100k business offers. Southwest Airlines offers a unique feature called the Companion Pass, which lets you pick one person to fly with free when you book either paid or award flights (including to Hawaii!). If you either fly 100 qualifying one-way flights or earn 125,000 qualifying points or 100 one-way flights within calendar year 2021, you’ll earn the Companion Pass for the remainder of 2021 and all of 2022! This might be ideal timing to grab these boosted bonuses when travel is weak and you have an entire year to earn enough points for a Companion Pass through the end of 2022. You can change your designated companion up to three times each calendar year.

Points earned from credit cards count toward that 125,000 point requirement, including sign-up bonuses! You can often get very close to that magic number when you add up the potential miles from these Southwest consumer and business cards. This is on top of the value of redeeming those points for miles (75,000 points can get you $1,100+ in Wanna Get Away airfare). Right now, you can get up to 80,000 bonus points from a single consumer card and 100,000 from a single business card. 80k is the biggest bonus that I’ve seen on the consumer cards, the standard offer is only 40k.

Southwest Rapid Rewards® Plus credit card

  • Up to 80,000 bonus Rapid Rewards points. Earn 50,000 bonus points after $2,000 in purchases in the first 3 months. Earn an additional 30,000 points after $10,000 in purchases in the first 9 months.
  • 3,000 bonus points after each Cardmember anniversary.
  • 5X points per $1 spent on Southwest(R) purchases, between 12/1/2020 and 3/31/2021 on up to $2,000 spent per month. Earn 2 points per $1 spent on all other Southwest(R) purchases.
  • 1 point per $1 spent on all other purchases.
  • $69 annual fee.

Southwest Rapid Rewards® Premier card

  • Up to 80,000 bonus Rapid Rewards points. Earn 50,000 bonus points after $2,000 in purchases in the first 3 months. Earn an additional 30,000 points after $10,000 in purchases in the first 9 months.
  • 6,000 bonus points after each Cardmember anniversary.
  • 5X points per $1 spent on Southwest(R) purchases, between 12/1/2020 and 3/31/2021 on up to $2,000 spent per month. Earn 2 points per $1 spent on all other Southwest(R) purchases.
  • 1 point per $1 spent on all other purchases.
  • $99 annual fee.

Southwest Rapid Rewards® Priority card

  • Up to 80,000 bonus Rapid Rewards points. Earn 50,000 bonus points after $2,000 in purchases in the first 3 months. Earn an additional 30,000 points after $10,000 in purchases in the first 9 months.
  • 7,500 bonus points after each Cardmember anniversary.
  • $75 Southwest annual travel credit.
  • Four Upgraded Boardings per year when available.
  • 20% back on inflight drinks, WiFi, messaging, and movies.
  • Earn tier qualifying points towards A-list status.
  • 5X points per $1 spent on Southwest(R) purchases, between 12/1/2020 and 3/31/2021 on up to $2,000 spent per month. Earn 2 points per $1 spent on all other Southwest(R) purchases.
  • 1 point per $1 spent on all other purchases.
  • $149 annual fee.

The following are business credit cards:

Southwest Rapid Rewards Performance Business card

  • Up to 100,000 Rapid Rewards points. 70,000 points after you spend $5,000 on purchases in the first 3 months. Plus, earn an additional 30,000 points after you spend $25,000 on purchases in the first 6 months.
  • 9,000 bonus points after each Cardmember anniversary.
  • 3 points per $1 spent on Southwest® purchases and Rapid Rewards® Hotel and Car Rental Partner purchases.
  • 2 points per $1 spent on social media and search engine advertising, Internet, cable and phone services and 1 point per $1 spent on all other purchases.
  • 4 Upgraded Boardings per year when available.
  • Inflight WiFi Credits (up to 365 x $8 credits per year).
  • Global Entry or TSA PreCheck® Fee Credit in the form of a statement credit of up to $100 every four years.
  • $199 annual fee.

