Amex Platinum Travel kills Flipkart redemption, devalues Taj by 20%
From 1 April 2025, Flipkart vanishes from the Platinum Travel Collection entirely, and Taj vouchers cost roughly 20% more — ₹5,000 now runs 12,500 MR points, ₹10,000 runs 25,000.
No April Fools here. From 1 April 2025, Flipkart disappeared entirely as a Platinum Travel Collection redemption option — not devalued, not capped, gone. For years it was the everyday-liquid exit that made the card’s milestone points feel like real money.
The Taj vouchers that survived got pricier: a ₹5,000 voucher now costs 12,500 MR points and a ₹10,000 voucher costs 25,000 — both roughly 20% worse than before.
Amex did add two new options, The Postcard Hotel and Air India vouchers. Fine additions on paper, but neither comes close to Flipkart’s spend-it-anywhere liquidity, and pointing at new hotel vouchers while deleting the liquid option is a trade nobody asked for.
Our take: call it what it is — a major devaluation dressed as a refresh. And note the pattern: this was the first of two Platinum Travel hits inside twelve months, with the milestone restructure following in March 2026. When an issuer nerfs the same card twice in a year, the direction of travel isn’t subtle.