Note: Only the AMEX Platinum Mercedes Benz has $200 airline credit not the normal Mercedes Benz credit card. I confirmed with AMEX on 11/17/13.
“@AskAmex: @romsdeals I’m sorry,the $200 Airline Fee Credit is a benefit of the Mercedes-Benz Platinum Card from American Express. ^B”
The current offer for the person AMEX Platinum credit card is 25,000 Membership Rewards points right now. However, the AMEX Platinum Mercedes Benz credit card (non-affiliate link, I receive no credit) is offering 50,000 Membership Rewards points right now. The downside is that the credit card has a $475 annual fee. Despite that fact, it might be a good idea to apply for the AMEX Platinum Mercedes Benz credit card right now.
Here are the benefits of the AMEX Platinum Mercedes Benz credit card:
- Earn 50,000 American Express Membership Reward points after spending $3,000 within the first 3 months
- $475 annual fee NOT waived for 1st year; No foreign transaction fee
- Membership Reward points transfer to Delta, British Airways, Singapore KrisFlyer, and more airlines
- Lounge access to Delta, American Airlines, & US Airways
- $200 credit towards airline fees such as baggage charges, lounge membership, etc.
- Earn 5 points per $1 spent at Mercedes Benz & 1 point per $1 elsewhere
The two main reasons to sign up for the credit card are the 50,000 AMEX MR points and the $200 credit towards airlines (includes gift cards).
The trick: Apply for the AMEX Platinum Mercedes Benz now and receive $200 airline credit in 2013, 2014, and beginning of 2015. You will be able to get the $200 airline credit 3 times. You have 60 days from when your annual fee hits to receive a full refund on your annual fee. You will end up with $600 of airline gift cards. I did this same exact method earlier this year with the normal AMEX Platinum credit card as I talked about here.
Note: You cannot have held an AMEX Platinum credit card in the last 12 months or else you will not be eligible for the bonus. See ThePointsGuy’s post here for more details.
You can earn $600 in airline gift cards and 50,000 Membership Rewards points for $475. I would say that is a great deal because your annual fee is cancelled out by the airline gift cards. 50,000 AMEX MR points can transfer to 60,000 British Airways Avios at the moment or 50,000 Singapore Air Krisflyer miles. The Singapore Krisflyer program is looking really good and affordable after United’s devaluation announcement. I’d say apply for the AMEX Platinum Mercedes Benz credit card in your next credit card churn if you are eligible.