{"id":147424,"date":"2021-05-31T09:55:00","date_gmt":"2021-05-31T13:55:00","guid":{"rendered":"https:\/\/milesopedia.com\/news\/big-change-membership-rewards\/"},"modified":"2024-05-31T14:13:15","modified_gmt":"2024-05-31T18:13:15","slug":"big-change-membership-rewards","status":"publish","type":"post","link":"https:\/\/milesopedia.com\/en\/news\/programs\/big-change-membership-rewards\/","title":{"rendered":"Big Change to Membership Rewards: 1,000 points = $10!"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text el_class=”checkmarks”]American Express has just announced a major change to its Membership Rewards<\/a> cardmembers.[\/vc_column_text][vc_single_image image=”147417″ img_size=”large” alignment=”center” style=”vc_box_rounded”][vc_column_text el_class=”checkmarks”]Now you can enjoy the same redemption rate when redeeming points towards all purchases charged to your Card. That means you enjoy a redemption rate of 1,000 points for a $10 statement credit<\/strong> towards any Card purchase.[\/vc_column_text][vc_single_image image=”147421″ img_size=”medium” alignment=”center” style=”vc_box_rounded”][vc_column_text el_class=”checkmarks”]Previously, this rate was only available for travel purchases. Other purchases had a rate of 1,000 points for a $7 statement credit.[\/vc_column_text][vc_single_image image=”147419″ img_size=”large” alignment=”center” style=”vc_box_rounded”][vc_column_text el_class=”checkmarks”]Last year, a few months after the COVID-19 pandemic began and travel was paused, American Express allowed its cardmembers to redeem their points at that 1,000 points to $10<\/strong> ratio. And according to our sources – and the feedback in the Milesopedia Facebook group<\/a> – this promotion was a big hit.<\/p>\n

So American Express decided to simplify things and offer this rate for any purchase, including travel. Here are the cards affected by this change:[\/vc_column_text]

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This card was already one of the best credit cards in Canada<\/a>. But with this change, it also becomes the best cash back credit card in Canada<\/strong> offering 5% cash back on groceries<\/strong>, restaurants, bars, food delivery, convenience store purchases (think gift cards<\/a>).[\/vc_column_text]

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<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n<\/div>\t\t<\/div>\n\n\t\t<\/div>[vc_column_text el_class=”checkmarks”]It was already the case for Small Business Cards<\/a> offering a rate of 1,000 points for a $10 statement credit towards all purchases:[\/vc_column_text]
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You can now redeem 1,000 Membership Rewards points for a $10 statement credit towards any purchase.<\/p>","protected":false},"author":3,"featured_media":119227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[48419],"tags":[],"mc_loyalty_program":[],"class_list":["post-147424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-programs"],"acf":{"mc_approved_badge":false,"mc_card_used":null,"mc_featured_card_specific":null,"mc_hide_featured_card":false,"mc_post_checklist":{"mc_post_checklist_true":null,"mc_post_checklist_false":null}},"yoast_head":"\nBig Change to Membership Rewards: 1,000 points = $10! 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