Understanding Ameriprise Financial American Express Platinum Perks and Rewards

The Ameriprise Financial American Express Platinum card offers a wide range of perks and rewards that can help you save money and earn points.

One of the most notable perks is the $200 annual airline fee credit, which can be used to offset the cost of checked bags, change fees, and other airline expenses.

With the card, you can earn 5x points on air travel booked directly with airlines or through Amex Travel, and 1x point on all other purchases.

The card also comes with a $100 annual credit for purchases made at Saks Fifth Avenue, which can be a big plus for fashion enthusiasts.

The Amex Ameriprise Platinum card offers a range of benefits that make it a valuable addition to your wallet.

The annual fee is waived for the first year, saving you $450. This is a significant perk, especially considering the card's other benefits.

One of the standout features is the $200 airline fee credit for the primary cardholder, which can be used to offset the cost of airline fees such as baggage fees and change fees.

Global Entry is also included, which normally costs $100 per person, but is free for the primary cardholder and all authorized users. This can save you a significant amount of money and time when traveling internationally.

In addition to Global Entry, the card also includes Centurion lounge access, Priority Pass Select access, and Delta Sky Club lounge access for the primary cardholder and all authorized users. This means you can enjoy a range of airport lounges, complete with complimentary food and drinks, comfortable seating, and other perks.

The authorized user fee is also waived for the first year, saving you an additional $175. This can be a great way to share the benefits of the card with family members or friends.

You can technically be approved for the Ameriprise Financial American Express Platinum card without being an Ameriprise client, but the application page requires it.

The terms of the application explicitly state that you need a relationship with Ameriprise Financial, Inc. to have the card, and if that relationship ends, American Express can cancel your account or transfer it to a different card product.

Historically, this requirement hasn't been enforced, but it's still possible that American Express will start enforcing it at any point.

The American Express Platinum Card is a premium option that can be obtained with no first year annual fee through Ameriprise Financial. This offer waives the annual fee for both the applicant and up to 3 additional cardholders.

The Ameriprise version of the card has been around for a while, but it's been rare to see a sign up bonus. Currently, American Express is offering 25,000 Membership Rewards points after $3,000 spending in the first three months.

This offer is set to expire on August 31st, 2014, so it's essential to act quickly if you're interested in taking advantage of it.

To be eligible for this card, you technically don't need to be an Ameriprise client, but the application page explicitly requires it.

The terms state that having a relationship with Ameriprise Financial is a condition for having the card. This means if you don't have a relationship with Ameriprise or if it ends, American Express can cancel your card account or transfer it to a different card product with different features.

This requirement hasn't been enforced in the past, but it's still possible American Express will start enforcing it at any point.

Applying for the Amex Ameriprise Platinum card can be a bit strategic, especially when it comes to timing. The best time to sign up is mid-December of any given year.

This is because of the card's $200 air fee credit, which works on a calendar year basis. You'll get to use the credit for the remainder of the year you apply, as well as the entire next year, and a few days of the year after that.

Amex Platinum cards usually arrive quickly, often via overnight or 1-day shipping, so you can expect to receive your card within a few days of applying.

If you decide the annual fee isn't worth it after a year, Amex will refund the $450 fee as long as you cancel within 30 days of the billing date.

Some people choose to cancel and reapply to avoid paying annual fees, and Amex will approve you for another card after a few months of cancellation.

The American Express Platinum card is packed with valuable benefits, including a $200 a year air travel incidental credit, $200 a year in Uber / UberEats credits, and $100 a year in Saks credits.

The regular Platinum card has a $450 annual fee, but with its benefits, it can make sense to keep it long-term. You can easily recoup most of the annual fee by using the card's benefits.

The co-branded Amex Platinum versions have the same annual fee but offer even more benefits that are not available through the regular Platinum card. They also offer a unique feature of awarding 5,000 bonus points for every $20,000 in spending in a year.

You can save $625 in cash upfront by choosing the Ameriprise Financial American Express Platinum card over the regular Platinum card, assuming you need or want additional cardholders. This is a huge advantage, especially if you value saving cash upfront.

Ameriprise Financial has a partnership with American Express, which allows them to offer exclusive benefits to cardholders.

This partnership enables cardholders to enjoy rewards and benefits that are tailored to their financial needs and goals.

Ameriprise Financial advisors work closely with American Express to provide personalized financial planning and investment advice.

Cardholders can also take advantage of exclusive discounts and offers on travel, dining, and entertainment, thanks to the partnership.

The partnership between Ameriprise Financial and American Express aims to provide cardholders with a comprehensive financial solution that meets their unique needs.

By leveraging the expertise of both companies, cardholders can enjoy a seamless and integrated financial experience.