Amex Offer: Earn up to 16,500 Bonus Membership Rewards Points [Targeted]

Some American Express cardholders are being targeted for a new Amex Offer that could help you earn up to 16,500 bonus Membership Rewards points after eligible spending.

You can earn 5,500 bonus points after spending $5,500 or more, and the offer can be redeemed up to 3 times, as long as you meet the spending requirement within 90 days of enrollment.

Here are the details.

New Targeted Amex Offer — The Details

This Amex Offer is fairly straightforward: You can earn 5,500 bonus Membership Rewards points after spending $5,500 or more, and the offer can be redeemed up to 3 times within 90 days of enrollment.

We found this offer on the Platinum Card^® from American Express, though it’s worth checking all of your Amex cards since targeting can vary.

If you’re targeted, you can earn as many as 16,500 bonus Membership Rewards points total, worth roughly $363 based on our most recent valuation of Amex points.

To see if you are targeted for this offer, log into your American Express online account or mobile app (iOS, Android) and check the Amex Offers section on your eligible cards. If you see the offer, make sure to add it to your card before making qualifying purchases.

Is It Worth It?

This is the type of Amex Offer that makes the most sense if you already have large purchases coming up, such as estimated tax payments, business expenses, travel bookings, or home improvement projects.

For example, if you spent exactly $5,500 on a card like The Blue Business^® Plus Credit Card from American Express — which earns 2x Membership Rewards points on purchases (up to $50,000 per year; 1x thereafter) — you’d earn 11,000 points from the purchase itself, plus another 5,500 bonus points from this Amex Offer.

That’s a total of 16,500 Membership Rewards points from a single $5,500 purchase. Based on Upgraded Points’ valuations, those points are worth roughly $363, which works out to a little over 6% back in rewards.

And if you fully maximize the offer by spending exactly $16,500 across qualifying purchases, you’d earn a total of 49,500 Membership Rewards points with a card like the Amex Blue Business Plus card. We value that amount of points at roughly $1,089. That’s a pretty substantial haul of points from spending you may have already planned to make anyway.

Final Thoughts

This targeted Amex Offer definitely isn’t for everyone, given the high spending requirement, but if you already have some larger purchases coming up, it could be an easy way to earn a nice chunk of extra Membership Rewards points without changing your normal spending habits.