American Express(US:AXP) Yahoo Finance·2025-06-04 16:15Core Points - The American Express Business Platinum Card offers a limited-time promotion of 150,000 Membership Rewards points and a $500 statement credit, contingent on meeting specific spending requirements [2][4][10] - The offer is valid until June 30, 2025, and requires spending $20,000 on eligible purchases within the first three months to earn the points, along with an additional $2,500 on qualifying flights to receive the statement credit [2][10] - The total value of the offer can exceed $2,000, especially when transferring points to travel partners, which can yield significantly higher redemption values [3][7][6] Offer Breakdown - The offer consists of two tiers: earning 150,000 points and a $500 statement credit, which can be maximized by incorporating flight bookings into the spending requirement [4][5] - If only the points are earned, the offer retains value, but the statement credit alone diminishes its overall worth [5][6] - The value of 150,000 points can vary widely based on redemption options, with potential values reaching over $2,600 for premium flight bookings [6][12][15] Redemption Options - Transferring points to travel partners can yield substantial value, with examples showing that 150,000 points can be worth over $1,500 when used for premium flights [7][12][15] - Specific examples include booking a business class flight to Frankfurt for 81,000 miles, valued at over $2,600, and a flight to Paris for 60,000 miles, worth over $3,000 [12][15] - Economy flights can also provide significant value, allowing for multiple bookings with the available points [18] Annual Fee Consideration - The American Express Business Platinum Card has a $695 annual fee, necessitating that cardholders derive sufficient value from the card's benefits to justify the cost [20] - Benefits such as airport lounge access, statement credits for Hilton and airline fees, and potential rewards from business spending can help offset the annual fee [20][23]