American Express has launched a promotion for Canadian cardholders, in which you can earn extra points for adding additional cardholders to select accounts. The offers are valid until February 28, 2023, and are limited to specific cards.
There aren’t any fees for adding cardholders to some accounts, while others come with an additional annual fee. In some cases, the offer can be quite lucrative, especially if the additional cardholders complete the spending requirement with maximum-earning multipliers.
Some of these offers fall squarely in the “low-hanging fruit” category, so let’s take a look at what’s on the table this time.
Add Supplementary Cardholders, Get Bonus Points
There is a new offer available on some American Express cards, and you can earn bonus points by adding additional cardholders to your account. The promotion runs until February 28, 2023, so be sure to take advantage of it before then if you have any cards that it’s valid for.
The full details for the promotion can be found on the American Express landing page.
The amount of bonus points depends on the card, and in some cases, there is a maximum amount of additional cardholders you can add to receive a bonus. The full scope of the promotion is as follows:
- American Express Cobalt Card: Earn 2,500 Membership Rewards points when additional cardholders spend at least $1,000 in the first three months, up to two additional cards.
- SimplyCash Preferred Card from American Express: Earn a $25 statement credit when additional cardholders spend at least $1,000 in the first three months, up to two additional cards.
- American Express Aeroplan Reserve Card: Earn 10,000 Aeroplan points when additional cardholders spend at least $2,500 in the first three months, up to two additional cards.
- American Express Platinum Card: Earn 10,000 MR points when additional cardholders spend at least $2,500 in the first three months, up to two additional cards.
- American Express Gold Rewards Card: Earn 2,500 MR points when additional cardholders spend at least $1,000 in the first three months, up to two additional cards.
It’s important to note that there is an annual fee for adding additional cardholders to some of these cards, which is outlined as follows:
- American Express Cobalt Card: Additional cards have no annual fee.
- SimplyCash Preferred Card from American Express: Additional cards have no annual fee.
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