American Express just sent out a new promotional email to select Membership Rewards cardholders! They can earn up to 10,000 bonus Membership Rewards points for booking select flights! Full details.
Here are the main details of the offer:
If these conditions are met, you will get:
But… what is the fixed point travel program?
We have detailed this program in this article which has demonstrated the incredible value it can have for certain types of flights. Here is a video from American Express explaining the program:
Let’s take a few examples.
American Express Travel allows you to book airline tickets in two ways:
Let’s detail the fixed-point travel program:
The American Express Fixed Point Travel Program covers certain eligible“popular” air routes, from short-haul to long-haul. For example:
For this type of “short-haul” flight, it will cost only 15,000 Membership Rewards points (+ taxes) up to a value of $300 (for the base price of the ticket… excluding taxes).
We do not recommend using Membership Rewards points via the fixed-point fare structure for long-haul flights: taxes and surcharges will often make it totally unattractive.
Let’s take an example of a short-haul flight between Montreal (YUL) and New York La Guardia (LGA) during a busy period: from Friday evening to Sunday evening. Real conditions for a weekend in the Big Apple.
For example, American Express Travel offers this round trip on Air Canada for $509.41.
The American Express Fixed Points Travel Program allows you to pay for this short-haul ticket with 15,000 Membership Rewards points + $209.41. Here is the price breakdown:
We can see that the base price of the ticket is $360.97, plus taxes, fees and carrier surcharges of $148.44.
In this case, the 15,000 Membership Rewards points have a value of $300 … instead of $150 via the flexible points pricing structure! A great deal!
And as part of this promotion, you could even earn 5,000 Membership Rewards points. That means this flight would only cost you 10,000 points and $209.41 round trip!
The program is explained by American Express on this page.
There are 5 Membership Rewards cards that can be used on the American Express Travel website:
This offer is particularly advantageous for short-haul flights such as Montreal – New York.
If you have multiple cards with Membership Rewards points, the best card to use for this type of transaction would be the American Express Cobaltᵐᶜ Card! In fact, of all of them it is the only one whose Membership Rewards points CANNOT be transferred directly into an airline loyalty program (like Aeroplan).
Here you can use your points wisely for airfare! Especially when they have been accumulated at the rate of 5 Membership Rewards points per dollar for certain purchases!
Savings are here: