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Currently, there are two Amex Offers to provide statement credits for hotel bookings made through HotelStorm.com/Amex. The offers are very similar, one is targeted towards The Business Platinum® Card from American Express, the other offer is targeted at The Platinum Card® from American Express. Both offers have almost identical terms and conditions, with the business card offering a $50 statement credit for purchases over $200, while the personal card offers a statement credit of $75 for purchases over $300. Both offers are valid until March 12, 2017.
Multiple Use Credits
What makes these deals interesting are the terms and conditions as they are almost identical for both. Both offers state that the offer can be used every time you make a purchase of qualifying value.
The key here is the wording “each time”, which means you can benefit from the offer several times. This opens up various opportunities to maximize your benefit and earn several statement credits for the same stay. Here are the terms of the business card offer:
Get a $50 statement credit each time you use your enrolled Card to make a single purchase of $200 or more online at hotelstorm.com/amex by 3/12/2017. See terms for exclusions.
Valid online only at www.hotelstorm.com/amex or by phone. Offer is non-transferable. Must add offer to Card and use same Card to redeem. Statement credit will appear on your billing statement within 90 days after 3/12/2017, provided that American Express receives information from the merchant about your qualifying purchase. Note that American Express may not receive information about your qualifying purchase from merchant until all items from your qualifying purchase have been provided/shipped by merchant. Statement credit may be reversed if qualifying purchase is returned/cancelled. If American Express does not receive information that identifies your transaction as qualifying for the offer, you will not receive the statement credit. For example, your transaction will not qualify if it is not made directly with the merchant. In addition, in most cases, you may not receive the statement credit if your transaction is made with an electronic wallet or through a third party or if the merchant uses a mobile or wireless card reader to process it. By adding an offer to a Card, you agree that American Express may send you communications about the offer. POID: CEM2:0001
Maximize Your Credit
To maximize your benefit and get as many statement credits for stays from now until March 12, 2017, it is quite straightforward. All you need to do is break up your reservations into blocks pricing at $300 or $200 depending on which card you use. Imagine that you are spending five nights at a hotel priced at $200 per night while using your Business Platinum Card card. If you make one reservation, it will cost you $1,000, and you will receive a $50 statement credit. On the other hand, if you make five separate reservations for each consecutive night, the cost will remain $1,000 however, you should pick up $250 in statement credits since they constitute five different purchases of $200.
There are two potential issues with using the offer this way. First, you may need to check in and check out every day from the hotel you are staying at. This seems very unlikely though since the hotel should be able to work around this quite easily.
The second potential problem is that HotelStorm.com is owned by Rocket Travel, which is also the parent company of Rocket Miles. In the past, there have been similar statement credit offers from Rocket Miles, but they typically limited the statement credit to one only per offer period. This opens the door to the new terms which imply multiple-use being an oversight on the part of the company, something which they would correct quickly. On the other hand, this offer is targeted towards Amex premium cardholders, so it is entirely possible that Amex will stick to the T&C’s since it affects some of its most lucrative and high-end cards.
Offers like these are a great option for anyone who collects points and miles. Although the offer was probably designed with a different vision, it appears as though it can inadvertently be used to generate some great value. One thing you need to consider is that by booking through HotelStorm.com, which is a third party booking portal, you will not be able to earn any points with hotel loyalty programs. So, it is probably best used for niche bookings at locations where there are no major hotel chains. It will be interesting to see how long the terms and conditions remain the same if people start to make multiple purchases to game the offer!
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