What to do with those American Express Membership Rewards points you’ve been accumulating since 2010? What I usually do with my AMEX points is to wait for one of their gift card promotions. Well wait no more, AMEX is running their promo but only for a limited amount of vendors. If you’re a fan of Gap, Old Navy, Whole Foods or iTunes, then this is a great time to jump in and get e-gift cards for items you’d be buying anyways.
Back in 2015, American Express ran a huge sale of 20% off their gift cards pushed many of the participating retailers’ gift car value to less than a penny per point! There were so many options in terms of what you could select from — Crate & Barrel to Red Lobster to Gap to AMC to Saks Fifth Avenue. If you’re like me and none of the four retailers in this promo speak to you, wait a few more months, they seem to run them 2-3 times a year.
If you’re into it, then you must redeem your points online between 8/6/2018 and 9/30/2018. To be eligible to receive these offers, all Card accounts linked to an enrollee’s Membership Rewards program account must not be canceled, past due or have a returned payment outstanding at the time of point redemption. Individual terms, conditions and restrictions apply to the respective Membership Rewards offers.