One of the most valuable travel perks on the American Express Platinum Card® and The Business Platinum Card® from American Express is the hotel statement credit — a benefit that can make luxury stays far more affordable.

Cardmembers receive up to $600 in hotel statement credits each calendar year (up to $300 biannually) for prepaid bookings with Fine Hotels + Resorts or The Hotel Collection properties through American Express Travel®. (THC requires a minimum two-night stay.)

The Platinum's hotel credit was increased in the card's latest refresh, while the credit was added to the Business Platinum as a new benefit.

A great solo travel tip spotted this week on The Points Guy Articles.

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