How Can I Get a Sign-Up Bonus for Upgrading My Credit Card?

Apr 19, 2017

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Update: Some offers mentioned below are no longer available. View the current offers here – Premier Rewards Gold Card from American Express

“Reader Questions” are answered three days a week — Mondays, Wednesdays and Fridays — by TPG Senior Writer Julian Mark Kheel.

There are some great credit card sign-up bonuses out right now and TPG reader Will wants to know whether he can get one without starting entirely from scratch…

I’m an existing Amex Premier Rewards Gold cardholder and I’ve been curious about the new Platinum and its sign-up offer. If I were to apply for an upgrade to the Platinum, would I still receive the same sign-up bonus?

TPG Reader Will

Will is referring to the new 60,000-point bonus on The Platinum Card® from American Express, which heads our list of top cards this month. Amex has recently added some new benefits to its top-of-the-line card, such as a $200 annual Uber credit and 5x points on prepaid hotels, and while the annual fee on the card has increased by $100, you can still get fantastic value from both the travel benefits and the Membership Rewards points.

But instead of applying for a new Platinum, what if Will tries to upgrade his existing Premier Rewards Gold card? Will he still get the 60,000 bonus points? Unfortunately, the answer is no. The Platinum card, like most credit cards, only comes with a sign-up bonus for new applicants. Folks who convert an existing card won’t get the 60,000 points.

However, there are a few ways you can get a bonus for upgrading your credit card. One is to call your bank and ask if there are any bonuses available for upgrading. These sort of bonuses are generally targeted and not available to everyone, but it never hurts to ask — the worst that can happen is you aren’t eligible and you can decline to upgrade.

An example of an upgrade bonus offer to the Business Platinum card.

The other option, particularly in the case of American Express, is to check your online account for any targeted upgrade offers. These offers have appeared on Amex’s online portal from time to time on a fairly consistent basis over the past year. Again, not everyone will be targeted or eligible for an upgrade bonus, but it only takes a few minutes to sign into your online account. Look in the Amex Offers section or in the area near the top of your Account Summary. You can also try finding the premium version of a card you already have, click “Apply For An Upgrade” and see if any bonus offers appear.

Hopefully you’ll find yourself targeted, Will, but if not, you’ll have to apply for the card the old-fashioned way. Thanks for the question, and if you’re a TPG reader who’d like us to answer a question of your own, tweet us at @thepointsguy, message us on Facebook  or email us at

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.