Earn 30%* points back when you redeem. ( AMEX " Pay with Points" ) ..

[SSV]

For those interested in ..

Just received an email from Amex for Pay with Points offer..

 

[amit]

hard skip .

 

[ManojGowda]

I guess this kind of bumps up MR point value to ₹0.325p
Still lower than Amazon voucher redemption at ₹0.33p

 

[SSV]

I guess this kind of bumps up MR point value to ₹0.325p
Still lower than Amazon voucher redemption at ₹0.33p

but it gives an option where Amazon vouchers can't be used for that individual need...

 

[coolguy1]

I mean some offer is better than no offer but won't be useful for most as people here don't redeem their MR points for any of the mentioned uses.

 

[jk51]

For those interested in ..

Just received an email from Amex for Pay with Points offer..

View attachment 69972

View attachment 69973

View attachment 69974

A good option for people who can’t find straight redemption options with Amex

Straight swipes/pos payments across Insurance, Tax, Educational institutes, etc forms good use case.

 

[brucelee]

One more jumla to stop customers to redeem and cancel their cards if someone is on the edge, fullfillment date end of Jan 2025.

 

[Tazact]

That too not valid for Amex Plat Travel card. Won't be a waste of MR points if we go by this offer ?

 

[jk51]

That too not valid for Amex Plat Travel card. Won't be a waste of MR points if we go by this offer ?

For those who hold cards eligible for gold collection and opt for Amazon vouchers definitely makes sense for certain category spends not covered through Apay

 

[AlgoTrader]

I guess this kind of bumps up MR point value to ₹0.325p
Still lower than Amazon voucher redemption at ₹0.33p

For every 100 points, if we redeem through amazon pay voucher, we will get 33 rupees.
If we spend points for our purchase, we will get 25 rupees. With this offer, 30 points will be credited for this txn, which when redeemed against amazon pay voucher, we will get 9.9 Rupees, so we will get 25+9.9 = 35 rupees.
So it is providing slightly higher value, right?

 

[brucelee]

For every 100 points, if we redeem through amazon pay voucher, we will get 33 rupees.
If we spend points for our purchase, we will get 25 rupees. With this offer, 30 points will be credited for this txn, which when redeemed against amazon pay voucher, we will get 9.9 Rupees, so we will get 25+9.9 = 35 rupees.
So it is providing slightly higher value, right?

You are correct, provided you keep spending on the card to redeem for gold collection with annual fee paid considered, It's a number game with spends and time horizon.

 

[AlgoTrader]

now the only question i have is , will these spends using points be considered for spend based offer amex sent out few days back

 

[ManojGowda]

For every 100 points, if we redeem through amazon pay voucher, we will get 33 rupees.
If we spend points for our purchase, we will get 25 rupees. With this offer, 30 points will be credited for this txn, which when redeemed against amazon pay voucher, we will get 9.9 Rupees, so we will get 25+9.9 = 35 rupees.
So it is providing slightly higher value, right?

My assumption was on the basis that the bonus reward points would be used for pay with points again, but you calculation is correct if we redeem the bonus on Apay vouchers.

 

[shubhamk]

Straight to trash in my inbox.

 

[maheshspanicker]

Is it a targeted offer? Haven't received for my MRCC. Also no spend based offer for this month either.