Wednesday, June 23, 2021

Massive best ever bonuses and accelerated earn rates on seven American Express cards (Platinum, Aeroplan, Marriott Bonvoy & AIR MILES)

You've most likely saw the teaser ads on the Rewards Canada site over the past two weeks to join Amex's wait list for some upcoming incredible offers. What no one knew was what those offers would be other than being Amex's best offers on those cards. I mean they gave a hint right in the ads and on the wait list registration page: "Our Best Offers Yet" so we knew there wasn't going to be anything small in this announcement.

And it isn't small. We are proud to bring you the offer details that American Express has been teasing all of us about for the past two weeks. The great news is if you hold one or more of these cards already there are some accelerated earn rate offers for you so you're not missing out on some extra points! First we'll look at the new card welcome offers. All of these offers are available from today to August 3 for new applications. Read them carefully as there are several steps to achieve the full bonus offer on each card!

Best Ever Welcome Offers

A welcome bonus of up to 100,000 Aeroplan points, plus earn 10x the points on eats and drinks up to 50,000 points, for a total value of up to 150,000 Aeroplan points.
  • Earn up to 150,000 Aeroplan®* Points:
  • New American Express® Aeroplan®* Reserve Cardmembers can earn 70,000 Aeroplan®* points after spending $6,000 in purchases within the first 6 months of Cardmembership
  • Plus, earn a total of 10X the points on eligible eats & drinks purchases in Canada for the first 6 months of Cardmembership, up to a maximum of 50,000 points
  • Plus, earn 5,000 Aeroplan®* points for each monthly billing period in which you spend $1,000 in purchases on your Card for the first 6 months of Cardmembership. That could add up to 30,000 Aeroplan®* points.
  • Apply by August 3, 2021 to take advantage of this incredible offer
A huge offer here on the Amex's Ultra Premium Aeroplan card! If you go for this you'll want to make sure you can spend $1,000 per month for the first six months with it. That way you'll get the entire 100,000 Aeroplan point welcome offer. We value Aeroplan points at no less than 1.5 cents each which makes these points worth at least $1,500. With an annual fee of $599 your absolute value of the points is at least $901. Then on top of that you will earn 10 Aeroplan points per dollar spent on eats and drinks! That's a huge amount of points for those spend categories. If you take our valuation that's like getting a 15% return on those purchases. For an idea of Eats & Drinks locations (which happen to be groceries, restaurants, food delivery bars, cafes and more) have a look at the 5x category in our American Express Cobalt™ Card Confirmed Multiplier Locations as they would be the same for this card and this offer.
 
A welcome bonus of up to 50,000 Aeroplan points, plus 5x the points on eats and drinks up to 25,000 points, for a total value of up to 75,000 Aeroplan points. 
  • Earn up to 75,000 Aeroplan®* Points:
  • New American Express® Aeroplan®* Cardmembers, earn 44,000 Aeroplan®* points after spending $3,000 in purchases within the first 6 months of Cardmembership
  • Plus, earn a total of 5X the points on eligible eats & drinks purchases in Canada for the first 6 months of Cardmembership, up to a maximum of 25,000 points
  • Plus, you can also earn 1,000 Aeroplan points for each monthly billing period in which you spend $500 in purchases on your Card for the first six months of Cardmembership. That could add up to 6,000 Aeroplan points
  • Apply by August 3, 2021 to take advantage of this incredible offer

Another amazing Aeroplan offer here that's great if you don't need all the additional benefits or don't want the have as high of annual fee as seen on the Reserve card.  huge offer here on the Amex's Ultra Premium Aeroplan card! If you go for this you'll want to make sure you can spend $500 per month for the first six months with it. That way you'll get the entire 75,000 Aeroplan point welcome offer. We value Aeroplan points at no less than 1.5 cents each which makes these points worth at least $1,125. With an annual fee of $120 your absolute value of the points is at least $1,005. Then on top of that you will earn 5 Aeroplan points per dollar spent on eats and drinks! For an idea of Eats & Drinks locations (which happen to be groceries, restaurants, food delivery bars, cafes and more) have a look at the 5x category in our American Express Cobalt™ Card Confirmed Multiplier Locations as they would be the same for this card and this offer.

