In this episode of Quick Hits, DeAndre Coke unpacks the latest developments in the points and miles space—from sweepstakes to shocking benefit changes. He highlights a massive 1 million-mile Capital One sweepstakes in partnership with The Points Guy, as well as a record-high 175,000-point welcome offer from American Express. DeAndre also explains how it looks like ZilMoney is back with the ability to process credit cards for payroll, after a long awaited hiatus.

But it’s not all good news: DeAndre breaks down the loss of the 35% rebate on the Amex Business Platinum and previews a major overhaul coming to Amex cards this fall. He also outlines current transfer bonuses between programs, such as Amex-Hilton, Chase-Marriott, and Avios, and provides practical advice on when these transfers make sense. It’s a fast, insightful roundup of what’s happening now in the rewards world—and what savvy travelers should watch out for next.

Learn more about how processing a credit card for payroll works here

Key takeaways: 

• Capital One Sweepstakes: The Points Guy is giving away 1 million Capital One miles to one lucky winner.
• Historic Amex Offer: Amex Personal Platinum is offering a record-high 175,000-point welcome bonus.
• Business Platinum Downgrade: Starting September 18, the 35% Pay with Points rebate will be limited to your selected U.S. airline.
• Amex Card Refresh Coming: A major overhaul for Platinum and Business Platinum cards is expected this fall, likely including higher annual fees.
• Transfer Bonus – Amex to Hilton: Up to 25% bonus on transfers, boosting the typical 1:2 ratio to 1:2.5.
• No Hard Pull on Amex Apps: You can view approval status and bonus offers without triggering a hard credit pull.
• More Amex Changes Coming: Expect more statement credits, added complexity, and potential card design updates.