Posted by Chuck on April 28, 2017
Business Credit Cards

Published on April 28th, 2017 | by Chuck

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New Amex Business Platinum Cardholders will get 50% Benefit for One Full Year

Amex will lower the business Platinum redemption rebate from 50% to 35% in June. However, new cardholders who signed up for the card since the new benefit was announced on October 5th will continue to receive the 50% rebate for one full year. And there won’t be any 500,000 limit.

The same goes for new cardholders who apply now for the Platinum card until May 31.

I speculated this earlier today, and it’s been confirmed by @AskAmex Twitter support to numerous people.

 



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AsherO
AsherO

Will grandfathered account holders who get the 50% rebate for a year be subject to the 500k/year limitation? Will they also have to wait many weeks for the rebate to post?

P
P

Yes! That’s a relief. I have 364 days of this benefit

A
A

What about if you UPGRADED to platinum? Does that count as new?

Sams
Sams

Will upgraded cards get same year??

Mike L
Mike L

Amex should just change their slogan to “one step forward and two steps back”. I think Chase will eventually nix some the Sapphire Reserve benefits, but at least they’re giving it a honeymoon period…

Chucks
Chucks

Hmm, I bet Amex is realizing this isn’t a sustainable benefit. A frequent traveler who is racking up 5x flights on a personal platinum and redeeming at 2cpp is cleaning them out.

Jf
Jf

This is immensely depressing! Thinking of shifting my focus to us bank

P
P

i would be fine with this if the rebate was changed to include all flights and hotels redemption

Sam
Sam

I guess it is time to apply for the 150 mailer I found and get the 150K. Looks like AmEx can’t figure out how to actually compete with other cards.

asdfasfd
asdfasfd

PHAK AMEX!

Louis
Louis

So would you still recommend the card? For what reasons?

William Charles

Depends on your circumstances and offer you receive. I know some people would pay $400 just for the lounge access, but that depends on how often you fly and what your home airport it is.

Louis
Louis

Have a couple of major purchases coming up. Best offer I can get from AMEX is 100,000 Points for $10,000 spend in 3 months. Fly all the time. Home airport is LAX. Don’t think much of the AMEX Lounges as they are crazy overcrowded.

Was more wondering along the lines of the cut in the 50% points back feature. I know it lasts a year, so was wondering if you still think the card it worthwhile.

PowerT
PowerT

where did you find an offer for 100,000. I’d do that

Nun
Nun

How difficult is he approval process? I’ve had simply cash for 4+ years for my eBay sales but not a significant business that id expect they’d want for the platinum card. Thanks.

Mr. CC
Mr. CC

not hard

Dan
Dan

Is there an offer for Bus Plan that does not require 20k spend?

P
P

I think the site mentioned a targeted offer. You can enter platinum in the search and it should show you

Ave
Ave

Oh shit….gotta go book my flights, but the flight I want to book isn’t in their system UGH!!!

Jeff
Jeff

Make damn sure your airline is changed 48 hours previous

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