With the world grounded, American Express had launched the More Value from Platinum promotion last year, putting all their might to make sure that their Platinum Metal cardmembers saw value in their cards even during the stringent lockdowns which kept people home. Three takes on this promotion have already been offered during the past couple of years. American Express ran very similar offers in May 2020, October 2020 and January 2021 for their Platinum and Centurion Cardmembers. Now, they are back with it, one more time, but with a slightly different construct of the promotion. Here are all the details about the new Amex Platinum Cashback Offer, in case you were not targetted the last time around or were not an American Express Platinum Charge Cardmember then.
Get up to INR 30,000 cashback with More Value on Platinum offer.
The new promotion offers a 100% cash back for online & offline spends between August 17 and November 7, 2021. This offer is open for Platinum cardmembers for cards issued in India, and the maximum cap on the cashback is INR 30,000 through the promotion period. Payment needs to be made in Indian currency and is valid for purchases at the following e-retailers online or in-app or offline (at participating outlets). Excludes Flipkart payments made on delivery.
- Flipkart.com (Online/App)
- Croma.com (Online/Offline) [Participating Locations]
- Zomato.com (Online/App)
- MakeMyTrip (Online/App) [For PayLater, it is only valid for Hotel/Flight bookings where payment is made by 07/11/2021.]
It is different this time around since MakeMyTrip makes an appearance which is also signalling that Amex would like us to travel again!
Not just that, Centurion Cardmembers (commonly known as the American Express Black) have also received the promotion, offering them up to INR 50,000 worth of cashback at the same merchants.
This offer is open only for cardholders who have been targetted for the offer. To check your eligibility for this offer, cardholders must log in to their American Express online account, check under their Amex Offers and then save the offer on their card. There is no minimum spending amount, and 100% cashback will be applied every time until the INR 30,000 limit is reached.
The reimbursement should reflect in your billing statement within five working days. I have received this offer on my Platinum Charge Card. Additionally, a lot of Platinum cardmembers haven’t yet received an email from Amex, but the offer is showing up in their account.
Between the three “More Value from Platinum” promotions earlier, INR 58,000 has already been received from American Express as cashback, and once we add this one up, it goes up to INR 88,000. This excludes all the Membership Rewards promotions and all the other offers such as the App Store Cashback and the Shop Small Cashback promotions.
Bottomline
This is an excellent promotion from American Express, where they are just not rewarding cardholders for high-value purchases but also allowing earning cash back on everyday spends. Coupled with the last offer, it just goes on to prove that American Express is trying to give as much value to their members while they are not travelling much and staying at home as well.
Have you received this new Amex Platinum Cashback offer? What is on your wish list for spending and redeeming this cashback offer?
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great offers from Amex lately.. just wish they would offer plat.marriott status for plat. members 🙂 or a vistara tieup.. though amex has already paid back 2 years membership fees for plat. members, maybe more..
I happened to receive this offer ( Stmt credit on Flipkart purchase ) last year too. Got alert for 30K on my account today.
Platinum Reserve holders are getting 25% back up to ₹5000.
@Ajay, would you have an idea how many platinum & centurion card holders are presently in India ?
So I am guessing if I buy a gadget online at flipkart/Croma for say 50,000, i.e. in 1 transaction I get cashback of 30,000? Or is there a per txn limit?
@Venkatesh, you get a 30K statement credit in one go.