Southwest Rapid Rewards Premier Business card

  • 60,000 Rapid Rewards points after you spend $3,000 on purchases in the first 3 months.
  • 6,000 bonus points after each Cardmember anniversary.
  • 2 points per $1 spent on Southwest® purchases and Rapid Rewards® Hotel and Car Rental Partner purchases.
  • 1 point per $1 spent on all other purchases.
  • $99 annual fee.

Value of Rapid Rewards points. Redeeming Southwest points for flights varies in a narrow range, but a very reasonable approximation from my experience is 1.5 cents in Wanna Get Away airfare in per point. That works out to $600+ in Wanna Get Away airfare from 40,000 points or $900+ in Wanna Get Away airfare for 60,000 points or $1,100+ in Wanna Get Away airfare from 75,000 points (you are still liable for taxes and fees from $5.60 one-way). Importantly, Southwest does NOT have blackout dates or seat restrictions when you redeem with points. This means that Southwest points are much easier to use than a “saver award” on traditional airlines.

Now, if you manage to qualify for the the Companion Pass on every trip that you book with those points, that doubles the potential value of each award redemption. In other words, 125,000 Rapid Rewards, would usually get you $1,850 in Wanna Get Away airfare, but with the Companion Pass you’d get an extra companion ticket for every flight booked.

A backup option is gift card redemptions. You can currently redeem 6,750 points for a $50 a Amazon.com or Walmart gift certificate. That makes 60,000 points worth $444 in Amazon or Walmart gift cards. It’s something, but less than half the value you could get from redeeming for flights.

Southwest still includes two free checked bags per person. The fees on the other airlines have crept up to $30 per bag, each-way. That adds up.

Our family policy is to not try out a new credit card unless it offers us $500 in total value. Just the free award flights from the points are enough to satisfy that rule, and then you can add on the potential value of the companion tickets.

Card restrictions. All of these Southwest credit cards are subject to “5/24” restrictions, which means that your application will be automatically denied if you have opened 5 or more credit cards in the last 24 months (check your credit reports). Our household strategy is to have one person only apply for Chase 5/24 cards, and the other person applies for everything else. There is also this language on the consumer card:

The product is not available to either (i) current Cardmembers of any Southwest Rapid Rewards® Credit Card, or (ii) previous Cardmembers of any Southwest Rapid Rewards Credit Card who received a new Cardmember bonus within the last 24 months. This does not apply to Cardmembers of the Southwest Rapid Rewards Business Card and Employee Credit Card products.

Basically, you can get one sign-up bonus from a Southwest consumer card once every 24 months. You can also get one sign-up bonus from a Southwest business card once every 24 months.

Extending your Companion Pass with Chase Ultimate Rewards points. If you have the Chase Sapphire Preferred or Chase Sapphire Reserve, you can transfer Ultimate Rewards points to Southwest points on a 1:1 basis. If you book an award flight with those Southwest points while you have the Companion Pass, you can double the value of your Ultimate Rewards points as well.

Bottom line. Right now, you can earn up to 100,000 Southwest points from qualifying for a single credit card sign-up, which in itself can be redeemed for a lot of free Southwest flights (including Hawaii). Earning 125,000 points overall (including from credit card rewards and bonuses) in a year will earn you the Southwest Companion pass, which provides a free companion ticket on every flight bought with cash or points for the rest of the current year and all of the next year. Finally, Southwest still includes two free checked bags per person on every flight.

Also see: Top 10 Best Credit Card Bonus Offers and the Top 10 Best Business Card Offers.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Amazon: Pay with American Express Points, Get 10% to 40% Off (Targeted)

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

I just got this yet again for 20% off, so it’s worth another click to check if you do too! If you have an American Express card with Membership Rewards (MR) points, you can redeem them to buy eligible items at Amazon.com. The redemption rate is 1 MR points = 0.7 cents to spend at Amazon, which unfortunately is less than a cent per point and thus not really the ideal use of MR points. However, here are targeted promotions where you can save money after redeeming just 1 single MR point.

