My Favorite 1-2 Punch to Earn American Express Membership Rewards Points
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American Express Membership Rewards points are incredibly valuable for many reasons, mainly because of their versatility. You can transfer them to a number of airline programs, including Delta, Aer Lingus, Aeromexico, Flying Blue, and Virgin Atlantic, just to name a few.
I just checked my American Express Membership Rewards account, and I’m currently at 210,000 points. I’m confident I can get roughly $4,200 in travel from that balance! My wife is currently at 180,000 which we can turn into ~$3,600 in travel!
So how were we able to amass so many American Express Membership Rewards points? Here is exactly what we use, and what I find to be the best 1-2 credit card combo in the game!
And check out our post here on our overall favorite American Express credit cards. You’ll find a fantastic card that meets your personal goals, whether you’re a small business owner, world traveler, or just want to earn a bunch of cash back.
The Best American Express Credit Card Duo
Card #1 – American Express® Gold Card
My all time favorite credit card is the newly revamped American Express® Gold Card. While it is one of the most fashionable cards out there, you can rake in some serious points with the spending categories and perks of this card.
Currently, you can earn 35,000 American Express Membership Rewards points after spending $4,000 on purchases in the first 3 months of card membership. That’s enough for a round-trip coach flight to Hawaii by transferring points to an airline partner like Singapore Airlines! Depending on where you live, that could save you $700 or more.
While the card does have a $250 annual fee (See Rates & Fees), you can easily make up for it with the perks of the card. For example:
- Up to $100 in annual travel credits (seat upgrades, seat selection, checked bags, etc.)
- Up to $120 in annual dining credits ($10 monthly) at restaurants like The Cheesecake Factory, Grubhub, Seamless, Ruth’s Chris Steak House, and participating Shake Shacks!
So right there is $220 in value back if you are able to use these credits.
Along with the perks of the card, you will earn 4X points per $1 at restaurants and US supermarkets (on up to $25,000 per year in purchases, then 1X). That is an incredible value for expenses many of us have.
My wife and I are hardcore foodies, so the fact that we can earn our way to a Singapore Suites flight through delicious food makes this my all time favorite card.
Card #2 – The Platinum Card® from American Express
Coming in a close second is The Platinum Card® from American Express. This card is meant for the very frequent flyer and heavy spender. It’s the card I use to earn the most points with my side hustle.
Currently, you can earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases in your first 6 months of Card Membership. That’s more than enough for a one-way Business Class flight to Europe when you transfer your points to Air Canada Aeroplan! Which means you could easily receive $1,200+ in value from this bonus.
The card does have a hefty $695 annual fee (See Rates & Fees), but it comes with a slew of perks to make the fee more than worth it:
- Up to $200 in annual credits for Uber (split up over 12 months)
- Up to $200 annual airline incidental fee credit
- Up to $100 credit for TSA PreCheck/Global Entry
- Up to $100 credit for Saks Fifth Avenue
- Access to The Global Lounge Collection which is over 1,200 airport lounges all over the world
- Complimentary hotel benefits when you book with AMEX Fine Hotels & Resorts
- Enrollment required for select benefits.
However, the main reason I keep this card with such a large annual fee is earning 5X points per $1 when booking flights directly (on up to $500,000 in purchases each calendar year). If you are able to book many flights, whether it be for personal or business use, this spending category is a potential gold mine!
With our side business, and our own wanderlust, we have been able to earn hundreds of thousands of points with this card.
American Express Membership Rewards are extremely valuable and can be earned in many different ways. If you are looking to earn rack them up for yourself, take a look at your monthly expenses. While my 1-2 punch works for me, your expenses make look a bit different. But if you are a foodie and wanderluster like my wife and me, this combo will get you on the trip of a lifetime quicker than you think!
Are you earning American Express Membership Rewards with these cards? Do you have another favorite AMEX card? Let me know in the comments!
For rates and fees of the AMEX Gold Card, please click here.
For rates and fees of the AMEX Platinum Card, please click here.
The Platinum Card® from American ExpressAPPLY NOW
The Platinum Card® from American Express
Earn 80,000 Membership Rewards® points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.
Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings, which requires a minimum two-night stay, through American Express Travel when you pay with your Platinum Card®.
$240 Digital Entertainment Credit: Get up to $20 back each month on eligible purchases made with your Platinum Card® on one or more of the following: Audible, Disney+, The Disney Bundle, ESPN+, Hulu, Peacock, SiriusXM, and The New York Times. Enrollment required.
$155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax. Plus Ups are excluded.
American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. There are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
$200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
$200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
Get up to $300 back per calendar year on the Equinox+ digital fitness app, or eligible Equinox club memberships when you pay with your Platinum Card. Enrollment required. Learn more.
Breeze through security with CLEAR® lanes available at 100+ airports, stadiums, and entertainment venues and get up to $189 back per calendar year on your membership when you use your Card. Learn more.
$695 annual fee.
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