The American Express Business Platinum Card currently refunds 50% of your Membership Rewards points when you use their Pay with Points feature. This benefit gives you an effective value of 2 cents per MR point.
Starting June 1, 2017, this refund will be reduced to 35%, reducing the effective value of MR points to 1.538 cents per point. There will also be a new cap of 500,000 points rebated per year. In most cases, MR points will be best used for transfers to airline partners, which is how it was before this benefit was added.
Any flights booked prior to June 1, 2017 will continue to receive the 50% rebate, even if you are flying at a later date.
The amount of time it takes for the rebate to post is also being increased, though we currently don’t know by how much.
New cardholders (including those who have upgraded from another type of card) who applied between October 6, 2016 and May 31, 2017, will still receive the old benefits (50% rebate, no cap) for one year from the date their cards were issued.
HT: The Points Guy & Doctor of Credit
Chase has increased the signup bonus for the British Airways Visa Signature card. It is now tiered as follows:
- 50,000 Avios after spending $3,000 in the first three months
- 75,000 Avios (i.e. an additional 25,000 Avios) after spending a total of $10,000 in the first year
- 100,000 Avios (i.e. another additional 25,000 Avios) after spending a total of $20,000 in the first year
I’m not terribly excited by this offer due to the very high spend requirement but thought it was worth mentioning.
There is no special link required to sign up — you can just go to the regular landing page.
Via Laptop Travel, Office Depot / Max are offering a promotion for $10 of $50 in Mastercard gift cards.
The way the register works, you can purchase a single $100 (or $200) Mastercard gift card and receive two “$10 off $50” discounts for a total of $20 off. The limit is supposed to be two discounts per household, but you may have luck with the cashier letting you purchase more. If so, they will need to be rung up one at a time for you to receive multiple $20 discounts. The deal is valid through 4/15/17.