Update 2025-01-03. This worked again this year. I repeated the same thing again as I did below. Amex just emailed me and let me know I’ll be getting a $50 credit.
Originally posted 2024-12-14:
So yesterday I learned from a Profitable Content article that Amex is now giving Amex Business Platinum (ABP) credit card holders a lovely $50 quarterly statement credit on Hilton purchases. (This now makes the ABP truly a free card to have from a frugal minded non-traveler perspective.)
I immediately wondered if I could somehow buy a gift card with it the $50 credit and asked a friend about it on discord. He said he had already very recently done this, purchasing a $50 Hilton gift card with his ABP just the other day.