Amex Platinum Card: 9 Ways to Maximize Double Rewards

The new offers on the Platinum Card and Business Platinum Card as of May 13, 2020 has nullified #1, #2, and #6 below. The remaining items continue to be excellent ways to extract maximum value from the Double Rewards promotion for existing Platinum cardholders.

37 Comments
  1. SK

    MR accounts can’t be linked until July 20th

    1. Ricky YVR

      Hanging up and calling again is the only way forward it seems.

  2. luca

    I switched from the platinum card to the business platinum 2 years ago, do you think i’m still eligible for the sign up bonus?

  3. guest

    so is it confirmed if u buy gcs at resturants that sell gcs, u get 6x code? thx

  4. guest

    when buying plane tickets, can u scalp it(resell for cash) like baseball game tickets?

    1. JFR

      No. Tickets planes got names on it.

  5. GUY

    If one buy a 1000$ refundable plane ticket during the 2x promo (and gets 4000 MRs) and has to cancel later during the year, how many MR will then be removed? 2000 or 4000?

  6. RM

    After applying, how quickly are people receiving their cards? I hear platinums are overnighted in the US…

  7. guest

    whats this said pizza chain? papa johns?

  8. Goldy

    CardSwap.ca "Sorry, we do not accept American Express". Does not work in Quebec.

  9. Paradox

    Just an FYI – looks like I only got 2x MR points for Uber Eats, not the 6x MR.

    1. Jerry

      I got 2X MR points too for my Uber Eats orders as well.
      Those people who claimed they got 6X probably the undercover of Uber.
      I guess are trying to generate some kinds of sales. Shameful.
      Delete Uber and Uber Eats already.

  10. Joe Molony

    Just to clarify – If you but gift cards for the unnamed pizza chain at Loblaws or Shoppers, it will post as dining…….

    ……..makes its gift cards available at retail outlets and would code under the dining category for a 12% return.

    1. JFR

      Gift cards will post at 4% except if you buy them at Marriott hotels (8%) or directly at the unnamed (pretty cryptic) pizza store.

  11. Eman

    I applied and received the Platinum immediately upon hearing the announcement. During the call to activate the card, the agent confirmed that the promotion will apply.

  12. Faith

    I gave up my platinum a few months ago in order to get the signup bonus on the Amex Aeroplan Reserve. Now I wish I’d kept the platinum- don’t think enough time has gone by that I’d get the signup bonus yet. Do you think Amex will do something for the amex aeroplan card holders?

    1. Ricky YVR

      I don’t think the AeroplanPlus Reserve is a big priority for them, so unfortunately I don’t think you’re likely to see any dedicated relief measures for that card.

  13. Peter Hendershot

    Does the screen shot of the Amex tweet actually confirm that new applicants will get the 2x Rewards? I’m ready to apply today, but the Amex application page makes no mention that I can see of the 2x points. Any thoughts?

    1. Ricky YVR

      “All Canadian Platinum cardholders” can only be read one way to me. You can also refer to the data points from new Platinum cardholders who’ve recently signed up and have been earning and redeeming at double value.

  14. Omar YYZ

    Correct me if Im wrong. Would I have to purchase the dining category gift cards from the actual store (ie The Keg), in order to qualify for the 6% or can we buy from them online. Im thinkin in store only

  15. Kal

    Do you think it’s a good time to apply for the Platinum card? when filling in an application, you think I can state my job and income even though I’ve been laid off?

  16. FrancoM

    Instead of using Plastiq to pay your tax bill at 2.5%, link your Platinum card with your PayPal account and use PaySimply at 2.29%. Not a huge difference but really maxes out the 4% return (especially on a large tax bill).

    1. Ricky YVR

      Great point, I’ve added a note about PaySimply’s lower fees in the article.

  17. Timbo2

    Possibilities galore. Would this arbitrage work. A diamond AP member (3x points spend) spends $3,400 through the AP estore during a special 10x points spend promo. $3,400 x (10+3) plus the original ($3,400 @ x 2 for double points)= 51,000 points. You then transfer the 51,000 to aeroplan and achieve Altitude Prestige 25K (plus your 51,000 miles) or credit your card for $1,020. Possibly even a better return if you could find something to code as travel or groceries through the estore.

    1. Ricky YVR

      Only the MR points earned on the credit card would be able to cash out at 2cpp, not the Aeroplan miles earned from the eStore. Otherwise, the overall gains would be very compelling indeed for any major purchases you can make via the eStore at this time.

  18. Mike

    FYI you can get those Red Lobster biscuits at Costco 🙂

    1. Ricky YVR

      Hoooo boy!!

      1. Frank123

        What does that mean ;)?

        1. Ricky YVR

          Bad news for my waistline.

  19. smuncky

    Just to add to all those food apps, for those that want to do local takeout instead of delivery, Ritual posts at 6x.

    1. Ricky YVR

      Awesome data point!

  20. Jane

    The other perk of cashing out and buying your flights is the ability to earn frequent flyer miles on those revenue tickets.

  21. KJ

    Cardswap.ca doesn’t appear to be buying gift cards from that certain pizza chain for 11% below face value anymore AFAIK

    1. MM

      It still is, but you have to know "how" to look there.

      1. oscar

        I wish I knew "how"..:(

      2. KJ

        Gotcha. I will say, once we are able to have in-person points/miles meetups again I am definitely looking forward to attending for the first time! 🙂

  22. Abubakar

    Thanks Ricky.

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