Increased Amex Platinum Sign-Up Bonus and New Benefits Live!

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It’s March 30th, and that means the changes we knew were coming for the personal Amex Platinum cards have arrived. Some of the changes are good, and some really aren’t great. However, one great surprise we didn’t know was coming is an increased public sign-up bonus to go along with the new perks (and fees)!

The Platinum Card® from American ExpressEarn 60,000 Membership Rewards points after $5,000 in purchases in the first 3 months. Terms apply.

This is a solid 20,000 point increase over the previous offer for 40,000 points that has been around for quite a while. Other than the increased sign-up bonus, the other new Platinum perks that begin today include:

Get $200 in annual Uber credits for rides within the United States as well as utilize Uber VIP status where available for the basic cardholder. This will work out to $15 in Uber credit per month, with an additional $20 bonus in December, when the Platinum Card is added as a payment method to the Uber app. You only have two days to use the March credit! I’m seeing some early reports the credit works for UberEATS, but your mileage may vary on that one.

Earn 5X Membership Rewards points for eligible hotels booked on amextravel.com. Sadly this does not extend to the Fine Hotels and Resort Collection bookings.

Complimentary additional Gold Cards. Platinum Card Members will be able to add additional Gold Cards on their Platinum Card Account for no annual fee and existing additional Gold Cards will also have no annual fee. Card Members can earn Membership Rewards points for all eligible purchases made by their additional card members.

New metal card design. In addition to the new perks the Platinum card will join the ranks of the other metal rewards credit cards.

The unfortunate new Amex Platinum policy that kicks in today is that complimentary Amex Centurion Lounge access will be limited to two guests instead of two guests or extended family. This limit includes children, meaning a family of two adults and two children can no longer get in on one Platinum card unless they pay a $50 fee for the second child’s entrance. This is a bummer for families and I covered it in much more depth here.

SFO Centurion Lounge Family Room TV

If you like to visit Amex Centurion Lounges and need to get more than two family members in at at time, you might want to add your partner, your parents, and/or children 15+ as authorized users as up to three authorized users are a total cost of $175 per year. We do this on my husband’s Platinum card so his dad, my mom, and myself all have an authorized user card to get into the lounges…which is a pretty solid deal since all three of us are a total of $175/year.

Houston Centurion Lounge Daybed

The personal Platinum cards do now carry an increased $550 annual fee, which is obviously a very real investment for a credit card. To make it worth it beyond just the first year when you get the 60,000 sign-up bonus points after hitting the spending requirements, you will want to make good use of all of the perks including not only the new perks outlined above, but also the $200 Airline Fee Credit, Starwood Preferred Guest Gold Status, Hilton Honors Gold Status, fee credit for Global Entry or the TSA Pre✓ program application, access to Fine Hotels and Resorts bookings, and more. Terms and Limitations apply.

Do you plan to make use of any of the new Platinum perks? I’d also love to hear your family’s plan to adjust to the new Centurion Lounge access policies.

The Platinum Card® from American ExpressEarn 60,000 Membership Rewards points after $5,000 in purchases in the first 3 months. Terms apply.

Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.

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