Breaking Points: Credit Card News

American Express is removing its semi-annual $50 Saks credit from the Platinum Card on July 1, 2026. Cardholders can still use the first-half credit before that date. Given Saks’ ongoing financial issues, it may be worth using this benefit sooner rather than later due to limited inventory and potential shipping delays.

Choice Privileges is offering a 100% transfer bonus to Air France–KLM Flying Blue. The standard transfer ratio is 5:1, so with the bonus, you’ll receive 400 Flying Blue miles for every 1,000 Choice Privileges points transferred. A minimum transfer of 5,000 points is required. Offer expires April 24, 2026.

Choice Privileges is offering up to a 35% bonus on purchased points through April 28, 2026. You can buy points for as low as 0.76¢ each, with a 30% bonus on purchases of 8,000 to 17,000 points and 35% on purchases of 18,000 points or more. We value Choice points at 0.70¢ each, so this isn’t a particularly strong deal, but it could make sense if you have a specific redemption in mind that exceeds that value.

Flying Blue has increased taxes and surcharges on award flights operated by Air France and KLM. These fees were already high on routes to and from Europe and have now risen by about $60 round trip in economy and roughly $200 in business class. You can now expect to pay close to $1,000 in surcharges for a round trip business class award to Europe. If you can find availability on Delta-operated flights through Flying Blue, taxes are much lower, starting at $33.50 one way in economy. Japan Airlines is another partner option with similar award pricing and very low surcharges, though business class availability is scarce. Economy options are much easier to find.

Bilt’s April 2026 Rent Day promotion includes a transfer bonus to Wyndham Rewards. Platinum members receive a 100% bonus, Gold 75%, Silver 50%, and Blue 25%, with the option to boost the bonus by an additional 25% by redeeming $125 in Bilt Cash. The offer is valid only on April 1, 2026. While Wyndham has some sweet spots, we don’t view this as a particularly strong use of Bilt points, especially with better transfer partners available and Wyndham currently selling points for 0.65¢ each.