Published on December 13th, 2018 | by William Charles14
American Express Changes Travel Credit For Canadian Cardholders (One Per Cardmember Year Vs One Per Calendar)
American Express Canada has made a big change to the way the Platinum airline credit works for Canadian Platinum cardholders. Up until now cardholders received a a $200 travel credit every calendar year, new cardholders starting receiving this travel credit once every cardmember year on October 2nd, 2018. Existing cardholders will have this change applied from January 1st, 2019 onwards.
Keep in mind this is for Canada and the annual fee on that card is $695. I’ve seen no indication something similar will be implemented here, but I did think it was worth posting. This really affects cardmembers for their first year only because under the old rules you can get two travel credits and only pay one annual fee (e.g apply in June, use the credit and then use it again from January onwards).
Hat tip to Travel Update