Amex Platinum New statement credits for Walmart and SoulCycle
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The American Express Platinum Card® is one of the best travel rewards cards. With an annual fee of $ 695, it’s certainly for fans of more advanced award travel, but if you can take advantage of its airport lounge access and statement credits for Uber, Saks and more, you can get hundreds of dollars every year.
Amex just added even more statement credits to the card. Now cardholders can recover up to $ 12.95 each month to cover the cost of a Walmart + membership, plus an annual credit of $ 300 after purchasing a SoulCycle home bike. Keep reading to see how these new perks work.
See the APR of compensation over time
100,000 Membership Rewards points after spending $ 6,000 in your first 6 months of the card membership, plus 10 times the points on qualifying purchases with the card at restaurants around the world and when you buy Small in the States United, up to $ 25,000 in combined purchases, during your first 6 months of membership
Get a refund for a Walmart + subscription
The first new Platinum card statement credit is for Walmart’s subscription service, Walmart +. The service gives you free delivery to Walmart stores, free delivery with no minimum order, drug store discounts, and more.
Walmart + costs $ 12.95 per month, and if you pay with the Platinum Card, the full amount will be refunded as a credit on the statement. It’s a nice change of pace from some of the other card statement credits, like the Uber Monthly Credit, which don’t necessarily cover the full cost of your purchase. If you’re shopping at Walmart, taking advantage of this new perk is a no-brainer.
$ 300 credit towards the purchase of a SoulCycle home bike
Amex expands its wellness benefits – and its partnership with Equinox – with the second new statement credit. The Platinum Card already offers up to $ 300 in statement credits per year (divided into credits of up to $ 25 per month) to reimburse you for Equinox memberships **, including in-person Equinox gym memberships and a membership to the Equinox + mobile application.
Now the card also offers an annual credit of $ 300 on your statement if you purchase a SoulCycle home bike through your Equinox + membership. This will not by far cover the total cost of the bike; it costs $ 2,500, but if you’re already thinking about getting a stationary exercise bike, this new perk might come in handy.
Interestingly, Amex says you can use this $ 300 credit up to 15 times in a calendar year. So if you’re stocking up on SoulCycle bikes for the whole (extended) family, this new perk is for you.
Keep in mind that you need an Equinox + subscription to be eligible for this benefit, and you must debit the full price of the bike from your card in one transaction.
Other reasons to consider the Amex Platinum
Whether or not the new Walmart + and SoulCycle bike statement credits are useful to you, the Platinum Card might be worth a visit if you love to travel and appreciate premium perks like access to airport lounges, airport status, elite with Hilton and Marriott, and the ability to obtain late check-out and onsite hotel credits through Amex Fine Hotels & Resorts.
Apart from this, the Platinum card offers a welcome bonus of 100,000 Membership Rewards points after spending $ 6,000 during your first 6 months of the card membership, plus 10 times the points on qualifying purchases on the card. card in restaurants around the world and when shopping in the United States. , up to $ 25,000 in combined purchases, during your first 6 months of subscription to the card.
You can redeem Amex Membership Rewards points for travel with airline and hotel partners, including Delta, Hawaiian Airlines, and Marriott, and the points never expire.