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Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. SHARE: Branislav Nenin/Shutterstock.com January 05, 2021 Claire Dickey is a product editor for Bankrate, and . Before joining Bankrate, Claire worked as a copywriter for brands within the telecommunications industry as well as a hybrid marketing and content writer. Bankrate logo The Bankrate promise
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation for how we make money. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Terms apply to the offers listed on this page. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Bankrate logo The Bankrate promise
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You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Some of the offers below are no longer availabe. If you own The Platinum Card from American Express, you’re in for an additional credit-earning opportunity this new year. Now through June 30, 2021, owners of the consumer Amex Platinum can automatically receive $30 in statement credits each month on eligible PayPal purchases for a total of $180 in credits by the end of the promotional period. The details
So long as you have an account with PayPal and connect your Amex Platinum card to said account, you’re set to receive any credits. Then, when you pay for eligible purchases with PayPal, you can receive up to $30 in statement credits each month for those purchases (in addition to the typical number of rewards points you’d earn). Given that PayPal is a widely-accepted payment service, you should have no problem utilizing this opportunity, so long as you have a (free) PayPal account. Which purchases are eligible
Note that person-to-person payments via PayPal (such as to friends, family or direct merchant payments) don’t qualify for credits, as well as gift card and prepaid card purchases and any fees or interest dues associated with using PayPal. A look at other Amex Platinum credit-earning opportunities
The new limited-time offer on PayPal purchases helps to enhance the value of this premium despite its $550 annual fee. And it is one of a bevy of similar statement credit-type perks offered by the card, including: Up to $200 in airline fee credits annually Up to $100 application fee credit toward your Global Entry or TSA Precheck application every four years $100 onsite credit on qualifying hotel purchases (such as a trip to the spa); a minimum of a consecutive two-night stay with a brand in The Hotel Collection is required to earn this credit) Up to $200 in Uber Cash for rides and delivery; $15 per month and an additional $20 in the month of December Up to $100 for Saks Fifth Avenue purchases annually; $50 for January through June 2021, and $50 for July through December 2021 The bottom line
If you aren’t yet an Amex Platinum cardholder, the new PayPal credit-earning opportunity may be enough to push you over the edge toward applying. Just be sure you’d stand to benefit from the rewards structure of the card, which includes points on U.S. gas stations, supermarkets, airfare, hotels and more. For more information on the Amex Platinum card, be sure to read , or compare other options that may better suit your spending habits. SHARE: Claire Dickey is a product editor for Bankrate, and . Before joining Bankrate, Claire worked as a copywriter for brands within the telecommunications industry as well as a hybrid marketing and content writer. Related Articles