topic Re: AMEX Platinum Pre-Qual 125,000 MR Offer in Credit Card Applications

AMEX Platinum Pre-Qual 125,000 MR Offer

Citylights18 — Fri, 07 Feb 2020 13:49:45 GMT

Using AMEX pre-qualification tool I found the 125k MR sign up bonus. That is equal to 12.5 flash sale Delta flights transferring 1 to 1 in their currency. I thought I'd mention the elevated bonus since a lot of people around here are interested in that card.

Is that 125k SUB enough to get me off the fence? I don't have a priority pass card in my wallet and do about 8k of travel in a year. NPLS is nice for keeping down the utilization. Also allows for conversion of MR points to Rakuten which I can't do at this point.

I'd rather pull the trigger on a Citi Prestige but only with a historically high SUB in place. Tough decision because it would place me into 5/24 jail for 15 months and I want a shot at the Chase Ink in a couple of months.

EX 733

TU 727

EQ 723

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

Anonymous — Fri, 07 Feb 2020 13:52:42 GMT

Congratulations on your offer!

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

Brian_Earl_Spilner — Fri, 07 Feb 2020 14:11:50 GMT

I'm thinking it's time for a SUB data thread.

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

Citylights18 — Fri, 07 Feb 2020 14:23:27 GMT

Further complicating it is a I would like to get a United card. My choices are 60,000 United Miles for 3k spend on the personal or 100,000 United for 10k spend on the business.

My Freedom first payment is going post on 3/15. The deadline on the United offers is 4/02. My next vacation in April is going to be Southwest so I don't need the United miles immediately. I get the United card and go to jail until 5/21. Then I can get the AMEX Platinum with no extension of jail time if I get the cards in the same month.

But if I do get United personal and AMEX platinum what do I get in the way of business cards if I've filled all my point earning gaps? Will be in jail for Chase for a year. I already have a Citi AAdvantage card and Citi doesn't offer anything else for business. Maybe the business Delta Gold.

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

wingennis — Fri, 07 Feb 2020 15:42:57 GMT

@Citylights18 wrote:
Using AMEX pre-qualification tool I found the 125k MR sign up bonus. That is equal to 12.5 flash sale Delta flights transferring 1 to 1 in their currency. I thought I'd mention the elevated bonus since a lot of people around here are interested in that card.

Is that 125k SUB enough to get me off the fence? I don't have a priority pass card in my wallet and do about 8k of travel in a year. NPLS is nice for keeping down the utilization. Also allows for conversion of MR points to Rakuten which I can't do at this point.

I'd rather pull the trigger on a Citi Prestige but only with a historically high SUB in place. Tough decision because it would place me into 5/24 jail for 15 months and I want a shot at the Chase Ink in a couple of months.

EX 733
TU 727
EQ 723

Wowza. That's a huge SUB.

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

Citylights18 — Fri, 07 Feb 2020 16:37:06 GMT

AMEX Business Platinum seems more valuable as you can write off the AF plus receive a 35% discount on flight purchases. The SUB for that one is not as generous though 60k for 10,000 spend and another 50k for another 15,000 spend.

125k for only 5,000 spend is quite a good deal. Is it possible to PC a Platinum to a Business Platinum after 12 months?

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

Citylights18 — Fri, 07 Feb 2020 17:08:08 GMT

I tried to log back into AMEX pre-qual tool to see if there was an expiration date for the 125k.

Unfortunately the offer was reduced back down to 100k. This seems to be about their standard offer so I don't see the urgency on this one.

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

Anonymous — Fri, 07 Feb 2020 17:36:13 GMT

@Citylights18 You are much stronger than me, I woulda jumped on that offer head first 😂.

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

FinStar — Fri, 07 Feb 2020 19:13:13 GMT

@Citylights18 wrote:
AMEX Business Platinum seems more valuable as you can write off the AF plus receive a 35% discount on flight purchases. The SUB for that one is not as generous though 60k for 10,000 spend and another 50k for another 15,000 spend.

125k for only 5,000 spend is quite a good deal. Is it possible to PC a Platinum to a Business Platinum after 12 months?

Unfortunately, no. And the same would apply to PCs to any other Platinum co-branded versions.

That said, the personal or biz [vanilla] version can be downgraded to Gold or Green.

And, as @Anonymous, it would've been difficult for me not to jump on the 125K MR offer...even if it meant sacrificing a 5/24 slot 😁 for me, of course.

But, great willpower to resist nonetheless!