Learn more and apply for the American Express Aeroplan Card here.


The Platinum Card®

 

A welcome bonus of up to 100,000 Membership Rewards points, plus 10x the points on eats and drinks up to 50,000 points, for a total value of up to 150,000 Membership Rewards points.
  • Earn up to 150,000 Membership Rewards® points: 
  • New Platinum® Cardmembers can earn 70,000 Membership Rewards® points after spending $6,000 in net purchases within the first 6 months of Cardmembership  
  • Plus earn a total of 10X the points on eligible eats and drinks purchases in Canada for the first 6 months of Cardmembership, up to a maximum of 50,000 points  
  • You can also earn 30,000 points when you make a purchase between 14 to 17 months of Cardmembership  
  • Apply by August 3, 2021 to take advantage of this incredible offer

Here we have the best ever public offer for The Platinum Card! We've seen the 100K offer via referrals for the Business version of the card but now this is here for the Personal Card and you get the accelerated earn rates as well! This offer works a little differently than we've seen before and from the above Aeroplan offers. You'll receive a 70,000 point welcome bonus when you spend $6,000 on the card in the first six months and the remaining 30,000 points comes after you've had the card for more than a year. You have to wait until month 14 of having it and then make a purchase to get the remaining 30,000 points on your 100K offer. We have seen anniversary portions of welcome bonuses frequently with other issuers but those are awarded on your anniversary date when you pay the next year's annual fee. Amex's is structured a little differently in that you must wait even longer and this make sense from their stand point as they don't want you cancelling your card right after an anniversary (And getting a pro-rated refund on the annual fee). The card has a $699 annual fee that pays for some amazing travel benefits that you won't find on other cards and with a minimum valuation of 1 cent per point the 70,000 point portion of the welcome bonus would cover that annual fee. Then on top of that you will earn 10 points per dollar spent on eats and drinks! That's a huge amount of points for those spend categories. That's like getting a 10% return on those purchases at a minimum but can work out much higher than that. For an idea of Eats & Drinks locations (which happen to be groceries, restaurants, food delivery bars, cafes and more) have a look at the 5x category in our American Express Cobalt™ Card Confirmed Multiplier Locations as they would be the same for this card and this offer.

Learn more and apply for The Platinum Card here.


Marriott Bonvoy™ American Express® Card 

A welcome bonus of up to 80,000 Marriott Bonvoy points, plus 5x the points on eat and drinks up to 25,000 points, for a total value of up to 105,000 Marriott Bonvoy points

  • Earn up to 105,000 Marriott Bonvoy™ points: 
  •  New Marriott Bonvoy™ American Express® Cardmembers, earn 65,000 welcome bonus points after you charge $3,000 in net purchases to your Card in your first 6 months of Cardmembership  
  • Plus, earn a total of 5X the points on eligible eats & drinks purchases in Canada for the first 6 months of Cardmembership, up to a maximum of 25,000 points  
  • You can also earn 15,000 points when you make a purchase between 14 to 17 months of Cardmembership  
  • Apply by August 3, 2021 to take advantage of this incredible offer

This offer runs similar to the one on the Platinum Card with a good portion of the bonus being awarded upon meeting initial spend requirements and then addtional points for holding on to the card for at least 14 months. When you meet your initial spend of $3,000 in the first six months you'll be awarded 65,000 Marriott Bonvoy points. That alone is the best initial bonus we've seen on the card in terms of the number of points. We value Marriott Bonvoy points at 1 cent a piece (minimum!) so you are looking at $650 right there in your first batch of welcome bonus points. Subtract the $120 annual fee and you have $530 in value. Then you have your anniversary bonus of 15,000 points for making one purchase in months 14-17 of having the card and you have $150 more value. Remember though 1 cent is an easily achievable minimum with Marriott Bonvoy. In recent posts we have shown values upwards of 3.4 cents per point which puts the value of the welcome offer on this well north of $1,000. Then on top of the welcome bonus this card also gets an eats and drinks multiplier of 5 points per dollar for the first 6 months. For an idea of Eats & Drinks locations (which happen to be groceries, restaurants, food delivery bars, cafes and more) have a look at the 5x category in our American Express Cobalt™ Card Confirmed Multiplier Locations as they would be the same for this card and this offer.

