Amtrak card’s highly valuable 40K offer returns

The Amtrak Guest Rewards Preferred Mastercard is once again featuring an increased bonus of 40K points after meeting the minimum spending requirement. While the Amtrak cards don’t get a ton of attention since there aren’t really any great uses of Amtrak points beyond Amtrak trains, the bottom line is that this offer can get you over $1,000 worth of train travel, so it can definitely be worth a look for those who live along the rail lines.

The Offer & Key Card Details

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Card Offer and Details

Amtrak Guest Rewards® Preferred Mastercard® ⓘ $916 1st Yr Value Estimate 40K points Non-AffiliateThis is NOT an affiliate offer. We always present the best offer even when it means less revenue for Frequent Miler 40K points after $2K spend in the first 3 billing cycles (Offer Expires 4/30/2025)$99 Annual Fee Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy. Recent better offer: 30K points after $1K spend in the first 3 billing cycles + 2 companion certificates, 2 upgrade certificates and 2 lounge passes Earning rate: ✦ 3X Amtrak ✦ 2X qualifying travel, dining, transit, and rideshare ✦ 1X elsewhere Base: 1X (2.56%) Travel: 2X (5.12%) Dine: 2X (5.12%) Brand: 3X (7.68%) Card Info: Mastercard World issued by FNBO. This card has no foreign currency conversion fees. Big spend bonus: Earn 1,000 Tier Qualifying Points towards elite status for each $5K spent in a calendar year. Limit 4,000 TQPs per year. Noteworthy perks: ✦ 5% Amtrak Guest Rewards point rebate on redemptions ✦ Complimentary companion coupon ✦ One-Class Upgrade and a single-day ClubAcela pass each year. ✦ 20% rebate for onboard food & beverage purchases as a statement credit See also: Amtrak Guest Rewards credit card review Learn more or apply

Quick Thoughts

Keep in mind that on top of the intro bonus, this card offers a round trip companion, one class upgrade, and station lounge pass every year, including during the first year after initial approval. I’ve never used those benefits and can’t speak to how much they are worth, but it’s worth knowing about them.

Beyond that, Amtrak points can sometimes be worth up to 2.9c per point toward train travel. The value can vary based on what you’re booking, but there are plenty of situations where you can get north of 2c per point, which means that this bonus should easily get you $800 and possibly north of $1,000 worth of train travel. That’s a solid bonus without a huge amount of spend.

I don’t imagine that this bonus would draw anyone out of the woodwork to apply for an Amtrak card, but if you’re someone who occasionally takes the train and/or lives in an area that is well-served by Amtrak, this could certainly be worth a look.

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