Max Value from 62K Amex Points? Plus, Thinking of Dropping Travel Platinum…

[superstar@123]

Hi everyone,

I currently hold the following Amex cards:

• Amex MRCC (Lifetime Free)
• Amex Travel Platinum Card – Got this in July 2024
• Amex Gold Charge Card – Taken around 4 months ago

I've recently crossed ₹4L spend on the Travel Platinum, and now have around 62,000 Membership Reward points.

I'm quite new to maximizing reward points, so I would really appreciate your suggestions on:

1. What’s the best way to redeem these 62k points for maximum value? (Travel, vouchers, transfers, etc.)
2. Should I close the Travel Platinum Card?
   I don’t think I’ll be able to meet the ₹4L threshold again next year, so wondering if it's worth continuing.

Would love to hear what others in the community think. Thanks in advance! 🙏

 

[Avatar Aang]

Plat travel is good only if you spend more than 4L. IMO you should close it.
Best value of MR points is transferring to Marriott Bonvoy.
For 62K points minimum realization should be 50p per point. Maximum would be around 1.5-2Rs. per point.

 

[superstar@123]

Plat travel is good only if you spend more than 4L. IMO you should close it.
Best value of MR points is transferring to Marriott Bonvoy.
For 62K points minimum realization should be 50p per point. Maximum would be around 1.5-2Rs. per point.

Ok, so when you say max 1.5 to 2 Re, you mean that first I convert it to Bonvoy, which will be say around 30k and those 30k points worth 60k ?

OR
There will be some bonus coming where the conversion points to Bonvoy itself will be of 60k ?

 

[Avatar Aang]

Ok, so when you say max 1.5 to 2 Re, you mean that first I convert it to Bonvoy, which will be say around 30k and those 30k points worth 60k ?

OR
There will be some bonus coming where the conversion points to Bonvoy itself will be of 60k ?

Nope. 62K Amex points= 62 Marriott points as of today.
With these 62K points you can book Marriott hotels and depending upon the retail rate and point requirements the rate will vary from 50p to 2Rs.

 

[superstar@123]

Nope. 62K Amex points= 62 Marriott points as of today.
With these 62K points you can book Marriott hotels and depending upon the retail rate and point requirements the rate will vary from 50p to 2Rs.

Got it.
Should I wait for any bonus redemption offer or is it something which is rare?

 

[Avatar Aang]

Got it.
Should I wait for any bonus redemption offer or is it something which is rare?

If you don't have any immediate plans then you can wait as Amex points never expire.

 

[superstar@123]

If you don't have any immediate plans then you can wait as Amex points never expire.

What if, if I close the Amex platinum card ?

 

[vaibhav111vaibhav111 is verified member.]

Hi everyone,

I currently hold the following Amex cards:

• Amex MRCC (Lifetime Free)
• Amex Travel Platinum Card – Got this in July 2024
• Amex Gold Charge Card – Taken around 4 months ago

I've recently crossed ₹4L spend on the Travel Platinum, and now have around 62,000 Membership Reward points.

I'm quite new to maximizing reward points, so I would really appreciate your suggestions on:

1. What’s the best way to redeem these 62k points for maximum value? (Travel, vouchers, transfers, etc.)
2. Should I close the Travel Platinum Card?
   I don’t think I’ll be able to meet the ₹4L threshold again next year, so wondering if it's worth continuing.

Would love to hear what others in the community think. Thanks in advance! 🙏

always note it down amex next year renewal date and amex charges 13th month not on 12th month so if you find you don't have 4L to spend i paid 10K MR Points and kept platinum for another year.

 

[vaibhav111vaibhav111 is verified member.]

What if, if I close the Amex platinum card ?

as long you have one amex cc it doesn't matter. since mrcc is LTF. you can always apply for same cc in next 3-9 months after cancellation. after 6m is recommended.

 

[superstar@123]

as long you have one amex cc it doesn't matter. since mrcc is LTF. you can always apply for same cc in next 3-9 months after cancellation. after 6m is recommended.

Ok, so I will keep the points even if I cancel the platinum card, right ?

 

[Avatar Aang]

Ok, so I will keep the points even if I cancel the platinum card, right ?

Y E S.

 

[superstar@123]

Y E S.

Haha. Thanks.
I know I asked it again !

 

[Avatar Aang]

Haha. Thanks.
I know I asked it again !

The Y E S was due to 3 word requirement. Nothing more than that