Learn more about and apply for the Marriott Bonvoy American Express Card here.



American Express® AIR MILES®* Reserve Credit Card

A welcome bonus of up to 5,000 AIR MILES®* Bonus Miles, plus 5x the Miles on eats and drinks up to 2,500 Miles, for a total value of up to 7,500 AIR MILES®* Reward Miles.
 
  • Earn up to 7,500 AIR MILES®* Reward Miles: 
  • New American Express® AIR MILES®* Reserve Credit Card Cardmembers, earn 4,000 Bonus Miles when you charge a total of $6,000 in purchases to your Card within your first 6 months of Cardmembership 
  • Plus, earn a total of 5X the Miles on eligible eats and drinks purchases in Canada for the first 6 months of Card membership, up to a maximum of 2,500 Miles
  •  Plus, you can also earn 1,000 Bonus Miles when you make a purchase between 14 to 17 months of Cardmembership  
  • Apply by August 3, 2021 to take advantage of this incredible offer.
Not only is the best ever offer for this card from American Express - it's the best ever AIR MILES welcome bonus of any of the AIR MILES cards that are available in the market. The welcome bonus is structured just like The Platinum Card and Marriott card with a spend requirement bonus and then a hold on to the card for 14 months bonus. When you meet the minimum spend requirement of $6,000 in your first 6 months you'll be awarded 4,000 AIR MILES and then make that one purchase after 14 months for an additional 1,000 AIR MILES. Then you have the same eats & drinks bonus like the other cards and for this card it is 5x the miles which means 5 AIR MILES Reward miles for every $10 spent on groceries and 5 miles for every $15 spent on dining. For an idea of Eats & Drinks locations (which happen to be groceries, restaurants, food delivery bars, cafes and more) have a look at the 5x category in our American Express Cobalt™ Card Confirmed Multiplier Locations as they would be the same for this card and this offer.
 

A welcome bonus of up to 100,000 Aeroplan points, plus earn 10x the points on gas, eats and drinks up to 50,000 points, for a total value of up to 150,000 Aeroplan points

  • Earn up to 100,000 Welcome Bonus Aeroplan points + 10X the points on eligible Gas, Eats & Drinks
  • Earn 70,000 Aeroplan points after spending $10,000 in purchases within the first six months of Cardmembership
  •  Plus, you can also earn 5,000 Aeroplan points for each monthly billing period in which you spend $2,000 in purchases on your Card for the first six months of Cardmembership. That could add up to 30,000 Aeroplan points 
  • Plus, earn 10 Aeroplan points for every $1 in card purchases on eligible Gas, Eats & Drinks for the first six months of Cardmembership
  • Offer ends August 3, 2021

You'll find the same offer here on the Ultra Premium Business card that is found on the consumer version. If you go for this you'll want to make sure you can spend $1,000 per month for the first six months with it. That way you'll get the entire 100,000 Aeroplan point welcome offer. We value Aeroplan points at no less than 1.5 cents each which makes these points worth at least $1,500. With an annual fee of $599 your absolute value of the points is at least $901. Then on top of that you will earn 10 Aeroplan points per dollar spent on eats and drinks! That's a huge amount of points for those spend categories. If you take our valuation that's like getting a 15% return on those purchases. For an idea of Eats & Drinks locations (which happen to be groceries, restaurants, food delivery bars, cafes and more) have a look at the 5x category in our American Express Cobalt™ Card Confirmed Multiplier Locations as they would be the same for this card and this offer.


