I have over 200k Amex reward points. What's the best way to redeem to get maximum value?
What's the best way to use Amex Rewards Points?
Comments
convert to qantas ff?
Before COVID I actually converted all mine to virgin points, still got a huge chunk of virgin points but then they had that big collapse some years back too and lost some value…
I don’t believe I have the option to convert mine to qantas…
i have the qantas amex. Maybe that's why.
But annual fee is making it a waste since I can't travel last few years.
My Amex had an offer last year you could use travel credit at Harvey norman. Felt very dirty doing it, but not as dirty as wasting travel credit like I did in 2020.
Keep them.. They aren't expiring.. Unless you want to close the card?
You need 232k for a one way trip to anywhere in Europe in business class from Aus. However with 100k you can almost take two people to anywhere in the south Pacific (nz, Fiji etc) in business return! (you need 224k amex). That would probably give you the most useable bang for your buck. Easily worth more than $1000 in gift card redemptions or credits
Flights if you can use them.
I won’t be flying for at least another 5 years I’d say so just using points to pay.