Canada's best premium travel credit cards: Is now a good time to sign up?
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The offer: American Express Platinum Card is currently offering a record-high welcome bonus of 180,000 Membership Rewards points until Aug. 18, 2025. The bonus comes in three parts – you'll earn the first 100,000 points when spending at least $10,000 in the first three months and the remaining 50,000 points when you spend $50,000 in 12 months. Finally, you'll get an extra 30,000 points when you make a purchase on the card between months 15 and 17 of card membership.
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Redeeming Membership Reward points: What can you get with 180,000 points? If you are booking travel through the Amex Travel portal, 1,000 points is worth $1. However, Amex cardholders often get the best value by transferring their points to partner airline loyalty programs, including Air Canada (Aeroplan), Air France/KLM (FlyingBlue) and Delta (SkyMiles).
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Membership Rewards points can be transferred to Aeroplan at a 1-to-1 rate. One-way economy class tickets within North America typically range from 12,000 to 25,000 points, while a roundtrip ticket from Toronto to Tokyo costs about 100,000 points and a roundtrip flight from Montreal to Paris can be had for about 60,000 points. It's important to note that the points required for a flight can vary wildly depending on a number of factors, and taxes and fees are extra and typically paid in cash. Check out Aeroplan's reward chart here.
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