Membership Rewards may be redeemed in various ways, resulting in a different value for the points earned. You might, for instance, possibly quadruple their worth by converting them into Hilton Honors reward points rather than using them to purchase at Yeti, and these are just two of the hundreds of alternatives available to you. When redeeming your Membership Rewards points, you have a variety of alternatives to choose from; however, the value you get for each point differs based on how you choose to spend them. You may also use an American Express Membership Rewards tool to search out the values for various selections depending on your card. This can be done by clicking here. Here are several methods to make amends:
Book travel via the AmEx portal or Expedia
You may book travel directly via American Express using your Membership Rewards points by going to the AmEx Travel website. Here, you can select flights, hotels, and holiday packages. In addition, you may make reservations directly via Expedia by using your points while checking out. In each scenario, the value of a single point falls between 0.7 and 1 cent, depending on the situation.
Transfer Points To Travel Partners
You can transfer your points straight to the loyalty networks of AmEx's many transfer partners, which is more than any other major U.S. credit card loyalty program offers. When you transfer 1,000 points from Membership Rewards to a partner program, you will get equal points from the partner program. The transfer rate varies depending on the partner, but in most situations, it is 1-to-1. One thing to remember is that a cost of 0.06 cents per point must be paid when transferring Membership Rewards points to airlines in the United States. This price may go up to a maximum of $99. This equates to a cost of sixty cents to transfer one thousand points.
Full List Of Membership Rewards Transfer Partners
However, according to estimates provided by NerdWallet, the total worth of the transfer is equivalent to 2 cents per point. The value you get for each point varies depending on which program you move to and how you redeem the points within that program.
Use Points To Upgrade Your Seat.
You may bid with your Membership Rewards points to upgrade your ticket on more than 20 partner airlines by using the Upgrade with Points function, which is accessible via the Membership Rewards site. This is a practical alternative to consider when you anticipate being confined on a prolonged journey. However, you should be aware that the worth of your points may decrease as the amount you are willing to offer increases. There is a minimum value of one cent associated with each Membership Reward point, regardless of how you choose to redeem them. It is possible that this is not the most effective use of your rewards if the amount you bid does not correspond to what you win.
Cover Your Card Charges
You may effectively get cash back by redeeming your Membership Rewards points for a statement credit. This is one of the options available to you. A point's value is typically equivalent to 0.6 cents when used in this manner.
Shop With Points Via The American Express Site
Cardholders are eligible for discounts and may use points to spend at various businesses, ranging from Sephora to Tumi. The value of points varies from store to store. At Yeti, for instance, each point is equivalent to half a penny. Cardholders also have the option to shop for one-of-a-kind experiences, such as receiving VIP treatment at New York's Met Museum. This experience, valued at $300, can be purchased for 60,000 points or 0.5 cents.
Use Points Toward Online
You may use the points you've accumulated by shopping online at participating stores, such as Walmart and Amazon, to pay for your purchases. A point is normally worth 0.7 cents when used in this manner, but there is some room for variation.
Redeem For Gift Cards
Through the American Express website, you may exchange your points for gift cards at various merchants, including iTunes and Home Depot. The value of one point varies depending on the retailer. Purchasing a $25 gift card at Target requires 3,572 points, which gives each point an approximate value of 0.7 cents. There are 25,000 points required to purchase a gift card for $250 at Tiffany. Therefore each point is equivalent to one penny.
Donate To Charity
You may make a gift using points after choosing a charity on the JustGiving website and clicking. A point may often be redeemed for 0.07 cents when put to use in this manner.
