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American Express Platinum Card for Schwab
AmexFlexible PointspersonalTransferable

American Express Platinum Card for Schwab

Amex MR

Bonus
125,000
Amex points
Spend
$8,000
in 6 months
Annual Fee
$695
Bonus Value
$1,875
1.8cpp valuation

Why This Card

Same benefits as the regular Amex Platinum, but allows you to cash out Membership Rewards points at 1.1 cents each into your Schwab brokerage account (up to 1M points/year). The best option if you'd rather invest your points than transfer to airlines.

Transfer Partners

Amex MR transfers at the ratios shown

Airlines
ANA 1:1Delta 1:1Qatar 1:1Etihad 1:1Qantas 1:1JetBlue 1:0.8Aeroplan 1:1Emirates 1:0.8LifeMiles 1:1Singapore 1:1Aeromexico 1:1.6Flying Blue 1:1Cathay Pacific 1:0.8British Airways 1:1Virgin Atlantic 1:1
Hotels
Choice 1:1Hilton 1:2Marriott 1:1

Offer History

125,000 pts
$8,000 in 6mo
$1,8753/20/2026seed
125,000 pts
$8,000 in 6mo
$1,8753/20/2026seed

Interested in American Express Platinum Card for Schwab?

Check current offers and apply on the issuer's website.