Amex Platinum adds Airbnb credits, tweaks hotel credit

Key Points:

• American Express is expanding its Platinum and Business Platinum Card benefits by adding over 1 million Airbnb listings to its travel booking platform and including Airbnb Luxe stays in the up to $600 annual lodging statement credit.
• Cardmembers can now earn 5 Membership Rewards points per dollar spent on prepaid Airbnb bookings through Amex Travel, including Airbnb Luxe properties, representing a 10% return based on current point valuations.
• The $600 lodging statement credit is split into two $300 biannual credits and can now be used for two-night minimum stays at Airbnb Luxe properties booked via Amex Travel, alongside Fine Hotels + Resorts and The Hotel Collection bookings.
• A new up to $250 annual statement credit for eligible Airbnb Experiences is introduced, unlockable after booking a prepaid Airbnb Luxe stay, and usable on a wide range of activities with no minimum spend requirement.
• Starting January 1, 2027, all lodging statement credit redemptions will require a minimum two-night stay across all booking options, ending the ability to use the credit for one-night Fine Hotels + Resorts stays, which may affect cardholders' redemption strategies.