Here are some additional tips:

  • If you haven’t linked yet, you can link your Membership Rewards points balance to your Amazon account here.
  • If you have already linked your cards and aren’t targeted, you may consider removing your American Express card from your account completely, and then linking it again after a day, and then checking the offer page(s) again after another day.
  • Items must be marked as both sold AND shipped by Amazon.com.
  • Be sure to select your American Express as your payment method and redeem at least 1 point or $0.01 in value of Membership Rewards points.
  • Savings should be reflected on the final order checkout page, before you commit to purchase.

This is a recurring perk for existing American Express cardholders, which is why one of my two “keeper” consumer American Express cards is the Amex EveryDay Card (keeps my Membership Rewards points active with no annual fee, helps qualify for various Amazon promotions). The other is the Blue Cash Preferred from AmEx (6% cash back on US supermarkets, up to $6,000 annually).

You can also earn and keep Membership Rewards points active with a small business card. My favorite business American Express card is the Blue Business Plus Card – 2X MR points on all purchases, of up to $50,000/year. There is also the Blue Business Cash Card that earns a flat 2% cash back on up to $50,000 in purchases each year. Both have no annual fee.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

Citi Credit Cards: 5% Back on up to $500 of Online Purchases

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

If you have an existing Citi credit card, log into your account at Citi.com and see if you are targeted for 5% back on up to $500 of online purchases ($25 max per card). It appears to be widely available on a variety of Citi-branded consumer and small business credit cards including the popular Citi Double Cash and Citi Costco cards (but not all of them). The offer does not start until 11/24 and ends on 11/30. However, you must enroll to get the bonus, so it is important to activate first.

Here’s what it looks like for my Citi Double Cash card:

If you don’t see it upon login or accidentally click past it, try to look under “Rewards & Benefits” and then “Offers for You”. You can also try this link. The wording suggests that this stacks on top of your normal earnings of cash back, miles, or points, so you could really be getting for example 7% cash back total (2% + 5%). Remember that you can enroll multiple cards as well, but you must activate each one individually.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

American Express Platinum Card Review: 75,000 Bonus Points + 10X Points at US Gas Stations & US Supermarkets

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards and may receive a commission. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

The Platinum Card from American Express is the classic premium travel card, with a hefty annual but a long list of luxurious perks including access to Delta Skyclubs and their exclusive Centurion airport lounges. Unfortunately, these days many of us aren’t spending much time in airports. Thus, AmEx has come up with a new stack of perks along with a new limited-time offer that includes a bigger upfront bonus and 10X points on US gas stations and US supermarkets. It’s finally big enough to get my attention… The highlights:

  • 75,000 Membership Rewards points after $5,000 in purchases within your first 6 months of Card Membership.
  • 10X Membership Rewards points per dollar spent at U.S. Gas Stations and U.S. Supermarkets, on up to $15,000 in combined purchases, during your first 6 months of Card Membership. That’s up to another 150,000 points!
  • Uber VIP status and up to $200 in Uber/Uber Eats savings in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member and Additional Centurion Cards only.
  • 5X Membership Rewards points per dollar spent on flights booked directly with airlines or with American Express Travel. Starting January 1, 2021, earn 5X points on up to $500,000 on these purchases per calendar year.
  • Access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Up to $100 annually at Saks Fifth Avenue in the form of statement credits against purchases on your Platinum Card(R). That’s up to $50 in statement credits semi-annually. Enrollment required.
  • $550 annual fee.

Note the following language:

Welcome offer not available to applicants who have or have had this Card. We may also consider the number of American Express Cards you have opened and closed as well as other factors in making a decision on your welcome offer eligibility.

Not sure about your history? The application will tell you if they detect that you are not eligible for the bonus based on their records. Given that you can only get the welcome offer once time per lifetime, it is best to apply during a limited-time offer. The previous offer was 60,000 bonus points with no 10X bonus.

Adding up the perks. Let’s a take a quick look and valuation of each the many perks on the card.

