Further devaluation of american express points with business platinum card

[grego44]

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.

 

[Foreigner]

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

 

[beardoc]

My MR Ascent Account is still showing 1:1 transfers in my account. Hope it stays that way.

 

[JohnK]

That's a serious devaluation.

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

 

[ninja-tim]

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.