There are some amazing American Express (Canada) sign-up bonuses right now. We don’t know when they’ll expire, but I’ve mentioned them a few times. This will be the final reminder about the special offers going on right now.
The American Express Platinum has just increased the sign-up bonus to 75,000 Membership Rewards points after spending $1,000 in the first three months of ownership. This is an amazing deal! We have never seen such a high sign-up offer on any card in Canada, ever.
The 75,000 Membership Rewards points can be converted 1:1 into Aeroplan and BA Avios (often with a 25% bonus to Avios).
Now, this card has a hefty annual fee of $699, however, in your first year, you will get two $200 travel credits (once per calendar year). This makes the effective first year fee $299. You also get complimentary lounge access, PLUS A GUEST, in any Premium Plaza lounge or Centurion lounge. Further, you get a complimentary Priority Pass, which lets you use hundreds of lounge around the world for free. You also get SPG Gold status, and a number of other benefits. Finally, you get the best travel insurance offered on any card in Canada.
The American Express Business Platinum is offering a 75,000 Bonus (convertible into 75,000 Aeroplan) after spending $5000 in three months. The annual fee is lower at $399, but there are no travel credits. However, you get essentially the same benefits as the personal card.
Am I eligible for the card if I don’t run a Business?
The word ‘Business’ is a broad term, and it could be argued that anyone who has ever sold or provided a service in exchange for value has a business. American Express has always seemed to be fine giving their business cards to people with no or little business activity (even a proposed business seems fine). In the business name field, if you are the business, simply put your name down, which acts as a sole-proprietor.
If you get both the business and personal card, you’ll have netted 150,000 bonus points for essentially $698, which is a fantastic deal. They can be converted into 150,000 Aeroplan points. 150,000 Aeroplan points gets you a return business class flights to almost anywhere in the world…