The American Express Platinum Charles Schwab cash out option to invest with rewards rate has been reduced to 1.10. It’s now only a 10% boost compared to a 25% boost.
This is Scheduled to take affect September 1st and everyone will get the notice on there July Statement.
The information has been confirmed via Chat with American Express.
Here is a DoC article: https://www.doctorofcredit.com/rumor-american-express-charles-schwab-cashout-option-reduced-to-1-10%C2%A2-on-september-1-2021/
h/t JC1812
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