The Basics of American Express Membership Rewards

We began this series with an introduction to the three types of credit card reward programs frequented by travelers: transferable point cards, airline- and hotel-branded cards, and fixed point value cards. Next we'll dive a little deeper into the first type, transferable point cards. There are five major types of transferable points:

American Express Membership RewardsChase Ultimate RewardsCiti ThankYou PointsCapital One Venture MilesMarriott Bonvoy

The subject of today's article is American Express and its travel reward program known as Membership Rewards.

Credit Card Reward Programs for Travelers: An Introduction

In the coming weeks we’ll be looking at different types of credit cards and their reward programs, with an aim to introduce you to those frequently used by travelers. Such a topic can be divided into three categories: transferable programs, airline and hotel branded cards, and fixed point value cards.

Amex Extends Minimum Spending Requirement Window for Bonuses to Six Months

In response to the economic downturn, American Express is now allowing six months instead of the usual three months to meet minimum spending requirements for sign up bonuses on their credit cards.

The following are Amex's words:

"Due to the impact of COVID-19, for eligible Card accounts approved from December 1, 2019 through May 31, 2020 for which you are eligible for a welcome offer, the period to make eligible purchases to earn your welcome bonus will be extended for an additional 3 months. Eligible Cards are U.S.

Amex Green: 3x Membership Rewards on Travel & Dining

Amex recently launched the new American Express Green Card, positioning the product as a lucrative travel rewards card that accrues Amex Membership Reward points.

The American Express Green Card adds to the stable of Amex personal credit cards such as the Platinum Card from American Express and the American Express Gold Card. Specifically, the Amex Green appeals as a good travel card for its category bonuses in travel and dining expenditure worldwide.

100k & 125K Targeted Bonuses for Amex Platinum

There is a targeted offer available through creditcards.com’s CardMatch Tool for 100,000 Membership Rewards for spending $5,000 on your new Platinum within three months of account opening. This 100k offer resurfaces periodically. It is worth checking again if you weren’t targeted the last time as they target different rounds of customers each time.

Even more exciting is word of a new, bigger targeted sign up bonus of 125,000 Membership Rewards for spending $5,000 within three months on the Amex Platinum.

Amex Cardholders Get Up to $50 Off Amazon Order

Amazon is offering 20% off purchases sold by Amazon, in addition to various gift cards not sold by Amazon, for those that apply at least 1 Membership Rewards point to their order and pay with the Amex card that earned it. The maximum discount is $50 on a $250 order. Note that while widely available, it does appear that this is a targeted offer.

Get the Most Out of Your American Express Platinum Card

Note from Sarah Page: I am updating this post in light of the fact that the CardMatch tool is offering 100,000 Membership Reward bonus points for the Amex Platinum Card. Missed that news? Check here to see if you're targeted. No hard credit pull will take place and your credit score will not be affected. 

The Platinum Card from American Express comes with an annual fee of $550.

Choose Designated Airline for Amex Platinum by Today

I'm bumping this up to the top of the blog roll as a reminder to make a change by TODAY.

What to Do With Leftover Points When Closing a Platinum Card

This week I helped my dad decide what to do with his Platinum Card from American Express.

Locking in the Business Platinum at $450 for 2019 (+ beginning of 2020)

The Business Platinum from American Express' benefits package will undergo some large changes come February of 2019, at the expense of an increased annual fee that will jump from $450 a year to $595 a year. For the extra $145, cardholders will get:

A year of complimentary Platinum Global Access at WeWork, a large co-working space chain with locations all over the world. Amex states that the value of this membership is $2,700.