Membership Rewards points can be converted to the following airline and hotel programs (there are more, this is just a selection):

  • Delta SkyMiles
  • Hawaiian Airlines
  • JetBlue
  • ANA Mileage Club (partner of United Airlines)
  • Air Canada (partner of United Airlines)
  • British Airways (partner of American Airlines)
  • FlyingBlue (Air France/KLM)
  • Singapore Airlines
  • Virgin Atlantic
  • Choice Privileges
  • Hilton Honors
  • Marriott Rewards (Starwood)

They also run limited-time 25% to 40% bonuses on points transfers. You can also transfer to gift cards many retailers at varying rates, but many available at the rate of 10,000 MR points = $100 gift card. My most recent redemption was a $100 Home Depot card for 10,000 points, sometimes less when they run special discount. However, don’t expect the cash-equivalent prepaid credit cards at that rate, it’s usually closer to a 0.6 cent/point ratio.

75,000 Membership Rewards points, worth an estimated $750. Some folks value these points much more highly, but I prefer to stick to a simple and conservative 1 cent per point.

10X points on US gas stations and US supermarkets. Even at a conservative 1 cent per point estimate, 10X points means that I would put every single US gas station and US supermarket purchase on this card during those first 6 months. You can also buy gift cards like Amazon, Target, and Apple gift cards at many grocery stores. I would buy as many as I could expect to spend in the next 6 months. If you spent $1,000 a month on gas and groceries (and gift cards) for 6 months, that’s still another 60,000 Membership Rewards points. Maxing it out would get you 150,000 bonus MR points.

Uber and Uber Eats credits worth up to $200 annually. You get $15 in Uber Cash every month, which can be used for Uber rides or Uber Eats food orders. There is a $20 bonus in December, making it a total of $200 annually. You also get free Uber VIP status, which doesn’t save you any money but gets you higher-rated drivers and nicer vehicles at no extra charge.

Right now, AmEx Platinum cardholders can also get Uber Eats Pass free for 12 months.

Saks Fifth Avenue, worth up to $100 annually. You get $50 in statement credit credits towards purchases at Saks Fifth Avenue or saks.com semi-annually (once January to June and another July to December), for a total of $100. Even if you don’t regularly shop there, you can buy gifts for others, or simply buy gift cards at Saks.com.

Airline fee credit, worth up to $200 annually. You pick an airline, and they will refund you up to $200 in incidential airline fees (baggage, in-flight food and entertainment, ticket fees, etc). This may not be very useful this year to many folks and I’ll estimate the value as nothing to me in 2020, but it’s still worth noting for the future.

American Express Global Lounge Collection. Some other travel cards give you Priority Pass Select, which is nice but not as inclusive as the Platinum card’s list of 1,200+ airport lounges across 130 countries. Domestically, you get Delta Skyclub access (an individual Skyclub membership costs $545 from Delta alone) as well as the new Centurion Lounge network built specifically for American Express cardholders.

  • The Centurion® Lounges
  • The International American Express Lounges
  • Delta SkyClub®
  • Priority Pass
  • Airspace Lounge
  • Escape Lounges

Up to $100 statement credit towards Global Entry (includes TSA PreCheck) every 4 years.

Other benefits:

  • Automatic Starwood Preferred Guest (Marriott) Gold status.
  • Automatic Hilton Honors Gold status.
  • No Foreign Transaction Fees.

Rough bonus math. I’m going to be conservative and value the 75,000 Membership Rewards points at $750. Including gift cards bought at US grocery stores, I estimate I could make $5,000 in purchases within 6 months to get me another 50,000 MR points or $500 estimated value. $200 in Uber Eats food is easily used up at my house. $100 for Global Entry/TSA PreCheck membership (every member of my household has this). Even if I assign zero value to the $100 in Saks Fifth Avenue credit and $200 airline fee credits and zero value to the premium airline lounge access, that’s still already $1,550 of value against a $550 annual fee for a net first-year value of $1,000+. If I expected to fly in 2021, this would be an even bigger deal.

Bottom line. The The Platinum Card from American Express has added a bunch of new perks that aren’t dependent on airline travel, while also adding a limited-offer with a boosted bonus and lots of potential bonus points on purchases at US grocery stores and US gas stations. As you can only get the bonus once, the best time to apply is during a limited-time offer (like now).

I will be adding this improved offer on my list of Top 10 Best Credit Card Bonus Offers.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.