Is the Amtrak Guest Rewards Preferred Card Worth the $99 Annual Fee?

If you find yourself regularly booking trips on Amtrak, you might be leaving valuable rewards on the table. The Amtrak Guest Rewards Preferred Mastercard is specifically designed for train travelers, and right now it's sporting a pretty attractive welcome bonus. But with a $99 annual fee, it's not a card you'd get just for the bonus. Let's break down whether the ongoing benefits make sense for your travel habits.

More Than Just a Welcome Bonus

The 40,000-point sign-up offer is certainly eye-catching, but the real value of this card lies in its persistent perks for Amtrak loyalists. It's not just about earning points faster; it's about tangible upgrades and savings that enhance your travel experience every time you ride.

• You'll receive a round-trip companion coupon every year upon your account anniversary.
• A one-class upgrade coupon is also provided annually, perfect for treating yourself.
• A station lounge pass grants access to more comfortable waiting areas at select stations.
• You earn 1,000 Tier Qualifying Points (TQPs) for every $5,000 in spending, helping you reach Select Plus or Select Executive status faster.
• Points never expire as long as your account is open, removing a common worry with travel rewards.
• When you redeem points for Amtrak travel, you get a 5% rebate on those points, effectively stretching your balance further.

Who Should Seriously Consider This Card?

This isn't a card for the occasional train rider. The math only works if you're a frequent Amtrak customer. Think about it: you're paying $99 each year for the privilege of earning more points and receiving those annual coupons. If you take at least one or two round-trips a year, especially in business or first class, the upgrade and companion certificates can easily justify the fee on their own. The 20% rebate on onboard purchases is a nice touch too—it takes the sting out of that expensive cafe car sandwich and coffee.

A Few Important Caveats Before You Apply

Always read the fine print, and with this offer, there are a couple of key things to watch.

• **The bonus terms have changed.** Be aware that the official application page currently advertises a different, lower bonus (20,000 points after $1,000 spend). The 40,000-point offer for $2,000 spend is a limited-time promotion. You must apply through a specific promotional link to get the higher bonus—applying directly on the general site might not qualify you.
• **The companion and upgrade coupons have restrictions.** They're typically valid for specific fare types and routes, and blackout dates often apply. Don't assume you can use them on peak holiday travel.
• **Consider the no-fee version.** Amtrak also offers a basic Mastercard with no annual fee. It earns 2x points on Amtrak travel and 1x elsewhere, with a smaller 12,000-point bonus. If you're a lighter rider, that card might be the better financial fit.

Bottom Line

• The 40,000-point bonus is strong, but ensure you're applying via the correct promotional link to get it.
• The $99 annual fee is worth it only if you use the annual companion and upgrade coupons.
• This card is a powerhouse for dedicated Amtrak travelers, offering status boosts and point rebates that add real value.

Common Questions