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

Anonymous — Fri, 07 Feb 2020 20:59:02 GMT

dang..125k MR

i just got my amex platinum less than a month ago and i dont think my SUB is that much.

i actually dont remember the actual number it is now..just that i have to charge $5k within 3 months

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

coldfusion — Fri, 07 Feb 2020 23:34:06 GMT

@Anonymous wrote:
dang..125k MR
i just got my amex platinum less than a month ago and i dont think my SUB is that much.

i actually dont remember the actual number it is now..just that i have to charge $5k within 3 months

Almost certainly either 60K, 75K, or 100K MR. 60K is the standard public offer, the others are made available via promotional, targeted, referral, or affiliate-driven offers.

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

Citylights18 — Sat, 08 Feb 2020 18:02:24 GMT

@Anonymous wrote:
@Citylights18 You are much stronger than me, I woulda jumped on that offer head first 😂.

That's because I never really appreciated the perks associated with the card.

-Lounge access. Do I fly enough to need lounge access?

-Airline credit. Tied to a specific airline.

-Gold status with Hilton/Marriot. Usally can get independent hotels for a better price.

-15 a month UBER credit. I don't ride UBER.

-5x on prepaid hotels on AMEX travel. I can do better on price with an online travel portal.

I guess 5x on flights is something. But with all of those MR points when will you have the need to buy flights?

Its possible to have more points banked and an earn rate which exceeds more than what you'll ever reedem in airfare. I have 130,000 Chase points to use in my account not to mention frequent flyer points with several airlines to use. At 125,000 it would be doubling it. I can understand if I was under 75,000 miles across accounts and needed a miles injection.

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

Citylights18 — Sat, 08 Feb 2020 18:30:28 GMT

@coldfusion wrote:
@Anonymous wrote:
dang..125k MR
i just got my amex platinum less than a month ago and i dont think my SUB is that much.

i actually dont remember the actual number it is now..just that i have to charge $5k within 3 months
Almost certainly either 60K, 75K, or 100K MR. 60K is the standard public offer, the others are made available via promotional, targeted, referral, or affiliate-driven offers.

The 125,000 targeted is also on Dr. of credit.

https://www.doctorofcredit.com/amex-pre-qual-offering-some-people-125000-points-on-american-express-platinum/

The offer showed up as a one shot deal for me on the AMEX prequal tool then back to 100k.

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

MyFault — Sun, 09 Feb 2020 03:25:56 GMT

You're lucky! i was trying to get the 100k offer, but since i already had the ED card, and i opened my first Amex (The Blue card) back in 2008, which was closed long ago. I had no chance of getting 100k, so i jumped on the 75k SUB when i had the chance

That being said, i plan on using my Platinum for my travels, at least 3 times this year, and my home airport has a Centurion lounge. So, it was a no brainer for me.
If you don't see yourself being able to use the Platinum for more than the 125k SUB, the $550 AF may not be worth it. Especially if you're wanting an Ink card or the Prestige instead.

Will you be able to take advantage of all the Platinum's benefits? If so, go for it. If not, you're likely better off with the other two cards you mentioned.

Re: AMEX Platinum Pre-Qual 125,000 MR Offer

Citylights18 — Tue, 11 Feb 2020 14:39:41 GMT

@FinStar wrote:
@Citylights18 wrote:
AMEX Business Platinum seems more valuable as you can write off the AF plus receive a 35% discount on flight purchases. The SUB for that one is not as generous though 60k for 10,000 spend and another 50k for another 15,000 spend.

125k for only 5,000 spend is quite a good deal. Is it possible to PC a Platinum to a Business Platinum after 12 months?
Unfortunately, no. And the same would apply to PCs to any other Platinum co-branded versions.

That said, the personal or biz [vanilla] version can be downgraded to Gold or Green.

And, as @Anonymous, it would've been difficult for me not to jump on the 125K MR offer...even if it meant sacrificing a 5/24 slot 😁 for me, of course.

But, great willpower to resist nonetheless!

Something here that I didn't fully digest when the 125,000 offer (admittedly I was just checking for fun) that downgrading in a year to the AMEX Green would make a lot of sense.

If I value that SUB at 1,250 x2 ($2500) then eating a $550 annual fee for 1 year seems doable. I have a CSP right now paying $95. If I upgrade to the CSR for 3x dine/travel the effective AF after the $300 travel credit goes to $250 an increase of $155. I might as well carry a CSP and a AMEX Green rather than upgrade the CSP to the CSR.

Then the AMEX Green doesn't conflict in as many categories as my Chase Freedom like when its 5x in groceries and gas. That is the problem stacking Chase with the AMEX Gold as its $100 extra AF and directs you at 4x to put your groceries on it. Plus grubhub credit right now is in direct conflict with the doordash credit offered on the chase cards. I spend a lot more on travel than what I do on groceries. NPSL is nice for keeping that utilization low.