Marriott Bonvoy™ Business American Express® Card

A welcome bonus of up to 80,000 Marriott Bonvoy points, plus 5x the points on gas, dining & travel up to 25,000 points, for a total value of up to 105,000 Marriott Bonvoy points

Earn a Welcome Bonus of up to 80,000 Marriott Bonvoy™ points + 5X the points on eligible Gas, Dining & Travel. Offer ends August 3, 2021

Earn 65,000 Welcome Bonus Marriott Bonvoy™ points after you charge $5,000 in purchases to your Card in your first six months of Cardmembership.
• Plus, you can earn an additional 15,000 points when you make a purchase after your 14 month Card anniversary date.
• Plus, earn 5 points for every $1 in Card purchases on eligible Gas, Dining and Travel for the first six months of Cardmembership.

Same offer here on the Bonvoy Business Card that you'll find on the Bonvoy personal card.  We value Marriott Bonvoy points at 1 cent a piece (minimum!) so you are looking at $650 right there in your first batch of welcome bonus points. Subtract the $150 annual fee and you have $500 in value. Then you have your anniversary bonus of 15,000 points for making one purchase in months 14-17 of having the card and you have $150 more value. Remember though 1 cent is an easily achievable minimum with Marriott Bonvoy. In recent posts we have shown values upwards of 3.4 cents per point which puts the value of the welcome offer on this well north of $1,000. Then on top of the welcome bonus this card also gets an eats and drinks multiplier of 5 points per dollar for the first 6 months. For an idea of Eats & Drinks locations (which happen to be groceries, restaurants, food delivery bars, cafes and more) have a look at the 5x category in our American Express Cobalt™ Card Confirmed Multiplier Locations as they would be the same for this card and this offer.


Offers for existing cardmembers

American Express who has spent so much on keeping existing customers engaged and rewarded during the pandemic continues to do so today by taking the accelerated earn rate offers that new cardholders are getting and giving them as well to existing card holders. Existing cardmembers simply need to log in to their account and register for the offer(s) via Amex Offers for spending until September 23.  These are the eats & drinks offers as follows:

* Note: The earn rates listed below are the total points you'll earn - these are not in addition to an accelerated earn rates the cards normally have in place

American Express® Aeroplan®* Reserve Card

Cardmembers can earn 10 bonus Aeroplan points for every $1 in eats & drinks purchases, up to 50,000 points.

American Express® Aeroplan®* Card

Cardmembers can earn 5 bonus Aeroplan points for every $1 in eats & drinks purchases, up to 25,000 points.

The Platinum Card®

Cardmembers can earn 10 bonus Membership Rewards points for every $1 in eats & drinks purchases, up to 50,000 points.

Marriott Bonvoy™ American Express® Card

Cardmembers can earn 5 bonus Marriott Bonvoy points for every $1 in eats & drinks purchases, up to 25,000 points.

American Express® AIR MILES®* Reserve Credit Card

Cardmembers can earn 5 Bonus Miles for every $10 in grocery purchases and 5 Bonus Miles for every $15 in dining purchases.

Recommended reading: Guide to American Express Canada 'Amex Offers'

These are exciting earn rate boosts for existing cardholders and while you may not have been able to score as high of welcome bonus when you got the card that sits in your wallet at least we can commend American Express for not ignoring their loyal customers!  Here at Rewards Canada you can bet we'll be shifting our spend here onto the Platinum Card  o earn the 10 points per dollar on eats & drinks. Normally we put all that spending on the Cobalt card but we can't say no to these 10 points per dollar. Once we hit $5,000 in spending then we'll switch back to the Cobalt card.

Wrapping it up

When American Express said they'll be providing the best offers ever they weren't kidding. They have already been aggressively attacking the acquisition market in 2021 and have just fired another huge salvo with these offers. Never before have we seen this many big offers including several at that 100K level at once from Amex and if any of these cards have been in your sights now is the time to get on it. You have until August 3 to apply for one or more of these offers which isn't a huge window but definitely long enough for you to do some research to find out which of these cards work best for you. 

To help you in your research here are some articles on Rewards Canada that I would recommend reading:

You can find all of these and the rest of American Express' card offers here.

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