The Amex Business Platinum Card® from American Express has long been a favorite among business owners due to its generous statement credits and perks. However, recent changes announced by American Express have put a damper on the card’s value. As of December 31, 2024, three statement credits will no longer be available, leaving cardholders scrambling to use them before they expire.
The three statement credits affected are the $400 Dell statement credit, the $360 Indeed credit, and the $150 Adobe credit. These credits have been a valuable tool for business owners to offset costs and enhance their overall card benefits. However, American Express has now added an expiration date to these credits, raising concerns among cardholders.
According to American Express, the addition of the expiration date is due to the uncertainty of whether these statement credits will be available after December 31, 2024. The company continually evaluates its offerings and wants to ensure that cardholders receive significant, well-rounded value from the Business Platinum Card. If any changes are made to these benefits, cardholders will be notified in advance.
While it remains uncertain whether these statement credits will be provided beyond the expiration date, it is advisable for cardholders to utilize them to their fullest value before the end of the year. The Dell credit, in particular, is the easiest to use and can be applied towards the purchase of a new computer or other hardware. With a value of $400, it covers over half of the card’s annual fee.
The Indeed and Adobe statement credits may be more challenging to use for some cardholders. However, it is still recommended to make use of them before they potentially change or expire. By maximizing the benefits of these statement credits, cardholders can ensure they receive the maximum value from their Amex Business Platinum Card.
In conclusion, the recent announcement by American Express regarding the expiration of three statement credits on the Amex Business Platinum Card has caused concern among cardholders. While it remains uncertain whether these credits will be available beyond December 31, 2024, it is advisable for cardholders to utilize them to their fullest value before they potentially change or expire. By taking advantage of these statement credits, business owners can make the most of their Amex Business Platinum Card benefits.