Reply to Do I still need my Amex Platinum?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am considering one of the new member offers which gives you 150,000 AmEx miles/points after you spend like $9000.

Just curious, does Amex provide any avenues such that these 150,000 points are worth more than $.01/point?

I get that worst case, the 150,000 can be used a $1,500 statement credit (so, you come out ahead $805 for the first year)...but just wondering if that 150,000 points has a higher value, and the way you get that higher value.

It seems like the $1,500,[b] plus the $200 in online subscription credits,[/b] plus the $200 in Uber credits, etc. definitely makes it worth it if anything for the first year.[/quote]

I just have a blue card and can spend 5 minutes a month looking though offers and benefits for services I already use. I end up with more than $200 a year in statement credits, so I wouldn't consider that a huge benefit. [/quote]

No this is a fixed benefit that is $20/month in credits towards certain streaming and news subscription services.  You have to pay the monthly fees with the Platinum card.  It's not like the Amex Offers which change constantly and yes you have to check/sign up for them.

https://upgradedpoints.com/credit-cards/reviews/american-express-platinum-card/digital-entertainment-credit/

If you use one or more of these services it's definitely valuable.  But yes it requires some work and credits monthly, hence the "coupon book" line.[/quote]

Yeah, that benefit is valuable to me because I use WSJ.com, NYTimes.com, and ESPN+/Hulu.  I find the Blue card benefits are often for services I don't use.  I also get better overall cash back benefits from other CCs, so it is a pain to have to follow the specific offers, switch CCs, etc.[/quote]

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