Credit Cards

[Update] American Express Platinum: $30 PayPal Credit Per Month Until June 30

Update 2/10/21: Credits posting now, but still nothing for February 1st purchases. Hat tip to r/churning

Update 2/7/21: It looks like the credit hasn’t been reset for February. Hat tip to Travel In Points & /r/amex

Last year American Express announced consumer Platinum cardholders would receive a monthly $20 streaming and $20 wireless mobile credit from May 1 until December 31, 2020. It looks like American Express has now replaced this with a $30 PayPal credit. There is no need to enroll for this offer, you just need to add your Platinum card to your PayPal wallet and then select this card when paying with PayPal. The credit is valid from January 1 until June 30, 2021.

Gift cards are excluded as per the fine print (‘Eligible purchases do not include fees or interest charges, purchases or reloading of prepaid cards, purchases of gift cards, person-to-person payments including those for goods and services, or purchases of other cash equivalents’). This should be a relatively easy credit for most people to use, although it’s $10 less per month than the previous two $20 credits. This might have also been the cause of American Express no longer working on PPK.

F.A.Q’s

  • What happens when you make multiple purchases under $30?
    • You’ll be credited individually. E.g if you make a $29.99 purchase and then a $50 purchase you’ll receive credits for $29.99 and $0.01

Source: doctorofcredit.com