One of the benefits that the American Express Business Platinum offers is 35% points back on any business class airfare and economy class on your selected airline when using pay with points. You can receive a total of 500,000 rebated points per calendar year. Previously there was no cap and you actually received 50% back in points, but that was negatively changed in June 2017. American Express has sent out an e-mail to cardholders offering the following deal:
- Spend $1,000,000 in 2018 and get up to 1,000,000 back in points for 2019
- Spend $3,000,000 in 2018 and get up to 3,000,000 back in points for 2019
I don’t think most people should be spending anywhere near that much on this card. The base earning rate is 1 Membership Rewards point per $1 spent, although purchases over $5,000 do earn 1.5x membership rewards points and travel through amextravel.com does earn 5x Membership Rewards points per $1 spent so there probably are some cardholders that this increase could be useful for. Somehow I doubt those cardholders are also reading this blog though.
Hat tip to Mark & Austin
