Amex Platinum - 1st year no fee plus 25K MR

[Miscellamy]

Sorry if this is old news, but I didn't see any other posts about it. 

The Ameriprise version of the Amex Platinum waives the $450 annual fee for the first year -- the downside is that they ordinarily don't offer any signup bonus. But right now they're offering 25K MR points after spending $3K in the first 3 months. I think it's good through the end of August. It's basically the same as the (non-targeted) PRG offer, but you get all of the Platinum benefits. I just took the bait.

Oh, and the CSR mentioned that it's a chip and pin card. I didn't realize that! 

[CreditJim]

That's a superb offer. What's the criteria for applying? Do you have to be an Ameriprise member? I'm unfamiliar with them.

[Miscellamy]

The fine print says that you need to have a relationship with Ameriprise and Amex reserves the right to close your account if you don't have an account with them.

I don't have one. Anecdotal evidence says that you don't *actually* need to have an Ameriprise account, but I guess it's apply at your own risk. The application doesn't ask anything about it. 

[CreditJim]

I was just trying to make sense of the fine print. Going through the application, it doesn't ask you anything as you say. I have the business Platinum, have never had the personal Platinum, do you think I'd still be eligible for the bonus?

[Miscellamy]

I think so, although who knows with their shifting policies. Worth a try, right?

[CreditJim]

Even without the signup bonus, the waiving of the annual fee for the first year definitely solves a bit of a dilema I've had lately regarding my Amex lineup. Thanks for the heads up.

[nachoslibres]

Yeah, this is almost worth getting for me.  Does anyone know if you can PC this card to a no fee card when the AF comes due?

[CreditJim]

There isn't a no AF charge card so I doubt it.

[nachoslibres]

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@CreditJim wrote:

There isn't a no AF charge card so I doubt it.

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Good point, thanks.