We are an independent publisher. Our reporters create honest, accurate, and objective content to help you make decisions. To support our work, we are paid for providing advertising services. Many, but not all, of the offers and clickable hyperlinks (such as a “Next” button) that appear on this site are from companies that compensate us. The compensation we receive and other factors, such as your location, may impact what ads and links appear on our site, and how, where, and in what order ads and links appear. While we strive to provide a wide range of offers, our site does not include information about every product or service that may be available to you. We strive to keep our information accurate and up-to-date, but some information may not be current. So, your actual offer terms from an advertiser may be different than the offer terms on this site. And the advertised offers may be subject to additional terms and conditions of the advertiser. All information is presented without any warranty or guarantee to you.

This page may include: credit card ads that we may be paid for (“advertiser listing”); and general information about credit card products (“editorial content”). Many, but not all, of the offers and clickable hyperlinks (such as a “Apply Now” button or “Learn More” button) that appear on this site are from companies that compensate us. When you click on that hyperlink or button, you may be directed to the credit card issuer’s website where you can review the terms and conditions for your selected offer. Each advertiser is responsible for the accuracy and availability of its ad offer details, but we attempt to verify those offer details. We have partnerships with advertisers such as Brex, Capital One, Chase, Citi, Wells Fargo and Discover. We also include editorial content to educate consumers about financial products and services. Some of that content may also contain ads, including links to advertisers’ sites, and we may be paid on those ads or links.

For more information, please see How we make money.

More AMEX Platinum Changes: Pay Bill by Due Date or Lose Points

  • Million Mile Secrets

    • Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full advertising policy: How we make money.

    Update: One or more card offers in this post are no longer available. Check our Hot Deals for the latest offers. Travel With Grant reports there are changes coming to how you earn AMEX Membership Rewards points with AMEX Platinum charge cards starting January 1, 2017.

    These changes will NOT affect folks who pay their monthly statement in full and on-time.

    AMEX Membership Rewards Points Are Terrific Because You’ll Have Lots of Flexibility With Travel Partners, Like Virgin Atlantic!

    I’ll explain what’s going to change!

    What’s the Deal With Upcoming AMEX Changes?

    Link:   Travel With Grant AMEX Changes

    American Express offers several types of charge cards.  These cards have no pre-set spending limit, but you have to pay the balance in full each month.

    Effective January 1, 2017, Travel With Grant indicates the upcoming changes to the AMEX Platinum charge cards include:

    Previously, AMEX allowed folks to get points back for late payments if they paid a $35 fee.  But this option seems to be going away.

    These changes may impact other AMEX charge cards like The Business Gold Rewards Card from American Express OPEN.  I recommend reading your upcoming AMEX statements to see if the updates will affect your cards.

    Folks who pay the statement amount each due date will NOT be impacted.

    That’s why I always recommend paying your monthly balance in full on all cards.  Because if you carry a balance, the benefits of the points will be offset by interest and late charges.

    Bottom Line

    Effective January 1, 2017, you will lose AMEX Membership Rewards points earned on AMEX Platinum charge cards if you do not pay the monthly statement in full by the due date.

    And you’ll no longer be able to pay a fee to reinstate points after a late payment.

    Other AMEX charge cards may be impacted as well.  Please let me know if you see changes on your statements!

    Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)