American Express Offers New Travel Rewards for Platinum Cards
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American Express enhanced the travel rewards program for its Platinum Card. Cardholders can now earn 5 points per $1 spent on AmEx’s travel website, or any flight tickets purchased directly through the airline. The reward changes will be applied automatically.
Changes will will not affect rewards earned for hotel purchases.
The company says they are making this change now because this is “the busiest travel time of the year.” However, some industry experts believe they may be doing it in an effort to compete with the Chase Sapphire Reserve card. Despite the hefty $450 annual fee that comes with Sapphire Reserve, many travelers have applied for the card because of its 100,000 points early spend bonus.
American Express spokesperson Charlotte Fuller said these changes were already in place before the Chase Sapphire Reserve card launched, emphasizing the company “add[s] a benefit once a year, sometimes more than once a year.”
American Express is also expanding the rewards program for Business Platinum Card Members with a 35% airline bonus. Use Membership Rewards® Pay with Points for all or part of a flight with your selected qualifying airline, and you can get 35% of the points back, up to 500,000 bonus points per calendar year.