Every calendar year you are able to get up to a $200 statement credit with the American Express Platinum card. I personally applied for the card at the end of January 2013 and was able to get 100,000 bonus points after meeting the minimum spend requirements.
Since it is a new calendar year you can go ahead and re-claim your $200 airline credit for the airline of your choice. This rebate is supposed to be used for incidental charges, not the cost of purchasing a ticket. To get reimbursed for the charges, you must pay for it with your Amex Platinum card. There is no call needed as you’ll see a statement credit show up to your account within the week after the charge is made. Incidental charges include checked bags, in-flight refreshments, flight-change fees, oversize baggage fees, airport lounge day-passes, pet-kennel fees, and phone reservation fees.
While I know some might rack up quite a bit of these “incidental” fees, I personally do not come close to spending $200/year on these fees. Last week I went ahead and purchased two American Airline gift cards with my Amex and have already been reimbursed by these purchases. I followed the success others had via this FlyerTalk thread as gift card purchases have been going through the system as being counted towards the $200 airline rebate. If you decide to go the gift card route, make sure to look at the most recent success stories to ensure you will still be reimbursed with the airline of your choice.
So ultimately, even though I’ve had the card less than a year, I’ve been able to get the $200 airline credit twice – once in 2013 and once in 2014. The card comes with a $450 annual fee (card membership year, not calendar year), so at this point I’ve spent $450, but earned $400 back in statement credits (in total I’ve purchased $400 in American Airline gift cards), 100,000 bonus points, and free Global Entry that will last 5 years.
Here is a quick recap of what has worked in the past (based on people’s personal success story on FlyerTalk as well as my personal success).
- AirTran: Does not sell gift certificates
- Alaska Airlines: Gift card purchases of $100 or less have been reimbursed
- American Airlines: Gift cards purchases of $100 or less have been reimbursed (can use up to 8 gift cards per reservation)
- Delta: eGift Certificate purchases of $50 have been reimbursed (can use 3 eGift Certificates per reservation)
- Frontier: Not sure
- JetBlue: No reimbursement for gift card purchases
- Southwest: Gift card purchases of $200 or less have been reimbursed
- Spirit: Not sure
- United: Some have been able to get gift card purchases of $200 or less reimbursed, but not all. Seems as though gift card purchases of $50 have been reimbursed. People have been having better luck purchasing gift cards through their wedding registry site. (gift cards expire 5 years after purchased; only one gift card can be used per reservation)
- US Airways: Gift card purchases of $200 or less have been reimbursed (unless you are going to use the gift card now, I probably wouldn’t purchase gift cards to use later as who knows what will happen once the merger goes through with American Airlines)
Keep in mind that some airlines charge a shipping fee for gift purchases. American Airlines and Delta, for example, sell virtual gift cards so there is no additional fee tacked on. Also, make sure to check the terms for each gift card purchase as there are different policies per airline – expiration dates, the amount of certificates that can be used per reservation, some are only available for online reservations, etc.
Currently card members may update their airline selection January 15 through February 28, 2014. In the past you only had until the end of January to make this selection. If you want to keep the same airline that you had in the past, no action is required. You can select your airline of choice here. You are entitled to up to $200 in airline reimbursements (for the same airline that has been designated) per account – NOT per card member. If you have additional authorized users on your card, the account can get up to $200 in reimbursed credit TOTAL.
While the $450 annual fee for the card is quite hefty, getting $200 towards future travel helps. Although losing airline lounges is a huge bummer.
What have you used your Amex Platinum airline credit for?
- The Business Platinum Card® from American Express OPEN - 25,000 Membership Rewards® points after you spend $5,000 in the first 3 months of Card membership
- The Platinum Card® from American Express (Personal): OFFER NO LONGER AVAILABLE. 25,000 Membership Rewards bonus points when you spend $2,000 during your first 3 months of Card membership, plus get one year of Amazon Prime after you sign up for a new membership with your Card and meet the spending requirement in the same time period (with Amazon Prime you get unlimited free two-day shipping)