Credit Card Referrals: American Express

I have been an American Express customer for quite a few years, now. They are the card we were given to use for work, and since then I have been a huge fan of their pro-active customer support.

As with my recent post for Chase, the links in this post are affiliate links, and I will get credit from American Express if you use them, so thank you in advance if you do! That said, if you find a better link (directly from American Express, or otherwise), please use it instead.

For those of you in the market for a new credit card, American Express (AmEx) offers two that are particularly attractive for travelers as well as every-day use: the Platinum Card, Starwood Preferred Guest (SPG) Card, and the EveryDay Card. While the Platinum Card and SPG Card do not have any foreign exchange fees, the EveryDay card does carry fees of 2.7%.

Both the Platinum card and the EveryDay card earn Membership Rewards points – AmEx’s rewards currency, similar to Chase’s Ultimate Rewards points, while the SPG Card earns points directly with Starwood. This is an important distinction because it affects where your points can be transferred!

One last point before I go further… the Platinum card, below, is a charge card, not a credit card. This means that the balance is expected to be paid in full with every bill, but does not have a traditional credit limit. Different credit reporting agencies handle this differently, and it can sometimes be misrepresented as you are increasing the spend without increasing the available credit. As with all cards, credit or charge, be responsible with the use!

All cards here offer enrollment in a program known as ShopRunner, which offers free 2-day shipping from many retailers – Neiman Marcus, NewEgg, Lucky Jeans, and so on. They also offer access to AmEx Offers, which are allow for redemption upon activation on the card – simply use the card and get a credit back!

Platinum

Application Link (Alternate)

Though this card is not for everyone with a $450 annual fee and mediocre earnings rate of membership points (1 point per dollar), the Platinum charge card offers quite a few perks! If you are a frequent Delta flyer, for example, but not often enough to reach Diamond Medallion Status, the Platinum card will grant you entry to any Delta SkyClub while traveling on Delta. It also offers access to the exclusive Centurion Lounges.

I had the opportunity to visit the Centurion Studio in Seattle a few weeks ago and was quite impressed, even with the limited options of it being smaller than the full-sized lounges at other airports.

Centurion Studio Entrance
Centurion Studio Entrance
Beer & Wine List
Beer & Wine List

In addition to access to these two lounge families, you also receive access to the Priority Pass Select program, which partners with airport lounges around the world. This includes such lounges as The Club, which can be found in ATL’s international concourse and offers Glenlivet 12 year complimentary! While access to you is covered by the agreement between AmEx and both Delta and Priority Pass, guests are extra.

The Platinum card also offers access to the Boingo wireless service offered at most airports. This is the worldwide coverage plan, so as long as the airport is partnered with Boingo, you are set. Furthermore, if you use your Platinum card to pay for either your TSA Pre-Check or Global Entry application, AmEx will reimburse you for the fee — once every five years.

Though the card has a $450 annual fee attached, you are given a $200 airline credit. Though this cannot (officially) be used for tickets, there are ways to turn that credit into cash. Some Google-fu will reveal everything! 😉 Keep in mind that the annual fee is by membership year, while the credit is by calendar year. This means that you can get up to $400 back depending on when you apply for the card! Unlike the SPG card, below, the annual fee for the Platinum card is not waived for the first year.

The other major perks for the Platinum card are: premium roadside assistance, Gold status with both the SPG and Hilton Honors loyalty programs, elite status with the three major car rental agencies, purchase and return protection, and access to the Fine Hotels and Resorts program. These are on top of access to a concierge that is available 24/7.

This application link is good for an offer of 40,000 Membership Rewards points if you meet the minimum spend of $3,000 in the first three months of membership. There are often private invitations to offers of 100,000 Membership Rewards points, so it never hurts to check the AmEx site directly!

Starwood Preferred Guest

Application Link (Alternate)

The link above offers a chance to earn 25,000 Starpoints after meeting the minimum spend of $3,000 in the first three months. Starpoints are among the most valuable of transferable currencies because they a) can be transferred to programs that you would otherwise have to earn directly with, and b) receive a 5,000 point bonus if you transfer only 20,000 points at a time. The annual fee for this card is $95, but it is waived for the first year

The SPG card from AmEx offers earnings of 4 or 5 points per dollar spent at Starwood family hotels, depending on your status with SPG, and 1 point per dollar otherwise. Note that you are gifted Gold SPG status if you have the Platinum card, so you are guaranteed 5 points per dollar right out of the gate!

As with the Platinum card, the SPG card offers complimentary enrollment in the Boingo program, which can save quite a few dollars – and headaches! You also get similar purchase and return protection, which is also good news for savvy shoppers.

The other handy benefit of this card is that you receive a credit of 2 stays and 5 nights per year, so you need fewer stays (or nights) to get to the next status level! Each stay will have complimentary premium internet, to boot.

EveryDay

Application Link (Alternate)

The link above offers a chance to earn 10,000 Membership Rewards points if you meet the minimum spend requirement of $1000 in three months. In addition to the 1 point per dollar in general spending you earn, you also receive 2 points per dollars for the first $6000 spent per year at grocery stores. On top of that, if you make more than 20 transactions per month, your earnings for the month increase by 20%!

This card is an excellent daily-use card, and while it isn’t the most lucrative for points generation (look at the EveryDay Preferred for that!), as long as you have a Membership Rewards card in good standing, your points stay alive. Combined with no annual fee, access to ShopRunner, and AmEx Offers, this is a solid entry-level card to begin building a relationship with AmEx.

 

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