American Express Singapore has announced a significant devaluation to the Membership Rewards programme effective 23 February 2026. Transfers to major airline partners like Singapore Airlines and Cathay Pacific will require 25% more points, while transfers to Emirates will require 50% more. A temporary foreign currency spending bonus for Platinum Card members has also been announced.

American Express has unveiled its 2026 roadmap for The Platinum Card, signaling a major shift from statement credits to curated experiences. Effective 2026, the Local Dining, Entertainment, and Fashion credits will cease. In their place, Card Members will receive a complimentary Table for Two dining experience every two months, plus a refreshed S$400 Platinum Wine Credit.

American Express has finally revealed information on The Platinum Card’s new statement credit offers which replaced the previous S$800 travel credits.

A brand new Members-only lounge for American Express Platinum members in Raffles City Shopping Centre - bookings required.

American Express will replace the S$800 annual travel credit with up to S$1,200 worth of statement credits for Platinum Members in 2023 - existing Platinum Members with renewal before January 2023 will benefit from both.

Two new spots to enjoy a complimentary beverage at with your Platinum charge and credit cards from American Express in Singapore.

The deal is back - get up to S$455 in statement credits when you spend across participating hotels in Singapore. Find out how to double- and triple-dip on offers in this article for even great value!

Save up to 25% off dining and earn up to 7.81 miles per dollar with The American Express Platinum Card across participating outlets at PARKROYAL COLLECTION properties in Singapore!