S$1204 statement credits per annum for American Express Platinum Charge Card: new 2023 benefits

Amex Platinum Charge Card (above image). Image Source: Amex Singapore website.

S$1204 statement credits to replace S$800 Travel Credits

In late 2022, American Express announced that for Platinum Charge Card holders, the annual S$800 travel credit benefit (comprised of S$400 lodging credits and S$400 travel credits respectively) would cease by 31st January 2023.

Card holderswere also encouraged to use those credits before 31st January 2023 as well.

• S$400 dining credits: to be comprised of S$200 local and S$200 for overseas participating dining establishments.
• S$400 lifestyle credits: for Spa treatments and Alcohol.
• S$204 entertainment credits (yes, its really S$204; its not a typo), for monthly news or music streaming services.
• S$200 airline credits: applicable for flight purchases with Singapore Airlines and Scoot.

American Express has updated these benefits on their website as well.

(Or, scroll further down to read about these benefits in greater detail).

Source: American Express website

How to use statement credits

Do note that usage of these benefits is not automatic. To utilise these credits, card holders MUST log into their account, and save these offers to their card.

This can be done via login through the Amex website or the Amex app. 

Save each offer to card

Global Dining Credits

S$200 credits in Singapore, S$200 credits for abroad

Restaurants in Singapore include the following places:

Love Dining restaurants:

• Lawry’s The Prime Rib
• Mikuni
• Si Chuan Dou Hua
• Wooloomooloo Steakhouse

10xcelerator restaurants (earn 10 membership rewards points for every full S$1.60 spend)

• Bee’s Knees
• Botanico
• FIRE Restaurant at 1-Atico
• FLNT Restaurant at 1-Atico
• Mimi Restaurant at The Riverhouse
• Monti at 1-Pavilion
• The Summerhouse
• TXA Gastrobar at The Alkaff Mansion
• UNA at The Alkaff Mansion
• Wildseed Cafe
• Zorba at The Riverhouse

Other participating dining establishments 

• Basilico
• Basque Kitchen by Aitor (there is also an SGD50 voucher x2 from Amex for this)
• Butcher’s Block
• Jaan by Kirk Westaway (there is also an SGD50 voucher x2 from Amex for this)
• La Dame de Pic, Raffles Singapore
• Odette
• Osteria BBR by Alain Ducasse
• Sol & Luna
• The Grand Lobby
• Tiffin Room
• Zen
• Yi by Jereme Leung

Personally, within Singapore, I would try to stack Love Dining or 10xcelerator benefits with the dining credit.

Globally, there are over 1400 restaurants in over 20 countries. To find the list of restaurants, card holders can explore the list via the Amex website:

Filter by country, city, and/or cuisine. (Image source: Amex website)

Want to apply for an American Express credit card? Apply through one of my referral links and receive either bonus Membership Rewards points, vouchers and / or Krisflyer miles:

• The Platinum Charge Card: Use this referral link and receive up to 140,000 bonus Membership Rewards points when you apply and minimum spend criteria is met.
• The American Express Platinum Card: Use this referral link and receive up to 62,500 Membership Rewards points when you apply and minimum spend criteria is met.
• American Express Singapore Airlines KrisFlyer Ascend Credit Card: Use this referral link and receive up to 35, 000 Krisflyer miles when you apply and minimum spend criteria is met. 

Lifestyle Credits

Spend a minimum of S$600 in a single transaction and get S$400 statement credits.

Participating Spas include:

• Adeva Spa (Paragon location)
• Follicle at Adeva (Paragon location)
• Spa Rael (Goodwood Park Hotel and ONE15 Marina Club locations
• The Ultimate (TripleOne Somerset and Civil Service Club Bukit Batok locations)
• The Spa by The Ultimate (SAFRA Punggol location).

For spas, all payment must be made in person.

Other Participating brand includes:

• Grand Cru Wine Concierge

Note: For Grand Cru: valid only at payments made online at the amex-specific website at grandcruwines.com/amexplat and NOT VALID at the regular website: grandcruwines.com.

Spa and Wellness (Image source: Amex website)

Entertainment Credits

Benefit of S$17 per calendar month (S$204 per calendar year) to spend at entertainment brands.

Participating Entertainment brands include:

• Audible (valid for membership subscriptions and purchases made online at audible.com or in-app via Audible app)
• Disney+ (make purchases online at disneyplus.com/en-sg)
• Eventbrite (valid for payments made online at eventbrite.sg or in-app via Eventbrite app)
• Netflix (Valid for payments made online at netflix.com/sg)
• SPH Media (Valid for membership subscriptions for The Straits Times online, The British Times online, Lianhe Zaobao online, Shin Min Daily News online, Berita Harian online, Tamil Murasu online, Tabla! online)
• Ticketmaster (Valid for payments made online at ticketmaster.sg)

Entertainment Credit (Image source: Amex website)

Airline Credit

Spend a minimum of S$600 in eligible flight purchase for Singapore Airlines and/or Scoot in one or more transactions and get S$200 statement credits.

Things to note

• Benefit only applies to payment for flights departing Singapore purchased in-app or online at Singapore Airlines and Scoot
• Purchase must be made in Singapore Dollars
• Does not apply to payments made at KrisShop, Kris+ app
• Transactions made via third-party payment providers (e.g. expedia, booking.com, etc) or other travel agencies, ticket offices, or in-person at airport locations do not count. 

Overall thoughts

Honestly, I was slightly disappointed with the change. The previous benefits were definitely easier to use – S$400 for flights and S$400 for hotel lodging was nearly a no-brainer.

While the benefits appear to be more in terms of absolute numbers (S$1204 statement credits as opposed to S$800 previously), it is harder to use them across all four categories. Personally, I forsee myself using the dining, airline, and entertainment credits, but the spa benefits remain questionable – especially the requirement to spend S$600 in one shot (before getting S$400 in statement credits) – that seems a tad bit much to swallow.

Having said that, how one interprets the change to S$1204 statement credits, is highly dependent on one’s lifestyle. I imagine that spa-lovers would rejoice at the spa benefits, so this is truly a case of to each his own.

American Express Platinum Charge Card (Image source: American Express)

Inspired by this post and want to apply for an American Express credit card? Apply through one of my referral links and receive either bonus Membership Rewards points or statement credit:

• The Platinum Charge Card: Use this referral link and receive up to 140,000 bonus Membership Rewards points when you apply and minimum spend criteria is met.
• The American Express Platinum Card: Use this referral link and receive up to 62,500 Membership Rewards points when you apply and minimum spend criteria is met.
• American Express Singapore Airlines KrisFlyer Ascend Credit Card: Use this referral link and receive up to 35, 000 Krisflyer miles when you apply and minimum spend criteria is met. 

Disclaimer: the views and opinions expressed on this page are that of Happy High Life and may not necessarily reflect the position of American Express. Happy High Life is not responsible for any decisions made by readers. The terms and conditions for each credit card's application and usage may be subject to change by American Express. Therefore, readers are recommended to check any matters with American Express or its partners; the list of all benefits of the Platinum Charge Card can be found here.

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