Amex Axes Spending Threshold Bonus on the Premier Rewards Gold Card

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  1. BoardingArea

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    Last week, it was reported that American Express is doing away with the spending threshold bonus on the American Express Premier Rewards Gold card in 2015. The spending threshold has been the best way to make back the annual fee in the value of points. For spending $30,000 in a year, American Express offered a bonus of 15,000 Membership Reward points. It was (is, for now) a great bonus. The disturbing part is the reason American Express is making this change (HT: Points Guy) We are eliminating this because the majority of Premier Rewards Gold Card Members did not meet the annual spending threshold of $30,000 and did not get the point bonus. Instead, we are evaluating other benefits and services that we believe may provide value to more of our Premier Rewards Gold Card Members. This sounds very similar to this other statement that American Express had made last year about their earnings mall (similar to the Ultimate Rewards mall): The Earn Points website (also known as membershiprewards.com/earn) will... The post Amex Axes Spending Threshold Bonus on the Premier Rewards Gold Card appeared first on Running with Miles.

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