Now Get 50% of Your Points Back With AMEX Business Platinum
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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 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!
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!
Chase Sapphire Preferred® Card
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Ultimate Rewards®.
Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
Intro APR on purchases
N/A
Regular APR
20.49% – 27.49% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Rates & Fees
Other
MORE INFO
Chase Sapphire Preferred® Card
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Ultimate Rewards®.
Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
Intro APR on purchases
N/A
Regular APR
20.49% – 27.49% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Rates & Fees
Other
MORE INFO
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