How do I earn and redeem Amex Platinum points?

Question

The American Express Platinum card points per dollar earnings are as follows: 5 points per $1 on flights booked with airlines or with American Express Travel (up to $500,000 spent per year), 5 points per $1 spent on prepaid hotels booked through Amex, and 1 point per $1 on all other purchases.

In addition to these ongoing rewards, the American Express Platinum card also offers new cardholders an initial bonus of 100,000 points for spending $6,000 in the first 6 months. Charges for travelers’ checks, prepaid cards, gift cards, cash equivalents such as lottery tickets, fees and interest do not earn points.

More info about the American Express Platinum card points:… read full answer

American Express Platinum card points are worth 1 cent each when redeemed for airfare or stays at Fine Hotels & Resorts properties booked through the American Express Travel portal. Points used for most other forms of travel are worth just 0.7 cents each, however. In addition, points are worth 1 cent each toward most gift cards, 0.6 cents toward statement credits or 0.7 cents when using the Pay with Points feature for purchases at major retailers like Amazon or Best Buy.

Just remember that American Express Platinum card point values are subject to change. Visit the Membership Rewards Points calculator website for current point values and other redemption options. American Express Platinum card points do not expire as long as your account isn’t closed due to inactivity and you keep your account in good standing. Points are forfeited when losing an account, so make sure to redeem them before that.

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Answer 1 · 2022-01-21 18:00:48

Clark Newton, WalletHub Credit Card Advisor

@aprwizard9 • 01/21/22 This answer was first published on 05/09/18 and it was last updated on 01/21/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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You can earn and redeem American Express Platinum card points by using it for purchases. With your American Express Platinum card, you’ll earn 1 - 5 points per $1 spent. To qualify for this card’s 5 points / $1 rewards rate, flights must be booked through the airline or Amex (up to $500,000 spent per year), and hotels must be booked through Amex.

In addition, the American Express Platinum card also offers 100,000 points for spending $6,000 in the first 6 months. When you redeem American Express Platinum card points, they’re worth 0.7 cents to 1 cent each in most cases.

Here’s how to redeem American Express Platinum card points:

Book travel through Amex. Just log in to your Amex account via the Amex travel portal, then search for the transportation and accommodations you want to book. There will be an option to pay with points at the check-out.
Transfer points. You can actually move your points at a 1:1 ratio to 17 airline and 3 hotel loyalty programs. To do so, log in to your Amex account and choose your loyalty program. Just keep in mind that you have to transfer in 1,000-point increments.
Get gift cards. Log in to Amex’s gift card reward page to make your selection. There are dozens of options to choose from, including restaurants, movie theatres and airlines.
Donate. You can make a charitable donation with your rewards points by logging in at Amex’s JustGiving page.
Amazon Shop with Points. If you connect your Amex card to your Amazon account, you can use their Shop with Points system to spend points on merchandise. But you’ll only get 0.7 cents per point using this method.
Statement credit. You can use your points to pay for charges on your statement, at a rate of 0.6 cents per point, by logging in to your Amex account.
Shopping. You can also spend your points toward Ticketmaster purchases (0.6 cents per point), Rite Aid purchases, Bestbuy.com, Staples.com and a few other sites (0.7 cents per point). Plus, you can use them at a rate of 1 cent each toward NYC Taxi rides.

For more redemption options and current point values, visit the Membership Rewards Points calculator website.

In addition, American Express Platinum card points do not expire as long as your account isn’t closed due to inactivity and you keep your account in good standing. Points are forfeited when losing an account, so make sure to redeem them before that.

Answer 2 · 2018-07-17 15:52:21

Eileen Winters, Member

@eileen_winters • 07/17/18 This answer was first published on 07/17/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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It really depends on what you want to do with them. They've got portals to all sections, so a good place to start would be to just check your online account.

How do I earn and redeem Amex Platinum points?

Clark Newton, WalletHub Credit Card Advisor

Here’s how to redeem American Express Platinum card points:

The Platinum Card® from American Express

Eileen Winters, Member

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