Travel

Redemptions with Leading Hotels of the World require taxes and fees - here's how to know how much you need to pay

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American Express has partnered with The Leading Hotels of the World, allowing members to transfer points at a 4:1 ratio, potentially offering some of the best hotel redemption rates. However, redemptions require additional taxes and fees that vary significantly between properties, necessitating careful verification before transferring points. Developers should monitor this partnership for updates on tax implications and benefits for high-tier cardholders.

Read the full article at The Points Guy

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