Here’s something I never thought I’d say: I’m excited to use The Platinum Card® from American Express when I shop at supermarkets. (Well, at least for a while.)
(Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.)
Amex Offer: U.S. Supermarkets!
Current Amex Platinum Card members can earn a $10 statement when they spend $150 across one or more eligible purchases in-store or online by September 13, 2024. The offer can be used up to three times. That means you can spend at least $450 and earn up to $30 back. (Enrollment is required and terms apply.) I didn’t see this on any of my other cards. If you were targeted on other cards, please let me know and I’ll update the post.
There are several terms to keep in mind.
- Amex says gasoline purchases and gift card purchases are excluded.
- Pharmacy and indoor vendor purchases are also excluded.
- The pharmacy at my local Ralphs (a Kroger chain supermarket) codes as a Supermarket purchase at Amex, so your mileage may vary
- Indoor vendor purchases are things like “coffee shops and restaurants.” So, I take that mean merchants such as Starbucks or Coffee Beans located inside the stores.
- Amex says that “Specialty Food Stores, Superstores, Convenience Stores, Small Corner Grocery Stores, and Warehouse Clubs” aren’t considered Supermarkets. But again, your mileage may vary.
I love this offer’s timing. It’s great for those of hosting or attending Fourth of July parties or other summer gatherings. Plus, it covers the first couple of weeks of the college football and NFL seasons. It’s perfect for tailgates and home parties!
“What’s So Exciting About Using a Platinum Card at a Supermarket?”
Despite being a “classic” luxury product, the Amex Platinum Card is loaded with travel benefits but its points-earning features are rather blah. We’ve written about how you can earn back the card’s $695 annual fee. (See Rates and Fees.)
Only certain travel purchases earn elevated bonus points on the Platinum Card. All other eligible purchases — such as those at U.S. supermarkets — earn 1X. So, using the Amex Platinum Card at grocery stores and supermarkets is generally not a great option.
But getting the chance to earn back $30 on $450 in purchases is a pretty darn good return. Sure, I’ll earn only 450 Membership Rewards® points but I definitely appreciate the cashback!
For what it’s worth, our usual supermarket and grocery store go-to cards are:
- Blue Cash Preferred® Card from American Express: Earn 6% cash back at U.S. supermarkets (on up to $6,000 per calendar year in purchases, then 1%). Cash back is earned as American Express Reward Dollars, which can be redeemed toward statement credit or at Amazon.com checkout. (A minimum of $25 Reward Dollars may be applied toward statement credit.)
- American Express® Gold Card: Earn 4X American Express® Membership Rewards® at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
- Chase Sapphire Preferred® Card: 3X on online grocery purchases
Final Approach
A new Amex Offer gives American Express Platinum Card the opportunity to earn $10 in statement credit for spending $150 in eligible purchases made at U.S. supermarkets. Given the various summer activities and upcoming fall season, this is a great opportunity to save some money!
For rates and fees of The Platinum Card® from American Express, please visit this link.
For rates and fees of Blue Cash Preferred® Card from American Express, please visit this link.
For rates and fees of the American Express® Gold Card, please visit this link.
Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
Well, you can’t use Amex at Costco or Sam’s Club right now so that might leave just BJ’s? I guess there are a few indie restaurant supply stores that might count as warehouse?
Since I didn’t get this offer, it brings up a more global question. Is there anyway that the card holder can influence the offers one receives?
I am not getting offers based on my buying history. Probably 90% of the offers on my AmEx cards are for things I never purchased and have no plans to purchase.I’ve tried adding a lot of offers to my card in hopes of getting new ones that are more relevant, but no luck there either. I would love to get more travel related offers – or a supermarket offer .
“I’ve tried adding a lot of offers to my card in hopes of getting new ones that are more relevant, but no luck there either.”
I’ve done the same. It’s interesting. My wife, mother-in-law, father-in-law, and I all have separate Amex accounts and the targeting is different on most occasions. But I’ve also heard that some Amex Offers have a finite number of people who can accept them. So, perhaps more people are targeted — but the offers disappear from their account after other people snatch them up.