Amex recently rolled out a very generous promotion for Platinum card members. However, this was only for personal cards and excluded the premium $1750 Platinum Business card members.
Business Platinum card members felt somewhat left out; which is understandable when the key features of the card are travel-related:
• Unlimited Virgin Australia lounge access
• Best in class travel insurance
• Hotel status
• flight discounts
Essentially all the perks we’re paying for are on pause right now and for the foreseeable future.
$800 Business Credit
Today, American Express Business announced a very compelling offer: an $800 statement credit following your card anniversary.
For any business owners who are still running a lot of expenses through their card, it’s a no-brainer to keep paying the annual fee. The rewards keep stacking up, and with an $800 credit, this brings the cost of the card down to $950.
$320 Back On Business Expenses
To further sweeten the deal, Amex is also offering $320 back on business purchases. You will need to save the offer to your card and spend $20 or more at participating businesses and get $20 back, up to 16times. The offer is valid until 31 December and includes business such as Australia Post, Bing Lee, Google, Optus, PayPal and Telstra.
Don’t forget to save this offer to your card; it’s free money!
Call me bias, but I love how proactive American Express has been in their response. Getting an $1120 discount on what is, in my humble opinion the best business card in Australia is pretty damn good! Sure, some of the many travel-related perks don’t make sense right now, however while most of us are stuck at home, business goes on and so does the growth of our points balances!
|1. Business Platinum Card Members with Card anniversary dates from 1 January – 31 December 2020 will be eligible to receive a one-time $800 statement credit after your Card anniversary.|
For Card anniversary dates January-May 2020, your one-time business credit will be applied in June 2020.
For Card anniversary dates June-December 2020, your one-time business credit will be applied within 4-8 weeks after your Card anniversary date.
This statement credit is limited to eligible active Basic (not Additional) Card Members only. Offer is non-transferable. If the eligible Business Platinum Card is cancelled, or you downgraded or upgraded your Card ahead of your Card anniversary date, you will not receive the one-time $800 statement credit. American Express reserves the right to modify or revoke this offer at any time.2. Offer valid at participating businesses: Australia Post, Bing Lee, Google (on eligible products), Optus, PayPal, Telstra.
|• Payments can be made in-person at Australia Post, Bing Lee, Optus, Telstra.• Payments can be made in Australian Dollars (AUD) online at auspost.com.au/shop, binglee.com.au, google.com (on eligible products), optus.com.au, telstra.com.au.|
|Payments can be made in-app via Google Play Store app, My Optus app, My Telstra app.Google Offer valid for payments made in AUD, online or in-app, for eligible Google products. Prior to making payment you must add your Card to your Google account.PayPal Offer valid for payments made in AUD online or in-app where PayPal is accepted. Only valid for Australian PayPal accounts. When making payments from your PayPal account you must first link your Card to your PayPal account, then select your linked American Express Card at PayPal checkout.Offer is limited to $320 credit per Card to which the offer is saved and only spend on this Card counts towards the Offer.|
|Not valid for transactions where you do not spend directly with your Card to which the offer is saved, via the above noted payment methods.|
Not valid for payments made via a third party establishment or payment processor, with the exception of PayPal.
Credit is not redeemable for cash or other payment form.
Credit should appear on your billing statement within 5 business days from qualifying spend but may take up to 90 days from the offer end date.
Credit will not be applied to your Card Account if your Card has been suspended or cancelled.
Credit may be reversed if your qualifying purchase is refunded or cancelled.