AMEX POINTS 101: How To Use Amex Membership Rewards Points (How To Redeem Amex Points For Travel)

American Express Membership Rewards points are some of the best credit card rewards available, but not every redemption option gives the same value. Click “Show More” to see Ad Disclosure. 💳👉VIEW CREDIT CARD OFFERS! https://markscreditcards.com/offers 🛍 RAKUTEN - Earn Cash Back! http://markscreditcards.com/rakuten ‼️ GET FREE STOCKS FROM WEBULL when you open an account & deposit $100: http://markscreditcards.com/webull EARN POINTS 1: AMEX CARDS Personal Cards - Amex Green Card - Amex Gold Card - Amex Platinum Card - Amex Black Card / Amex Centurion Card - Blue from American Express card - Amex EveryDay Credit Card - Amex EveryDay Preferred Credit Card Business Cards - Amex Business Green Rewards Card - Amex Business Gold Card - Amex Business Platinum Card - Amex Business Black Card / Amex Business Centurion Card - Amex Blue Business Plus Credit Card NOTE: The corporate versions of many of these cards also earn Amex Membership Rewards points. EARN POINTS 2: AMEX OFFERS Log into your Amex account and scroll down to the ‘Amex Offers & Benefits’ section. You’ll see offers to add to your Card that may allow you to earn additional points when you use that Card at select merchants. EARN POINTS 3: AMEX REFERRALS Log into your Amex account and scroll down to the link that says ‘Refer Friends. Earn Rewards.’ You can get a unique referral link to earn additional points (up to a specified maximum per year) if the person you refer gets approved for the card. EARN POINTS 4: RAKUTEN Online shopping portal that allow you to earn additional cash back in addition to your credit card rewards. To earn Amex Membership Rewards points instead of cash back, log into your Rakuten account and select ‘Account Settings’ from the main menu. From there, you’ll be able to choose Amex points as your method of payment. HOW TO VIEW YOUR POINTS EARNED 1. Log in 2. Select ‘Rewards’ 3. Click on ‘Points Summary’ 4. View your points dashboard REDEEM AMEX POINTS: 7 METHODS 1. Cash Back (“Cover Your Charges”) 2. Pay With Points 3. Gift Cards 4. Travel (Portal) 5. Travel (Transfer Points) 6. Shop Online 7. Charity NOTE: All redemption methods can be viewed by logging in, selecting ‘Rewards,’ and then navigating among the various tabs. AMEX TRANSFER PARTNERS Aer Lingus Aer Club Aeromexico Air Canada Air France KLM Flying Blue Alitalia Millemiglia ANA Mileage Club Asia Miles Avianca Lifemiles British Airways Delta SkyMiles El Al Israel Airlines Emirates Skywards Etihad Guest Hawaiian Airlines Iberia Plus JetBlue TrueBlue Quantas Frequent Flier Singapore Airlines KrisFlyer Virgin Atlantic Choice Privileges Hilton Honors Marriott Bonvoy WHAT ARE AMEX POINTS WORTH? / VALUE OF AMEX POINTS (as of Feb. 2021) - Travel (Amex Transfer Partners): 2.0¢, avg. | 10,000 points = $200 (avg.) - Charity: 1.0¢ | 10,000 points = $100 - Gift Cards: 0.5¢, 0.7¢, 0.85¢, or 1.0¢ | 10,000 points = $50, $70, $85, or 100 depending on the gift card - Travel (Amex Travel Portal): 0.7¢ or 1.0¢ | 10,000 points = $70 for prepaid hotels, prepaid car rentals, cruises and vacations | 10,000 points = $100 for flights - Cash Back: 0.6¢ | 10,000 points = $60 - Pay With Points: 0.5¢ or 0.7¢ | 10,000 points = $50 via Ticketmaster | 10,000 points = $700 most other options | 10,000 points = $100 for NYC taxis - Shop Online: 0.5¢ | 10,000 points = $50 HOW TO GET THE MOST VALUE OUT OF AMEX POINTS 1. Travel: International Flights … transfer points (2.0¢, avg.) | Domestic / Other Flights … use portal (1.0¢) 2. Gift Cards & Charity: Choose options that give $100 for every 10,000 points (1.0¢) 3. Cash Back: Only if you have Schwab Platinum Card (1.25¢), otherwise ignore this option. Q&A Can I combine points from multiple cards? Yes. Points from all cards that earn Membership Rewards points will automatically be pooled together into one account balance. This includes Personal Cards and Business Cards. Do Amex points expire? Points DO NOT expire, but they CAN be forfeited. You must have at least 1 active card that earns Membership Rewards points to maintain points. Can I transfer airline miles or hotel points into Amex points? No. Transferring points to airlines / hotels are 1 way. FROM Amex TO airlines & hotels = YES FROM airlines & hotels TO Amex = NO Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor. #americanexpress #membershiprewards #amex