Unlock Hotel Statement Credits Before Year-End

For those with premium credit cards like American Express Platinum Card and The Business Platinum Card from American Express, there's a valuable benefit to be utilized before year-end. Statement credits for hotel bookings can be used now, even if the trip itself is in the future.

The key is to book a prepaid stay through the right portal, such as Fine Hotels + Resorts or The Hotel Collection, and pay with the eligible card. This triggers the credit to apply, not based on travel dates but when the charge posts. For example, booking a room today for next summer can still get you the credit now.

Cardholders should focus on using these credits before December 31, as they evaporate at year-end. The American Express Platinum Card and Business Platinum Card offer up to $600 in hotel statement credits per calendar year, split into two semi-annual increments of $300 each.