American Express and Mercedes Benz Card will end their partnership in January 2019. That means that the two American Express Mercedes Benz credit cards will disappear. For now the cards are still available for applications but a note on the application page mentions that they will be converted with a different American Express card when the program ends.
Here’s the text that’s showing up on the application page for the two American Express Mercedez Benz cards:
Please note that the American Express and Mercedes Benz Card program will end in January 2019. Applicants can continue to apply for the Platinum Card from American Express exclusively for Mercedes-Benz, but, if approved, the Card will be replaced with a different American Express Card at the time when the Card program ends.
- Platinum Card from American Express Exclusively for Mercedes-Benz
- Earn 60,000 Membership Rewards® points after you spend $5,000 in purchases on the Card in the first three months of Card Membership.†
- Annual Fee $550
- Mercedes-Benz Credit Card from American Express
- Earn 10,000 Membership Rewards® points after you spend $1,000 in purchases on the Card in the first three months of Card Membership.†
- Annual Fee $95
This is bad news for those who want the Amex Platinum benefits or just another Membership Rewards bonus. The two American Express Mercedes Benz credit cards are separate products, so they are an option to earn 60K and 10K bonuses respectively. It’s unclear yet to what different American Express cards they’ll be converted, but the Platinum version should be converted to a regular American Express Platinum card. It’s also not clear how this will impact the $500 or $1,000 certificates that you can earn each year when you spend $5,000. Update: I contacted Amex and Mercedes-Benz Financial Services and was told that this program is facilitated by the dealers and would need to contact them directly to get an answer. Strange!
If you’ve already had the regular Amex Platinum card, then you should probably think about applying for the Mercedes Benz version before it’s gone. The bonus is only 60K for now and we have seen better in the past.
Let’s me know what you think and what your strategy will be.