The American Express Membership Rewards program is running a promotion from May 17 to May 30, 2021 to redeem your points:

• For prepaid cards
• For purchases on amazon.ca

For a limited time, you can redeem fewer points for prepaid cards:

These are American Express prepaid cards.

For example, if you have earned 50,000 points with the American Express Cobalt™ Card in the past few months, you could redeem them for a $500 prepaid card.

For a limited time only, you can redeem fewer points for purchases on Amazon.ca. Instead of using 1,000 points for $7, you can redeem 1,000 points for $10 on Amazon.ca.

In both cases, the redemption rate is the same as what you would get by using your points for travel purchases made with your Card: 1 cent per point.

However, this is less than you could get by transferring your points to a program like Marriott Bonvoy (or Aeroplan for eligible cards).

But at a time when travel is scarce, one of these two options may be of interest to you! Here are the eligible American Express cards: