American Express Offers New Travel Rewards for Platinum Cards
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American Express enhanced the travel rewards program for The Business Platinum® Card from American Express. Cardholders can now earn 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com. 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 attractive 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.
This entry was posted in Credit Card News and tagged credit cards , American Express , credit card rewards , cash back credit cards , Amex , rewards program , American Express Platinum , Amex credit cards , Platinum Card , Chase Sapphire Reserve , Charlotte Fuller
The information contained within this article was accurate as of October 11, 2016. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.