Mercedes Benz Platinum Amex and 60,000 Point Bonus Going Away For Good

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A credit card we have had in our wallets for years is a Mercedes Benz-branded American Express Platinum Card. Years ago, we chose it over the regular Amex Platinum card when it had a larger sign-up bonus than the regular Platinum. It also has some Mercedes-specific perks the regular Amex Platinum does not that we have used several times. Almost every year we use the annual $100 Mercedes accessory certificate to get travel coffee mugs, some pretty well-made fishing shirts, and more. Once or twice we have even used the $1,000 Mercedes certificate you get after spending $5,000 on the card each year. We presented it at the end of the negotiating process to purchase a Mercedes, and it really was as good as cash, knocking $1,000 off of what we owed.

Even if you never needed or wanted anything Mercedes branded, the Mercedes Amex Platinum is still a solid rewards card as it offers the same Centurion and other airport lounge access as the regular Platinum Amex, the same $200 annual airline fee credit, and it earns the same transferrable Membership Reward points. Historically, the Mercedes and regular version of the Amex Platinum cards were considered different products, so you could get each one even if you previously had the other. Sadly, the Mercedes-branded Amex Platinum is on the verge of no longer taking new applicants. Existing cardholders will be changed to another Amex card beginning in January 2019 when the partnership ends.

Some of the sites advertising the Mercedes Benz Amex cards have already been pulled down, but the application page from the Amex site still seems to be working. While the card won’t be changed over for cardholders until January 2019, there are rumors the application page will only work until March 31, 2018. The Mercedes Amex Platinum is currently offering 60,000 Membership Reward points after you spend $5,000 in purchases in the first three months. The card earns 5x points on select Mercedes purchases, on flights booked directly with airlines or with Amex Travel, and on eligible hotels booked on Amex Travel. Like the regular Amex Platinum, it comes with a $550 annual fee.

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As usual with American Express, the terms indicate that the welcome bonus offer is not available to applicants who have or have had this product. Unlike in the past, the terms now also state that the offer is not valid for existing Platinum Card members, though real life reports seem to point to the contrary.

If you want in on the Mercedes-Benz Platinum Card from American Express, know that your days are limited…potentially very, very limited.

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Comments

  1. Does this mean it’s a good opportunity to get the “regular” platinum card for those of us that have the MB card? Does AMEX treat that separately for sign-up bonuses?

      • Good to hear! Been thinking about it for awhile but hadn’t pulled the trigger yet. I’ll get on that just as soon as I spend my airline credits for this year. 🙂

  2. MP – do you know when the terms were updated to exclude existing Platinum card holders? I got approved about 3 weeks ago, when I first learned Amex was discontinuing the card.

  3. I’d love to get this card, but I don’t want to take a chance of them not giving me a higher bonus on the regular Platinum card.

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