If you want to maximize your credit card rewards, I always recommend earning points for every dollar you spend. I wanted to take a detailed look at how to redeem Amex Membership rewards points given how many people earn this currency for their credit card spending
Amex Membership rewards points can be earned with a number of credit cards. You can maximize your rewards with both personal and business cards from American Express.
Amex points can be earned with the following personal cards.
Amex Membership rewards points are earned on the following business cards.
This is where you can read about my credit card strategy.
Amex Membership rewards points are valued at 1.7 cents each based on my methodology. That is how much I value each of the major points currency. I think it is a fair valuation for how much value you can get if you maximize your rewards.
We will talk about how you should redeem points to maximize value after taking a brief look at how you can redeem Amex membership rewards points.
Amex Membership Reward points can be transferred to airlines and hotels. 17 airlines and three hotel groups are included in the below 20 partners that make up the program.
Amex points can be redeemed in many other ways. Amex Membership rewards points can be used in a number of ways.
You won't get more than one percent of value per point with these redemption methods. When it comes to paying for flights, there is an exception.
Transferring your membership rewards points to travel partners will give you the most value. All other options get you at most one cent of value per point and you can hopefully do better than that. Below is a list of the best uses of American Express Membership rewards points.
You will generally get the most value for international flights when you transfer to airline partners. If you are new to redemption, check out my top 10 tips for getting the best value.
Air Canada Aeroplan is one of my favorites. Aeroplan has more airline partners than any other airline loyalty program, and you can add stopovers to awards for 5000 points one-way.
Aeroplan is a great option if you want to redeem on Star Alliance or other airlines. Aeroplan redeems more points for me than any other frequent flyer program.
The only major points currency that partners with ANA is Amex. A round the world business class award (with up to 29,000 miles of travel) for 170,000 miles is one of the amazing redemption opportunities that this Star Alliance carrier has.
There is a huge learning curve to understand this program, so make sure you do your research before you transfer points. There are restrictions on who you can redeem for, big carriers impose surcharges on some partners, and more.
There are a lot of Star Alliance partners. If you want a simple one-way award on a Star Alliance airline, Avianca LifeMiles may be the best option. Fuel surcharges are not included in LifeMiles redemption rates. A business class award from Europe to Southeast Asia will start at 78,000 miles one-way.
You should check in advance if LifeMiles doesn't have the same award space as other programs.
Most of Singapore Airlines' award space is restricted to members of its own KrisFlyer program. It is not likely that Singapore Airlines will be able to get long haul premium cabin awards through other programs.
Singapore Airlines KrisFlyer has a fair redemption rate, good award availability, and limited surcharges. Whether you want to travel on the world's longest flight from New York to Singapore or take one of Singapore Airlines' fifth freedom flights, this could be helpful.
Most tickets with miles can be booked through the Skywards program. If you want to take one of the fifth freedom flights from Newark to Athens or New York to Milan, this could be helpful.
It is possible to redeem miles for the first class of the airline. There is a shower in the sky. If you can find award availability, you can get a first class award between the US and Europe for 85,000 Skywards.
It's difficult to beat Flying Blue if you want to fly across the Atlantic in business class. If you want to travel to Amsterdam and Paris, the two airlines have extensive routes throughout Europe and beyond.
You can expect the awards to start at around 55,000 miles one-way with fuel surcharges. If you book a Flying Blue Promo rewards offer, you can get even better prices.
The British Airways Executive Club is a good frequent flyer program. If you want to redeem points for travel on Alaska or American from or within the United States, Executive Club has a unique distance based award chart. If you want to travel to Hawaii and the Caribbean, you can use avos.
Short haul redemptions in Asia and Australia can be done with avyos. One of the best in the world is the business class of Qatar Airways.
Unlike with Chase UltimateRewards, there is not an efficient way to redeem points for flights. You can redeem points for flights at a rate of around one cent per point, which is not great.
Two exceptions are available.
There are some things to keep an eye out for.
There are some major limitations to this deal, but I think it could be a good deal.
If you feel good about an award redemption, then that should be enough. I aim to get more than one cent of Amex Membership rewards points. The following redemptions should be avoided.
The Platinum Card from American Express and the American Express Gold Card are some of the products that people have.
The best way to use your Amex points is to transfer them to more than one partner. Air Canada Aeroplan and All Nippon Airways Mileage Club are my favorite Amex partners, but I also get a lot of value from other partners.
What is your favorite use of the currency?