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Update: Several readers have reported seeing this offer on Everyday and Everyday Preferred cards as well. An extra 4X on a card that already bonuses gas purchases would be huge. It’s definitely worth keeping an eye out for this offer.
Check your Amex Offers — a reader reports receiving the following offer for 4 additional Membership Rewards points per dollar on their Business Platinum card, for a total of 5X at gas stations through 9/30/17.
- Earn an additional 4X at U.S. gas stations through 9/30/17 (targeted Amex offer)
- U.S. gas stations only (excludes superstores/warehouse clubs that also sell fuel)
- Excludes commercial fuel like jet fuel
- Targeted offer
- Expires 9/30/17
This is a great offer if you’ve got it. The reader who passed it along received this offer on a Business Platinum card, so the 1X everyday earnings on that card combined with the 4X bonus equals a total of 5X on gas station purchases. If you were able to find this offer on a card that bonuses gas station spend, it could be even better. This one appears to be highly targeted — we didn’t find it on any of our Membership Rewards cards in my family. It’s worth logging in to see if you are targeted. According to our Reasonable Redemption Values, Membership Rewards points should be worth about 1.82 cents each on average — meaning that 5X on gas is worth more than 9.1 cents per dollar. A return of more than 9% on gas is great. Of course, the value will depend on how you use and value your points. Even with a low valuation per point, this offer is quite good.
H/T: Reader Greg