Good evening everyone, I was just looking through my recent American Express Platinum Charge Card statement when I saw major changes to the Membership Reward Program. Effective October 1, the transfer rate to British Airways and Iberia will change from 1,000 Membership Reward Points = 1,000 British Airways / Iberia Avios to 250 Membership Reward Points = 200 British Airways / Iberia Avios. This is terrible news since British Airways is arguably one of the best transfer partners for Membership Reward Points.
