Another £175 of free money for American Express Platinum cardholders

American Express has launched another giveaway for holders of The Platinum Card.

This is presumably to convince them to keep paying the £575 annual fee for a lot of – admittedly very good – travel benefits at a time when no-one is travelling …..

It will only appear on your main card, not any supplementaries. It will not appear on Business Platinum cards.

IMPORTANT: I have the offer in the Amex app on my iPhone but it is NOT showing on the website. If you can’t see it in one spot, look in the other. Amex has confirmed to us that all cardholders will receive it.

What am I getting?

You will receive 100% cashback when you spend up to £175 (so basically £175 cashback) at:

• Waitrose

• Deliveroo

• Harvey Nichols

• Selfridges

Apart from Deliveroo, they are valid online or instore (when they reopen).

The offer runs to 18th July. This implies that it may be the last offer of its type that we see.

As a reader pointed out in the comments, it is a bit odd that Amex didn’t choose to make this ‘£30 per month for six months’. It would have done wonders for card retention.

How does the offer work?

The good news is that you don’t need to spend the £175 in one transaction, or even at the same retailer.

Each purchase you make at the above retailers will be refunded, 100%, onto your card within 2-3 days. This keeps on going until you hit the £175 cap.

Are all Platinum cardholders receiving this?

American Express says ‘Yes’. That said, I assume it won’t appear for people who are locked out of offers because they are in default or took advantage of the covid payment holidays.

If you do not see it – perhaps you are one of those people who haven’t received any offers for months due to IT issues – then I would call Amex to have it added.

Don’t forget to register before doing any spending.

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Want to earn more points from credit cards? – April 2025 update

If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.

In 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

Barclaycard Avios Plus Mastercard

Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review

Barclaycard Avios Mastercard

Get 5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.

SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on the ‘free for a year’ American Express Preferred Rewards Gold card is increased from 20,000 Membership Rewards points to 30,000 points. Points convert 1:1 into Avios (30,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on American Express Platinum is increased from 50,000 Membership Rewards points to a huge 80,000 points. Points convert 1:1 into Avios (80,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

American Express Preferred Rewards Gold

Your best beginner’s card – 30,000 points, FREE for a year & four airport lounge passes Read our full review

British Airways American Express Premium Plus

30,000 Avios and the famous annual 2-4-1 voucher Read our full review

The Platinum Card from American Express

80,000 bonus points and great travel benefits – for a large fee Read our full review

Virgin Atlantic Reward+ Mastercard

18,000 bonus points and 1.5 points for every £1 you spend Read our full review

Earning miles and points from small business cards

If you are a sole trader or run a small company, you may also want to check out these offers:

American Express Business Platinum

50,000 points when you sign-up and an annual £200 Amex Travel credit Read our full review

American Express Business Gold

20,000 points sign-up bonus and FREE for a year Read our full review

Capital on Tap Pro Visa

10,500 points (=10,500 Avios) plus good benefits Read our full review

Capital on Tap Visa

NO annual fee, NO FX fees and points worth 1 Avios per £1 Read our full review

British Airways American Express Accelerating Business

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review