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What Do You Do With Your AMEX Points?

Posted on 6/18/14 at 8:48 am
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 6/18/14 at 8:48 am
I can never make up my mind.

My first bonus 25K went to a $250 Brooks Brothers card.

Starpoints is the biggest ripoff around, way, way too expensive.

I'm thinking I might just get $200 Ruth Chris gift card and call it a day.

$176 worth on Amazon.
Posted by Lsut81
Member since Jun 2005
80153 posts
Posted on 6/18/14 at 8:49 am to
quote:

What Do You Do With Your AMEX Points?


GC's is the only logical answer... The best ratio on there.
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 6/18/14 at 8:50 am to
Any type of Bonus to transfer them to DL? If so I'll give you the cash

ETA: Why look to burn them? Save them up until you need them/ want something in particular
This post was edited on 6/18/14 at 8:51 am
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 6/18/14 at 8:52 am to
What is GC?
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 6/18/14 at 8:55 am to
I am going to guess GiftCard
Posted by skygod123
NOLA
Member since Nov 2007
27882 posts
Posted on 6/18/14 at 8:56 am to
i use it towards hotels or flights. its the best bang for my buck on my card. i usually only get about 300-400 on my card a year. Im no OT baller.
Posted by LSU-MNCBABY
Knightsgate
Member since Jan 2004
24356 posts
Posted on 6/18/14 at 8:57 am to
Been letting mine build up for years, going to wait until we have enough for 2 round trip first class plane tickets somewhere we havent been.
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 6/18/14 at 8:58 am to
I'm never gonna get that many points anymore. Platinum doesn't accrue like that. I was spending like 3-4K a month and got barely any credit.
Posted by Lsut81
Member since Jun 2005
80153 posts
Posted on 6/18/14 at 9:00 am to
quote:

i use it towards hotels or flights


I've looked and every time I have, the ratio just doesn't make sense... Only thing I have found that provides a solid ratio is gc's to restaurants and retails. Hell, even if you shop on their site, a lot of the ratios are shite compared to just buying a gc and going to a store.

Its not like Chase Sapphire where you get 20% additional if you book through them, unless I am completely missing something.
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 6/18/14 at 9:01 am to
I just bought 2 first class tickets from a year and half of saving up points with my Amex.

3-4k a month were my high months
This post was edited on 6/18/14 at 9:02 am
Posted by anc
Member since Nov 2012
18072 posts
Posted on 6/18/14 at 9:03 am to
A couple years ago, I cashed them in for $2500 in Home Depot gift cards and bought a really nice refrigerator.

I put everything I buy on my AMEX, that was almost four years worth of points and it felt good.
Posted by skygod123
NOLA
Member since Nov 2007
27882 posts
Posted on 6/18/14 at 9:06 am to
quote:

I've looked and every time I have, the ratio just doesn't make sense... Only thing I have found that provides a solid ratio is gc's to restaurants and retails. Hell, even if you shop on their site, a lot of the ratios are shite compared to just buying a gc and going to a store.


well, i have the blue skies card. its one of the few that doesnt have a fee. I have actually been thinking about switching reward cards to get better bang for the buck. I just havent wanted to pay for an annual fee.
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 6/18/14 at 9:15 am to
That's literally 250,000 points. Or a quarter million dollars spent. Yeah, I ain't ever doing that.
Posted by hiltacular
NYC
Member since Jan 2011
19677 posts
Posted on 6/18/14 at 9:16 am to
I will typically buy Delta flights with my MR points
Posted by LSUchuck
Member since Dec 2004
1546 posts
Posted on 6/18/14 at 9:31 am to
I have the Hilton Hhonors Amex. Thinking about switching though bc I don't do a ton of traveling and the main way to accrue points is staying at Hilton branded hotels.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 6/18/14 at 9:35 am to
I do Amazon and Zappos. The shoes I'm wearing were bought with Amex points. It's not a great rewards program.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 6/18/14 at 9:37 am to
Walmart gift cards or amazon gift cards.
Posted by htownjeep
Republic of Texas
Member since Jun 2005
7612 posts
Posted on 6/18/14 at 9:39 am to
I have 78,907 sitting there right now. Not sure if I should transfer to an airline and go somewhere or just let them keep accumulating. I still have 50,000 or so in my Southwest acct so I really don't need travel. Nice to know I have them though if I needed them.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35549 posts
Posted on 6/18/14 at 9:49 am to
quote:

I'm never gonna get that many points anymore. Platinum doesn't accrue like that. I was spending like 3-4K a month and got barely any credit


Really? I have the Preferred Gold Rewards card and I've racked up over 50,000 points in about 2 months. 3X on airline tickets and 2X on gas and groceries plus I dump a lot of business expenses on it.

Even at $3-4k if you spend on the right categories you should be racking up some nice point totals.

To the OP. I'd never buy gift cards with them. It devalues the points. Airline miles transfer for me.
This post was edited on 6/18/14 at 9:51 am
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35549 posts
Posted on 6/18/14 at 9:52 am to
quote:

Its not like Chase Sapphire where you get 20% additional if you book through them, unless I am completely missing something.


You're missing something. I can transfer my Amex points out to British Airways and twice a year I get up to a 40% bonus on miles. So 100,000 points transfers out to 140,000 BA Avios.
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