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Amex might add these new benefits to the Platinum card

(Photo by Ryan Patterson for The Points Guy) One of the most popular requests we saw was for a better redemption rate for paid travel through Amex Travel. The Amex Platinum’s biggest competitor the Chase Sapphire Reserve®  lets cardmembers redeem Chase Ultimate Rewards points through the Chase Ultimate Rewards Travel Portal at 1.5 cents per point. This means that a $100 flight or hotel stay costs just 6,667 points, which is a pretty solid deal if there’s no award space available. On the other hand, Amex cardholders can only redeem Membership Rewards points through Amex Travel at a set rate of 1 cent apiece. This is half TPG’s valuation of Membership Rewards points, so we typically don’t recommend using your points to book paid travel through the portal.

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