AmEx - 30% More Value to Membership Rewards Points When You Use "Cover Charges with Points" (Min 1,000 Points Redemption)

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zzzsianzzz on 22/06/2023 - 00:02 amex.com.au (258 clicks)
Last edited 22/06/2023 - 10:52 by 1 other user

have this email.

1. The value of your Membership Rewards points when you cover eligible charges with points will automatically increase by 30% value for the period of the offer. The offer period is from 20 June to 20 August 2023 inclusive. The minimum redemption requirement is 1,000 points.

Cover charges with points is available only to Primary Card Members enrolled in the Membership Rewards Program and is subject to the full Membership Rewards Terms and Conditions available at https://www.americanexpress.com/en-au/rewards/membership-rew…. Any credit to your Card Account cannot exceed the amount of the relevant Eligible Charges or exceed the current outstanding balance. A credit will appear on your statement as ‘Membership Rewards Credit’. Points will be debited immediately and the credit will take up to 72 hours to appear online. Credits processed after the Card Account’s statement closing date will appear in the following statement. You are still responsible for payment of the amount due on your Card Account by the due date.

American Express will select and display each American Express charge for Cover Charges with points (‘Eligible Charge’) and the points promotional rate required to pay for the Eligible Charge. Each Eligible Charge must: (a) appear within the Online statement of the Summary of Accounts page; or on the American Express Mobile App timeline; (b) be redeemed within 2 months of the charge appearing on your Card Account; (c) not be a pending transaction; (d) not currently or have previously been disputed; and (e) not be a fee. Cover charges with points transactions can only be completed online via your account or through the American Express app. All linked Card Accounts must be in good standing.

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  jv on 22/06/2023 - 00:06

  +1

  Targeted

• 

  fly121121 on 22/06/2023 - 00:08

  Which means 10k points can cover from $50 before to $65 now. Worth it?

  • 

    fozzie on 22/06/2023 - 00:10

    +1

    I did in the past and regretted it, as it’s much better to convert to velocity or KrisFlyer and use for travelling.

    • 

      dtrinh on 22/06/2023 - 00:53

      Out of interest, what would 100k points convert to and what would be needed to fly to Europe for example? Tia

      • 

        fozzie on 22/06/2023 - 07:08

        +1

        Not sure about KrisFlyer but u booked (well in advance) one way Sydney to Rome with velocity for 86.000 approximately a few days before Christmas. That same ticket was at least $1900 if I didn’t have points.

      • 

        abs898 on 22/06/2023 - 07:57

        +1

        About 92k KrisFlyer points one way in economy.
        Not sure if you have 100k on amex MR or kris. If you have 100K in Amex Mr then that's 50k Kris, it won't get you to Europe. India is about 45-48k. Singapore is 30,500

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  s41614419 on 22/06/2023 - 00:10

  -4

  useless offer

  • 

    zzzsianzzz on 22/06/2023 - 00:16

    +5

    what offer have you contributed?

    Member Since
    18/04/2018
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    • 

      hsia on 22/06/2023 - 11:26

      I think he means the offer is not worth, not targeting the poster.

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  Awesomandy on 22/06/2023 - 06:45

  +1

  It’s useless if you fly but if you’re simply grounded for whatever reason, it’s does offer just that little bit of value.

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  salmon123 on 23/06/2023 - 12:58

  Looks decent to me.

  10000 amex points = $65

  I could also convert them to 5000 qantas points, which I can sell for ~1.1-1.3c/point, so I would get $65 at the high end that way too.

  If only it was easier to redeem Qantas points for business class seats. I'd value that at 1.8c/point or more.