Get 30% Pay With Points Rebate With The Business Platinum Card from American Express OPEN

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Get 30% Pay With Points Rebate With The Business Platinum Card from American Express OPEN

Million Mile SecretsGet 30% Pay With Points Rebate With The Business Platinum Card from American Express OPENMillion Mile Secrets Team

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Last month, I wrote the The Business Platinum Card from American Express OPEN was doing away with its 20% rebate when you book flights through Pay With Points.

That’s because they’re replacing it with a larger 30% rebate.  This new benefit begins July 1, 2015.

Get 30 Pay With Points Rebate On The AMEX Business Platinum Card
With The Business Platinum Card from American Express OPEN, You Can Get 30% Points Back When You Use Your Points to Book a Flight Directly Through AMEX

But the 30% rebate is different from the current 20% rebate.

What’s The Business Platinum Card from American Express OPEN?

Link:   The Business Platinum Card from American Express OPEN

You can earn 40,000 AMEX Membership Rewards points with The Business Platinum Card from American Express OPEN.  To get the points, sign-up and spend $5,000 on purchases within the 1st 3 months of opening your account.

Other card benefits include:

  • Up to $200 in airline credits per calendar year on select airlines (you have to enroll and select a qualifying airline each year)
  • Airport lounge access (Delta, Priority Pass, Airspace, and American Express Centurion Lounges)
  • TSA PreCheck OR Global Entry statement credit
  • NO foreign transaction fees
  • Terms and limitations apply

The $450 annual fee is NOT waived.  But remember, you can $200 in airline credits in 2015, and then again in 2016, before the annual fee is due.

And soon you’ll get a new perk with this card.

How the New 30% Pay With Points Rebate Works

Starting July 1, 2015, you’ll get a 30% rebate when you redeem your AMEX Membership Rewards points for flights directly through AMEX.

But you’ll have to choose 1 airline for this benefit.  The 20% rebate that ends July 1, 2015, is good with any airline.

The airline you choose will also apply to the $200 statement credit you get with The Business Platinum Card from American Express OPEN.

Get 30 Pay With Points Rebate On The AMEX Business Platinum Card
Both the 30% Rebate and the $200 Statement Credit Will Only Be Good Towards a Single Airline

It’s nice to see the rebate increased.  However, this may not be a good change for folks who aren’t tied down to a single airline and want to choose their flight based on price.

Using Pay With Points to book flights is convenient because you don’t have to worry about blackout dates or finding award seats.  Plus you’ll earn frequent flyer miles!

That said, I still prefer to use my AMEX Membership Rewards points by transferring to airline and hotel partners!

Bottom Line

On July 1, 2015, the 20% rebate you get on Pay with Points flights with The Business Platinum Card from American Express OPEN, will become a 30% rebate.

But you’ll only get the 30% of your points back when you redeem for flights on a single airline (of your choosing).  And you will have to use your $200 statement credit with the same airline.

It’s good news that the rebate has increased and this could be useful if you’re loyal to a certain airline.

But you can still get more value by transferring your AMEX Membership Rewards points to airline and hotel partners!

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How long does it take American Express to credit the 30% rebate back to the membership rewards account. Thanks.

I only fly AA and partners. Here’s my question. I do all my personal and corporate day to day spending on SPG Amex to enjoy the 1.5 transfer to AA for miles. I buy all my AA tickets direct from AA with Citi Exec MC for 2 miles per dollar & pass threshold on it for the EQM. I also have a platinum Amex. With this, knowing the above am I better off booking all my flights through Amex, considering bonus, etc. ? should I just do all my spending on the platinum, rack up points there instead of AA miles and use them to buy AA tickets still gaining EQMs. Can you advise on which is best and why? Thanks!

Darius,
The email I got today indicates it is not “Airline specific”. Here is the text:

We are pleased to announce that, beginning July 1, 2015, you will get 30% Membership Rewards®1 points back when you use the Pay with Points2 feature for all or part of a flight on any airline. No enrollment is required. There are no blackout dates or seat restrictions, and you can still earn frequent flyer miles when using Membership Rewards points. To take advantage of this benefit, simply book your flight using the American Express Travel site or by calling Centurion Travel Service.

I got a targeted letter in the mail on 4/18/15 for the Business Platinum 100k after 10k spend. I applied with the code in the letter and was approved…. Target Redcard here I come.. 🙂

Do you know if we can change our airline on July 1st? I have already used the $200 credit for Delta, but I want to get the 30% rebate with British Airways…if I had known they were going to do this then I’d have chosen British Airways from the start. Thanks!