# Amex Platinum Travel Rewards Slashed: Big Devaluation From March 2026

> If the Amex Platinum Travel card is your go-to for free vacations, here is something important to know. From 9 March 2026, American Express is changing its reward structure, and users will earn fewer ...

- Source: https://www.creditkeeda.com/news/amex-platinum-travel-devaluation-march-2026
- Publisher: Creditkeeda
- Section: News
- Author: Creditkeeda
- Published: 2026-02-02
- Last updated: 2026-02-02
- Tags: credit-cards, amex, platinum-travel, devaluation

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If the Amex Platinum Travel card is your go-to for free vacations, here is something important to know. From 9 March 2026, American Express is changing its reward structure, and users will earn fewer points at almost every spending level.

Both the ₹1.9 lakh and ₹4 lakh milestones are seeing major cuts, and a new, higher target of ₹7 lakh has been introduced.

### What Is Changing

Earlier, the Platinum Travel card offered strong rewards even for moderate spenders. Users hitting ₹1.9 lakh or ₹4 lakh could earn decent points without stretching their budget.

From March 2026, these milestones will give much lower returns. Most of the meaningful value is now pushed to the ₹7 lakh level.

![](https://res.cloudinary.com/dyougagen/image/upload/v1770189670/creditkeeda-content-images/1770189670135-ahta7yth4.jpg)

### New Reward Structure

| Annual Spend | Current Bonus | New Bonus (After March 9, 2026) |
| --- | --- | --- |
| ₹1.9 lakh | 15,000 points | 7,500 points |
| ₹4.0 lakh | 25,000 points + Taj Voucher | 10,000 points |
| ₹7.0 lakh | NA | 22,500 points + Taj Voucher |

### What This Means for You

First, the ₹1.9 lakh milestone has been cut in half. You now earn only 7,500 points instead of 15,000.

Second, the ₹4 lakh milestone has been reduced even more sharply. If you spend ₹4 lakh after 9 March 2026, you will receive only 10,000 points. The earlier 25,000-point bonus will no longer apply**.**

Third, the Taj voucher is no longer available at ₹4 lakh. You now need to spend ₹7 lakh to unlock it.

Fourth, timing is critical. Only users who complete ₹4 lakh spending on or before 9 March 2026 will receive the old 25,000-point bonus. Any spending after this date will be subject to the new structure**.**

### Final Verdict

The Platinum Travel card is no longer as rewarding for low and mid-level spenders. Whether you spend ₹2 lakh or ₹4 lakh a year, your returns will be much lower after March 2026.

Unless you can comfortably reach ₹7 lakh every year, the card’s value has reduced significantly. Existing users should review their spending plans, and new users should compare other options before applying.