Make most of your points | Redeem and earn 30%* points back

[AlgoTrader]

Got this offer from Amex today. Anyone know how to make best use of this offer? I got fee waiver already for MRCC and no plan to travel. So those options are out of question. Only buying at online or offline store seems possible usage. Seems redeeming against gold collection won't work, so not much use.

Redeeming 100 points	Normal redemption to amazon voucher	Bonus redemption- pay with points
Conversion	39​	25​
Extra points we will get	0​	30​
Conversion of extra points	NA	12​
Total (Row 2+4)	39​	37​

Am I right here?

 

[Dhruvit.S]

Got this offer from Amex today. Anyone know how to make best use of this offer? I got fee waiver already for MRCC and no plan to travel. So those options are out of question. Only buying at online or offline store seems possible usage. Seems redeeming against gold collection won't work, so not much use.

Redeeming 100 points	Normal redemption to amazon voucher	Bonus redemption- pay with points
Conversion	39​	25​
Extra points we will get	0​	30​
Conversion of extra points	NA	12​
Total (Row 2+4)	39​	37​

Am I right here?

I dint get your calculations here!

Can we do on gold collection redemption or just voucher purchase? And how much bonus on voucher purchase?

Edit: i calculated 1Rp= 0.357ps

 

[787]

calculation seems off. I think assuming the offer you have mentioned is valid, total number should be 25 + 7.5(30*.25) = 32.5

 

[BlueFlash]

Amex trolling us XD

 

[Avatar Aang]

18K points on gold catalogue gives 7K Apay Voucher.
If we use pay with points then same 7K Apay voucher can be bought at 28K points. Now Amex is offering 30% points back hence after burning 28K points we receive 8.4K points back. Overall the voucher costs 19.6K points.

 

[AlgoTrader]

If we buy directly, it costs 18k points only, so net loss for us

 

[Dhruvit.S]

18K points on gold catalogue gives 7K Apay Voucher.
If we use pay with points then same 7K Apay voucher can be bought at 28K points. Now Amex is offering 30% points back hence after burning 28K points we receive 8.4K points back. Overall the voucher costs 19.6K points.

Is this offer good or bad. Also consider 21 carat, that offers better value

 

[helloworld]

Is this offer good or bad. Also consider 21 carat, that offers better value

Bad. They intentionally applied offer to specific places where 1MR=0.25p.

with 30% back, your reward value still 1MR=0.35p. Now, you can decide if you can get more value, ignore else this is better offer.

 

[AlgoTrader]

Not useful for shopping, can be useful for ppl who use to book airline or hotels

 

[helloworld]

Not useful for shopping, can be useful for ppl who use to book airline or hotels

As long as you get more than 0.40p for 1MR, its good. Otherwise even for airline or hotels not good. Maybe good for smartEarn only users.

 

[Aditya12]

Isn’t it good for people (including myself) who do not have option of 18k/24k? I only have Plat Travel.

 

[helloworld]

Isn’t it good for people (including myself) who do not have option of 18k/24k? I only have Plat Travel.

If you consider FK, then yes. 0.35p better than 0.30p. But, if you consider Taj, then no. you're getting 0.50p there.