Why go for ROI-poor reward points when cashback is king for buying Facebook ads?
“Membership has its privileges.”
That original American Express tagline still defines most of its card offerings—and if, as an e-commerce company owner, you’re primarily looking for luxury-level travel privileges and perks, The Platinum Card® from American Express may well be the ideal card for you.
If you’re looking for the best card for buying Facebook ads, it isn’t.
I’ll tell you why in a minute.
But first, let’s look at The Platinum Card® from American Express.
The Points Guy STILL loves this card in 2022, even though it’s dropped its 10X bonus. The 100,000 welcome bonus offer (after you spend $6,000 on purchases in the first six months of card membership) probably factored into the decision. (If you use The Points Guy’s Card Match Tool, you could be targeted to receive 125,000 or 150,000 points.) Especially since the welcome bonus offer’s $2,000 value works to offset the card’s hefty $695 annual fee which is one of the highest fees out there.
Great for those who value gas, groceries, and showering in airports.
That’s in addition to the card’s core travel benefits such as
5 points per dollar on flights booked directly with the airline or through Amex Travel on up to $500,000 in purchases per calendar year.
5 points per dollar on prepaid hotels booked with Amex Travel.
1 point per dollar on other purchases.
Up to $200 annual hotel credit, in the form of a statement credit on prepaid Amex Fine Hotels and Resorts or The Hotel Collection bookings with Amex Travel when you pay with your Amex Platinum.*
Up to $240 annual digital entertainment credit, in the form of $20 in monthly statement credits when you pay for eligible purchases with the Amex Platinum at eligible partners.*
Up to $200 in annual Uber Cash in the form of $15 in Uber credits for dining or rides each month, with an up to $20 bonus in December (for use in the U.S.).*
Up to $100 in credits at Saks each calendar year (up to $50 for January to June and up to $50 for July to December).*
Airline lounge access — including Centurion Lounge access, Priority Pass Select lounge access (excluding restaurant lounges), and Delta Sky Club access when you’re flying same-day Delta flights — through the American Express Global Lounge Collection.*
Up to $100 application fee credit for Global Entry every four years or TSA PreCheck every 4.5 years.
Gold status with Hilton Honors and Marriott Bonvoy.*
Elite-like benefits when you book a stay through Amex’s Fine Hotels & Resorts program or Amex’s Hotel Collection.*
Up to a $155 statement credit that covers the cost of a monthly Walmart+ membership when paying with the Amex Platinum.
Up to a $300 statement credit toward a SoulCycle at-home bike (an Equinox+ membership is required to purchase a SoulCycle at-home bike).*
Access to the Platinum Card Concierge.*
Access to the American Express International Airline Program.*
Travel protections when you use your card, including trip delay insurance and trip cancellation and interruption insurance (Underwritten by New Hampshire Insurance Company, an AIG Company), car rental loss and damage insurance (Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.) and baggage insurance (Underwritten by AMEX Assurance Company.)**
Premium Global Assist hotline that may provide many services when you’re away from home, including emergency medical transportation assistance.*
Shopping protections when you use your card, including extended warranty protection, purchase protection, and return protection.*
Multiple options for redeeming points, including transferring to hotel and airline partners, booking travel through Amex Travel, and Pay With Points.
Complimentary additional Gold Cards or you can add up to three Platinum Card authorized users for $175 per year (see rates and fees).
*Enrollment required for select benefits. **Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details.
Best of all, you can use those hundreds of thousands of points you earn for -- wait for it…
Travel! Which is not necessarily a bad thing if that’s what’s most important to you and your company…
…..as opposed to maxing out your ad spend on campaigns that are crushing it and allowing you to scale faster than you ever thought possible.
If your ad spend is $10K a month or more…
What dash.fi has to offer
The dash.fi card is the world's first card created to help businesses scale and grow. Here is what dash.fi has to offer:
Up to 3% cashback on unlimited Facebook ad spend
0% APR
Unlimited credit limit based on ad spend. The more you spend the higher your limit so you can scale your business fast without depending on or affecting your FICO score
Qualifications are based on having a monthly ad spend of $10,000 or more—not exclusively based on FICO score
Get an unlimited number of debit and virtual cards for ads—each with its own unique number, name, and address with No Annual Fee or additional costs
No annual fee
No personal guarantee required
Unlimited cash back on your Facebook ad spend
Discover The World's First Financial Platform Built For Growth
dash.fi lets you easily control spend, get higher daily limits, earn cash rewards, and stabilize ad spend at scale.
