Pay-with-Points flights. BUSINESS Centurion 50% refund, Plat 35%, Gold 25% (2015-23)
Got this email today.
We are pleased to announce that, beginning July 1, 2015, you can get 30% Membership Rewards®1 points back when you use the Pay with Points2 feature for all or part of a flight with the airline you select†. There are no blackout dates or seat restrictions, and you can still earn frequent flyer miles when using Membership Rewards points. To take advantage of this benefit, simply choose the airline that's best for you from the eligible options and book your flight using the American Express Travel site or by calling Business Platinum Travel Service.
Look for more information on how to select an airline and full terms and conditions from American Express on July 1, 2015 when this benefit becomes available.
†The selected airline will be applied to both this new benefit and the $200 Airline Fee Credit3 benefit.