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Further devaluation of american express points with business platinum card

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grego44

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Nov 24, 2012
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Today I checked my points balance on Amex Business Platinum Card to transfer to Cathay Pacific and it would appear that while last week with all transfer partners points were transferred at a rate of 1:1.This week the transfer rate for all partners other than Emirates (4:3) is now 3:2 ie a devaluation of 33% in one hit without warning...time to ditch it.This is after previous devaluation 6 months ago.
 

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Foreigner

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Mar 29, 2006
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Not good news...will check if that's same for membership points across all Amex cards.
 

beardoc

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Jul 13, 2005
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Qantas
Platinum
My MR Ascent Account is still showing 1:1 transfers in my account. Hope it stays that way.
 

JohnK

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Mar 22, 2005
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That's a serious devaluation.

You would think they would do the decent thing and give enough notice. But then again....
 

ninja-tim

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Mar 1, 2013
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I thought Business Ascent (Business plat card) is 3:2, whilst the Ascent (companion business plat card) is 1:1?
That's how it is for me.
 
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