100K Amex Platinum Upgrade Offer

You should be warned that I am typing this all while clenching my jealous teeth. What am I jealous of? This amazing 100K Amex Platinum upgrade offer my friend just received. If you remember, my offer is for only 25,000 Membership Rewards points. That is an iffy type of offer, and I broke down why in my article, but this one is a no brainer type of offer. Well, for most people at least. Let's take a look at the 100K Amex Platinum upgrade offer, where to see if you are targeted for it and who it makes sense for.

Amex Platinum Upgrade Offer Details

My friend Bonni had received the following upgrade offer on her Amex Gold personal card:

• Earn 100,000 Membership Rewards after spending $6,000 within the first 6 months after upgrading.
• The $695 annual fee is NOT waived
  • Amex will pro-rate refund her what was left on her Amex Gold card's annual fee for the year. They will then bill her a prorated annual fee for the new Amex Platinum for the rest of her card member year.
• If you close, or downgrade, the new Amex Platinum within 12 months of accepting the upgrade offer you will have the points clawed back.
  • Set a calendar reminder for 12 months from the date you accept the offer to now downgrade back to the Amex Gold if you want to.

It is very important to notate the date of acceptance of upgrade offers since you can no longer rely on the annual fee posting date. The two dates will now be different, because the annual fee will continue to bill on the old Amex Gold card's initial sign up date. This has tripped people up multiple times, thinking they were safe to downgrade the card once the first full annual fee hits. That is how you end up losing 100,000 points.

Who Is This Offer Best For?

This 100K Amex Platinum upgrade offer is best for someone who has already carried a personal Amex Platinum. That is especially true with new American Express Platinum family rule. Taking this upgrade will negate you from getting the welcome offer on the card outright. That is because American Express cares when you last held a card for their lifetime rule and not when you last received the bonus.

Upgrade offers don't have the once per lifetime language that is included in most of Amex's welcome offers. That means you can get this offer even if you have had an Amex Platinum card in the past. Further than that, you can get the offer even if you are carrying an Amex Platinum card right now!

With the offer at this level it may still make sense to take the upgrade offer even if you have never had the Amex Platinum before. That is because the upgrade offer does not count against your Chase 5/24 count. If you are looking to get back under, or to stay under, in order to grab some Chase cards, then this offer could make sense. It is pretty close to the best welcome offer you can get on the card so you aren't giving up much in the process.

If you can swing the spend of two offers some will sign up for a new Amex Platinum card and THEN take the upgrade offer. You have to do what you are comfortable with though. Moves like this can lead to the Amex pop-up jail.

Where Can You Find This Offer?

Bonni saw this 100K Amex Platinum upgrade offer when logged into her American Express account. She received a postcard mailer about it as well. Those are two of the three ways that you may be sent this targeted offer. The third option is via email.

Log into your American Express account and scroll to the Amex Offers section and see if it is available on your Amex Gold card. They are usually at the top of the Amex Offers section. I also saw my 25K upgrade offer on the right hand side of the desktop login. It was just below my Membership Rewards balance when I was on my Amex Gold's card page.

100K Amex Platinum Upgrade Offer: ToP Thoughts

This 100K Amex Platinum upgrade offer is pretty amazing and as good as it gets as far as upgrades go. While it is best for people that have already had the Amex Platinum card, it could make sense for some either way. The downside is you lose out on the rewarding Amex Gold earning structure for a bit. Just remember to wait 12 months to flip that switch back to Amex Gold, assuming you don't want to carry the Platinum card long term.

Let me know if you see this offer on your account over in the ToP Facebook Group!