Mercedes Benz Partners with American Express for New Credit Card
Mercedes Benz and American Express have partnered to offer two new co-branded credit cards. The cards offer Membership Rewards program from American Express and annual benefits from Mercedes-Benz. Cardmembers can earn and redeem points for premium rewards that they can use to travel, shop and now service or purchase a Mercedes-Benz vehicle.
The Mercedes-Benz Credit Card from American Express cardholders receive 5 points for every dollar of eligible purchases at authorized Mercedes-Benz dealerships (excluding monthly loan and lease payments), 3 points for every dollar of eligible purchases of automobile gasoline (individual purchases of $400 or less) at domestic stand-alone gas stations. 2 points for every dollar of eligible purchases at restaurants, 1 point on all other eligible purchases. The card has a $95 annual fee.
The Platinum Card from American Express exclusively for Mercedes-Benz offers slightly less points per purchase (5 points for every dollar of eligible purchases at authorized Mercedes-Benz dealerships, 1 point on all other purchases) but does give the cardholder a $200 airline credit as well as access to airport clubs and a concierge service. This card has an annual fee of $475.
Both of these co-branded cards waive some excess miles at lease-end (1,000 and 2,000 respectively), award an annual certificate for Mercedes-Benz accessories ($50 and $100), and give a certificate toward the purchase or lease of a new Mercedes-Benz after spending $5,000 ($500 and $1,000). The certificate must be used within one year of the issue date.