Amex Platinum FHR Credit
There are some things that we know about the upcoming Amex Platinum and Amex Business Platinum changes, and many things that we still don't know. It is believed that the annual fee will be going up to $895 on both cards because of some links that were showing that pricing. We also know that the Business Platinum 35% rebate will be devalued come mid September. I am really sad about that because the perk came in mighty clutch for us recently. Outside of that, we still didn't know what else was coming in terms of perks. Did that change a little bit today though? It looks like they may have tipped their hand when it comes to the Amex Platinum FHR credit at least.
What Happened?
Earlier today reddit user OneCasualBrowser (great name in this instance) noticed some updated terms on one of the Amex FHR pages. It was confirmed by a few different reddit users and then Danny the Deal Guru was able to capture the terms before they vanished. If you go to that landing page now it has been completely wiped of these Amex Platinum FHR credit changes. That leads me to believe that this was released early in error, and that they scrambled to take it down. I also imagine there will be more changes coming to the Platinum card lineup. At least I hope there will be, because this is just more of the same for a higher fee.
Amex Platinum FHR Terms
Here is what was showing as new Amex Platinum FHR credit terms (breaking down into paragraphs was my doing):
$600 Hotel Credit
Basic Card Members on U.S. Consumer Platinum Card Account are eligible to receive up to $300 in statement credits semi-annually (January to June, and July to December) for up to a total of $600 per calendar year, when they or Additional Platinum Card Members use their Cards to pay for eligible prepaid Fine Hotels + Resorts® and The Hotel Collection bookings made through American Express Travel (meaning through amextravel.com, the Amex Travel™ App, the Amex® App, or by calling the phone number on the back of your eligible Card) or when Companion Platinum Card Members on such Platinum Card Accounts pay for eligible prepaid bookings for The Hotel Collection made through American Express Travel (meaning through amextravel.com, the Amex Travel™ App, the Amex® App, or by calling the phone number on the back of your eligible Card). Purchases by both the Basic Card Member and any Additional Card Members on the Card Account are eligible for statement credits. However, the total amount of statement credits for eligible purchases will not exceed $600 per calendar year, per Card Account.
Fine Hotels + Resorts® program bookings may be made only by eligible U.S. Consumer Basic Platinum and Additional Platinum Card Members. The Hotel Collection bookings may be made by eligible U.S. Consumer Basic and Additional Platinum Card Members and Companion Platinum Card Members on the Platinum Card Account. Delta SkyMiles® Platinum Card Members are not eligible for the benefit.
To receive the statement credits, an eligible Card Member must make a new prepaid booking (referred to as “Pay Now” on amextravel.com, the Amex Travel™ App, and the Amex App) using their eligible Card through American Express Travel for a qualifying stay at an available, participating Fine Hotels + Resorts or The Hotel Collection property. Bookings of The Hotel Collection require a minimum stay of two consecutive nights. Eligible bookings do not include interest charges, cancellation fees, property fees or other similar fees, or any charges by a property to you (whether for your booking, your stay or otherwise). Statement credits are typically received within a few days, however it may take 90 days after an eligible prepaid hotel booking is charged to the Card Account. Eligible bookings must be processed before June 30th, 11:59PM Central Time, to be eligible for statement credits within the January to June benefit period, and December 31st, 11:59PM Central Time to be eligible for statement credits within the July to December benefit period.
American Express relies on the merchant’s processing of transactions to determine the transaction date. If there is a delay in the merchant submitting the transaction to us or if the merchant uses another date as the transaction date then your purchase may not earn the statement credit benefit for the benefit period in which you made the purchase. For example, if an eligible purchase is made on December 31st but the merchant processes the transaction such that it is identified to us as occurring on January 1st, then the statement credit available in the next calendar year benefit period will be applied, if available. If you have transferred to a different Card at the time the merchant submits the transaction, you may not receive the statement credit. Statement credit(s) may not be received or may be reversed if the booking is refunded, cancelled, or modified. If the Card Account is cancelled or past due, it may not qualify to receive a statement credit. If American Express does not receive information that identifies your transaction as eligible, you will not receive the statement credits.
For example, your transaction will not be eligible if it is a booking: (i) made with a property not included in the Fine Hotels + Resorts or The Hotel Collection programs, (ii) not made through American Express Travel, or (iii) not made with an eligible Card. Participating properties and their availability are subject to change.
If American Express, in its sole discretion, determines that you have engaged in or intend to engage in any manner of abuse, misuse, or gaming in connection with this benefit, American Express will not have an obligation to provide and may reverse any statement credits provided to you. If a charge for an eligible purchase is included in a Pay Over Time balance on your Card Account, the statement credit associated with that charge may not be applied to that Pay Over Time balance. Instead, the statement credit may be applied to your Pay In Full balance. Please refer to AmericanExpress.com/FHR and AmericanExpress.com/HC for more information about Fine Hotels + Resorts and The Hotel Collection, respectively.
Terms For The Business Platinum
Here is what the important part of the terms said for the Business Platinum FHR credit:
Basic Card Members on U.S. Business Platinum Card Accounts (“Card Account”) are eligible to receive up to $600 in statement credits per calendar year when they or eligible Employee Card Members on the Card Account use their Cards to pay for eligible prepaid Fine Hotels + Resorts® and The Hotel Collection bookings made through American Express Travel (meaning through amextravel.com, the Amex Travel App™, the Amex® App, or by calling the phone number on the back of their eligible Card). Purchases by both the Basic Card Member and any Employee Card Members on the Card Account are eligible for statement credits. The total amount of statement credits for eligible purchases will not exceed $300 semi-annually for a total of up to $600 per calendar year in statement credits across all Cards on the Card Account. Each semi-annual eligibility period is defined as January to June and July to December. Starting on September 18, 2025, customers will have $300 available for use, expiring on December 31, 2025. Fine Hotels + Resorts® program bookings may be made only by eligible U.S. Business Basic and Employee Business Platinum Card Members…
Amex Platinum FHR Credit: ToP Thoughts
I am not surprised to see a potential increase of the Amex Platinum FHR credit. American Express has always loved to give more of the same for a higher annual fee in the past, so this fits. It is nice to see it potentially be coming to the Business Platinum too though. Currently it is a perk of just the personal card at $200 per year. I know that many people struggle to use this perk at times, and making it $300 every 6 months is just going to cause more breakage, not less. Luckily, we were able to use ours on a Universal hotel stay that came with some great perks this year. This perk often goes unused in this household though, and giving me more of something kind of worthless doesn't excite me much.
