American Express' Plenti Program to Officially End on July 10
Plenti, the coalition loyalty program managed by American Express, is officially ending on July 10, 2018.
In an internal memo, Rite Aid, which is one of the members of Plenti, detailed phasing-out plans for the program's final months. As reported by Doctor of Credit, Rite Aid employees are directed in the memo to not tell customers that the Plenti program is ending until April 16 — almost three months before it's officially a program of the past.
Plenti was launched in 2015 as the first coalition loyalty program in the US, initially with eight members — Exxon, Mobil, AT&T, Macy's, Hulu, Nationwide, Direct Energy and Rite Aid. The program allows allows member to earn and redeem points across all member programs.
The program never truly reached the level of success that American Express had originally planned. In recent months, there have been many signs that the program was fading out of existence, including in December 2017, when Amex officially removed Plenti as a Membership Rewards transfer partner. In addition, Amex discontinued its co-branded credit card, and retailers like Macy's have left the program. All that, combined with the fact that Plenti offered sub-par redemption rates, means this news isn't exactly devastating. Still, RIP Plenti.