Add Row 
Add 
Amex Business Platinum Card Faces Significant Points Devaluation
The American Express Business Platinum Card, a favorite among frequent travelers, is set to undergo a notable shift in its rewards structure starting September 18, 2025. This change primarily revolves around the well-regarded 35% points bonus on airfare, a feature that has provided cardholders with ample opportunities to maximize their rewards. Unfortunately, the alterations may signal a discouraging trend for both current and prospective cardholders.
Understanding the Changes to the Points Bonus
The existing 35% Pay with Points bonus allows cardmembers to reclaim a portion of points used for tickets booked through Amex Travel. However, following the upcoming modifications, the bonus will only apply to flights booked with specific qualifying airlines selected for their airline fee credit. The crucial distinction here is that the bonus will no longer encompass First and Business Class tickets booked with non-qualifying airlines.
This update effectively narrows the list of eligible airlines to major domestic carriers, including Alaska Airlines, American Airlines, Delta Air Lines, Hawaiian Airlines, JetBlue Airways, Southwest Airlines, Spirit Airlines, and United Airlines. Such a limitation marks a departure from the previously more flexible program, where cardholders had broader options available.
The Implications of This Devaluation
By restricting the list of airlines eligible for the 35% bonus, American Express is significantly altering the value proposition of the Business Platinum Card. For many cardholders, particularly those used to traveling in premium cabins, the card's appeal lay in its ability to facilitate luxury travel experiences. With these changes, many may find it increasingly difficult to derive the same level of value from their card's rewards.
As cardmembers reflect on how the program has shifted from a more attractive structure, this move also echoes broader trends within the credit card industry, where issuers are reassessing rewards too. For instance, in October 2023, American Express also reduced the points bonus on the American Express Business Gold Card, demonstrating a wider strategy to limit significant payback for points used on specific purchases.
How to Adapt to The New Points Structure
Despite the disappointing changes, there might still be ways for cardholders to navigate the new points structure effectively. While the 35% bonus will be confined to flights on select airlines after September 18, it would be prudent for members to choose their qualifying airline wisely during the enrollment period, which occurs annually in January. Given the airline alliances that some of these carriers are part of—such as Oneworld, SkyTeam, and Star Alliance—cardholders may still find value opportunities by booking through partner airlines that ultimately enhance their travel experience.
Reflections on the Future of Travel Rewards
This change in structure raises crucial questions about what the future holds for travel rewards, particularly as more consumers prioritize loyalty programs with substantial returns. With the landscape of card benefits evolving, the emphasis is now on understanding what best suits individual travel habits.
Given the dramatic shift towards a narrower bonus eligibility, this could prompt many to reassess their relationships with reward programs not just for American Express, but throughout the industry. As cardholders seek the best value for their spending and traveling habits, switching to cards with more advantageous structures might become an attractive alternative.
Final Thoughts
The revisions to the American Express Business Platinum Card's points structure inevitably present challenges for cardholders. While these changes may diminish the card’s attractiveness, understanding how to navigate this new landscape is crucial. Selectively utilizing qualifying airlines and keeping informed about loyalty program options can help cardholders continue to derive value from their American Express cards.
In these evolving times, staying informed can make all the difference in maximizing credit card benefits and ensuring that travel experiences remain as rewarding as possible.
Write A Comment