American Express operates its own online travel agency through which you can redeem
Membership Rewards points instead of paying cash.
Finally, by collecting
Membership Rewards points instead of cashback, Kim leaves open the possibility of making one of those aspirational redemptions sometime in the future.
Why would you want
Membership Rewards points instead of cash back?
You bought it with
your Membership Reward points instead of with cash.
Not exact matches
Also,
instead of earning Starpoints, you'll earn
Membership Rewards points with the Business Gold
Rewards.
But
instead of Starwood
points, customers will earn
points in American Express» proprietary
Membership Rewards program.
The Blue Cash Everyday ® Card from American Express offers cash back
instead of
Membership Rewards points.
Instead of a U.S. - issued Emirates credit card, you can use
point transfers from American Express
Membership Rewards and Starwood Preferred Guest to build up your Emirates Skywards Miles balance.
This means that for every 1,000
Membership Rewards points you will receive 1,350 Avios (
instead of the usual 1:1 ratio).
The Conventional Wisdomers have
pointed out that if you're earning
Membership Rewards in order to redeem them at 1.43 cents per
point, you're wasting your time because you could easily get a Barclays Arrival + Mastercard
instead and get 2.2 % on all travel redemptions for every single dollar you spend.
However, you only get 2x
Membership Reward points per dollar (
instead of the 5x on regular hotels on amextravel.com).
If you want to earn
Membership Reward points (
instead of cash back): You may want to consider the Premier
Rewards Gold Card, which earns
Membership Rewards points.
Also,
instead of earning Starpoints, you'll earn
Membership Rewards points with the Business Gold
Rewards.
So technically, you can save 19,800
Membership Rewards points by flying United Airlines
instead but that's if you can find available seats.
Do the math, but never ever take less than 2 cents a
point in value, or you'd have been better off earning cash back
instead of
Membership Rewards points.
My advice on this is that until it's proven otherwise, avoid getting an Amex / Aeroplan co-branded card and
instead go for a card like the American Express Gold
Rewards Card, which comes with a great sign up bonus of 30,000 points, or the The American Express Platinum Card with an awesome welcome bonus of 60,000 membership rewards
Rewards Card, which comes with a great sign up bonus of 30,000
points, or the The American Express Platinum Card with an awesome welcome bonus of 60,000
membership rewards rewards points.
So,
instead of netting 1,000 HawaiianMiles for every 1,000
Membership Rewards points transferred, you'd receive 1,250.
That means every 1,000
Membership Rewards points will earn 1,300 Flying Club miles
instead of the normal 1 - to - 1 ratio.
Instead, today we're going to look at Little Plucky's
Membership Rewards argument
point - by -
point and tell him why he's wrong.
Although the sign - up bonus awards you with many
Membership Rewards points, there are many other cards available that offer even bigger sign - up bonuses which can award cash
instead of
points.
The Blue Cash Everyday ® Card from American Express offers cash back
instead of
Membership Rewards points.
The normal transfer ratio is 1:1, so with this bonus,
instead of transferring 1,000
Membership Rewards points to 1,000 Flying Club miles, you'll get 1,350 Flying Club miles
instead, and
points transfer instantly.
This means that
instead of the regular 1:1 transfer ratio, there will be a transfer ratio that gives you 1,300 Virgin Atlantic Flying Club Miles for every 1,000
Membership Reward points you transfer.