Charles Schwab Amex Platinum Card 125K Bonus
🔃 Update: Offer is back again through November 12, 2025.
Unlike other versions of the Amex Platinum Card that only let you cash out points at 0.6¢, the Charles Schwab Platinum can get you 1.1 cents per point. While you could be able to get more value through travel partners, this is a popular option for many, since it lets you get a competitive and constant cash value.
Now the Charles Schwab Platinum card has a best ever 125,000 Membership Rewards points bonus. Check out the details below.
Offer Details
- Earn 125,000 Membership Rewards® points after you spend $8,000 or more in eligible purchases on your Platinum Card® from American Express Exclusively for Charles Schwab within the first 6 months of Platinum Card Membership starting from the date that your account is opened.
- Annual Fee: $895
- Offer ends 11/12/25.
- DIRECT LINK
Eligibility
The Charles Schwab Cards from American Express are only available to clients who maintain an eligible Schwab account.
You may not be eligible to receive a welcome offer if you have or have had this Card the Platinum Card®, the Platinum Card® from American Express Exclusively for Morgan Stanley or previous versions of these Cards. You also may not be eligible to receive a welcome offer based on various factors, such as your history with credit card balance transfers, your history as an American Express Card Member, the number of credit cards that you have opened and closed and other factors. If you are not eligible for a welcome offer, we will notify you prior to processing your application so you have the option to withdraw your application.
Card Details
- Earn
- 5X MR points on airfare booked directly with airlines or through Amex Travel
- 5X MR points on eligible hotels booked through Amex Travel
- 1X MR points on all other purchases
- $600 Hotel Credit ($300 semi-annually) for prepaid bookings at Fine Hotels + Resorts or The Hotel Collection ( two-night minimum) through American Express Travel.
- $400 Resy Credit ($100 per quarter)
- $300 Lululemon Credit ($75 per quarter)
- $300 Digital Entertainment Credit ($25/month) on eligible purchases or subscriptions: Disney+, a Disney+ bundle, ESPN+, Hulu, The New York Times, Paramount+, Peacock, The Wall Street Journal, YouTube Premium, and YouTube TV.
- $200 in statement credits per calendar year for airline incidental fees. Enrollment required.
- $200 in annual Uber savings ($15 in Uber Cash for U.S. rides every month plus a bonus $20 in December)
- $120 Uber One Membership Credit ($10/month)
- $200 ŌURA Credit for purchasing ŌURA Ring through OURAring.com. Enrollment required.
- $100 in statement credits annually for purchases at Saks Fifth Avenue or Saks.com. That’s up to $50 on a semi-annual basis. Enrollment required.
- Receive one Global Entry ($120) statement credit every 4 years one TSA Precheck ($85) statement credit every 4.5 years.
- $209 CLEAR Credit annually.
- Access to over 1,400+ airport lounges, including The Centurion lounge, Delta Sky Clubs, Airspace Lounges and Priority Pass Select membership
- Leaders Club Sterling Status (The Leading Hotels of the World)
- Marriott Bonvoy Gold Elite Status
- Hilton Honors Gold Status
- Walmart+ Monthly Membership Credit ($12.95/month)
- $300 SoulCycle At-Home Bike Credit
- Get up to $300 in statement credits each year on a digital or club membership at Equinox.
- Complimentary membership in premium car rental programs, including Hertz President’s Circle status and other upgrades and discounts.
- 20% discount on Wheels Up Connect and a 40% discount on Wheels Up Core memberships. Plus, get a $500 or $2,000 credit added to your Wheels Up account to use toward your initial flight
- Resy Dining Benefit
- Platinum Card Concierge available 24/7 to help with anything from special dinner reservations to finding the perfect gift.
- More perks and benefits.
- Primary Card Annual Fee: $895
- $195 annual fee for each Additional Platinum Card.
- No annual fee for Companion Platinum Cards.
Guru’s Wrap-up
This is the highest signup bonus on the Schwab Amex Platinum card. You can earn 125,000 Membership Rewards points after you spend $8,000 in six months. This offer is available until January 8th. That means that you can wait until December to apply, so you can triple dip some of the valuable credits that come with this card.
It also give you the option of cashing out points at 1.1 cents each. The process of redeeming points for cash has also been simplified as of a few months ago.
