Many folks are finding that their Business Green and Business Gold cards are eligible for an offer to upgrade to the Business Platinum card and earn 120,000 points after spending $10,000 on purchases in the first 3 months after upgrading.
The Deal
- American Express is offering some Business Green card and Business Gold card holders the opportunity to upgrade to the Business Platinum card and earn a bonus of 120,000 Membership Rewards points after making $10,000 or more of eligible purchases on the Business Platinum card within 3 months from the date of upgrade. This offer is targeted.
- Direct link to log in and see if you’re targeted
Quick Thoughts
This is a very solid offer for those who can meet the spending requirements and particularly for those who have or have had a Business Platinum card before (and thus may not be eligible for the new cardmember bonus). We sometimes see targeted new cardholder offers for the Business Platinum card that yield as many as 250,000 Membership Rewards points after $20,000 in purchases (I wrote about where I found that offer last week), but these upgrade offers may be of interest for many people since they do not require a new account and they require only half the spend (while awarding a proportional number of points).
Between my wife and I, we have several Business Green and Gold cards that qualify to upgrade and earn these bonuses. We haven’t decided on our strategy yet regarding these upgrade offers, but the opportunity to earn a nice haul of points without needing to open a new account is certainly somewhat appealing. That said, keep in mind that you’ll be on the hook for the Business Platinum card’s annual fee (though of course you’ll get the benefits like the airline incidental fee credits once per calendar year, the Dell benefit once before December 31, 2024, and more).
Since my wife’s account has been showing the targeted new cardholder 250K offer, it might make more sense for her to try applying through that first since it would offer the opportunity for 250K points with only one $695 annual fee. However, if she tried that and got the pop-up saying that she isn’t eligible for the welcome bonus, it might make sense to consider upgrading a Business Green or Business Gold card.
Overall, it’s great to see Amex continue to march on with its Points Parade, this time offering Business Green and Business Gold cardholders an incentive to consider upgrading.
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