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Now Get 50% of Your Points Back With AMEX Business Platinum

Now Get 50% of Your Points Back With AMEX Business Platinum

Million Mile SecretsNow Get 50% of Your Points Back With AMEX Business PlatinumMillion Mile Secrets Team

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Update:   One or more card offers in this post are no longer available.  Check our Hot Deals for the latest offers. 

Earlier today I let you know about the new AMEX Platinum (personal and business) bonus categories.  And AMEX just announced another change to the business version of the Platinum card!

Starting tomorrow, October 6, 2016, if you have The Business Platinum® Card from American Express OPEN, your AMEX Membership Rewards points will effectively be worth 2 cents per point when you use Pay With Points to buy any flight with your selected airline through the AMEX travel portal.

And 2 cents per point for Business or First Class tickets on ANY airline booked through the portal.

That’s double what they’re normally worth!

AMEX Business Platinum 50 Back
Folks With the AMEX Business Platinum Card Will Effectively Get 2 Cents per Point When Using the Pay With Points Feature on the AMEX Travel Portal. So You Can Save on a Ticket to Venice WITHOUT Having to Search for Award Seats!

I’ll explain what this change means for you.

AMEX Business Platinum Changes

Link:   The Business Platinum® Card from American Express OPEN

If you have the AMEX Business Platinum card, your AMEX Membership Rewards points will be worth up to 2 cents per point starting tomorrow, October 6, 2016.

Because when you redeem them for certain tickets using Pay With Points through the AMEX travel portal, you’ll get 50% of your points back.

This means the 40,000 AMEX Membership Rewards point sign-up bonus on the AMEX Business Platinum card is effectively worth $800 (40,000 AMEX Membership Rewards points X 2 cents per point) in airfare!

Usually it’s only worth $400, because AMEX Membership Rewards points are worth 1 cent per point on the AMEX travel portal.  But because you’ll get 50% of your points back, it’s like getting a value of 2 cents per point.

But be aware, while you’ll get 50% of your points back for ANY Business or First Class ticket you purchase using Pay With Points, you’ll only 50% back for coach tickets booked with Pay With Points on your selected airline.

So choose your airline wisely if you plan on using your AMEX Membership Rewards points for coach travel. 😉

I’d definitely hold off on applying for this card until after tomorrow, in case more changes are announced!

Bottom Line

Starting tomorrow, October 6, 2016, your AMEX Membership Rewards points will be worth TWICE as much for flights booked using Pay With Points through the AMEX travel portal.  But only if you have the The Business Platinum® Card from American Express OPEN

Normally, you get 1 cent per point when you use your AMEX Membership Rewards points to book paid flights through their travel portal.  But with the AMEX Business Platinum card, you can get 50% of your points back.

So the current 40,000 AMEX Membership Rewards point sign-up bonus for the AMEX Business Platinum card is effectively worth up to $800 in flights.

Just remember, you’ll get 50% of your points back for ANY Business or First Class ticket booked through the portal.  But to get 50% back on a coach ticket, you’ll have to use Pay With Points AND fly with your selected airline.

So it’s worth considering your future travel plans when you choose your selected airline!

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I have the Amex Business Platinum and picked SW due to the fact that I have the companion perk. Am I able to purchase my SW ticket via Amex’s 1-800-553-9497 phone number and then go to southwest.com and add the companion?

Also, could I use a SW gift card as a partial payment with Amex Travel?

This would be the first time I use either of these services. If only SW flew to more places direct out of EWR!!

I’ll answer my own question (well part of it since I was on the phone with SW)

You CAN buy a SW ticket via Amex Travel and then link the companion to that ticket. Linking that purchased ticket via southwest.com would be the easiest, otherwise call SW with the purchased ticket info. and they will link it.

Now I just wonder if I can use SW Gift Cards on Amex Travel Services?

If I use the Amex points to book “a ticket” that involves some leg of my selected airlines and some legs other airlines, do they rebate 50% on only those legs? How would they divide “a ticket” (as the legs are not individually priced)?

I have the same question. any answer?

D, you said “You can’t buy Southwest tickets directly through the portal. But you may have luck if you call”, any update on this?

Can we buy SWA tickets directly from the airline, then use pay with points, then get another 50% back? I seem to read this somewhere? can you confirm, please?

thanks.

@Mike – You can’t buy Southwest tickets directly through the portal. But you may have luck if you call.

@Aaron @DaveS – Good point. I’ve edited the post to make that more clear. Thank you!

@Aaron, you’re right, it would never be possible to actually get $800 worth on a flight or flights out of 40,000 points, though you could get fairly close if you could keep finding flights that are cheap enough. You could get a $400 flight, then a $200 flight, then a $100 flight, then a $50 flight, then a $25 flight…but this goes on endlessly and you can never use up all your points via flights. Obviously they want you to continue using the card, building up the balances, so that you’ll keep having amounts in your account that you can actually use.

Along with the 5x on airfare, this is a legitimate enhancement, though obviously it has its limitations. I imagine some bloggers with affiliate links will be promoting it now as effectively a “2x on all spend” card, when that would really be stretching the point because of the considerations you bring up.

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