Today, I received a strange email from American Express Canada about a weird redemption “I made” on a Gold Rewards Card account I manage. At first I thought it was spam or my account got hacked, but looking at it more closely, I was a bit puzzled.
I’d never seen this type of redemption with AMEX points, so my mind started spinning. I determined that the GRC stood for the American Express Gold Rewards Card, which currently offers 25,000 points as a signup bonus and first year free.. When I realized that I got really excited that perhaps the American Express Gold Rewards Card was giving a travel credit, which was one of the benefits offered by the Platinum Card.
I AM RIGHT!
American Express is offering a $50 travel credit for travel booked through their online site, valid until January 31, 2015!
The fifty-dollar Canadian travel credit has to be redeemed at americanexpress.ca/travel, and is only available to cardholders that received the (targeted?) mailing, so check your inboxes and spam folders. The offer looks like it’s only targeted to Gold Rewards cardholders. The American Express Gold Card is overall a very strong card, with a good signup bonus, decent category bonuses, and strong benefits. The Platinum Card already offers a $200 travel credit per calendar year, but for the Gold Card to offer a similar benefit as part as well as first year annual fee waived something I’ve never seen for this category of premium credit cards. I am not sure whether new applicants will receive this offer. I hope that this promotion will be made into a permanent feature.
The $50 travel credit will be applied to your statement a few days after your purchase, and can only be used once. American Express has been stepping up their marketing to attract more cardholders and marketshare, and most recently they’ve sent out a lot of “surprise” offers that are really cool, such as a Fairmont $100 Statement Credit on $500 spend I wrote about. They’ve also increased the offers on the American Express Business Gold Rewards Card, now offering a limited-time bonus of 40,000 miles and the first year annual fee waived. It is the hottest and most lucrative card to get, which I wrote about in this post.
You can see the offer on the American Express website.