Good afternoon everyone, I hope your week is going well. 2 years ago, I wrote My Disappointing Experience with AMEX Business Platinum 35% Membership Rewards Point Rebate. In that post, I shared my negative experience using the 35% Airline Bonus benefit that is available on the American Express Business Platinum Charge Card. Long story short, the automatic 35% rebate never showed up, so I contacted AMEX to resolve the issue and the AMEX rep gave me the wrong rebate amount (fewer points than I was supposed to receive). I then contacted AMEX via Twitter to resolve the issue. Since that negative experience, I did not trust / use the 35% Airline Bonus benefit until April 2021. Thankfully, I had a much better experience that was surprising simple and straightforward. If you have the AMEX Biz Plat and haven’t used this benefit in a while, I think it is time to give it another shot.
As a reminder, the 35% Airline Bonus benefit allows you to get a 35% rebate on the number of American Express Membership Rewards Points you redeem toward any flight on your selected airline or any business / first class flight on any airline. You can receive up to 500,000 rebated points per calendar year (maxed out when you redeem 1.43 million points).
On April 24, I booked 3 separate one way flights on Alaska Airlines that cost $148.40 each. The way the booking and rebate process works is a little confusing. You book your flights through the AMEX Travel portal and pay with your AMEX Biz Plat. Then AMEX will redeem 14,840 points and give you a $148.40 credit. The $148.40 purchase and $148.40 credit cancel each other out and you are only out the 14,840 points. Then 6-10 weeks later, you will get 35% of your points back (14,840 x 35% = 5,194). I told you it was confusing.
On my American Express Membership Rewards Points account summary page, I see 3 separate redemptions of 14,840 points.
The following day, I received this email from American Express that said my recent flight redemption was eligible for the 35% rebate.
1 month later, I received 3 separate earning transactions of 5,194 points each. I’m not sure why the first transaction posted on May 25 but the other 2 transactions posted on May 26. The math is correct (14,840 x 35% = 5,194) and the points posted earlier than the 6-10 week promised time (posting 4 weeks and 2 days later).
If you have any questions about the 35% rebate, please leave a comment below. Have a great week everyone!