The Platinum Card from American Express sees its 50,000 point welcome bonus return + MORE Mar 25th

 Earlier today we let you know about the new increased welcome bonuses on Amex’s Marriott Bonvoy cards and in that post we mentioned the Platinum Card seeing an increased bonus as well. That’s what we’ll cover here and it is the return of what had been the standard bonus on The Platinum Card and that standard bonus is 50,000 points.For the better of a year now Canada’s Top Ultra Premium card has had a low welcome bonus of 25,000 points and for good reason. American Express shifted from putting money behind new acquisitions on this card to supporting those that already had it during the pandemic. Existing cardholders saw some pretty amazing offers during this time from Double Points and Double Redemption value to $250 in grocery store credits and much more. Now that there appears to be a light at the end of the tunnel with the pandemic albeit a very long tunnel still, American Express appears to be getting ready for everyone looking for revenge travel! They now have increased sign up bonuses on all their travel based cards except one – the American Express Gold Rewards Card stands alone as the forgotten child! Now back to this new offer on the Platinum Card of 50,000 welcome points…

Canceling a credit card can be an excellent strategy to avoid increasing your debt load. But there are a few things you will want to consider before you cut up that card.
How Much Does Closing a Credit Card Hurt Your Credit?
Many factors go into your credit score, and canceling a credit card can impact most of them. Sometimes closing a credit card account can positively impact your credit, and sometimes it can hurt it.
Credit Utilization
First, let’s look at your credit utilization ratio, or how much credit you have available vs. how much you are actually using. Lenders recommend a credit utilization ratio of less than 30%, with some lenders not advancing loans at all if your ratio is above 35%.
By canceling a credit card, you decrease the amount of credit available to you. This can increase your credit utilization ratio and, therefore, potentially lower your credit score.
Choosing to increase your credit limit will have the opposite effect, as it could increase your score as your credit utilization ratio increases…

After spending most of 2020 supporting existing customers we can say 2021 is the year American Express is back in the game for acquiring new customers! We’ve seen increased welcome offers on the American Express Cobalt™ Card, the Choice Card from American Express™ and the SimplyCash™ Preferred Card from American Express and now we can add three more cards into the mix! As of today there are now increased welcome bonuses for the Marriott Bonvoy™ American Express® Card, the Marriott Bonvoy™ Business American Express® Card and the The Platinum Card® . In this post we’ll cover the new Marriott bonuses and follow up with separate coverage on the Platinum Card. The new welcome offers are as follows: Marriott Bonvoy™ American Express® Card New Marriott Bonvoy™* American Express® Cardmembers earn 60,000 Marriott Bonvoy™ points enough for 3 free nights at a Category 2 hotel after you charge $3,000 in purchases to your Card in your first three months of Cardmembership…

 For just over a month we have the seen the best offer yet on the WestJet RBC World Elite Mastercard and this is a reminder there is only one week left to score this great deal. The offer might be prime for the picking right now for some of our readers who are excited about the news that came out today from WestJet on how they are going to restart flights to Charlottetown, Fredericton, Moncton, Sydney and Quebec City and resume flights between Toronto and St. John’s. The offer if you don’t know about it sees a limited time $0 companion voucher and up to 450 WestJet dollars. This combo offer will only be around until March 31 at which time know the $0 companion voucher will remain on offer but the bonus dollars will drop. We don’t know to what amount exactly but have confirmation from WestJet that it won’t be 450. Do note that to get the 450 WestJet dollars you do have to be able to spend $5,000 on the card in the first three months of having it. New cardholders who apply and are approved for the card will receive a companion voucher where you will only have to pay the taxes, fees and charges on economy class bookings for WestJet flights in Canada, to the U…