Rethinking Keeping the AMEX Business Platinum
Avatar_160_hilary
Hilary Stockton
Google+

My Award Booking Service helps travelers book first class and business class with miles and points. As an independent affiliate of Cadence, I also have access to Four Seasons Preferred Partner, VirtuosoPeninsula Hotels PenClub, Dorchester Diamond Club, Belmond Bellini Club, Shangri-La Luxury Circle, Langham CoutureRitz-Carlton STARS, Starwood Luxury Privileges, Rocco Forte and other 5-star hotel partners, so I can book, for no extra cost, your perfect luxury hotel or luxury cruise with VIP amenities not available anywhere else. Become a client and upgrade your stay!

GOT A BLOG POST IDEA?
Have a travel question we haven't covered yet? Want to share your secrets for traveling well for less?

Rethinking Keeping the AMEX Business Platinum


I'm rethinking my AMEX Business Platinum. While I'd assumed I was going to cancel it later this year, after collecting the $200 in airline incidental credit, I'm sure now that I'll keep it at least another year. Why?

It's well known that until the recent improvements to the AMEX Business Platinum (see AMEX Business Platinum New Benefits: 5X on Flights and Prepaid Hotels with AMEX Travel and AMEX Business Platinum 50 Percent Points Rebate on Airfare Worth It?) there weren't any category bonuses for the card.

When the 100K Chase Sapphire Reserve appeared, with 3X Ultimate Rewards points on all travel and dining, I mentally wrote off the AMEX Business Platinum and Citi Prestige, since the latter, even though it earns 3X points, earns ThankYou points that I don't value as highly as Ultimate Rewards points due to the less valuable transfer partners and more restrictive points transfer and points retention policies.

But looking at the additional Membership Rewards points I've earned this year just from referral bonuses and AMEX Offers, I have to reconsider. I value AMEX Membership Rewards points at ~2.2 cents per point or more, given that we exclusively transfer out to airline partners and redeem for business class and first class awards.

  • 55,000 Membership Rewards points from referrals = $1210
  • 5000 Membership Rewards points earned from Marriott AMEX offers = $110
  • 20,000 Membership Rewards points expected from other AMEX offers = $440
That's $1760 worth of benefit to me so far this year, without even taking into account Centurion Lounge access, which is the main other benefit I derive from the card, and this more than compensates for the $250 part of the fee not mitigated by the airline incidental credit. Since I rarely visit Centurion Lounges, I don't value it more than ~$150 a year, so that alone wouldn't persuade me to keep the card. But the value of the referral points and AMEX Offer points is compelling to me.
 
While verifying that I'd met the terms of an AMEX Offer (call 800-297-7500 if you need to verify that you'll receive points for an AMEX Offer you've saved to your card) the representative interestingly stated that she'd ensure I received more AMEX offers. I don't know if that's simply something they tell all callers as a customer engagement ploy or if I'll actually see even more offers than previously, but we'll see.
 
Are AMEX Offers and referral credits impacting your decision on whether to keep your AMEX Platinum or AMEX Business Platinum?
 
Recommended Posts





Need Award Booking Help? Our fee is as low as $75 per ticket if you book your hotel through us.

If you enjoyed this, join 200,000+ readers: please follow TravelSort on Twitter or  like us on Facebook to be alerted to new posts. 

Become a TravelSort Client and Book Your Hotel with Virtuoso or Four Seasons Preferred Partner Benefits!

  • |
  • Print
    print |
Related Articles
Comments
Leave a Comment
Comment
Facebook-logo
Get Free Email Blog Updates
Popular Articles
Square_shangri-la_luxury_circle_benefits
1/7/2017
UPDATE: Due to high demand, we are only accepting Luxury Circle Reservations of 2 nights or more from New TravelSort Clients. As usual, quotes are only available after submitting a completed and signed TravelSort New Client Form. Note the $50...
Square_75k_amex_platinum_bonus_offer
1/24/2017
  75K AMEX Platinum and 75K AMEX Business Gold Rewards bonus offers are available to many, using private browsing (Safari) or an Incognito browser window (Google Chrome). To maximize your chances of seeing the offers, be sure to clear your...
Square_200_amex_platinum_airline_fee_credits_posted-2017
1/14/2017
  The $200 AMEX Platinum Airline Fee Credit isn't as easy for most people to use as the $250 Citi Prestige airfare credit or the $300 Chase Sapphire Reserve travel credit, for a couple reasons: It's restricted to one airline,...
Square_2017_and_travel_credits-which_credit_cards
1/3/2017
  It's 2017, which means a new round of airline and travel credits from credit cards such as the Chase Sapphire Reserve, Citi Prestige, AMEX Platinum, and more. Here's a rundown of the main cards that offer an airline or...
Square_which_travel_credit_cards_i'm_using_most_and_why
2/10/2017
  Which credit cards should you use for which spend? TravelSort reader Ann writes "I've read many of your previous travel credit card posts, but I'm curious about which credit cards you're using most now, and why. My husband and...
Square_10000_alaska_miles_bonus_for_virgin_america_elevate_members
1/9/2017
  10,000 bonus Alaska miles is a nice present today for Virgin America Elevate members who are also Alaska Mileage Plan members. Log into your Alaska Mileage Plan account, and you may see a 10K bonus similar to the following:...
Square_review-british_airways_first_class_747-seat_2a
1/18/2017
  British Airways First Class is often panned in blogger reviews, compared to other international first class products. But the fact remains that British Airways has the most first class flights and seats between Europe and the U.S., by virtue...
Square_brussels_airlines_business_class_booked_using_etihad_miles
12/29/2016
  Brussels Airlines Business Class is a great way to get to Europe, especially if you can book Brussels Airlines Business Class with Etihad miles. That's because it's just 36,620 miles + ~$100 per person roundtrip. Compare that to some of...
Square_100k_chase_sapphire_reserve_offer_to_end_january_11_2017
1/3/2017
  The 100K Chase Sapphire Reserve bonus offer will end January 11, so just 1 week more to apply if you've been on the fence about the card. I'm assuming that the new offer, for applications on January 12 and...
Square_langham_couture_preferred_partner_benefits
1/10/2017
  Langham Couture Benefits are exclusively available when reserving a Langham Hotel as a TravelSort Client or with another Langham Couture travel advisor. Langham Couture is not a well known preferred partner program, but it has a couple of great benefits: guaranteed one-category...