Let’s learn about how to use American express points:
It’s probably the most fantastic rewards program you’ve ever had. Points can be redeemed in airline miles, offers, gift cards, vouchers and even on TV. You can use the points yourself and they can also be transferred to someone else. When you transfer American express points to someone else, it cannot be reused for Rewards again.
The best usage of AMEX points has been to simply maximize your profit with a good cent per point. If you have more than 10,000,000 points, rules may not apply.
You have a very good chance of converting your points into vouchers or gift cards. Another great way to use your American express points is to transfer them into a partner program.
You may ask how do I use American express points in a loyalty program? If you ever analyzed and seen that Hilton, Starwood, Priority Club, etc can make it difficult to redeem rewards points. Redemption rates of airline miles are more than 50% better in comparison with hotel programs.
Once my neighbors redeemed his airline miles for hotel points and found that 2 hotel reward points was equal to 1 airline reward point.
One of my uncles also found SPG points were one for every thousand membership rewards points. Not very good.
You can get a $10 gift card for around 1,000 points. This might be a good way to estimate what your American Express points are worth.
So when it comes to how you use your American Express points you must analyze the redemption rewards provided by various airlines, hotels, electronics or through gift cards. Finally according to my experience redeem your reward points after looking at the reward rates provided by various leading airlines, hotels, gadget leaders and gift card providers. It is always a fun way to redeem rewards.