Use Membership Rewards points - Travel purchases
Using your American Express Membership Rewards points for travel purchases is easy. Charge any travel purchase to your card and apply your points to it by logging into your online account.
Choose one of your Membership Rewards cards, then click on”Use points“:
Then you click on “Redeem points“.
The option to select the transaction(s) will appear on this new page.
Then, a 90-day history of your purchases on the card will be displayed. If you wish to apply Membership Rewards points to past spending, you will need to call American Express.
Here I have chosen to apply points on a transaction with Air Canada. The rate is therefore 1,000 points = $10.
You will be able to set the number of Membership Rewards points you wish to use for this transaction to the exact point. Here, I chose 1234 Membership Rewards for a credit of $12.34. Click on “Confirm” in the box at the bottom of the page.
The credit will be posted to your account within 24-48 hours and marked “Points for purchases”.
It’s going to depend on the cash price as well as the points price; there’s a valuation calculation to be made. The beauty of Membership Rewards is that you can do either when you’re ready to buy!
An example with United Airlines
Take, for example, a purchase of a flight on United Airlines, charged to the American Express CobaltMD Card, on which points can be applied at the rate of 1,000 points = $10.
An example with Airbnb
Membership Rewards cards
All American Express Membership Rewards cards allow you to use 10,000 points for $100 in travel purchases.
Here they are:
Use Membership Rewards points - Everyday shopping
Generally speaking, it’s not a good idea to apply travel points to anything other than trips: their value will be diminished. The exception is Membership Rewards points, which have the same value for all types of expenditure.
The process is the same as for travel points, where you can select the transaction on which you want to use Membership Rewards points and the number of points.
You can also do this from your American Express mobile application. However, it will not be possible to select a partial payment with points as shown in the screenshot above.
Even American Express small business cards allow points to be applied to ALL PURCHASES at the ratio of 1000 points = $10
Use Membership Rewards points - Earning
The American Express CobaltMD Card stands out as one of the most advantageous options in Canada for collecting points quickly through its rewards program.
Indeed, the card’s major advantage lies in its ability to award 5 times more points for all purchases in the restaurant, meal delivery and grocery shopping categories.
In practical terms, these Membership Rewards points mean 5% cash back ongrocery purchases.
Consider the gift card display in supermarkets!
This is a sound strategy for accumulating a large number of points by making various types of purchases (at Walmart, for fuel, clothing, at the SAQ, on Amazon, etc.).
In fact, it can sometimes be a good idea to transfer your Membership Rewards points to another program if you’re happy with the value you get. However, we’re still guaranteed the use of 10,000 points = $100 at all times and on everything!