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Just got upgraded on my 4hr flight. Feels good 🤓
Come thru with that .0000009% conversion rate

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Will be using mine again at NoMad in Las Vegas in October. Rate was like $160 so even with taxes and fees it's like $20 out of pocket and comes with all the perks. Did it last year too and it was phenomenal.
To be clear, it's a $200 credit at the hotels Amex defines as its Fine Hotels and Resorts collection, not a credit toward any hotel. I point that out because it's different from what CSR offers with its $300 travel credit, for instance.
Pro
Crockfords in Las Vegas. Rooms usually run from $120-$400.
If you enroll in Hilton Honors Gold through Plat and put two people on the res, you'll get:
$125 F&B credits/stay
$33x2 FHR breakfast credit (the kitchen only)/night
$25x2 Hilton Honors breakfast credit (dawg house only)/night
2 glasses of champagne/stay
"Discounted" resort fee for about $40
Booked the lowest two queen and got upgraded to a really nice suite a few weeks ago