Not exact matches
The card
earns Membership Rewards
points, the
currency in Amex's loyalty program, which can be exchanged for statement credits or cash back, used to book travel through Amex's travel website, or, to get the most value, transferred to any of 17 airline and three hotel transfer partners (
transferable points are among the best).
There are a few reasons, including travel and purchase protections and other perks, but from a rewards perspective, Chase's cards are particularly valuable because of the type of rewards
currency they
earn:
transferable points.
The combined benefits of these cards provide just about everything a travel hacker could want in their credit card portfolio — high
points earning rates on everyday spend, a valuable
transferable points currency, and a wide variety of luxury travel benefits and purchase protections.
I'd rather store them elsewhere where I can get better value on my redemptions — or even
earn points with a
transferable currency like Citi, Chase, or American Express» reward programs, so I can transfer them to any carrier where I can get a fantastic first or business class award.
Recently I've taken a look at look the transfer partners of the four major
transferable loyalty
currencies — Chase Ultimate Rewards, Citi ThankYou, American Express Membership Rewards and Starwood's Starpoints and, as a follow up to those articles, I'm now taking a look at the best ways to
earn the four
transferable loyalty
currencies and hopefully giving you some idea of what you can do to
earn more
points and to boost your balances quickly and / or frequently.
Most importantly, all the credit cards I've listed above
earn transferable currencies (they can be moved to a number of other loyalty programs) while the
points earned thought the Marriott Rewards credit card are really only of any use at Marriott properties....
The ability to
earn a fixed two
points per dollar in a valuable
transferable rewards
currency is unique in the rewards credit card industry.