22
Feb
Yesterday, the public offer for the American Express Premier Rewards Gold credit card was officially bumped up from 15,000 points to 25,000 points! While the initial spend increased from $1,000 to $2,000 in the first 3 months, I am glad to see this offer finally be somewhat acceptable compared to the other cards out there. While 25,000 points is by no means a “great” offer right now compared to some other offers out there, it is still a great card and I am on a high of loving American Express right now. The $175 annual fee is also waived for the first year. Application link.
For a publicly available offer, 25k points is the best we have seen in awhile – 15k has been the norm for well over a year and Amex has done away with bumping offers to match those of targeted offers. If you are in the market for this card, first see if you have been targeted by a better offer. Non-existing American Express card members have reported being able to see special offers from AMEX which include: an American Express Premier Rewards Gold offer for 75,000 points and an American Express Delta Gold offer for 77,500 points. Follow these instructions to see if you have a better targeted offer:
- Access American Express via this link
- Click the “Not a Cardmember Yet?” button
- Enter your personal information and click “See My Special Card Offers”
Unfortunately, I am already an existing card member, so am not able to fully detail what the screen will look like if you are targeted, but it is definitely worth a try. If you’ve been eying this Amex card, then this is a great offer which should be considered as there is little indication that we will see a better publicly available offer in the near future. I suspect this 25k offer will be around for a few months, but that is pure speculation. I personally haven’t received a targeted offer yet, so I am not holding my breath.
Earning & Bonus Categories
Many times this card is referred to as the “3-2-1 Amex card.” That is because you earn 3x points on ALL airfare, 2x points on gas and groceries, and 1X points on everything else. I actually do not have this card in my wallet, but Mr. Deals was able to snag the business version of this card last fall during a one day only 75,000 point offer and the bonus categories have really paid off. Mr. Deals flies a decent amount for work and luckily is able to use his own personal credit card, not a company corporate card – phew! This card has allowed him to earn 3x points on all airfare. It is also the card we use for all our personal travel as well. Even if you do not purchase airfare much, 2x points on gas and groceries is huge.
The American Express Premier Rewards Gold card should be your #1 go to when it comes to airfare, gas and groceries. However, if you have the Chase Freedom + Chase Sapphire Preferred or Chase Ink Bold combo (prior blog post if you have no clue what this means!), all gas and grocery spend should be shifted to your Chase card during the specific quarterly bonus time frame (Q1 and Q3 for gas and Q2 for groceries).
Redeeming
The best redemption is transferring points to a partner airline, which includes: Air Canada, Singapore, ANA, British Airways, Iberia, Delta, Air France/KLM Flying Blue, Alitalia, Aeromexico, Airtran (until 2/29/12), Virgin Atlantic, Virgin America, El Al, Frontier, JetBlue, Hawaiian. Unlike Chase Ultimate Rewards, transferring to hotels has a pretty poor transfer rate (i.e., Amex to Starwood transfers at 3:1) – thus making airlines your #1 transfer opportunity. While this might be limiting for some, there are many programs and Amex often runs some pretty unbelievable bonus offers when transferring your points over. This past year we have seen, for example, 40% bonus to Delta + MQMs, 25% bonus to AirFrance/KLM, 20% bonus to Iberia, 20% bonus to British Airways, and probably many more that I am forgetting. Those bonus opportunities make Amex points invaluable and allows for some amazing redemptions!
Key links:
Disclosure: This post contains affiliate links where I get paid a small commission if you apply and get approved for a credit card. I will only list the best credit card offers as my goal is for you to travel for free!







